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Healthy Returns: From Eli Lilly to Amazon, here are the latest health-care deals
A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Good afternoon from San Francisco! This week, Ashley and I are attending the annual JPMorgan Health Care Conference – the largest gathering of biotech and pharma execs, […]
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Healthy Returns: The FDA approved fewer new drugs in 2024 — but some big ones hit the market
Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, August 29, 2020. Andrew Kelly | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. The U.S. Food and […]
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Stocks making the biggest moves midday: Intel, Biohaven, Nvidia and more
Check out the companies making headlines in midday trading: Intel — The struggling chip stock bounced into year-end, rising close to 1.2% in midday trading. Intel has plunged more than 60% in 2024, making the stock poised to see its worst year on record and be the second-worst performer in the S & P 500 […]
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Stocks making the biggest moves premarket: MicroStrategy, VeriSign, Sangamo Therapeutics and more
Check out the companies making headlines before the bell. Crypto stocks – Stocks tied to the price of bitcoin gained as the cryptocurrency inched higher on Tuesday. Bitcoin proxy MicroStrategy advanced nearly 5%, while crypto services provider Coinbase rose more than 2%. Miners Mara Holdings and Riot Platforms also each moved more than 2% higher. […]
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Ford donates $1 million and fleet of vehicles to Trump’s inauguration
Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, China-based Contemporary Amperex Technology, to create an electric vehicle battery plant in Marshall, Michigan, on Feb. 13, 2023, in Romulus, Michigan. Bill Pugliano | Getty Images Ford Motor […]
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Merck to develop weight loss pill from Chinese drugmaker in up to $2 billion licensing deal
Exterior view of the entrance to Merck headquarters on February 05, 2024 in Rahway, New Jersey. Spencer Platt | Getty Images Merck on Wednesday said it has snagged the rights to an experimental weight loss pill from Chinese drugmaker Hansoh Pharma, in a deal worth up to $2 billion. The oral drug has not yet […]
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Stocks making the biggest moves midday: Pfizer, Broadcom, Teva Pharmaceuticals and more
Check out the companies making headlines in midday trading: Teva Pharmaceuticals , Sanofi — Shares of Teva Pharmaceuticals and Sanofi rose more than 23% and 6%, respectively, after the companies announced positive Phase 2b results for duvakitug, their joint treatment of moderate to severe inflammatory bowel disease. Pfizer — Shares traded around 4% higher on […]
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Stocks making the biggest moves premarket: Pfizer, Tesla, SolarEdge, Red Cat and more
Check out the companies making headlines in premarket trading. Pfizer — The drugmaker’s stock climbed more than 2% in premarket trading after the company released 2025 forecast that met Wall Street expectations . Pfizer said it expects revenue between $61 billion and $64 billion next year, compared with a consensus estimate of $63.2 billion, per FactSet. Red […]
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Executives seek more protection after killing of UnitedHealthcare CEO Thompson, says risk management firm Kroll
Chief executives and other high-level corporate officers are seeking additional security protection after the brazen slaying of UnitedHealthcare’s chief executive officer in New York, according to a top risk management firm. “We had CEOs and other executive level and board members reaching out to us all throughout yesterday and today to increase their own executive […]
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