Tag: Biotech and Pharma

Merck raises 2024 profit forecast on strong sales of cancer drug Keytruda

 Merck & Co on Thursday raised its annual profit and revenue forecasts on the back of strong sales for its blockbuster cancer drug Keytruda, sending the company’s shares up more than 2% before the bell.

Ποιες είναι οι νέες πηγές κερδοφορίας για τη Lavipharm

Στις θετικές προοπτικές που διανοίγονται τόσο για φέτος, όσο και για τα επόμενα χρόνια, αναφέρθηκε η διοίκηση της Lavipharm-1,05% στο πλαίσιο της χθεσινής παρουσίασης της εισηγμένης εταιρείας στην Ένωση Θεσμικών Επενδυτών.

Biogen tops profit estimates as cost cuts take hold, Alzheimer’s drug Leqembi launch picks up

Biogen reported first-quarter profit that topped estimates as the company’s cost-cutting efforts took hold and sales of its closely watched Alzheimer’s drug, Leqembi, came in higher than expected.

Drugmaker Novartis climbs 4.4% after guidance rise on sales of blockbuster drugs

Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals on Tuesday, after the company raised its full-year guidance following better-than-expected first-quarter results.

Bristol Myers signs $380 mln CAR-T therapies supply deal with Cellares

 Drugmaker Bristol Myers Squibb said it has signed a $380 million deal with contract manufacturer Cellares to manufacture its CAR-T cell therapies in the United States, EU and Japan.

Cardinal Health Won’t Renew OptumRx Distribution Pact. Guidance Is Unchanged.

Shares of Cardinal Health were falling after the drug maker said it won’t be renewing a distribution contract with pharmacy benefits manager OptumRx.

Eli Lilly’s weight loss drug Zepbound shows promise as a sleep apnea treatment in late-stage trials

Eli Lilly on Wednesday said its highly popular weight loss drug Zepbound showed the potential to treat patients with the most common sleep-related breathing disorder in two late-stage clinical trials.

Johnson & Johnson tops quarterly profit estimates as medical device sales jump

Johnson & Johnson reported first-quarter adjusted earnings that topped expectations as sales in its medical devices business surged.

Johnson & Johnson to Buy Shockwave Medical for $13.1 Billion. It’s a Cardio Health Play.

Johnson & Johnson  agreed to acquire medical-devices maker Shockwave Medical  for a total enterprise value of about $13.1 billion.

Moderna moves three vaccines into final stage trials as it works to rebound from Covid slump

Moderna announced positive clinical trial data on three experimental vaccines and said it will move those shots to final stage studies.

FDA approves Merck’s drug for rare, deadly lung condition

The FDA approved a drug from Merck designed to treat a rare, progressive and life-threatening lung condition called pulmonary arterial hypertension.

Eli Lilly taps Amazon Pharmacy to help deliver weight loss drug Zepbound, other medicines to patients

Eli Lilly said Amazon Pharmacy will help deliver certain prescription drugs, including the popular weight loss treatment Zepbound, directly to patients’ homes through the drugmaker’s new direct-to-consumer website. 

Novo Nordisk shares jump 7% on promising weight loss trial results; Eli Lilly dips

The company told an investor meeting that the Phase I trial of its highly-anticipated obesity drug amycretin showed a 13.1% weight loss in participants after 12 weeks, according to Reuters.

Lavipharm: Αύξηση 58,9% στα προσαρμοσμένα EBITDA το 2023

Η LavipharmΛΑΒΙ -0,64% A.E. ανακοίνωσε ότι οι ενοποιημένες Πωλήσεις από συνεχιζόμενη δραστηριότητα προ Rebate & Clawback ανήλθαν σε Ευρώ 57,43 εκατ. το 2023 έναντι Ευρώ 45,14 εκατ. κατά τη χρήση 2022, παρουσιάζοντας αύξηση κατά 27,2%.

Novavax misses quarterly estimates, but vaccine maker narrows losses as it slashes costs

Vaccine maker Novavax on Wednesday reported fourth-quarter revenue and earnings that missed Wall Street’s estimates and reiterated plans to cut costs as it fights to stay afloat. 

Viking Therapeutics Stock Surges 100% on Positive Weight-Loss Drug Trial

Patients saw “significant” reductions in body weight during a study of a weight-loss drug developed by Viking Therapeutics sending shares of the biopharmaceutical company soaring in premarket trading Tuesday.

Novo Nordisk and Eli Lilly rival soars 32% after promising weight-loss drug results

Shares of Denmark’s Zealand Pharma shot 32% higher in morning trade, after results showed success in its liver disease treatment survodutide, which is also on trial as a drug to treat obesity.

Moderna posts surprise quarterly profit even as Covid vaccines sales plummet

Moderna posted a surprise quarterly profit, in part boosted by deferred revenue, even as the company saw slumping sales from its Covid vaccine, its only marketable product. 

Lavipharm: Γιατί σήμερα μπαίνουν οι βάσεις για απογείωση του EBITDA

Ιστορική μέρα η σημερινή για την Lavipharm, καθώς 1,5 χρόνο μετά την αύξηση κεφαλαίου που άλλαξε τον ρου της εισηγμένης στη χρηματιστηριακή θάλασσα, γίνεται πράξη η είσοδό της στην φαρμακευτική κάνναβη και όλα δείχνουν πως πραγματώνεται ο στόχος για εκτίναξη των EBITDA ως το 2025.

Lavipharm: Δύο αλλαγές με όφελος 350 χιλ. ευρώ

Τη διακοπή της δραστηριότητας φαρμακαποθήκης και υπηρεσιών logistics προς τρίτους ανακοίνωσε η Lavipharm, καθώς και τη μεταβίβαση ορισμένων στοιχείων του ενεργητικού της θυγατρικής της εταιρείας LAS στην Profarm.