Biotech and Pharmaceuticals

Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them
Health

Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them

A sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | Reuters Three years into the Covid-19 pandemic, few Americans are rolling up their sleeves to get a Covid vaccine.  Only 15.7% of U.S. adults had received the newest Covid shots from Pfizer, Moderna and Novavax […]

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Citi is so bullish on this biotech stock it gives it 800% potential upside
Health

Citi is so bullish on this biotech stock it gives it 800% potential upside

Citi is so bullish on one biotech firm that it has given its shares a target price that represents around 800% upside. That company is U.S.-listed Biomea Fusion , which develops covalent therapies to treat cancers and metabolic diseases. These therapies offer “a number of potential advantages over conventional non-covalent drugs including greater target selectivity, […]

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Mounjaro is more effective than Ozempic for weight loss in overweight and obese adults, real world study says
Health

Mounjaro is more effective than Ozempic for weight loss in overweight and obese adults, real world study says

A pharmacist displays a box of Mounjaro, a tirzepatide injection drug used for treating type 2 diabetes and made by Lilly at Rock Canyon Pharmacy in Provo, Utah, May 29, 2023. George Frey | Reuters The blockbuster diabetes drug Mounjaro is more effective for weight loss than another highly popular treatment, Ozempic, in overweight or […]

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Oil and gas sector demands to allow go of carbon seize as alternative to local weather alter, IEA states
World

Oil and gas sector demands to allow go of carbon seize as alternative to local weather alter, IEA states

The Gorgon liquefied pure gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | Getty Illustrations or photos The oil and gasoline industry requires to let go of the “illusion” that carbon capture engineering is a remedy to weather […]

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U.S. to offer another round of free at-home Covid tests starting Monday
Business

U.S. to offer another round of free at-home Covid tests starting Monday

COVID-19 home test kits are pictured in a store window during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 19, 2022. Carlo Allegri | Reuters The Biden administration on Monday said it is offering another round of free at-home Covid tests to U.S. households ahead of […]

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U.S. crude oil fell into a bear current market this 7 days and could head reduce as China ‘haunts the market’
World

U.S. crude oil fell into a bear current market this 7 days and could head reduce as China ‘haunts the market’

U.S. crude oil rates entered a bear market place this week, down 22% from September highs as traders wrangle around regardless of whether the spiral is pushed by market place fundamentals or just speculation. The West Texas Intermediate contrac t for December bought off speedily Thursday, dropping nearly 5% for the day to settle at […]

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CDC expedites release of more doses of infant RSV drug from Sanofi, AstraZeneca amid shortage
Health

CDC expedites release of more doses of infant RSV drug from Sanofi, AstraZeneca amid shortage

A RSV-infected child receives treatment, as RS-Virus infections spread among children at Missio children’s clinic Moenchberg, in Wuerzburg, Germany, December 2, 2022.  Heiko Becker | Reuters The Centers for Disease Control and Prevention expedited the release of more than 77,000 additional doses of a new drug designed to protect infants from respiratory syncytial virus amid […]

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Goldman thinks oil is headed increased yet again and endorses an selections trade to revenue from the rebound
World

Goldman thinks oil is headed increased yet again and endorses an selections trade to revenue from the rebound

The recent pullback in crude has manufactured phone solutions on U.S. oil an interesting hedge in opposition to continued geopolitical and inflation challenges that could thrust charges greater, in accordance to Goldman Sachs. Goldman’s commodity strategists expect West Texas Intermediate prices to rise to $88 per barrel in six months, 16% increased than current forward […]

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Here’s what Wall Street is saying about obesity drug Wegovy following Novo Nordisk’s key study
Health

Here’s what Wall Street is saying about obesity drug Wegovy following Novo Nordisk’s key study

Analysts are largely optimistic about a new class of anti-obesity medications following a landmark study released over the weekend. Novo Nordisk ‘s Select study of about 17,500 people found the use of its Wegovy decreased the risk of serious cardiovascular complications such as heart attacks. The study, which was shared at the American Heart Association […]

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Pfizer wants in on the weight loss drug market – and upcoming data will be crucial for its success
Health

Pfizer wants in on the weight loss drug market – and upcoming data will be crucial for its success

CFOTO | Future Publishing | Getty Images As its Covid gains evaporate, Pfizer wants a chunk of the budding weight loss drug market.  Analysts say upcoming data on Pfizer’s experimental obesity pill, danuglipron, will be crucial in determining how competitive the company can be against the space’s dominant players Eli Lilly and Novo Nordisk. Those […]

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