Tag: Biotech and Pharma

Συνεργασία Famar-Lavipharm στην παραγωγή φαρμάκων

Στο πλαίσιο της συμφωνίας, η FAMAR θα αναλάβει, ως αποκλειστικός πάροχος, την παραγωγή των αναλγητικών φαρμακευτικών προϊόντων Lonarid N® και Lonalgal® της Lavipharm.

Johnson & Johnson narrowly tops quarterly estimates as pharmaceutical, medtech sales jump

Johnson & Johnson reported fourth-quarter earnings and revenue that narrowly edged out Wall Street’s expectations.

J&J to buy targeted cancer therapy developer Ambrx for $2 bln

Johnson & Johnson said on Monday it had agreed to buy drug developer Ambrx Biopharma  for $2 billion to gain access to drugs that belong to a class of targeted cancer therapies which have drawn interest from other drugmakers.

Lilly launches website, home delivery option for weight-loss drugs

Eli Lilly and Co on Thursday launched a website to help people with obesity get prescriptions through telehealth providers and provide home delivery of its weight-loss medicines.

Bristol Myers to Acquire RayzeBio in Deal Valued at $4.1 Billion

Bristol Myers Squibb will acquire radiopharmaceutical therapeutics company RayzeBio for $62.50 a share in cash.

Bristol Myers to buy schizophrenia drugmaker Karuna Therapeutics for $14 billion

 Bristol Myers Squibb  on Friday agreed to buy Karuna Therapeutics for $14 billion, gaining a promising experimental schizophrenia drug to help power growth as patents on its older therapies expire later this decade.

Moderna Reports More Promising Data on Its Cancer Treatment

Moderna on Thursday unveiled new data from a continuing early-stage trial of the personalized cancer treatment it is testing with Merck, saying that the updated results help build the case that the drug works.

Pfizer shares sink after weak 2024 forecasts

Dec 13 (Reuters) – Pfizer on Wednesday forecast 2024 revenue and profit below Wall Street expectations, sending its shares down 7% in premarket trading even as it raised cost-cut target by $500 million.

This Vaccine Stock Soars 47% After $1.1 Billion AstraZeneca Deal

Icosavax stock soared 47% in Tuesday premarket trading after the Seattle-based vaccine developer reached a deal to be acquired by pharmaceutical giant AstraZeneca.

AbbVie to buy drug developer Cerevel for $8.7 billion

Dec 6 (Reuters) – AbbVie said on Wednesday it would buy Cerevel Therapeutics , a developer of drugs for neurological conditions, for about $8.7 billion in a bid to replace revenue as its arthritis drug Humira faces a raft of new competition.

Lavipharm: Στα σκαριά νέα εξαγορά γνωστού φαρμάκου

Πολύ πιθανή η απόκτηση ενός ακόμη ιδιαίτερα γνωστού προϊόντος σε σχετικά σύντομο χρονικό διάστημα, τονίζουν κύκλοι της εταιρείας. Υψηλές οι προσδοκίες για το 2024.

Johnson & Johnson Stock Edges Higher After Guidance Release

Johnson & Johnson stock was edging higher after the pharmaceutical and medical-device company shared its long-term financial outlook.

Roche Strikes $3.1 Billion Deal for Obesity Drugmaker. It’s Hoping to Compete with Eli Lilly, Novo Nordisk.

Roche has agreed to buy obesity-drug developer Carmot Therapeutics for up to $3.1 billion.

Lavipharm: Εξαγοράζει δύο αναλγητικά φαρμακευτικά προϊόντα

Την υπογραφή συμφωνίας με τη Boehringer Ingelheim International GmbH για την εξαγορά των δύο αναλγητικών φαρμακευτικών προϊόντων Lonarid N® και Lonalgal® για την αγορά της Ελλάδας και της Κύπρου με τη δυνατότητα να τα αξιοποιήσει και διεθνώς ανακοίνωσε σήμερα η Lavipharm A.E.

Pfizer’s stock falls 4% after halting trial of obesity drug due to side effects

Pfizer Inc.’s stock tumbled 4% premarket Friday, after the company said it would not move to a Phase 3 trial of a twice-daily formulation of a weight-loss drug after patients in an earlier study had a lot of side effects.

AbbVie signs $10.1 bln deal to buy cancer drugmaker ImmunoGen

Nov 30 (Reuters) – AbbVie said on Thursday it will buy drugmaker ImmunoGen for $10.1 billion, adding a promising drug for ovarian cancer to its portfolio of oncology treatments.

Novartis raises sales growth target to 5% a year through 2027

FRANKFURT, Nov 28 (Reuters) – Novartis has dialled up its sales growth target to 5% per year until 2027, citing demand for innovative drugs after the spin off of its generics business.

Bayer shares plunge after blood-thinning drug trial halted

Bayer shares plunged to their lowest level in more than a decade after the group abandoned a key late-stage trial of a blood-thinning drug that was seen as a prospective blockbuster, saying it did not work as hoped.

Eli Lilly to build $2.5 billion plant in Germany to support rising demand for obesity, diabetes drugs

Shares of Eli Lilly & Co. rose 0.67% in premarket trading Friday after drug giant announced plans to spend $2.5 billion to build a new manufacturing facility in Germany.

Novo Nordisk invests $6 bln in Wegovy production, still far below demand -CEO

LONDON/COPENHAGEN, Nov 10 (Reuters) – Obesity drug maker Novo Nordisk said on Friday it will spend $6 billion to boost production in Denmark, although its chief executive warned the industry was far from being able to produce enough weight-loss drugs to meet global demand.