Pharmaceuticals
We’re trimming a winner we still believe in to raise some cash and right-size our position
We do not want to be greedy like we were with our oil names. We do not want to make the same mistake twice. Source
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Moderna to build new vaccine facility in Britain
Jakub Porzycki | NurPhoto | Getty Images U.S. biotech firm Moderna will build a new research and manufacturing center in Britain to develop vaccines against new COVID-19 variants, other respiratory illnesses and help improve readiness for any future pandemics. The facility is expected to start producing shots in 2025 and Britain has made a commitment […]
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Florida is the only state that hasn’t ordered Covid vaccines for kids under 5
Parents walk their children on the first day of school, amid the coronavirus (COVID-19) pandemic, at West Tampa Elementary School in Tampa, Florida, U.S., August 10, 2021. Octavio Jones | Reuters Florida parents with kids under 5 years old may find themselves waiting longer than the rest of the country to get their youngest children vaccinated […]
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Goldman loves this ‘transformational’ sector — which is down over 50% in the past year
U.S. biotech is a hot pick for Goldman Sachs , which said the sector offers investors some “very attractive” entry points. Luke Barrs, head of fundamental equity, EMEA at Goldman Sachs Asset Management, told CNBC there is a “transformational change” happening in healthcare, particularly in genomic technology, a developing area of medicine that can personalize […]
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Dr. Anthony Fauci tests positive for Covid, is having mild symptoms
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, attends a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavirus disease (COVID-19) and new emerging variants at Capitol Hill in Washington, D.C., U.S. January 11, 2022. Greg Nash | Reuters Dr. Anthony Fauci, the […]
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Here are 5 Investing Club stocks in the news and our take on what’s happening
We break down five developments involving our stocks including Apple, Qualcomm and Eli Lilly. Source
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EU drugs watchdog launches rolling review of Pfizer-BioNTech’s Covid variant vaccine
A registered nurse prepares a dose of the Pfizer COVID-19 vaccine. Mario Tama | Getty Images The European Medicines Agency on Wednesday launched a rolling review of a variant-adapted Covid-19 vaccine developed by Pfizer and BioNTech, as cases of new sub-variants of the coronavirus’s Omicron lineage rise. When available, clinical trial data will be added […]
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We’re buying small in the market carnage, picking our lanes to put cash to work
The Club still thinks a broad-based selloff like Monday is creating a long-term opportunity in stocks with little to do with the concerns of the moment. Source
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Roche develops test kits to detect monkeypox virus
Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022. Dado Ruvic | Reuters Roche on Wednesday said the company and its unit have developed three test kits to detect the monkeypox virus, as the disease spreads in regions outside Africa, where the virus is not normally found. […]
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‘Pharma bro’ Martin Shkreli released from federal prison and into New York halfway house
Former pharmaceutical executive Martin Shkreli departs the U.S. District Court for the Eastern District of New York, August 3, 2017 in the Brooklyn borough of New York City. Getty Images Notorious “Pharma bro” fraudster Martin Shkreli was released from a federal prison in Pennsylvania on Wednesday and into a U.S. Bureau of Prisons halfway house […]
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