[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…
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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 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…
The FTC cleared Amgen’s $27.8 billion Horizon buyout — here’s what it means for other massive pharma deals
[ad_1] Robert Galbraith | Reuters The Federal Trade Commission last week allowed Amgen to move forward with its $27.8 billion acquisition of Horizon Therapeutics under a settlement agreement – a…
Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more
[ad_1] People are seen inside the First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar Mike Segar | Reuters Check…