Tag: Biotech and Pharma

Eli Lilly’s Zepbound outperforms Novo Nordisk’s Wegovy for weight loss in trial

Eli Lilly (LLY.N),  said on Sunday its drug Zepbound was superior to Novo Nordisk’s (NOVOb.CO),  Wegovy across five weight-loss targets such as reducing waist circumference, citing data from a head-to-head trial.

Trump to sign drug pricing executive order, promises 59% cut

U.S. President Donald Trump plans to sign an executive order on prescription drug pricing on Monday that aims to align the United States with what other countries pay, a move he said on social media would be a cut of 59%.

Novo Nordisk Stock Jumps After Earnings. It Cuts Guidance as Weight-Loss Drug Sales Slow.

Novo Nordisk NVO stock rose after the Danish pharma giant posted better-than-expected quarterly earnings even as sales of its blockbuster drugs Ozempic and Wegovy slowed, but cut its guidance for the year.

Moderna beats Wall Street estimates for first-quarter profit and sales

Moderna on Thursday reported first-quarter profit and sales that beat Wall Street estimates, helped by the company’s cost-cutting efforts following waning post-pandemic demand for its COVID-19 vaccine.

Eli Lilly Earnings Beat Expectations. Why the Stock Is Falling.

Eli Lilly (LLY)+1.55% stock was falling early Thursday even as the drugmaker posted first-quarter earnings above analysts’ expectations, driven by higher sales of its blockbuster weight-loss drugs Zepbound and Mounjaro.

US FDA approves J&J’s immune disorder drug

The U.S. Food and Drug Administration has approved Johnson & Johnson’s (JNJ.N),  drug to treat some patients aged 12 years and older with an immune-mediated disorder, the drugmaker said on Wednesday.

Hims & Hers Stock Soars 45%. Why a Deal With Novo Nordisk for Weight-Loss Drugs Matters.

Hims & Hers stock HIMS+1.39% jumped after the telehealth company that has built a business around selling copycat weight-loss drugs announced a deal with Ozempic-maker Novo Nordisk.

Pfizer Stock Gains After Earnings Beat. Tariffs Aren’t the Only Worry for Wall Street.

Pfizer PFE +0.57% reported earnings that beat Wall Street expectations early Tuesday, but said it is “unable to predict” tariff-related impacts “at this time.”

Germany’s Merck KGaA in $3.9 billion deal to buy US biotech firm SpringWorks

Merck KGaA (MRCG.DE),  has struck a deal to buy U.S. biotech company SpringWorks Therapeutics (SWTX.O),  for an equity value of $3.9 billion to add rare cancer therapies ahead of expected revenue losses linked to expiring patents.

AbbVie Stock Rises Despite Risks as Earnings Beat Forecasts

AbbVie (ABBV +3.15%) gave investors reason to cheer, reporting higher earnings than expected for a fifth straight quarter and raising its financial forecasts for the year.

Gilead Sciences Earnings Were Solid. Why the Stock Is Dropping.

The biotech Gilead Sciences has been the best-performing healthcare stock in the S&P 500 by far over the past 12 months. Its latest financial results late Thursday should reinforce its position

Lavipharm: Δυναμική ανάπτυξη το 2024 παρά τις προκλήσεις

Οι επενδύσεις μας αποδίδουν και ενισχύουν σημαντικά την κερδοφορία μας. Μετά από 18 χρόνια ανταμείβουμε τους μετόχους για την εμπιστοσύνη τους, διανέμοντας μέρισμα (2 λεπτά/ανά μετοχή)», δήλωσε ο CFO του ομίλου.

Bristol Myers Squibb Posts Better-than-Expected Earnings, Raises Full-Year Guidance

Bristol Myers Squibb reported better-than-expected earnings for the first quarter and boosted its outlook while noting the impact of stiff competition in the pharmaceutical market.

Bristol Myers Squibb’s Schizophrenia Treatment Falls Flat

Bristol Myers Squibb’s Cobenfy as an adjunctive treatment did not reach the threshold for a statistically significant difference compared to a placebo with an atypical antipsychotic in adults with schizophrenia.

Roche to invest $50 billion in the U.S. as pharma tariff threat lingers

Swiss pharmaceutical giant Roche on Tuesday said that it would invest $50 billion in the U.S. over the next five years, amid concerns about the impact of possible new White House tariffs on pharma goods from abroad.

Lilly’s pill helps diabetes patients lose 7.9% weight in crucial study

Eli Lilly (LLY.N),  said on Thursday its experimental pill, orforglipron, led to weight loss of nearly 8% at the highest dose and lowered blood sugar in patients with type 2 diabetes in a late-stage trial.

Abbott Laboratories Stock Slips as First-Quarter Sales Miss Expectations

Abbott Laboratories ABT-0.90% declined slightly in premarket trading Wednesday after the healthcare company posted first-quarter sales that missed Wall Street expectations.

Johnson & Johnson raises sales outlook, even with tariff costs accounted for

J&J beat quarterly profit and revenue expectations and raised its dividend but didn’t change its profit outlook, and the stock pulled back.

Lavipharm: Συστήνει εταιρεία με την Tikun Olam Europe για ψηφιακές εφαρμογές τηλεϊατρικής

Οι εφαρμογές θα εστιάζουν στη διαχείριση του πόνου με βάση τις εγκεκριμένες ενδείξεις των αντίστοιχων φαρμάκων, συμπεριλαμβανομένων των τελικών προϊόντων φαρμακευτικής κάνναβης . 

Pfizer Stock Falls. It’s Halted Development of New Weight-Loss Drug.

Pfizer stock fell after suffering a setback developing a new weight-loss drug.