The NFT Project Battling Drug Addiction

PIXXTASY uses the power of NFTs and blockchain technology to fight against drug addiction and help people recover. What is PIXXTASY? PIXXTASY is the creation of Zoltán Egri, an anti-drug advocate who ...

These cannabis stocks could benefit from adult-use cannabis legalization in Germany

While it’s too early to predict winners and losers among U.S. and Canadian cannabis companies, some of these players are expected to see a boost in sales as Germany moves toward nationwide legalizatio...

Axsome Stock Is Flying as Fast-Acting Depression Drug Wins FDA Approval

Text size The decision on the drug came a bit less than a year after the FDA’s self-imposed deadline on making a call had passed. Dreamstime The Food and Drug Administration issued a long-awaite...

CVS, Walgreens and Walmart Ordered to Pay $650 Million to Ohio Counties in Opioid Case

A federal judge in Ohio has ordered the companies owning CVS, Walgreens and Walmart pharmacies to pay $650 million over 15 years to two Ohio counties after a jury found them liable for contributing to...

Biden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.

President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug costs and raising hundre...

Gilead’s stock is up about 4% after sharing new data for cancer drug

Shares of Gilead Sciences Inc. GILD, +5.16% were up 4.9% in trading on Monday after the company said in a news release that Trodelvy improved overall survival rates in people with HR+/HER2- metastatic...

Brittney Griner Appeals Drug Possession Conviction In Russia

Topline WNBA star Brittney Griner’s lawyers filed an appeal against a Moscow-area court’s ruling that convicted her of drug possession and handed her a nine-year jail term, Reuters reported on Monday,...

House passes Inflation Reduction Act: What Democrats’ bill does for climate, drug prices and taxes

Democrats’ Inflation Reduction Act passed the House of Representatives in a 220-207 vote on Friday after clearing the Senate last weekend, and with it, some big changes could be coming to key sectors ...

3 Drug Companies Fall on Zantac Lawsuit Fears. It Shows the Power of Analysts.

Shares of Sanofi , GSK , and Haleon  fell for the second straight trading session Thursday on surging worries about litigation over Zantac, a heartburn drug that the Food and Drug Administration effec...

Pfizer Stock Slumps On Litigation Linked to Zantac Heartburn Drug

Updated at 12:17 pm EST Pfizer  (PFE) – Get Pfizer Inc. Report shares slumped lower Thursday amid investor concern over potential litigation linked to the popular, but now-discontinued, heartbur...

Drugmaker Endo Says Bankruptcy Likely Imminent

Endo International PLC, a pharmaceutical manufacturer facing thousands of lawsuits alleging it fueled the opioid addiction crisis, said Tuesday that it is likely to file for bankruptcy imminently. The...

The US senate just passed a massive $430 billion bill to fight climate change, lower drug costs — and these stocks are buzzing because of it

The US senate just passed a massive $430 billion bill to fight climate change, lower drug costs — and these stocks are buzzing because of it The clean energy sector has had a choppy ride over the past...

Brittney Griner Sentenced To 9 Years For Drug Charges By Russian Court

Topline A Russian court on Thursday sentenced WNBA star Brittney Griner to nine years in prison for drug possession and smuggling, after Russia made a “bad faith” response to a U.S. offer for a prison...

its Alzheimer’s drug could be ‘biggest drug in history’

Shares of Eli Lilly & Co (NYSE: LLY) are in the red this morning after the pharmaceutical giant reported weaker-than-expected results for its fiscal second quarter. Key takeaways from Eli Lilly Q2...

Parliamentarian MacDonough Will Approve The Schumer-Manchin Negotiated Drug Price Bill

I told you in July in Forbes.com that Majority Leader Chuck Schumer and Senator Joe Mancian could make a deal. And, that it would go to the key Elizabeth MacDonough, Senate Parliamentarian. And, after...

Fosun Pharma Shares Gain After Tie-Up With New Covid Drug Supplier Genuine Biotech

A silhouette of hands in medical gloves hold a medical syringe and a vial in front of Fosun Pharma’s … [+] logo. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Imag...

