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The Latest Breaking News on Pharma

What Biden’s announcement of Medicare negotiating drug prices means

Democrats have long wanted to allow Medicare to negotiate drug prices, which it hopes will lead to lower prescription costs

The Independent UK

3M agrees to pay $6 billion to settle earplug lawsuits from U.S. service members

Chemical and consumer product manufacturer 3M has agreed to pay $6 billion to settle numerous lawsuits from U.S. service members who say they experienced hearing loss or other serious injuries from using earplugs made by the company

The Independent UK

Here are the first 10 drugs that Medicare will target for price cuts

The government will negotiate new prices for the commonly prescribed drugs, but the cuts won't take effect until 2026. In the meantime, drugmakers are fighting the negotiations with lawsuits.

WEKU

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President Biden names first drugs targeted for Medicare price negotiation

In the biggest shakeup since Medicare was established in 1965, the Biden administration identified 10 prescription drugs it will target for direct price negotiations with producers.

The Street

Texas can now apply to import lower-priced Canadian medications

Texas joins a handful of states turn to the north for cheaper drugs. But feds have been slow to approve requests, three years after giving initial OK.

The Texas Tribune

CVS Launches Cordavis to Target Biosimilars Market

New CVS unit aims to cut your prescription costs by offering alternatives to branded drugs.

Kiplinger

Is Johnson & Johnson (JNJ) a Buy Before September Begins?

Pharma giant Johnson & Johnson (JNJ) has posted robust second-quarter results and raised its full-year outlook. Should investors look into the stock before September begins? Let’s look at its financial metrics to gauge its prospects….

StockNews.com

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Vivek Ramaswamy says he wants Elon Musk to be his presidential adviser

Republican candidate and biotech entrepreneur names Twitter CEO when asked about potential advisers should he win election

The Guardian - US

3 Biotech Stocks to Buy This Month and Beyond

Owing to the critical medical needs, the lookout for new technologies to deal with future advancements is at its peak. Breakthrough innovations, revolutionary treatments, and a booming industry align to make biotech stocks a potential goldmine for savvy investors. Therefore, it could be wise to invest in quality biotech stocks…

StockNews.com

3 Medical Stocks Dominating the Industry

Thanks to the non-cyclical nature and the increasing demand for healthcare services, the healthcare industry should continue to brave most market challenges. Hence, it could be an opportune time to explore dominating medical stocks: Elevance Health (ELV), Centene Corp. (CNC), and Molina Healthcare (MOH), which might garner substantial returns for…

StockNews.com

3 Pharma Stocks With Promising Pipelines

The pharma industry is anticipated to stay buoyed in the years to come with consistent medical breakthroughs and rising need to serve an aging population. Therefore, pharma stocks Johnson & Johnson (JNJ), Novartis AG (NVS), and Dr. Reddy's Laboratories (RDY), which possess promising pipelines, could be wise portfolio additions now.…

StockNews.com

Pfizer Inc. (PFE) vs. Teva Pharmaceutical Industries (TEVA): Which Stock is the Better Growth AND Value Buy?

The pharmaceutical sector appears to be in a favorable position for sustained long-term expansion. While leading pharma stocks Pfizer (PFE) and Teva Pharmaceuticals (TEVA) should benefit from the industry tailwinds, let us analyze which is the better buy for Growth and Value.

StockNews.com

These Are The 5 Best Stocks Of The Year; Some You May Not Recognize

Reata Pharmaceuticals stock gained 345% this year through Friday and is a top 2023 stock.

Investors Business Daily

FTSE 100 bosses ‘given average pay rise of £500,000 in 2022’

CEOs received average increase of 16% while pay of many working for them failed to keep up with inflation

The Guardian - UK

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Newsroom.co.nz

Buy-now-pay-later closure hits unfunded medicines

Businesses relying on the popular but contentious payments model are finding their operations increasingly difficult to stack up, reports Andrew Bevin.

StockNews.com

Catalyst Pharmaceuticals (CPRX): Is Now the Time to Buy This Pharma Stock?

Catalyst Pharmaceuticals (CPRX) reported robust second-quarter results, with its topline reaching an all-time high. Does that mean it's time to buy the pharma stock now? Let’s look at its financial metrics to gauge its prospects….

Investors Business Daily

Regeneron Hits A New Record High On The Approval That 'Could Not Come Soon Enough'

Shares of REGN stock jumped Monday after the FDA approved Regeneron Pharmaceuticals' high-dose Eylea following a delay this summer.

Salon

Big Pharma’s playbook for expensive meds

Here are just a few of the many examples of drug pricing practices that have driven consumers to demand change

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Investors Business Daily

Covid Vaccine Rally Dashed As Pfizer, Moderna Give Back Gains On Eris' Advance

Pfizer stock and Moderna stock dipped Friday — giving back some of their late Thursday gains on an upswing related to their updated Covid shots.

The Guardian - US

What is the abortion case in front of the US supreme court right now?

On Tuesday the justices heard oral arguments on a rightwing effort to roll back access to a key abortion pill

StockNews.com

Walgreens Boots Alliance (WBA), CVS Health (CVS), and Rite Aid (RAD): Buy, Hold or Sell?

With rising healthcare spending, the drugstore industry is poised to witness solid growth amid heightened demand. As a result, leading industry players CVS Health (CVS), Walgreens Boots Alliance (WBA), and Rite Aid (RAD) stand to benefit. However, should you Buy, Hold, or Sell these stocks? Keep reading to find out.

Investors Business Daily

CVS Health Dives As Blue Shield Of California Taps Mark Cuban, Amazon In Challenge To PBM Model

Blue Shield of California will end its CVS Health prescription benefit management contract and tap Amazon to replace it.

Newslaundry

NDTV’s Jan Vishwas Act debate: Viewers should know if panelists have conflict of interest

Over the last decade, I have been advocating for revamping drug regulatory laws in India. I have encountered much opposition in the process – some from the pharmaceutical industry and a lot more from public health activists working on access to medicine, many of whom look at quality and price…

StockNews.com

Which of These 3 Pharma Stocks Are a Buy?

The pharma industry is expected to experience substantial growth in the coming years with expanding global medical needs. So, which of these pharma stocks, Ipsen (IPSEY), Collegium Pharmaceutical (COLL), and SNDL (SNDL), are a buy now? Keep reading.

Investors Business Daily

How The Weight-Loss Frenzy Drove Cardinal Health Into A Breakout — Briefly

Cardinal Health topped Wall Street's expectations on Tuesday and CAH stock briefly broke out before sliding below its 50-day line.

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