Pfizer Inc
Moderna says new Covid vaccine was effective against Eris variant in early trial
Nikos Pekiaridis | Lightrocket | Getty Images Moderna’s new Covid vaccine generated a robust immune response against the now-dominant “Eris” variant and another rapidly spreading strain of the virus in an early clinical trial, the biotech company said Thursday. The updated shot is designed to target omicron subvariant XBB.1.5, but the results suggest that the […]
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As the new Eris Covid variant spreads across the world, here’s what we know so far
An illustrative image of a person holding a medical syringe and a vaccine vial in front of the Pfizer logo displayed on a screen. Nurphoto | Nurphoto | Getty Images The World Health Organization is monitoring a new strain of Covid-19 called EG.5, or “Eris,” that accounts for a growing share of cases in countries […]
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These 10 medications are likely targets for Medicare price negotiations this fall
Merck & Co. Inc. Januvia brand medication, used to treat type2 diabetes, sit on a pharmacy shelf in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Medicare is poised to directly negotiate drug prices with the pharmaceutical industry this fall for the first time in the program’s nearly six-decade history. The Centers for Medicare […]
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Pfizer limits distribution of some drugs from North Carolina plant damaged by tornado
The roof of a Pfizer facility shows heavy damage after a tornado passed the area in Rocky Mount, North Carolina, July 19, 2023. ABC Affiliate WTVD | via Reuters Pfizer is limiting the distribution of some drugs manufactured at its plant in Rocky Mount, North Carolina after the facility was struck by a tornado last […]
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Moderna shares rise on better Covid vaccine outlook despite sharp drop in sales
Artur Widak | Nurphoto | Getty Images Shares of Moderna rose Thursday after the biotech company hiked its full-year outlook for its Covid vaccine, its only marketable product, despite reporting a quarterly loss and sharp drop in revenue. Here are Moderna’s results: Loss per share: $3.62 (That may not be comparable to the $4.04 expected by […]
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GSK sues Pfizer in U.S. court for patent infringement over RSV vaccine
Jun Li | Istock | Getty Images GlaxoSmithKline on Wednesday sued Pfizer in U.S. court, alleging patent infringement over Britain-based GSK’s respiratory syncytial virus vaccine. GSK claims Pfizer’s RSV vaccine, Abrysvo, infringes on four of its patents related to the antigen used in its own shot. related investing news “Upon information and belief, Pfizer knowingly […]
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Stocks creating the biggest moves premarket: Uber, Gap, Caterpillar & much more
People stroll by a Gap retail shop on August 24, 2022 in Beijing, China. VCG | Getty Pictures Verify out the businesses producing headlines in advance of the bell on Tuesday. SoFi Systems — The money engineering stock dropped 3.7% just after KBW analyst Michael Perito downgraded the stock from underperform from sector carry out. […]
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Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal
Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its blockbuster cancer drug Keytruda and HPV vaccine Gardasil. The pharmaceutical giant posted a quarterly loss, however, due to charges associated with the company’s acquisition of Prometheus Biosciences earlier this year. related investing news Merck swung to a net loss of $5.98 […]
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Pfizer beats on earnings, but revenue misses as Covid product sales plummet
Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that fell short of estimates as Covid product sales plunged. Pfizer reported second-quarter sales of $12.73 billion, down 54% over the same period a year ago. Excluding sales of the company’s Covid vaccine […]
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Inventory futures are minimal adjusted as Wall Street’s busiest earnings 7 days carries on: Stay updates
Traders operate on the floor of the New York Inventory Exchange, July 12, 2023. Spencer Platt | Getty Visuals U.S. stock futures traded close to the flat line Monday night as traders await a flood of company earnings stories. Dow Jones Industrial Ordinary futures rose by 12 points, or .03%. Futures joined to the S&P […]
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