Novartis Lawyer Leaves Company Due to Michael Cohen Payment
In a statement released on Wednesday, Swiss drug manufacturing company Novartis AG (NYSE:NVS) announced that one of its lawyers will be leaving the company due to the companies recent agreement with Michael D. Cohen —US President ... [Read]
AveXis Inc to be Acquired by Novartis AG – Shares Skyrocket
Shares of the gene therapy company, AveXis Inc. (Nasdaq:AVXS) skyrocketed after it was announced today that the company would be bought Novartis AG (NYSE:NVS), a drug manufacturing company. According to the press release, Novartis will ... [Read]
Teva Pharmaceutical Industries Reportedly to Fire 1,700 Workers in Coming Months
It has been reported that Teva Pharmaceutical Industries (NYSE:$TEVA) is forecasted to fire roughly 1,700 workers in the coming months as part of the Israeli drug manufacturer’s streamlining plan that aims at hitting back at ... [Read]
U.S. Regulators Approve Digital Pill That Tracks When People Take It
That’s one small step for man, one giant leap for healthcare and technology. On Tuesday, the FDA announced that it has approved the first digital pill that has a sensor to track if patients are ... [Read]
Pfizer Inc. Developing 15 New Drugs That Could Be Approved For Sale By 2020
Pharmaceutical company Pfizer Inc. (NYSE:$PFE) saw its revenue increase in its latest quarter as the drug manufacturer says it forecasts more product launches in the next several years combined with fewer drug-exclusivity losses. Ian Read, ... [Read]
California Judge Throws Out $417M Cancer Verdict Against Johnson & Johnson
Have you heard the latest in the drug manufacturers industry? A California judge on Friday, October 20, threw out a $417 million verdict against pharmaceutical company Johnson & Johnson (NYSE:$JNJ) in a lawsuit by a ... [Read]
Bayer Funds $100 Million for Agri-Biotech Startup
Bayer AG (NASDAQ:$BAYRY) is one of the world’s largest agricultural chemical companies. Recently, the company joined a $100 bet that the next breakthrough in crop fertilizers will be found inside a biological Petri dish. Specifically, ... [Read]
Glaukos Corp Lowers Revenue Expectation, 16-Quarter Streak Coming to an End?
Glaukos Corp. (NASDAQ:$GKOS) is a medical device manufacturer with an eye on glaucoma. The company’s shares are plundering 16.7% today, after management made some adjustments to this year’s total revenue expectations. The company’s glaucoma-relieving iStent ... [Read]
Teva Pharmaceutical Shares Surged Today, Here’s Why
On Monday, September 11, after Teva Pharmaceutical announced that it had officially filled its open CEO seat, shares of the pharmaceutical company increased 18%. What Happened? The Israel-based company disclosed today that it has hired ... [Read]
Adamas Pharmaceuticals’ Stock Skyrockets After its Drug Gocovri Gain FDA Approval
Drug manufacturer and research company Adamas Pharmaceuticals (NASDAQ:$ADMS) saw its shares rise on Friday, August 25th. The rise can largely be attributed to the fact that the U.S. Food and Drug Administration (FDA) granted approval ... [Read]