Negotiators Try to Complete Omnibus Spending Bill With Ukraine, Covid-19 Aid
WASHINGTON—House Democratic leaders said they plan to hold a vote Wednesday on a bill to fund the federal government for...
Pharmaceuticals
How the Covid-19 Test Was Won
GURNEE, Ill.—Inside a factory that is the size of five football fields, thousands of workers from Abbott Laboratories race to...
Moderna Beats Profit Estimates, Fueled by Covid-19 Vaccine Sales
Moderna Inc. posted better-than-expected profits for the last three months of 2021 as the company’s Covid-19 vaccine continued to power...
Sanofi, Glaxo Seek Covid-19 Vaccine Approval in Crowded Market
Sanofi SA and GlaxoSmithKline PLC said they would seek authorization for their Covid-19 vaccine, a sign that pharmaceutical companies still...
FDA Rejects Short Sellers’ Request to Halt Trials of Alzheimer’s Drug
The Food and Drug Administration has denied a petition by short sellers to halt clinical trials of an experimental Alzheimer’s...
Pfizer Forecasts $54 Billion in 2022 Sales From Its Covid-19 Vaccine, Treatment
As Pfizer Inc. PFE -2.84% forecasts strong sales this year for its Covid-19 vaccine and treatment, the drugmaker is on...
What CEOs Are Saying About Inflation: ‘The World Has Changed’
This is what some of the world’s corporate leaders said on their quarterly earnings calls this week about what they...
Biogen to Sell Biosimilar-Venture Stake to Partner Samsung Biologics
Biogen Inc. is selling its share in biosimilar joint venture Samsung Bioepis for at least $2.25 billion to partner Samsung...
Abbott’s Rapid Covid-19 Tests Boost Quarterly Sales Growth
Abbott Laboratories, ABT -2.53% one of America’s largest producers of rapid tests for Covid-19, said that testing-related sales were $2.3...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
Unilever Walks Away From Glaxo Consumer-Healthcare Deal
Unilever UL 7.73% PLC said it wouldn’t increase its $68 billion offer for GlaxoSmithKline GSK -2.41% PLC’s consumer-healthcare business, effectively...
Citigroup Sticks With Its Covid-19 Vaccine Mandate, While GE Drops Its Rules
Citigroup Inc. C -1.25% is sticking with its Covid-19 vaccine mandate for its U.S. workers. General Electric Co. GE 0.68%...
Unilever Makes Approach for Glaxo’s Consumer-Healthcare Business
LONDON— Unilever UL 1.14% PLC said it had approached GlaxoSmithKline GSK 0.91% PLC and Pfizer Inc. PFE -1.06% about an...
Medicare to Pay for Biogen’s New Alzheimer’s Drug in Clinical-Trial Patients
Medicare officials said they would cover Biogen Inc.’s BIIB 2.64% controversial Alzheimer’s disease drug Aduhelm on the condition that patients...
How Reliable Are Covid-19 Rapid Tests for Detecting Omicron?
The fast-spreading Omicron variant has made us increasingly reliant on at-home rapid antigen tests to tell us whether we have...
McKinsey’s Top Executive Wants to Change How the Firm Operates
Bob Sternfels took over as McKinsey & Co.’s global managing partner in July at a difficult moment for the consulting...
Purdue Pharma Authorized to Appeal Judge’s Rejection of Sackler Settlement Plan
A federal judge authorized Purdue Pharma LP and its Sackler family owners to appeal a ruling that threw out their...
Jury in Elizabeth Holmes Trial Seized on Two ‘Smoking Guns’ to Convict Theranos Founder, Juror Says
SAN JOSE, Calif.—In their second week of deliberations, jurors in the trial of Elizabeth Holmes seized on what one juror...
CDC Recommends First Covid-19 Boosters for 12- to 15-Year-Olds
The Centers for Disease Control and Prevention recommended Covid-19 boosters for 12- to 15-year-olds, making the doses available to the...
Walmart, Kroger Raise Prices of Covid-19 Test Kits
Prices are going up for some of the cheapest and most popular at-home Covid-19 test kits in the U.S. Walmart...
