Pfizer shares fall as 2024 revenue and profit forecast disappoints

[ad_1] Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street’s expectations, as it sees weak demand for its once-blockbuster Covid products.  Pfizer also…

Fraud in a bottle: How Big Pharma takes on criminals who make millions off counterfeit drugs

[ad_1] In Las Vegas, Lazaro Hernandez was a flamboyant, jet-setting poker player shown in televised tournaments with stacks of colorful chips. But the casually dressed gambler spotted on security cameras…

Patients regain weight after stopping Eli Lilly’s Zepbound, study says

[ad_1] Eli Lilly’s drug tirzepatide was approved for weight loss by the FDA. Courtesy of Eli Lilly Patients who took Eli Lilly‘s weight loss drug Zepbound regained around half the…

Cigna shares jump on reports of abandoned Humana buyout, plans for $10 billion stock buyback

[ad_1] Sopa Images | Lightrocket | Getty Images Shares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements…

U.S. approves first gene-editing treatment, Casgevy, for sickle cell disease

[ad_1] Blood sample tube with blood for Sickle Cell Screen -Test. Sickle cell blood test, abnormal hemoglobin test. Md Babul Hosen | Istock | Getty Images The U.S. Food and…

U.S. poised to approve first gene-editing treatment in breakthrough for sickle cell patients

[ad_1] At age 19, Joe Tsogbe underwent his first hip replacement. In his 20s, he averaged about nine hospitalizations a year. By his 30s, that rose to more than a…

Biden administration asserts power to seize drug patents in move to slash high prices

[ad_1] President Joe Biden speaks about protecting Social Security, Medicare, and lowering prescription drug costs, during a visit to OB Johnson Park and Community Center, in Hallandale Beach, Florida, on…

AbbVie to acquire neuroscience drugmaker Cerevel Therapeutics for $8.7 billion

[ad_1] A sign stands outside a Abbvie facility in Cambridge, Massachusetts, May 20, 2021. Brian Snyder | Reuters AbbVie on Wednesday said it will acquire neuroscience drugmaker Cerevel Therapeutics for…

CVS to change how it prices prescription drugs with new pharmacy reimbursement model

[ad_1] A person walks by a CVS pharmacy store in Manhattan, New York, U.S., November 15, 2021. Andrew Kelly | Reuters CVS Health on Tuesday said it will revamp how…

Eli Lilly weight loss drug Zepbound now available at pharmacies as rival Wegovy faces shortages

[ad_1] The FDA approves Eli Lilly’s Zepbound, a weight loss drug similar to Ozempic and Wegovy. Courtesy: Eli Lilly Eli Lilly on Tuesday said its recently approved weight loss treatment…