Pharmaceuticals
Biden to announce new aid for U.S. biotech manufacturing
US President Joe Biden speaks with reporters before boarding Air Drive 1 from Andrews Air Force Foundation in Maryland on September 12, 2022. – Biden is travelling to Boston to supply remarks on his Bipartisan Infrastructure Law, as perfectly as the Cancer Moonshot. Mandel Ngan | AFP | Getty Pictures President Joe Biden is launching […]
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Why Plan B’s labeling could limit women’s access to the pill in states where abortion is banned
Since the Supreme Court in June overturned Roe v. Wade, the court case that gave Americans the right to an abortion, more women are turning to Plan B, the nation’s most recognized morning-after pill. Although it’s available over the counter, Plan B is not always accessible. At an average price of $40-$50, it’s too expensive […]
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Novartis to spin off Sandoz, checklist it in Zurich
Completion was envisioned in the 2nd 50 percent of subsequent 12 months, the Swiss pharma team said. Arnd Wiegmann | Reuters Novartis reported on Thursday it would spin off Sandoz and list it on the Swiss inventory exchange to generate the No.1 European generics enterprise. “For equally the impressive medicines and Sandoz companies, the spin-off […]
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FDA plans to authorize bivalent boosters by Labor Day, sources say
In this photo illustration, vials and a medical syringe seen in front of the Food and Drug Administration (FDA) of the United States and Pfizer Pharmaceutical company logos. FDA approves Pfizer/BioNTech the COVID-19 coronavirus vaccine for emergency use in the US, reportedly by media. Pavlo Gonchar | AP The Food and Drug Administration plans to […]
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‘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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