Text size Axsome is reviewing the proposed labeling from the FDA. Dreamstime Shares of Axsome Therapeutics were soaring Monday after the biopharmaceutical company announced some good news in an attemp...
Tag: Biotechnology
World Health Organization says monkeypox is not a global health emergency right now
The World Health Organization on Saturday said the rapid spread of monkeypox across dozens of nations does not represent a global health emergency at this time. WHO Director General Tedros Adhanom Ghe...
Merck Pushes Forward With Potential Deal for Seagen
Merck & Co. is pushing forward with a potential deal for biotech Seagen Inc., according to people familiar with the matter, in what would be one of the largest takeovers of the year. The Wall Stre...
Several states immediately institute abortion bans after Roe ruling
Pro-life demonstrators hold signs in front of the U.S. Supreme Court as they await its decision on the legality of a Republican-backed Louisiana law that imposes restrictions on abortion doctors in Wa...
CDC panel recommends Moderna two-dose Covid vaccine for kids ages 6 to 17
The Centers for Disease Control and Prevention is expected to clear Moderna‘s two-dose Covid-19 vaccine for kindergartners through high schoolers for public distribution this week after the agen...
Energy and these 2 other sectors led the S&P 500. Now they’ve tanked. Here’s why that could be good for the stock market.
An unwind of the stock market’s best performing sectors had to happen eventually. And that may be just what this bear market ordered, according to Jonathan Krinsky, chief market technician at BTIG. Si...
CDC advisors recommend Covid vaccines for children as young as 6 months
A child is administered a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine. Mayela Lopez | Reuters The Centers for Disease Control and Prevention’s independent vaccin...
FDA committee recommends Moderna two-dose Covid vaccine for kids ages 6 to 17
A young man receives his Covid-19 vaccination at a vaccination clinic. People receive the Moderna vaccine in Milford, Pennsylvania. Preston Ehrler | LightRocket | Getty Images Moderna’s two-dose...
FDA decision on Novavax’s Covid shots could be delayed
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Kat...
Novavax faces high-stakes FDA review this week that will decide the fate of its Covid vaccine in the U.S.
In this photo illustration the Food and Drug Administration (FDA) and Novavax logos are seen behind a medical syringe and vials. Pavlo Gonchar | LightRocket | Getty Images Novavax’s Covid-19 vac...
U.S. has more than 36,000 Jynneos vaccine doses available in stockpile
The United States has more than 36,000 doses of the Jynneos monkeypox vaccine immediately available in the strategic national stockpile, the Health and Human Services Department said Monday. The Cente...
Abbott Nutrition restarts baby formula production in reopened Michigan plant
Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022. Samuel Corum | AFP | Getty Images Abbott Nutrition on Saturday resumed baby formula pro...
The CDC is sending monkeypox vaccines to people at high risk in a race to prevent the spread
Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022. Dado Ruvic | Reuters The Biden administration has distributed 1,200 monkeypox...
U.S. monkeypox cases have more than doubled in a week to 20, CDC says
The World Health Organization has said that there is a “window” of opportunity to contain a recent monkeypox outbreak which has seen cases spread across Europe, the U.S. and Australia. Nur...
Turning Point Stock Doubles on Bristol Deal. What It Means for Biotech M&A.
Text size Photograph by Georges Gobet/AFP/Getty Images Turning Point Therapeutics stock has more than doubled after Bristol Myers Squibb announced that it had agreed to buy the company. It’s just the ...
Why I Sold My Invitae Stock
For years I have detested the growth-at-all-costs business models followed by emerging growth companies. They work – until one day (or quarterly update) they don’t. All it takes is one disappoin...
Vaccinations for children under 5 due as early as June 21
A nurse administers a pediatric dose of the Covid-19 vaccine to a girl at a L.A. Care Health Plan vaccination clinic at Los Angeles Mission College in the Sylmar neighborhood in Los Angeles, Californi...
Reckitt baby formula plants can produce 21 million bottles for U.S.
Robert Cleveland, senior vice president of nutrition for North America and Europe at Reckitt, speaks via video conference during a House Commerce Subcommittee hearing in Washington, D.C., on Wednesday...
Elon Musk says workers should return to the office or quit. It’s a big gamble: ‘Tesla is kick-starting its own local Great Resignation’
Elon Musk is giving his employees an ultimatum. Tesla’s TSLA, -2.36% chief executive officer and founder responded Thursday to an apparent leaked email that called on employees to return to the offic...
WHO says monkeypox has been spreading undetected as global cases rise to more than 550
In this photo illustration, a photo of a hand infected with the Monkeypox virus is seen through a magnifying glass. Monkeypox is a viral disease that occurs mainly in central and western Africa. Rafae...
Cathie Wood Watch: Ark Piles Into Nvidia, Buys an AI Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, for a second day bought big into one of the world’s biggest semiconductor makers after staying away from it for at least se...
Monkeypox spread to more than 20 countries, but outbreaks containable, WHO says
RT: Maria Van Kerkhove, Head a.i. Emerging Diseases and Zoonosis at the World Health Organization (WHO), speaks during a news conference on the situation of the coronavirus at the United Nations in Ge...
House grills FDA commissioner, Abbott executive on baby formula shortage
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] The head of the Food and Drug Administration and executives from the infant formul...
FTC launches investigation into infant formula shortage
A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that ...
CDC says monkeypox doesn’t spread easily by air: ‘This is not Covid’
The Centers for Disease Control and Prevention wants to calm public anxiety over how the monkeypox virus is transmitted, emphasizing that it doesn’t spread that easily through the air because it...
These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates
One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...