Pfizer’s twice-daily weight loss pill joins a long list of obesity drug flops

[ad_1] Sopa Images | Lightrocket | Getty Images Pfizer’s twice-daily version of its experimental weight loss pill has now joined a long list of other scrapped drugs that aimed to…

Pfizer to discontinue twice-daily weight loss pill due to high rates of adverse side effects

[ad_1] CFOTO | Future Publishing | Getty Images Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the…

Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them

[ad_1] A sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | Reuters Three years into the Covid-19 pandemic, few Americans…

Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen for $10 billion

[ad_1] Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on May 21, 2021. Dado Ruvic | Reuters Biotech stocks rose Thursday as AbbVie…

Pfizer wants in on the weight loss drug market – and upcoming data will be crucial for its success

[ad_1] CFOTO | Future Publishing | Getty Images As its Covid gains evaporate, Pfizer wants a chunk of the budding weight loss drug market.  Analysts say upcoming data on Pfizer’s…

Eli Lilly says supply of blockbuster diabetes drug Mounjaro has improved in U.S.

[ad_1] A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, on March…

Moderna stock falls as sinking Covid vaccine demand drives steep loss

[ad_1] Moderna on Thursday posted a steep loss for the third quarter as it recorded a large write-down due to unused doses of its Covid vaccine, its only marketable product,…

Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine write-offs

[ad_1] CFOTO | Future Publishing | Getty Images Pfizer on Tuesday reported a narrower than expected adjusted loss for the third quarter as the drugmaker recorded charges largely related to…

Pfizer’s combination Covid, flu vaccine will move to final-stage trial after positive data

[ad_1] CFOTO | Future Publishing | Getty Images Pfizer on Thursday said its combination vaccine candidates targeting Covid and the flu will move to a final-stage trial in the coming…

Merck results beat expectations on strong Keytruda sales, surprise Covid drug growth

[ad_1] Merck headquarters in Rahway, New Jersey, on Tuesday, April 18, 2023. Christopher Occhicone | Bloomberg | Getty Images Merck on Thursday reported third-quarter revenue and adjusted earnings that topped…