Biotech and Pharmaceuticals
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
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
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
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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Lilly trades at a premium to Ozempic-maker Novo as obesity drugs boom. Here’s why, analyst says
Does Eli Lilly deserve to trade at a premium to Novo Nordisk shares? For Deutsche Bank analyst James Shin, the answer is: “yes, but not to this degree.” Shin initiated coverage of a host of pharmaceutical stocks, including Eli Lilly, on Wednesday. The analyst said he is worried Lilly’s valuation is “grating against fundamentals,” as […]
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FDA approves Eli Lilly’s tirzepatide for weight loss, paving way for wider use of blockbuster drug
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, on March 29, 2023. George Frey | Reuters The Food and Drug Administration on Wednesday approved Eli Lilly‘s blockbuster drug tirzepatide for weight loss, paving the way for […]
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Why oil is down considering that the Hamas-Israel conflict started out and whether or not that can very last
Oil charges have fallen to 3 thirty day period lows as world-wide electricity marketplaces largely dismiss fears of a close to-expression chance that the Israel-Hamas war could escalate into broader regional conflict that causes a key disruption to crude source. Brent crude futures and West Texas Intermediate slid to their lowest concentrations considering that July […]
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Pharmacy walkout organizers help launch national push to unionize pharmacists, technicians
A small number of employees and supporters picket outside the headquarters of drugstore chain Walgreens during a three-day walkout by pharmacists in Deerfield, Illinois, November 1, 2023. Vincent Alban | Reuters The organizers of a recent retail pharmacy staff walkout are helping to launch a national push to organize those employees on Wednesday, a potential […]
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U.S. crude oil prices slide down below $78 a barrel to their cheapest because July
An oil pumpjack pulls oil from the Permian Basin oil area in Odessa, Texas, on March 14, 2022. Joe Raedle | Getty Images Information | Getty Visuals U.S. crude price ranges on Tuesday fellow below $78 a barrel to hit the cheapest place given that July as weak world financial info overshadowed concerns that the […]
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French prosecutors investigating Sanofi over probable marketplace manipulation
A brand on the Sanofi exhibition area at the Viva Technological know-how meeting focused to innovation and startups at Porte de Versailles exhibition centre in Paris, France June 15, 2022. Benoit Tessier | Reuters French prosecutors have opened a preliminary investigation into multinational pharmaceutical corporation Sanofi above achievable marketplace manipulation. A judicial source verified to […]
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