A global revolution in the use of antimicrobials is needed, according to a government backed report.
Lord Jim O'Neill, who led the Review on Antimicrobial Resistance, said a campaign was needed to stop people treating antibiotics like sweets.
It is the first recommendation in the global plan for preventing medicine "being cast back into the dark ages".
The report has received a mixed response with some concerned that it does not go far enough.
Superbugs, resistant to antimicrobials, are estimated to account for 700,000 deaths each year.
What: According to a report in The Age newspaper leading grain handler and marketer Graincorp Ltd (ASX: GNC) is seeing renewed investor interest thanks to the change in Prime Minister.
Back in late 2013 the Federal Treasurer prohibited the takeover offer from Canadian-based Archer-Daniels-Midland (ADM) Company for Graincorp under the Foreign Acquisitions and Takeovers Act.
ADM had offered to acquire all of Graincorp’s shares for a total consideration of $13.20 per share which represented a 49% premium to the closing price pre its initial offer.
Since the intervention from the Federal Government the shares have slumped to trade mostly in the $8 range.
The market appears to be speculating that a suitor, possibly even a new bid from AMD which has retained a holding of around 20% in Graincorp could receive a more favourable hearing from the Government’s new leadership team.
Goldman Sachs initiated coverage of Cyberark Software Ltd (NASDAQ: CYBR) with a Buy rating and a price target of $51. The price target suggests 23 percent upside. The analyst said that the market seems to be underestimating CyberArk’s “runway in privileged access management (PAM, protects IT admin accounts) as a function of greenfield deployments, expansion with its core password product in existing accounts, and upsell opportunity to a broader set of products over time.”