The size of the text (Photo by Andre Yates via Getty Images / AFP) Getty Images AstraZeneca Have purchased Alexian Pharmaceuticals One of the largest drug mergers of the year was 39 billion dollars for cash and stock or 175 million dollars. Alexian (Ticker: ALXN) shareholders will receive 60 cash …
Read More »Pfizer’s Covid-19 vaccine could be authorized by October, analysts say
Text size Jeenah Moon / Getty Images Pfizer hopes to get emergency food authorization from the Food and Drug Administration for its Covid-19 vaccine, produced in collaboration with BioNTech, in October – a timeline that is possible, and not the only positive for the biotech industry, according to a Mizuho …
Read More »Potential Gilead blockbusters rejected by FDA. Why that’s the ‘Near-Worst-Case Scenario’ for Gilead Stock.
Text size The Food and Drug Administration on Tuesday rejected Gilead Science’s application for a will-be blockbuster arthritis medicine, blind investors. One analyst called the development a ‘near-worst-case scenario’ and a ‘shock’. Dreamstime The Food and Drug Administration’s decision to deny Gilead Science’s application for a wild medicine for blockbuster …
Read More »AbbVie Shares Rise Strong in Second Quarter, Although Cosmetic Botox Sales Dropped 43%
Shares of AbbVie Inc. ABBV, -1.98% They rose 1.9% in premarket trading on Thursday after the drug maker beat expectations for the quarter. The company had a loss of $ 739 million, or 46 cents a share, in the second quarter of 2020. It reported a profit of $ 807 …
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