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The Latest Breaking News on Pharma

Abbott to Exit Mainland Chinese Baby Formula Market by 2023

American health-care giant cites shrinking market share amid stiff competition but will expand other businesses including diagnostics, devices and pharmaceuticals

Caixin Global

2 Stocks Poised to Crush the Market Again in 2023

While the moderate inflation rate for November has boosted investor sentiment and may have paved the way for lower interest rate hikes from this month, Fed’s recent comments suggest that the target interest rate may be a bit further ahead. Hence shares of fundamentally strong businesses with robust demand, such…

StockNews.com

Group of Dail politicians calls on Government to consider legalising cannabis

The Oireachtas Justice Committee examined the possible legalisation of some drugs

Irish Mirror

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The 3 Best Stocks to Gift Yourself This Holiday Season

With the Labor Department reporting slower inflation in November and optimism about a reduced magnitude of interest rate hikes, investors are anxiously awaiting a year-end rally. Therefore, fundamentally strong stocks Pfizer (PFE), Murphy USA (MUSA), and Berry Corporation (BRY) could be solid investments now. Keep reading….

StockNews.com

Strep A: Competition regulator launches probe into price of antibiotics

Pharmacies have complained they are facing financial ruin amid claims that wholesalers have vastly inflated prices due to demand

Evening Standard

Why Cytokinetics Is Soaring After A 'Bruising' FDA Meeting For Its Heart Drug

A "bruising" FDA meeting for Cytokinetics was actually a blessing in disguise, an analyst said Wednesday as CYTK stock surged.

Investors Business Daily

WHO chief hopes COVID will no longer be emergency next year

World Health Organization chief Tedros Adhanom Ghebreyesus said on Wednesday he is "hopeful" that the COVID-19 pandemic will no longer be considered a global emergency some time next year.

Reuters

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UK watchdog investigates rise in antibiotics prices amid strep A outbreak

Competition and Markets Authority gathering evidence after drug companies accused of inflating prices

The Guardian - UK

Small Biotech Kymera Just Snagged Sanofi's Interest — Here's Why

Kymera unveiled promising results for its skin-disease treatment on Wednesday, snagging interest from Sanofi and sending KYMR stock flying.

Investors Business Daily

Covid vaccine concerns were overblown, says AstraZeneca boss as he is knighted

Sir Pascal Soriot was speaking after he was knighted by the King at Windsor Castle on Wednesday.

The Independent UK

DeSantis demands COVID vax grand jury

Doctors "outraged" after DeSantis pushes investigation and truther panel to refute CDC public health guidance

Salon

Strep A cases in your area as UK infections rise 30 per cent

Infections have been found around the country, as authorities warn parents to be vigilant

The Independent UK

The Strep A nightmare shows we are sitting on an antibiotic timebomb

It is something of a horror story. Children are getting sick with a perfectly treatable illness but parents are struggling to get their hands on the right drug — penicillin, no less — and some are dying. People are visiting eight, nine pharmacies and travelling to different cities to fill…

Evening Standard

Has Moderna successfully developed a personalised vaccine against melanoma? Maybe

Moderna has partnered with another drug company to produce a personalised vaccine against melanoma for people at risk of dying.

The New Daily

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Investors Business Daily

Moderna Stock Shows Surprising Strength; Key Rating Upgraded

A Relative Strength Rating upgrade for Moderna stock shows improving technical performance.

Manchester Evening News

Pharmacist 'turning unwell children away' as 'demand for Strep A antibiotic outstrips supply'

“I had a young girl who was autistic, five-years-old, come into my pharmacy with a Strep A throat infection and we haven’t got the antibiotics in. Her father is now going from pharmacy to pharmacy to find the right antibiotics for his daughter"

The Independent UK

China reduces COVID-19 case number reporting as virus surges

China’s National Health Commission is scaling down its daily COVID-19 report in response to a sharp decline in PCR testing since the government eased anti-virus measures after daily cases hit record highs

Bangkok Post

Govt calls on firms to log sodium cyanide stocks

The Department of Industrial Works (DIW) has told at least 141 companies to register their stock of poisonous sodium cyanide, widely used in mining and as a pesticide, by Thursday.

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The Independent UK

Ron DeSantis appeals to anti-vaxxers by calling for grand jury to investigate effects of Covid vaccines

The Republican Florida governor has stoked Covid vaccine skepticism with calls for a criminal investigation

Chicago Sun-Times

Northwestern surgeon’s ex-biz partner charged with defrauding medical device business they launched

Mark Alan Schwartz and Northwestern University chief of plastic surgery Dr. Gregory Dumanian formed 2 companies to develop the surgeon’s invention for the market. On Tuesday, Schwartz pleaded not guilty to federal charges.

Orlando Sentinel

DeSantis announces grand jury to investigate ‘wrongdoing’ around COVID-19 vaccines

ORLANDO, Fla. — Gov. Ron DeSantis on Tuesday vowed to hold accountable people in Florida who committed “wrongdoing” in relation to COVID-19 vaccines, announcing he plans to ask the Supreme Court of Florida to impanel a statewide grand jury to investigate.

Irish Mirror

Up to 1,000 jobs to be created at Galway pharma firm that developed inhaled Covid vaccine

Aerogen has grown its workforce by 500 in the past couple of years

Investors Business Daily

AstraZeneca Stock Hits New Relative Strength Highs, Reaches Buy Zone

AstraZeneca is breaking out on the strength of its relative strength highs and as profits continue to grow.

StockNews.com

4 Pharmaceutical Stocks You Can Always Rely On

The pharmaceutical industry is well-positioned to witness substantial growth, driven by the prevalence of chronic diseases, the aging population, and increased healthcare spending. Given the industry’s promising growth prospects, we think it could be wise to invest in fundamentally sound pharmaceutical stocks Johnson & Johnson (JNJ), Merck & Co (MRK),…

StockNews.com

3 Biotech Stocks to Help You Build a Healthy Portfolio

Biotech industry played a vital role amid the pandemic and continues to witness solid demand amid rising medical needs and chronic diseases. Investor sentiment toward biotech stocks is robust. As biotech is considered a defensive sector against market downturns, investors might buy quality biotech stocks Gilead Sciences (GILD), Biogen (BIIB),…

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