A vial and a medical syringe seen displayed in front of the U.S. Food and Drug Administration and Moderna biotechnology company’s logos. Pavlo Gonchar | LightRocket | Getty Images Moderna has officially submitted its updated Covid vaccine for FDA approval. The biotech company is targeting the omicron subvariant XBB.1.5, which is currently the dominant strain …
Respiratory syncytial virus vial. Manjurul | Istock | Getty Images Vaccinating one million adults aged 65 and above with a single shot of the respiratory syncytial virus (RSV) vaccine from Pfizer or GSK may significantly reduce hospitalizations during two seasons of the virus, according to an analysis conducted by researchers at the University of Michigan …
During morning trading on April 10, 2023, traders can be seen working on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images The Biden administration is facing legal action from the pharmaceutical industry’s largest lobbying group, along with two other organizations, over Medicare’s new authority to lower drug prices for …
A healthcare professional in Los Angeles prepares a flu vaccine shot for a local resident. Xinhua News Agency | Getty Images A committee advising the Centers for Disease Control and Prevention (CDC) has recommended that adults aged 60 and above consult their doctors and receive a single dose of RSV vaccines from Pfizer and GSK. …
A Potential Breakthrough: Pfizer’s Ongoing Research on Respiratory Syncytial Virus Vaccines Image Source: Hailshadow | Istock | Getty Images Pfizer reported a slight decrease in the efficacy of their respiratory syncytial virus (RSV) vaccine for adults over the age of 60 after 18 months, based on the results of a recent clinical trial. The trial, …
Exciting Advances in Respiratory Syncytial Virus Vaccine Research Image Source: Hailshadow | Istock | Getty Images – GlaxoSmithKline announced today that their respiratory syncytial virus (RSV) vaccine for adults aged 60 and older has proven effective over two RSV seasons. According to recent data from a phase three clinical trial, a single dose of the …
In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023 in Los Angeles, California. Mario Tama | Getty Images Novo Nordisk filed lawsuits on Tuesday against five medical spas and wellness clinics for allegedly selling unauthorized, cheaper versions of their weight loss drugs, Ozempic and Wegovy. …
If someone were to inform me that esteemed companies like Estee Lauder (EL) or Danaher (DHR) have not only missed their quarterly targets once, but twice, I would have suggested they seek a mental evaluation. These companies are known for consistently surpassing expectations, which is why it is challenging to accurately assess their value at …
In a noteworthy development, the U.S. Food and Drug Administration (FDA) has selected Pfizer, Moderna, and Novavax as the manufacturers for the next round of COVID-19 booster shots. This decision sets the stage for a competitive race among the vaccine makers as they strive to deliver their new jabs by fall. The FDA has advised …
David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC Eli Lilly announced on Tuesday that it has entered into a strategic deal valued at $2.4 billion to acquire Dice Therapeutics . This strategic move will strengthen Eli Lilly’s treatment portfolio for immune-related diseases. The deal will involve Eli Lilly acquiring Dice Therapeutics at a price …