This week pharma giant Moderna revealed that it has reached a preliminary agreement to build a Covid vaccine manufacturing plant in Africa. The company is aiming to invest $500 million to produce messenger RNA, the technology underlying its Covid vaccines, at the facility in Kenya. According to Moderna, it could fill Covid vaccine doses at … Continue reading “Moderna is Planning to Build a Covid Vaccine Manufacturing Plant in Africa”
Biotech & Pharma
Biogen Gets Analyst Upgrade and Announces Layoffs
Shares of biotech company Biogen were moving higher on Thursday after the company received an…
FDA Plan to Fast-track Pfizer’s COVID Vaccine Gets Delayed
Pfizer director Dr. Scott Gottlieb said to CNBC this week that vaccines for children under…
The FDA Could Authorize Pfizer’s Covid Vaccine for Kids Under 5 Soon
White House chief medical advisor Dr. Anthony Fauci announced this week that children under the…
Biogen Shares Fall as Medicare Proposal Restricts Alzheimer’s Treatment Coverage
Shares of Biogen were falling this week after the U.S. Medicare program's proposal to severely…
FDA Expands Pfizer’s Booster Shot Elegibility to Kids Ages 12 to 15
As Covid-19 continues to make waves, many people are lining up to get their booster…
Teva Pharmaceuticals Found Guilty for Contributing to Opioid Crisis
Israeli drugmaker Teva Pharmaceuticals has been found guilty for its contribution to the opioid crisis…
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…
