Pharmaceuticals
Moderna says updated Covid vaccine was effective against highly mutated BA.2.86 variant in trial
Artur Widak | Nurphoto | Getty Images Moderna‘s new Covid vaccine produced a strong immune response against BA.2.86, a highly mutated omicron variant that health officials are watching closely, according to clinical trial data the biotech company released Wednesday. The updated shot produced an 8.7-fold increase in protective antibodies against BA.2.86, which has been detected […]
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The FTC cleared Amgen’s $27.8 billion Horizon buyout — here’s what it means for other massive pharma deals
Robert Galbraith | Reuters The Federal Trade Commission last week allowed Amgen to move forward with its $27.8 billion acquisition of Horizon Therapeutics under a settlement agreement – a move that could have ramifications for a string of other pharmaceutical industry buyouts. Some Wall Street analysts said the FTC’s decision allows the sector to breathe […]
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Illumina names new CEO months after Icahn proxy fight over Grail deal
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, Sept. 1, 2021. Mike Blake | Reuters Illumina‘s board on Tuesday named Jacob Thaysen the DNA sequencing company’s new CEO as it tries to rebound from a grinding dispute over its acquisition of cancer test developer Grail. Thaysen, […]
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Can you use expired Covid tests? What to know as cases rise, new variants emerge
In this photo illustration, Abbott’s at-home covid-19 rapid test kits are seen on display in Orlando. Paul Hennessy | LightRocket | Getty Images As Covid cases surge again in the U.S., Americans are digging out unused at-home tests that they stashed earlier on in the pandemic. Many of those tests may have passed their expiration […]
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Novo Nordisk’s Wegovy weight loss drug launches in the Uk
Offers of the weight-loss drug Wegovy from the pharmaceutical business Novo Nordisk lie on the income counter in a Danish pharmacy. Stefan Trumpf | Photo Alliance | Getty Photographs Novo Nordisk introduced its Wegovy pounds decline injection in the U.K. on Monday, advancing the drug’s rollout in Europe regardless of ongoing source constraints. The Danish […]
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When to wear masks as Covid cases rise, new variants emerge in the U.S.
Michael Nason, 29, left, and Donna Nason, 25, right, both of Bakersfield are wearing a face mask in Union Station on Thursday, Aug. 31, 2023, in Los Angeles, CA. COVID-19 making a comeback in California. Francine Orr | Los Angeles Times | Getty Images An uptick in Covid cases and hospitalizations in the U.S., and […]
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FTC allows Amgen to move forward with $27.8 billion Horizon Therapeutics acquisition
The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California. Mario Tama | Getty Images The Federal Trade Commission on Friday said it has reached a deal with drug giant Amgen to allow the company’s $27.8 billion purchase of Horizon Therapeutics to move forward. The FTC filed a lawsuit […]
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Weight loss drugmaker Novo Nordisk vies to come to be Europe’s most valuable enterprise, toppling LVMH
Denmark’s Novo Nordisk on Friday briefly overtook French luxurious merchandise behemoth LVMH to turn into Europe’s most precious corporation as traders wager on the opportunity of its pounds decline drugs. Novo Nordisk’s sector capitalization was $421 billion like unlisted stock at 9:43 a.m. London time, according to Refinitiv information cited by Reuters, vs . LVMH’s […]
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Ozempic could be the next target of Medicare drug price negotiations – here’s why
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, U.S. March 29, 2023. George Frey | Reuters Ozempic, the blockbuster diabetes treatment from Novo Nordisk, could be next in line for price negotiations between manufacturers and Medicare. […]
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HHS calls for easing restrictions on marijuana, sending cannabis stocks higher
James Romano trims flower while working in CommCans processing facility in Medway, MA on Oct. 27, 2021. Beneath the trimmed flower is a tray collecting shake, cannabis flower that has naturally broken down through handling. Shake can be used in CommCans pre-rolled joints or made into edibles. Erin Clark | Boston Globe | Getty Images […]
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