Plans to end gazumping with binding agreements in house sales shake-up

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Plans to end gazumping with binding agreements in house sales shake-up 1 day ago Share Save Add as preferred on Google Rachel Clun, Business reporter and Kevin Peachey, Cost of living correspondent Getty Images Home buyers and sellers can expect an end to "gazumping" in a major shake-up aimed at speeding up housing sales. Legally binding sales agreements will be introduced earlier to stop buyers or sellers walking away at a late stage in the process without a legitimate reason. In England and Wales, buyers can currently be outbid at a late stage of the sale and chains can fall apart months into the process, causing huge frustration for buyers as well as being expensive. Previous attempts to improve the system have had limited success and few of the latest proposed changes will happen immediately. The planned reforms, first announced in October last year , will be introduced at the end of this Parliament in 2029. The changes include home buyers receiving more information abou...
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Haya Therapeutics Signs $1 Billion Deal with Eli Lilly




Haya Therapeutics, a Swiss biotech founded in 2019 by Algerian biologist Samir Ounzain, has signed a $1 billion deal with Eli Lilly. Based in Lausanne, the company develops RNA-based therapies to treat severe diseases by exploring the "dark genome."

The agreement focuses on identifying drug targets for obesity and associated metabolic diseases. The contract includes several milestone payments, from preclinical to commercial stages, providing a major boost to the start-up’s growth.

About Samir Ounzain:

Samir Ounzain was born in 1983 in Koléa, Algeria. After growing up in the UK, he moved to Switzerland, where he founded Haya Therapeutics after working at the Lausanne University Hospital (CHUV). He holds a degree in biochemistry and molecular biology from the University of Leeds and a PhD in molecular cardiology from the University of Leicester.




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