In a deal valued at potentially over $40 billion, rumors surfaced that Biogen may be acquired by Samsung. Shares of the U.S. based drug maker soared 8.9% in afternoon trading on Wednesday after the Korea Economic Daily reported that Biogen is in talks to be acquired by South Korea-based conglomerate Samsung Group. Citing investment banking … Continue reading “Biogen Shares Explode on Talks that Company is to be Bought by Samsung”
Biotech & Pharma
Biotech & Pharma
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…
December 24, 2021
Biotech & Pharma
Sanofi to Acquire Amunix Pharmaceuticals Inc.
Sanofi saw slight gains yesterday after the company announced big news that it would be…
December 22, 2021
Biotech & Pharma
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…
December 16, 2021
Biotech & Pharma
Pfizer Agrees to Buy Arena Pharmaceuticals for $6.7B
Pharmaceutical giant Pfizer Inc. has agreed this week to acquire Arena Pharmaceuticals Inc. in a…
December 13, 2021
Biotech & Pharma
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…
December 9, 2021
Biotech & Pharma
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…
November 29, 2021
Biotech & Pharma
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…
November 25, 2021
Biotech & Pharma
Johnson & Johnson to Split Company into Two
Wall Street learned this week that pharma giant Johnson & Johnson will be splitting into…
November 12, 2021
Biotech & Pharma
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…
October 29, 2021
Biotech & Pharma
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…
October 19, 2021
Biotech & Pharma
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…
October 15, 2021
Biotech & Pharma
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.…
October 7, 2021
Biotech & Pharma
Johnson & Johnson Will Seek FDA Authorization for a Booster Shot
According to a NY Times report, Johnson & Johnson will be seeking U.S. FDA authorization…
October 4, 2021