Cancer drug sales help Johnson & Johnson withstand the hit from a stronger dollar

Johnson & Johnson (NYSE: JNJ) recorded quarterly results that surpassed financial analyst estimates in large part because of the strength of its pharmaceutical department, even as it cut its annua...

U.S. Drug Prices Sky-High In International Comparison [Infographic]

U.S. residents are paying more than twice as much for prescription drugs as people living in other countries. A paper by think tank Rand Corporation found that U.S. prescription drug prices surpassed ...

UnitedHealth to Drop Copays on Some Widely Used Drugs

UnitedHealth Group Inc. said it would eliminate copayments and other out-of-pocket charges for patients on some widely used drugs in certain plans next year, including insulin and the anti-overdose tr...

Regulatory Attacks On Pharmacy Benefit Managers Will Not Lower Drug Prices

The market for prescription drugs is exceedingly complicated, in part because there are many disparate actors. Besides the pharmaceutical companies that make the drugs and the patients who ultimately ...

Brittney Griner Pleads Guilty To Russian Drug Charges

Topline WNBA basketball star Brittney Griner pleaded guilty to drug charges in Russian court on Thursday, Reuters and Russian news agency Tass report, days after the trial began. WNBA basketball super...

Government Drug Price Negotiations Offer A False Promise

WASHINGTON, DC – JANUARY 04: Sen. Joe Manchin (D-WV) speaks to reporters outside of his office on … [+] Capitol Hill on January 04, 2022 in Washington, DC. Manchin took questions on the st...

A Key Precedent May Sustain Negotiation To Keep Down Medicare Drug Prices

Medicare drug price negotiation, which holds down prices, may emerge from the long-quiet Senate negotiations on an omnibus policy (“Build Back Better”) bill. On this issue, there has been a back-room ...

Axsome Therapeutics Stock Soars on Proposed FDA Labeling for Depression Drug

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...

China Explains Role of Crypto in Drug Trafficking in Latest Report

In a report dated June 23, China has underlined the role of crypto in drug trafficking, stating, “Drug capital circulation is extended from online banking transfers to virtual currencies and game coin...

China identifies use of crypto in drug trafficking as new phenomenon

A new report has highlighted the Chinese government’s acknowledgement of the new threat posed by cryptocurrencies in facilitating drug trafficking.  The 2021 report states that the government identifi...

Juul Ban Will Send Altria’s Strategy, and $13 Billion, Up in Smoke

Altria Group disastrous investment in Juul Labs is taking another turn for the worse. On Wednesday, The Wall Street Journal reported that the Food and Drug Administration is preparing to remove Juul e...

Altria’s Cigarette Addiction Is Becoming Unhealthier

For years tobacco companies have been fighting regulators more than each other. That might be about to change, and Altria MO -0.61% in particular needs a game plan. If Philip Morris International’s PM...

How This Father And Son Were Arrested For Running A Drug Business With Bitcoin

Per a report from the U.S. Department of Justice, two individuals were sentenced to jail for running a money laundry and marijuana business using Bitcoin. The individuals were identified as Kenneth Wa...

Canopy Growth Stock Is Falling as Earnings Disappoint Wall Street

Text size Canopy Growth reported a 36% drop in revenue from Canadian recreational cannabis sales compared with the same quarter a year ago. Chris Roussakis/Bloomberg Canopy Growth stock is plummeting ...

Avadel’s stock falls 21% after disclosing new FDA request for experimental narcolepsy drug

Shares of Avadel Pharmaceuticals PLC AVDL, +133.64% tumbled 21.6% in premarket trading on Thursday after the company said in a securities filing that the Food and Drug Administration requested additio...

Wouldn’t worry about monkeypox, cuts drug costs for low-income

Albert Bourla, Pfizer CEO, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galici | CNBC Pfizer‘s CEO said Wednesday that he “wouldn’t worry much” about a recent monke...