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The Latest Breaking News on Pharma

Dow Jones Powerhouse Merck Dives On Surprise FDA Rejection

Merck stock tumbled under its 50-day moving average Thursday after the FDA rejected its Daiichi Sankyo-partnered cancer drug.

Investors Business Daily

The legal odyssey for OxyContin maker Purdue Pharma and its owners is complex. Here's what to know

The Supreme Court has rejected a settlement for OxyContin maker Purdue Pharma and members of the Sackler family who own the company

The Independent UK

Fluffy's Drugmaker Elanco Animal Health Plummets On Unexpected Safety Warning

Elanco stock plummeted Thursday after the company announced a pair of delays and a surprise warning for its new eczema treatment for dogs.

Investors Business Daily

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Supreme Court shreds nationwide $6 billion opioid settlement plan in ruling against Sackler family

The Supreme Court said the Sackler family cannot use a Chapter 11 reorganization plan to protect themselves from civil liability

The Independent UK

US supreme court blocks Purdue Pharma’s bankruptcy settlement that would shield Sacklers from lawsuits

Controversial deal would have protected billionaire family owners from further liability over US opioid epidemic

The Guardian - US

Walgreens to take a hard look at underperforming stores, could shutter hundreds more

Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years

The Independent UK

The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma

The Supreme Court has rejected a nationwide settlement with OxyContin maker Purdue Pharma that would've shielded Sackler family members who own the company from civil lawsuits over the toll of opioids but also would've provided billions of dollars to combat the epidemic

The Independent UK

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Stocks To Watch: Biotech Leader TG Therapeutics Clears Resistance Area

Among the best stocks to watch, biotech leader TG Therapeutics is clearing a key resistance area on the stock market today.

Investors Business Daily

How IBD Stock Of The Day Blueprint Medicines 'Knocked It Out Of The Park'

Blueprint Medicines is Tuesday's IBD Stock Of The Day. Shares are breaking a trendline, giving investors an early entry within a flat base.

Investors Business Daily

Biotech Stock Explodes On Drug Trial News As Sales Keep Doubling

This biotech stock nears a buy point after an explosive move following positive drug trial news. Sales have grown by triple-digits for seven quarters.

Investors Business Daily

Organ-on-chip market for drug testing expected to see tenfold growth to $1.3 billion by 2032

Pharmaceutical and cosmetic companies are the number one consumers of this tech, but other industries are taking notice.

Tom’s Hardware

Ozempic maker Novo Nordisk invests $4bn to meet US ‘skinny jab’ demand

Pharma group plans plant in North Carolina to produce diabetes drug and weight-loss product Wegovy

The Guardian - UK

Pharmacists say they were not consulted on ‘rushed’ Labor-Greens vape deal

Federal health minister counters that Pharmacy Guild did not make submission to regulation inquiry and selling vapes still a decision for individual stores

The Guardian - AU

The Future of Weight-Loss Drugs for Investors

Weight-loss drugs’ impact could reach far beyond their target user, potentially creating headwinds for shares of snack makers and packaged-food firms, as well as medical device makers that specialize in knee replacements, insulin pumps and sleep apnea machines.

Kiplinger

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Tom’s Hardware

AMD's Strix Halo being tested with 128GB RAM — shipping records reveal more about extreme 120W APU

AMD's upcoming Strix Halo APU, never confirmed but seen in shipping records and other leaks, has been spotted again in trade data: now with 128GB of RAM and 120W TDP.

Investors Business Daily

Why A Broken Wing Butterfly Might Make Money In Gilead Sciences Stock

Support for Gilead shares sits near 57.

Investors Business Daily

Sarepta Catapults 30% After Hitting A 'Grand Slam' Approval In Muscular Dystrophy

Sarepta stock rocketed Friday after hitting a "grand slam" approval that expands the market for its Duchenne muscular dystrophy gene therapy more than tenfold, according to one estimate.

International Business Times

New $1.2 Bn Plan To Boost African Vaccine Production Launched

A new $1.2 billion programme to massively boost vaccine production in Africa was launched on Thursday, aiming to give the continent more sovereignty to fight numerous diseases including a cholera resurgence.

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The Guardian - UK

Spanish police arrest 10 after discovery of ‘highly sophisticated’ meth lab

Mobile facility found near Barcelona was capable of producing 10kg of drug a day, say police, who seized 70kg

International Business Times

Over $1 Billion Pledged To Create 'African Vaccine Market'

World leaders, health groups and pharmaceutical firms announced $1.2 billion in funding at a summit Thursday to produce vaccines in Africa, which is facing numerous health crises including rising cholera outbreaks.

Tom’s Hardware

AMD working with law enforcement after reports of massive data breach — hack may have uncovered future product details

Known cybercriminal Intelbroker claims to have breached AMD and got plenty of sensitive information that is now available for sale.

Investors Business Daily

Why 93% Of Aerovate Therapeutics' Value Just Went Up In Smoke

Aerovate Therapeutics said Monday its experimental blood pressure medicine failed in Phase 2 testing, and the biotech stock plummeted 93%.

StockNews.com

3 Small-Cap Healthcare Stocks Wall Street Loves

The healthcare industry is expected to witness robust growth driven by increased demand for medicines. Therefore, small-cap Wall Street healthcare favorites Amphastar Pharmaceuticals (AMPH), Catalyst Pharmaceuticals (CPRX), and Equillium (EQ) might be ideal additions to your portfolio. Keep reading….

The Independent UK

Abortion pill access is unchanged after the Supreme Court's decision. Here's what you need to know

A unanimous Supreme Court ruling means the abortion pill mifepristone remains available, including via mail delivery