Pharmaceuticals
‘Window of opportunity’ to stop monkeypox spread could be closing as vaccine rollouts stall
There are growing concerns that a monkeypox vaccination drive could be stalled amid a shortage of supply. Xinhua News Agency | Getty Images Concerns are mounting that the window of opportunity for containing the escalating monkeypox outbreak may be closing, with vaccine shortages leaving some at-risk groups waiting weeks to get jabbed. Health professionals have […]
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Pharmacies must pay $650.6 million to Ohio counties in opioid case
A customer views merchandise for sale at a Walgreens store in the Hollywood neighborhood of Los Angeles. Christopher Lee | Bloomberg | Getty Images Pharmacy operators CVS, Walmart and Walgreens must pay a combined $650.6 million to two Ohio counties to address the damage done by the opioid epidemic, a federal judge ruled on Wednesday. The order […]
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Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate
After more than a year of debate over costs, taxes, tax credits and regulations, President Joe Biden finally signed his sweeping tax, health and climate bill into law — albeit a significantly reduced version of the $1.75 trillion Build Back Better plan he was pushing for last year. The president signed the newly renamed Inflation Reduction […]
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We’re using a pullback in one of our drug stocks to buy more shares
While mindful of a liability risk, we continue to believe this company’s exposure will be minimal, if anything. Source
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Pharma stocks crater as investors brace for billions in heartburn drug litigation charges
Shares of GlaxoSmithKline, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. litigation charges focused on popular heartburn drug Zantac. This has been a known issue bumbling in the background for years but investor concern exploded this week in the lead-up to […]
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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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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 to convene second emergency meeting to decide if monkeypox is a global health threat as cases rise to 9,200
Health officer uses a thermal head to detect a monkeypox virus on arriving passengers at Soekarno-Hatta International Airport in Tangerang near Jakarta, Indonesia on May 15, 2019. Jepayona Delita | Future Publishing | Getty Images The World Health Organization said Tuesday that it will convene a second emergency meeting next week to decide if monkeypox […]
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Perrigo unit asks FDA to approve first ever over-the-counter birth control pill
A pharmacist holds the compound PiDaNa of the company HRA Pharma in Hamburg, Germany. Daniel Reinhardt | Picture Alliance | Getty Images Perrigo Company said on Monday its unit HRA Pharma has asked the U.S. Food and Drug Administration to approve a daily birth control pill for over-the-counter sale, the first such request for this […]
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Lesions, headaches, debilitating pain: Gay men with monkeypox share their stories
Computer generated image of multiple monkeypox viruses. Uma Shankar Sharma | Moment | Getty Images Even as Covid-19 restrictions have loosened, for many gay men, an uninvited guest called monkeypox has threatened to spoil long-anticipated festivities. Of the 6,924 confirmed monkeypox cases in the global outbreak, the vast majority have occurred among gay, bisexual and other men […]
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