Eli Lilly raises full-year guidance as drug pipeline drives second-quarter profit up 85%

[ad_1] Sopa Images | Lightrocket | Getty Images Eli Lilly on Tuesday raised its full-year guidance as second-quarter profit jumped 85% from the same period a year ago on strong…

Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal

[ad_1] Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its blockbuster cancer drug Keytruda and HPV vaccine Gardasil. The pharmaceutical giant posted a quarterly loss,…

Pfizer beats on earnings, but revenue misses as Covid product sales plummet

[ad_1] Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that fell short of estimates as Covid…

The first fully A.I.-generated drug enters clinical trials in human patients

[ad_1] Alex Zhavoronkov, left, founder and CEO of Insilico Medicine, and Feng Ren, co-CEO and chief scientific officer, at the company’s robotics lab in Suzhou, China. Source: Insilico Medicine The…