Biotech and Pharmaceuticals

The CDC is sending monkeypox vaccines to people at high risk in a race to prevent the spread
Health

The CDC is sending monkeypox vaccines to people at high risk in a race to prevent the spread

Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022.  Dado Ruvic | Reuters The Biden administration has distributed 1,200 monkeypox vaccine doses for people who have had high-risk exposures to the virus, part of a nationwide public health response to stamp out the disease before it causes […]

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Searching for value in the battered biotech sector, which may not have hit bottom yet
Health

Searching for value in the battered biotech sector, which may not have hit bottom yet

Investors have been laser-focused on profit-producing companies, which has left companies in their pre-revenue stage on the sidelines. As a result, a growing number of biotech stocks are now trading below the value of the cash on their balance sheets. Over the past year, the SPDR S & P Biotech ETF is down nearly 44%, […]

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U.S. monkeypox cases have more than doubled over the last week to 20, CDC says
Health

U.S. monkeypox cases have more than doubled over the last week to 20, CDC says

The World Health Organization has said that there is a “window” of opportunity to contain a recent monkeypox outbreak which has seen cases spread across Europe, the U.S. and Australia. Nurphoto | Nurphoto | Getty Images The U.S. has identified 20 confirmed or suspected monkeypox cases across 11 states as public health authorities increase testing […]

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White House expects Covid vaccinations for children under age 5 to begin as early as June 21
Health

White House expects Covid vaccinations for children under age 5 to begin as early as June 21

A nurse administers a pediatric dose of the Covid-19 vaccine to a girl at a L.A. Care Health Plan vaccination clinic at Los Angeles Mission College in the Sylmar neighborhood in Los Angeles, California, January 19, 2022. Robyn Beck | AFP | Getty Images Covid vaccinations for children under age 5 are expected to begin […]

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Reckitt says baby formula plants in Singapore and Mexico can produce 21 million bottles for U.S. if FDA approves
Health

Reckitt says baby formula plants in Singapore and Mexico can produce 21 million bottles for U.S. if FDA approves

Robert Cleveland, senior vice president of nutrition for North America and Europe at Reckitt, speaks via video conference during a House Commerce Subcommittee hearing in Washington, D.C., on Wednesday, May 25, 2022. Sarah Silbiger | Bloomberg | Getty Images Baby formula manufacturer Reckitt has the capacity to produce at least 21 million 8-ounce bottles of […]

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WHO says monkeypox has been spreading undetected as global cases rise to more than 550
Health

WHO says monkeypox has been spreading undetected as global cases rise to more than 550

In this photo illustration, a photo of a hand infected with the Monkeypox virus is seen through a magnifying glass. Monkeypox is a viral disease that occurs mainly in central and western Africa. Rafael Henrique | Lightrocket | Getty Images The World Health Organization on Wednesday confirmed more than 550 monkeypox cases across 30 countries […]

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India wants to be the ‘pharmacy of the world.’ But first, it must wean itself from China
Health

India wants to be the ‘pharmacy of the world.’ But first, it must wean itself from China

India emerged as a large supplier of Covid-19 vaccines, supplying to 75 countries, including Indonesia, where a medical officer injects the vaccine AstraZeneca into a recipient in Bintan island on July 2, 2021. (Photo credit Yuli Seperi / Sijori images/Future Publishing via Getty Images India has embarked on an ambitious plan to cut dependence on […]

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Monkeypox has spread to more than 20 countries, but the outbreaks are containable, WHO says
Health

Monkeypox has spread to more than 20 countries, but the outbreaks are containable, WHO says

RT: Maria Van Kerkhove, Head a.i. Emerging Diseases and Zoonosis at the World Health Organization (WHO), speaks during a news conference on the situation of the coronavirus at the United Nations in Geneva, Switzerland, January 29, 2020. Denis Balibouse | Reuters The World Health Organization on Thursday said the monkeypox virus has spread to more […]

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Baby formula supply should return to normal in two months, FDA commissioner says
Health

Baby formula supply should return to normal in two months, FDA commissioner says

Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022. Samuel Corum | AFP | Getty Images Food and Drug Administration Commissioner Dr. Robert Califf told lawmakers on Thursday that it will take until July before store shelves across the country are filled with baby […]

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Nine monkeypox cases identified in U.S.: What we know about each of them
Business

Nine monkeypox cases identified in U.S.: What we know about each of them

Rochelle Walensky, Director of the U.S. Centers for Disease Control and Prevention (CDC), participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, on Wednesday, May 4, 2022. Lauren Justice | Bloomberg | Getty Images The Centers for Disease Control and Prevention has identified nine cases of monkeypox across seven […]

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