Biotechnology
Moderna’s 2Q earnings beat expectations, but it writes off $500 million in expiring Covid shots
Illustration of a vial of Moderna vaccine for coronavirus treatment. Marcos Del Mazo | Lightrocket | Getty Images Moderna on Wednesday reported second quarter results that beat earnings and revenue expectations driven $4.5 billion in sales from its Covid -19 vaccine, but it’s still the company’s only commercially available product and it took a big […]
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Biden names team to manage U.S. monkeypox response as outbreak grows
Duane Rinde, 57, an Oakland Park resident, receives the Monkeypox vaccine administered by nurse practitioner Joel Ramos at Latinos Salud in Wilton Manors, Florida on Wednesday, July 20, 2022. Al Diaz | Miami Herald | Tribune News Service | Getty Images President Joe Biden on Tuesday named a team of disaster management and health officials […]
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U.S. secures 171 million omicron Covid shots ahead of fall vaccination campaign
A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, U.S., on Wednesday, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images The Health and Human Services Department has secured 171 million doses of new Covid vaccines that target the omicron […]
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Despite concerns, ESG strategies may become a crowded trade for impact investors – so Vanguard is taking a different track
It’s a fund looking to make money from green investing. The inclusive, actively managed Vanguard Baillie Gifford Global Positive Impact Stock Fund (VBPIX) is an environmental, social and governance product that bundles companies with positive, inclusive and sustainable intentions. “It’s really a fund that’s going to be investing in global equities looking to deliver long-term […]
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Health secretary calls on Congress and states to do more to help contain monkeypox outbreak
People wait in line for the monkeypox vaccine at the Balboa Sports Center in the Encino neighborhood of Los Angeles, California, on July 27, 2022. Robyn Beck | AFP | Getty Images The U.S. health secretary on Thursday said the federal government needs Congress to help end the growing monkeypox outbreak and that states, cities […]
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Pfizer’s Covid vaccine and treatment drive second-quarter earnings beat
Coronavirus disease (COVID-19) treatment pill Paxlovid is seen in boxes, at Misericordia hospital in Grosseto, Italy, February 8, 2022. Jennifer Lorenzini | Reuters Pfizer’s second-quarter revenue and profit beat Wall Street expectations, driven by sales of its Covid-19 vaccine and its antiviral treatment Paxlovid. Pfizer’s revenue grew by 47% to $27.7 billion compared the same […]
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U.S. to release 786,000 additional monkeypox vaccine doses as outbreak spreads
The U.S. will make 786,000 additional monkeypox vaccine doses available to local health departments “as soon as possible” after the Food and Drug Administration approved the shots for distribution, the nation’s top health official said on Wednesday. Health and Human Services Secretary Xavier Becerra said the federal government will announce more allocations of the two-dose […]
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WHO recommends gay and bisexual men limit sexual partners to reduce the spread of monkeypox
People line up outside the Test Positive Aware Network nonprofit clinic to receive the monkeypox vaccine in Chicago, Illinois, July 25, 2022 Eric Cox | Reuters The World Health Organization on Wednesday recommended that gay and bisexual men limit their number of sexual partners to protect themselves from monkeypox and help slow transmission of the […]
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A new way to short Tesla: AXS Investments launches new single-stock ETFs
Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure of short-term single-stock investments. “They’re designed for active traders, traders that are looking to make tactical trading decisions on a daily basis,” the […]
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WHO declares rapidly spreading monkeypox outbreak a global health emergency
Pavlo Gonchar | Lightrocket | Getty Images The World Health Organization has activated its highest alert level for the growing monkeypox outbreak, declaring the virus a public health emergency of international concern. The rare designation means the WHO now views the outbreak as a significant enough threat to global health that a coordinated international response […]
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