Gilead Sciences on Monday applied for approval from the U.S. Food and Drug Administration for its COVID-19 treatment, remdesivir. The biotech company also said the antiviral drug will go by the Veklury brand name in the US “Submitting today is a major milestone as we continue to work with the …
Read More »Amazon, Apple, Boeing, Starbucks, Visa and other actions to see this week
Text size It is the busiest week of the second quarter earnings season, with 171 S&P 500 companies slated to report. Things start slowly on Monday, before 3M, Advanced Micro Devices, eBay, McDonald’s, Pfizer, Starbucks and Visa reported on Tuesday. On Wednesday, Boeing, Facebook, General Electric, PayPal Holdings, Qualcomm and …
Read More »How much will drug manufacturers charge for Covid-19 vaccines? Questions about prices arise.
Covid-19 vaccines are poised to become big business. Its potential to generate staggering revenue has already added billions of dollars to the market value of drug makers like Pfizer and Moderna. . That promise is also drawing scrutiny in Washington. Rising prescription drug costs are one of the few problems …
Read More »FDA approves Gilead’s second CAR-T cancer therapy
The Food and Drug Administration has approved an advanced treatment for mantle cell lymphoma, a rare type of cancer that affects white blood cells. The one-time therapy, done by Gilead Sciences, is marked as Tecartus. Because it is important: This is the third federal approval for a CAR-T therapy, a …
Read More »Manufacturers of Covid-19 vaccines could be heroes. But not if the price is too high
Covid-19 vaccines are poised to become big business. Its potential to generate staggering revenue has already added billions of dollars to the market value of drug makers like Pfizer and Moderna.. That promise is also drawing scrutiny in Washington. Rising prescription drug costs are one of the few problems where …
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