Israeli drugmaker Teva Pharmaceuticals has been found guilty for its contribution to the opioid crisis according to a ruling this week. A New York jury ruled on Thursday, in one of a few verdicts, that the company had contributed to the crisis nationwide over the painkillers. Teva makes medications using the powerful opioid fentanyl. A … Continue reading “Teva Pharmaceuticals Found Guilty for Contributing to Opioid Crisis”
Biotech & Pharma
Biogen Shares Explode on Talks that Company is to be Bought by Samsung
In a deal valued at potentially over $40 billion, rumors surfaced that Biogen may be…
The FDA Has Cleared the Second At-Home Covid Treatment
It was a good week for Merck as the Food and Drug Administration (FDA) has…
Sanofi to Acquire Amunix Pharmaceuticals Inc.
Sanofi saw slight gains yesterday after the company announced big news that it would be…
CDC Recommends Pfizer and Modern Vaccines Over J&J For This Reason
The Centers for Disease Control and Prevention (CDC) has recommended that people choose the Pfizer…
Pfizer Agrees to Buy Arena Pharmaceuticals for $6.7B
Pharmaceutical giant Pfizer Inc. has agreed this week to acquire Arena Pharmaceuticals Inc. in a…
AstraZeneca’s Covid Antibody Treatment Gets FDA Clearance for the Immunocompromised
This week the Food and Drug Administration (FDA) has given the green light to AstraZeneca's…
Moderna Shares Explode After Announcing Omicron Vaccine Will Be Ready Early 2022
Moderna Inc. had its best two day really in a year after revealing that a…
Pfizer is Suing an Employee Who Allegedly Stole Covid-19 Vaccine Secrets
Pharmaceutical giant Pfizer is suing a departing employee who the company believes has stolen Covid-19…
Johnson & Johnson to Split Company into Two
Wall Street learned this week that pharma giant Johnson & Johnson will be splitting into…
Merck Shares Rise as Covid Antiviral Sales Could Mean Billions for the Company
Merck & Co. saw its shares rise on Thursday by over 5% as the company's…
CDC Study Finds that Pfizer Covid Vaccine is 93% Effective Against Hospitalization for This Group
According to a new CDC study, which followed 464 Covid patients ages 12 to 18…
FDA Now Recommends Moderna Covid Booster for At-risk Adults
This week a key Food and Drug Administration committee has unanimously recommended giving booster shots…
Pfizer Has Requested the FDA to Authorize Covid Vaccine for Kids 5-11
Parents are getting more and more anxious about their young children being in school unvaccinated.…