Pharmaceuticals

Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week

HS 29/10/2022

Pfizer Inc., PFE 3.69% Uber UBER -1.15% Technologies Inc. and Starbucks Corp. SBUX 2.13% are among the heavyweights headlining another...

Biotech Co-Founder, Facing Murder-for-Hire Charges, Accused of Fabricating Data

HS 25/10/2022

Enochian BioSciences Inc. has sued co-founder Serhat Gumrukcu for contractual fraud, alleging that it paid him and his husband $25...

Drugmakers Look to Limit Medicare’s New Power to Negotiate Lower Drug Prices

HS 20/10/2022

Drugmakers are trying to blunt Medicare’s newfound power to negotiate medicine prices while coping with internal industry disputes and ebbing...

Abbott Names New Leadership at Troubled Baby-Formula Plant

HS 20/10/2022

Abbott Laboratories has made leadership changes at its major baby-formula manufacturing plant and in its quality organization, following a temporary...

Walgreens Quarterly Sales Fall on Fewer Prescriptions, Covid-19 Vaccinations

HS 14/10/2022

Walgreens Boots Alliance Inc. WBA 5.35% said it is counting on its burgeoning healthcare business to fuel profit growth in...

Pfizer’s New Omicron-Targeting Booster Produces Strong Immune Response

HS 13/10/2022

The retooled Covid-19 booster from Pfizer Inc. and BioNTech SE generated a strong immune response against the Omicron substrains BA.4...

Bayer Hits Courtroom Winning Streak as It Battles Remaining Roundup Lawsuits

HS 05/10/2022

Bayer AG BAYRY 3.28% is on a winning streak as it battles the remaining cases targeting its Roundup weedkiller, a...

Walgreens Turns to Prescription-Filling Robots to Free Up Pharmacists

HS 03/10/2022

Walgreens WBA 1.56% Boots Alliance Inc. is turning to robots to ease workloads at drugstores as it grapples with a...

Amylyx Prices Newly Approved ALS Drug at $12,500 a Month

HS 30/09/2022

The drug, called Relyvrio, was approved by the Food and Drug Administration late Thursday after some staff had raised questions...

Alzheimer’s Drug Slows Disease Progression in Trial

HS 28/09/2022

The pharmaceutical companies said their drug lecanemab reduced cognitive and functional decline by 27%, compared with a placebo, over 18...

Biogen Agrees to Pay $900 Million Over Alleged Improper Physician Payments

HS 27/09/2022

Biogen Inc. agreed to pay $900 million to settle allegations that it paid kickbacks to doctors to induce them to...

Unilever CEO to Retire Next Year After Rocky Tenure

HS 26/09/2022

LONDON— Unilever UL 1.03% PLC said Chief Executive Officer Alan Jope plans to retire at the end of next year,...

Covid-19 Vaccine Rollout Carries Lessons for Pharma Supply Chains, Says Pfizer Executive

HS 24/09/2022

The concentrated effort to develop, manufacture and distribute vaccines as the Covid-19 pandemic began to rage across the world highlighted...

Abbott Faces Competition From Heart Valve Device Cleared by FDA

HS 17/09/2022

A new heart valve repair device from Edwards Lifesciences Corp. was as effective as the market-leading device from Abbott Laboratories...

Marijuana Retail Licenses in New York Are Going First to Those Convicted of Drug Crimes

HS 17/09/2022

New York regulators want people who were affected by marijuana criminalization to get the first licenses to sell recreational pot...

WSJ News Exclusive | DEA Investigating ADHD Telehealth Provider Done

HS 16/09/2022

U.S. Drug Enforcement Administration agents have questioned people about telehealth company Done Global Inc.’s practices for prescribing controlled substances, according...