Shares of Illumina Inc. ILMN, +14.70% were up about 8% in premarket trading on Monday after the Wall Street Journal reported Sunday that Carl Icahn is planning a proxy fight. The billionaire activist ...
Tag: Biotechnology
Pfizer to purchase Seagen in $43 billion all-cash deal, cancer biotech’s stock pops 20%
Pfizer Inc. PFE, -0.18% plans to acquire cancer biotechnology company Seagen Inc. SGEN, -0.59% in a deal with a $43 billion enterprise value, the companies announced Monday morning. Pfizer intends to ...
Sanofi to buy Provention Bio in deal worth $2.9 billion
French pharmaceutical group Sanofi said Monday that it will buy Provention Bio, Inc., a U.S.-based biopharmaceutical company focused on autoimmune diseases, for $25 per share in cash, in a deal with a...
Sarepta stock surges more than 10% as results top expectations, drug given priority review
Sarepta Therapeutics Inc. SRPT shares rallied in the extended session Tuesday after the biotech drug maker topped Wall Street expectations, and said U.S. regulators granted a priority review status fo...
For Nvidia Stock, It’s Game On!
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Sellas Life Sciences raises $20 million from public offering of stock, warrants
Sellas Life Sciences Group Inc. SLS, -53.25% said Friday that it raised $20.0 million, through the public sale of common shares and warrants to buy stock. Shares of the biopharmaceutical company, whic...
Cingulate stock skyrockets after ADHD treatment shows positive trial results
Shares of Cingulate Inc. CING, +51.30% skyrocketed 82.9% toward an 11-month high in active premarket trading Friday, after the biopharmaceutical company reported positive results from a trial of its a...
Senators urge Medicare to cover Alzheimer’s treatments
U.S. senators on Friday called for Medicare to offer broad coverage of Alzheimer’s treatments approved by the Food and Drug Administration, warning that current restrictions cost patients precio...
Maker of Alzheimer drug Leqembi expects FDA’s full approval this summer
Tek Image/science Photo Library | Science Photo Library | Getty Images Japanese drugmaker Eisai expects the Food and Drug Administration to fully approve its Alzheimer’s treatment Leqembi this s...
Biden says three recently downed aerial objects were not linked to Chinese spy program
WASHINGTON — U.S. President Joe Biden said Thursday that three unmanned aerial objects shot down over the weekend by the U.S. military were “most likely tied to private companies, recreation or ...
Opioid overdose treatment Narcan recommended by FDA advisors for over-the-counter use
The Food and Drug Administration’s independent advisors on Wednesday unanimously recommended over-the-counter use of the nasal spray Narcan to reverse opioid overdoses, which would significantly...
Moderna CEO Bancel will testify before Senate on Covid vaccine price hike
Moderna CEO Stephane Bancel will testify before the Senate health committee in March over the company’s plans to hike the price of its Covid-19 vaccine. Sen. Bernie Sanders, chair of the health ...
Biden outlines plans to cut U.S. deficit by $2 trillion over the next decade
(The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) U.S. President Joe Biden is in Lanham, Maryland today where he will speak to the ...
The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing
The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...
Axsome’s stock falls after disclosing Teva’s plans to market generic Auvelity
Shares of Axsome Therapeutics Inc. AXSM, +0.49% tumbled about 10.0% in premarket trading on Monday after the company said in a securities filing that Teva Pharmaceutical Industries Ltd. TEVA, +0.34% i...
States says pulling FDA approval would be ‘devastating’
The attorneys general from 21 states and Washington, D.C., on Friday argued that the attempt to pull the abortion pill from the U.S. market would have “devastating consequences” for women....
The Covid emergency in the U.S. ends May 11. HHS officials say here’s what to expect
People walk past a COVID-19 walk up testing site on July 28, 2022 in New York City. Liao Pan | China News Service | Getty Images The Health and Human Services Department on Thursday laid out what will...
Senate holds first hearing on the suspected Chinese spy balloon
(The stream is slated to start at 10:15 a.m. ET. Please refresh the page if you do not see a video above at that time.) The Senate on Thursday is holding its first hearing on the Chinese spy balloon t...
Senate Foreign Affairs Committee holds a hearing on U.S.-China policy
The Senate Foreign Relations Committee is holding a hearing titled “Evaluating U.S.-China Policy in the Era of Extreme Competition.” The hearing comes two days after President Joe Biden hi...
Biden proposal to cap all insulin prices at $35 a month has little chance of passing Congress
President Joe Biden delivers the State of the Union address to a joint session of Congress on Feb. 7, 2023 Pool | Getty Images President Joe Biden used the bully pulpit during the State of the Union a...
23andMe stock jumps more than 12% on raised 2023 guidance
Shares of 23andMe Holding Co. ME, -0.40% rallied more than 12% in the extended session Wednesday after the genetics company raised guidance for 2023. 23andMe lost $92 million, or 20 cents a share, in ...
U.S. House Speaker Kevin McCarthy speaks on the debt ceiling
(The stream is slated to start at 5:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) House Speaker Kevin McCarthy will deliver an address Monday on the debt ceiling. ...
Hispanic dialysis patients face 40% higher risk of staph infection than whites, CDC says
A COVID-19 patient using a ventilator rests while his blood goes through a kidney dialysis machine (L) on the Intensive Care Unit (ICU) floor at the Veterans Affairs Medical Center on April 21, 2020 i...
FDA clearance of Covid shots and treatments won’t slow with end of public health emergency
Vials and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States logo. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images The ...
Google’s ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep investments
On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. Tas...
Pfizer (PFE) Q4 earnings 2022
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garri...
Obamacare special enrollment for people who lose Medicaid
An Obamacare sign is seen outside of the Leading Insurance Agency, which offers plans under the Affordable Care Act (also known as Obamacare) on January 28, 2021 in Miami, Florida. Joe Raedle | Getty ...
Nearing retirement? Here’s how to shift your portfolio from growth to income.
Over the decades, perhaps you’ve been very good at saving your money and investing it for long-term growth. But when the time comes for you to stop working or to step back to a part-time job, you migh...