Biotech and Pharmaceuticals
Pfizer to price Covid drug Paxlovid at $1,390 per course
Paxlovid, Pfizer’s antiviral medication to treat the coronavirus disease, is displayed in this picture taken on Oct. 7, 2022. Wolfgang Rattay | Reuters Pfizer will price a five-day course of its Covid antiviral drug Paxlovid at $1,390 when the company starts to transition it to the commercial market later this year. A company spokesperson on […]
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GLP-1 pounds reduction medicine are making prospects for these 2 stocks, investment advisor claims
GP1-1 (glucagon-like peptide-1) medicines, initially made as a therapy for diabetic issues, are shaking up some sectors. Developments encompassing the prescription drugs, also commonly made use of for fat decline, have been disrupting anything at all from owners of dialysis facilities to bariatric medical procedures providers and the foodstuff marketplace. But just one financial investment […]
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Johnson & Johnson beats on earnings and hikes outlook as medtech, pharmaceutical sales surge
An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Tuesday reported adjusted earnings and revenue that topped Wall Street’s expectations, driven by a surge in sales in the company’s medical devices and pharmaceutical business divisions. […]
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‘Miracle drug’ euphoria: Specialists warn widespread use of fat decline medicine faces main hurdles
Two gurus see key difficulties facing the adoption of new being overweight medicine. Dr. Kavita Patel, a physician and NBC News health-related contributor, thinks new knowledge from Novo Nordisk on Ozempic’s means to hold off the development of long-term kidney disease is among the strongest supporting proof for secondary uses of the drug. On the […]
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Pfizer slashes full-year earnings and revenue guidance as Covid treatment, vaccine sales slump
Pfizer CEO Albert Bourla talks during a press conference with the president of the European Commission after a visit to oversee the production of the Pfizer-BioNTech Covid-19 vaccine at the factory of U.S. pharmaceutical company Pfizer, in Puurs, Belgium, April 23, 2021. John Thys | AFP | Getty Images Pfizer slashed its full-year earnings and […]
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Pharmacy staff from Walgreens, other chains could stage nationwide walkout and rallies in coming weeks
A woman walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Pharmacy staff from Walgreens are laying the groundwork for a nationwide walkout and multiple rallies at the end of October to protest unsatisfactory working conditions, and are in talks with employees from […]
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Novo Nordisk hikes outlook on soaring demand for Wegovy, Ozempic
An Ozempic (semaglutide) injection pen is seen on a kitchen table in Riga, Latvia on 06 August, 2023. Jaap Arriens | Nurphoto | Getty Images Novo Nordisk on Friday raised its outlook for its full-year sales and operating profit due to soaring demand for its blockbuster weight loss drug Wegovy and diabetes treatment Ozempic. The […]
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Incoming Walgreens CEO doesn’t mention walkouts as he praises pharmacy staff
Tim Wentworth, CEO of Express Scripts. David A. Grogan | CNBC Incoming Walgreens CEO Tim Wentworth on Thursday briefly praised the company’s pharmacy staff, but made no mention of the three-day protest walkouts they held this week over poor working conditions. The walkouts reflect rising dissatisfaction among pharmacy employees, who have complained for years about […]
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Walgreens profit outlook comes up short as demand declines for Covid vaccines and tests
A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens on Thursday offered soft profit guidance and reported fiscal fourth-quarter earnings that fell short of expectations, as demand for Covid vaccines and tests sinks in the U.S. The retail pharmacy giant […]
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‘Waiting with bated breath’: Health clinics anxious for Covid vaccines weeks after rollout
A banner for vaccines is seen at a pharmacy on September 01, 2023 in the Flatbush neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty Images Weeks after the approval of updated Covid vaccines, community health centers across the country say they are still waiting on their doses to arrive. The delays […]
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