Tag: Biotech and Pharma

Abbott Stock Slumps on Earnings. What’s Weighing on the Medical Devices Maker.

Shares of Abbott Laboratories (ABT) tumbled Thursday after the medical devices maker posted fourth-quarter earnings and sales that underwhelmed Wall Street.

J&J wants to be the leader in the cancer fight. Its strategy is starting to pay off as oncology sales top $25 billion in 2025

Johnson & Johnson had another strong quarter, driven by revenue growth of two important cancer drugs, but it also reported lower-than-expected net profit.

Novo Nordisk Stock Rises After U.K. Approves Higher Wegovy Dose for Weight Loss

Novo Nordisk (NVO) traded higher in the U.S. after the U.K.’s healthcare regulator approved a higher dose of Novo’s blockbuster weight-loss drug, Wegovy.

Walmart stock rises on Nasdaq-100 Index addition

Walmart (WMT) stock rose 3.6% Monday morning after the retail giant was announced to join the Nasdaq-100 Index effective January 20, 2026.

Johnson & Johnson Strikes Deal With White House to Lower Drug Prices

Johnson & Johnson has said it will lower the price of some medications sold to U.S. consumers, making it the latest pharmaceutical company to form a business agreement with the Trump administration.

Merck in talks to buy cancer drugmaker Revolution Medicines for up to $32bn

US pharmaceutical group Merck is in talks to buy Revolution Medicines, a cancer drugmaker with a market capitalisation of more than $20bn in what would be the latest big deal in the red-hot biotechnology sector.

First GLP-1 pill for obesity from Novo Nordisk launches in the U.S.

Novo Nordisk will start rolling out the first-ever GLP-1 pill for weight loss in the U.S. on Monday, the company announced, marking a new chapter of obesity treatment in the U.S.

Sanofi to acquire hepatitis B vaccine maker Dynavax for $2.2 billion

Sanofi (SASY) will buy U.S. vaccines company Dynavax Technologies (DVAX) for around $2.2 billion (1.9 billion euros), the French drugmaker said on Wednesday, a deal that will give it access to an approved hepatitis B vaccine.

Novo Nordisk stock surges on hopes Wegovy pill approval will deliver some ‘redemption’ for investors

Novo Nordisk shares received a much-needed end of the year boost as the Wegovy maker became the first drugmaker to secure approval of a GLP-1 pill for weight loss, in what one analyst called a “redemption for the investors” after the stock’s worst year ever.

Eli Lilly says obesity pill helps maintain weight loss after patients switch from Wegovy, Zepbound

Eli Lilly on Thursday said its closely watched obesity pill helped patients maintain the majority of their weight loss after they switched directly from taking the company’s injection Zepbound and Novo Nordisk’s rival shot Wegovy in a late-stage trial.

Pfizer forecasts 2026 profit below expectations on lower COVID product sales

Pfizer (PFE), on Tuesday forecast 2026 profit below Wall Street estimates as it expects a steep drop in sales of its COVID products and a revenue hit from the loss of exclusivity on some drugs.

Sanofi stock slumps after two setbacks on multiple-sclerosis drug

Shares of Sanofi slumped on Monday as the French drugmaker said a U.S. regulatory review of its multiple-sclerosis drug won’t be completed by the end of the year and that a trial for a different form of MS didn’t succeed.

Danish weight loss drug maker outlines ambitious 2030 strategy, ramping up pressure on Novo, Lilly

Zealand Pharma on Thursday outlined an ambitious five-year strategy for its anti-obesity portfolio Thursday, spotlighting how growing competition from smaller players is tightening the race for market leaders Novo Nordisk and Eli Lilly as more of these medicines near market entry.

Eli Lilly cuts Zepbound price to widen access for obesity drug

Eli Lilly said on Monday it has lowered the price of single-dose vials of its popular ​obesity drug Zepbound to make the treatment more affordable for U.S. ‌patients, as demand for weight-loss therapies surge.

US, UK to agree to zero tariffs on pharmaceuticals, announcement expected, sources say

Britain and the United States are poised to agree to zero tariffs on pharmaceutical products, with an announcement due at the White House on Monday, according to two sources familiar with the matter.

Novo Nordisk shares plunge 9% after Alzheimer’s drug trial fails to hit key target

Shares of Novo Nordisk on Monday fell to a four-year low after the Danish drug pharmaceutical company said a highly-anticipated trial for Alzheimer’s disease failed to meet its main goal.

Lavipharm: Αύξηση κατά 11,2% των προσαρμοσμένων EBITDA στο 9μηνο

Η Lavipharm A.E. ενημερώνει το επενδυτικό κοινό για τα βασικά ενοποιημένα οικονομικά μεγέθη του Εννεαμήνου 2025.

J&J to buy cancer therapy developer Halda Therapeutics for $3.05 billion

Johnson & Johnson (JNJ.N), said on Monday it would buy privately held Halda Therapeutics for $3.05 billion in cash, expanding the medtech conglomerate’s presence in solid tumors and prostate cancer treatments.

Novo Nordisk cuts direct-to-consumer prices for Wegovy, Ozempic to $349 a month

Novo Nordisk on Monday said it has cut the direct-to-consumer prices of its blockbuster weight loss drug Wegovy and diabetes counterpart Ozempic, adding to efforts by the company and the Trump administration to make the treatments more accessible.

Metsera falls after accepting $10 billion buyout offer from Pfizer

Shares of Metsera, fell nearly 15% in premarket trading on Monday, after the weight-loss drug developer accepted a sweetened offer from Pfizer, to end a fierce bidding war between the pharma giant and Danish rival Novo Nordisk.