Today: September 08, 2024
Today: September 08, 2024

Latest From Michael Erman

Business|Finance

Ozempic on Wall Street's list for 2027 Medicare drug negotiations

Now that the U.S. government has negotiated prices for some Medicare program drugs effective in 2026, Wall Street analysts are betting on a 2027 list that will

Ozempic on Wall Street's list for 2027 Medicare drug negotiations
Business|Finance|Health

Concern over Merck's Gardasil sales in China sink shares

Merck & Co said on Tuesday that shipments of its Gardasil vaccine in the important China market declined in the second quarter, sparking investor concerns,

Concern over Merck's Gardasil sales in China sink shares
Business|Finance|Health

RSV vaccine makers vying for market share in second year of shots

Pfizer's, GSK's and Moderna's competition for arms for their new respiratory syncytial virus (RSV) vaccines is on Wall Street's watch list for when the companies report

RSV vaccine makers vying for market share in second year of shots
Health|Science

Pharma aims to deliver personalized cancer therapies more quickly

Big pharmaceutical companies that make personalized blood cancer treatments are working to cut the manufacturing turnaround time by as much as half in coming

Pharma aims to deliver personalized cancer therapies more quickly
Business|Health

Bristol Myers second-quarter results beat expectations, helped by new drugs

Drugmaker Bristol Myers Squibb posted better-than-expected second-quarter results, driven by growth from new products like anemia treatment Reblozyl and heart drug Camzyos

Bristol Myers second-quarter results beat expectations, helped by new drugs
News

Pharma industry to get US government price cut proposals by Thursday

Pharmaceutical companies are due to receive by Thursday the U.S. government's opening proposal for discounts it is seeking on 10 high-cost medicines, an important step in

Business|Health

Bayer's pharmaceutical unit plans more managerial cuts in Europe, Asia

A top Bayer pharmaceutical executive said on Wednesday his group will continue slashing managerial jobs this year, planning cuts in Germany, Japan, the United

Bayer's pharmaceutical unit plans more managerial cuts in Europe, Asia
News|Political

US CDC narrows age recommendation for RSV shots in US

The U.S.

US CDC narrows age recommendation for RSV shots in US
Business

Bristol Myers posts better-than-expected 4th-quarter results

Drugmaker Bristol Myers Squibb on Friday posted better-than-expected results for the fourth quarter as sales of its new anemia drug Reblozyl and its already off patent

Bristol Myers posts better-than-expected 4th-quarter results
Business

Merck posts better-than-expected quarterly results on soaring Keytruda sales

Merck & Co on Thursday reported better-than-expected fourth-quarter results on strong sales of its cancer immunotherapy Keytruda, now the world's biggest selling

Merck posts better-than-expected quarterly results on soaring Keytruda sales
Business

Pfizer RSV vaccine lags GSK’s as head-to-head competition underway

Pfizer, which dominated COVID vaccine sales, now finds itself looking up at GSK, whose rival new respiratory syncytial virus (RSV) vaccine has surged to an early lead

Pfizer RSV vaccine lags GSK’s as head-to-head competition underway
Business

Bristol Myers says it needs another year to hit target for new drugs

Drugmaker Bristol Myers Squibb on Thursday pushed back by a year the time frame for its current new-product portfolio to hit $10 billion in sales as the ramp-up of new

Bristol Myers says it needs another year to hit target for new drugs
Business

Merck 3rd-quarter profit tops expectations on COVID pill surprise

Merck & Co on Thursday reported higher-than-expected third-quarter sales and profit on surprisingly strong demand for its COVID-19 treatment, primarily in Japan.

Merck 3rd-quarter profit tops expectations on COVID pill surprise
Health|Science

Pfizer's Paxlovid fails as 15-day treatment for long COVID, study finds

A 15-day course of Pfizer's COVID-19 antiviral treatment Paxlovid did not relieve symptoms of long COVID, according a study by Stanford University researchers.

Pfizer's Paxlovid fails as 15-day treatment for long COVID, study finds
Health|Science

What are the FLiRT COVID variants and are they more contagious?

The so-called FLiRT variants of SARS-CoV-2 coronavirus that cause COVID-19 have been the dominant forms of the virus circulating this year globally, according to

What are the FLiRT COVID variants and are they more contagious?
Health|Science

Novavax awaits FDA decision on whether its next COVID shot can be offered in US

Novavax will only be able to offer a COVID-19 vaccine in the United States this autumn if regulators accept the shot it has started manufacturing that targets a variant

Novavax awaits FDA decision on whether its next COVID shot can be offered in US
News

US plans shift of Merck COVID treatment to commercial market

The U.S. government will stop distributing free doses of Merck & Co's COVID-19 antiviral treatment molnupiravir by the middle of next month and expects it to be sold on

US plans shift of Merck COVID treatment to commercial market

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