Biotech and Pharmaceuticals
BioNTech says it will start cancer vaccine trials in the UK from September
A NHS vaccinator administers the Pfizer-BioNTech Covid-19 booster jab to a woman, at a vaccination centre in London. BioNTech is launching a large-scale trial of mRNA therapies to treat cancer and other diseases in the U.K. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. government on Friday announced a partnership with German […]
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CVS and Walgreens will provide mifepristone in pharmacies
Mifepristone (Mifeprex), a single of the two medicines used in a treatment abortion, is exhibited at the Women’s Reproductive Clinic, which supplies authorized medicine abortion expert services, in Santa Teresa, New Mexico, on June 15, 2022. Robyn Beck | AFP | Getty Photographs Walgreens and CVS will promote the abortion pill mifepristone following the Foodstuff […]
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XBB.1.5 omicron subvariant is the most transmissible version of Covid yet, WHO says
XBB.1.5 strain, January 4, 2023, Suqian, Jiangsu, China. CFOTO | Future Publishing | Getty Images The XBB.1.5 omicron subvariant that’s currently dominating the U.S. is the most contagious version of Covid-19 yet, but it doesn’t appear to make people sicker, according to the World Health Organization. Maria Van Kerkhove, the WHO’s Covid-19 technical lead, said […]
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Bank of America upgrades Merck, says pharma giant will outperform even as macro pressures mount
Investors can expect further gains from Merck this year, Bank of America said. Analyst Geoff Meacham upgraded shares to buy from neutral, saying the pharmaceutical company will continue to outperform even as macro pressures mount in 2023. “We are upgrading MRK to Buy from Neutral based on continuation of strong growth trends seen last year […]
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Highly immune evasive omicron XBB.1.5 variant is quickly becoming dominant in U.S. as it doubles weekly
Gilnature | Istock | Getty Images The Covid Omicron XBB.1.5 variant is rapidly becoming dominant in the U.S. because it is highly immune evasive and appears more effective at binding to cells than related subvariants, scientists say. XBB.1.5 now represents about 41% of new cases nationwide in the U.S., nearly doubling in prevalence over the […]
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A promising new Covid pill shows key advantages over Paxlovid in trial
A staff member sorts medicines at a pharmacy in Huai ‘an, China on Dec. 10, 2022. CFOTO | Future Publishing | Getty Images A new antiviral pill for Covid was found to be as effective as Paxlovid at curbing mild to moderate illness among people at high risk of severe disease in a Phase 3 […]
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Citi names its top biotech stock picks for 2023 — and gives one 73% upside
Biotech has been a “stock-pickers market” — and it may have just what it takes to remain one in 2023, according to Citi. “Biotech is currently a stock-pickers market, with focus on companies with near-term catalysts, active debates, and strong fundamentals that could continue to drive outperformance in various recession scenarios,” Citi said in a […]
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U.S. and global health officials are worried about lack of transparency from China on Covid outbreak
People receive inhaled COVID-19 vaccine at the Center for Disease Control and Prevention in Bijie, Guizhou province, China, December 29, 2022. CFOTO | Future Publishing | Getty Images U.S. and global health leaders say Beijing is not sharing enough information about the spread of Covid-19 in China, leaving the international community in the dark about […]
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UK says no plans for Covid tests for China arrivals as Europe is pressured to tighten rules
People are seen waiting at the arrivals area of terminal 5 at Heathrow International airport. Carlos Barria | Reuters LONDON — The UK’s Transport Department said Thursday there were currently no plans to reintroduce Covid-19 tests or additional requirements for travelers arriving into the country. It comes as several nations announced new measures in response […]
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U.S. will require airline passengers traveling from China to test negative for Covid
Travelers check in at Shanghai’s Hongqiao International Airport in on Dec. 12, 2022, after China relaxed domestic travel restrictions. Qilai Shen | Bloomberg | Getty Images The Biden administration will require airline passengers traveling from China to test negative for Covid before entering the U.S., a federal health official said on Wednesday. All travelers two […]
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