Schott Pharma made its highly anticipated debut on the Frankfurt stock exchange, exceeding expectations of analysts and investors alike. The company’s shares started trading at an impressive 30 euros per share, resulting in a significant 10% increase within the first few minutes. Prior to its IPO, Schott Pharma set the final offer price at 27 …
In this photo illustration, Farxiga is made available to customers at the New City Halsted Pharmacy on August 29, 2023 in Chicago, Illinois. Scott Olson | Getty Images AstraZeneca, Bristol Myers Squibb and Boehringer Ingelheim confirmed their participation in the inaugural Medicare drug price negotiations despite previously filing a lawsuit last month. Among the first …
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023. George Frey | Reuters According to a new analysis released Wednesday by Trilliant Health, U.S. health care providers have written over nine million prescriptions …
A Miami man has pleaded guilty in federal court to distributing adulterated HIV drugs dispensed to U.S. patients. Miami Herald | Tribune News Service | Getty Images A Miami man pleaded guilty to distributing approximately $25 million worth of misbranded and adulterated HIV drugs to unsuspecting patients through pharmacies across the United States, according to …
A worker holds a bottle of Merck & Co.’s molnupiravir antiviral medication in a warehouse in Shoham, Israel, on Jan. 18, 2022. Bloomberg | Bloomberg | Getty Images A recent study released on Monday has raised concerns about the widely used antiviral Covid pill developed by Merck. The study, published in the scientific journal Nature, …
In this aerial image, damage is seen to a Pfizer pharmaceutical factory after a tornado hit the facility two days earlier, on July 21, 2023 in Rocky Mount, North Carolina. Sean Rayford | Getty Images Pfizer on Monday said it has restarted most production lines at a drug manufacturing plant that was severely damaged by …
Covid-19 home test kits are featured in a captivating display during the ongoing Covid-19 pandemic in New York City’s Manhattan borough. The image, taken on January 19, 2022, depicts the impact and relevance of these tests in the current crisis. Image Credit: Carlo Allegri | Reuters In response to the escalating presence of Covid-19 across …
Michael Nesterov | Istock | Getty Images A federal jury in Miami has convicted a Florida nurse practitioner of health-care conspiracy and other charges for her involvement in a scheme that defrauded Medicare of hundreds of millions of dollars. Elizabeth Hernandez, 45, has been found guilty by jurors after a trial that lasted several days. …
There’s Eli Lilly (LLY), and then there’s everybody else. That’s a simple way to describe the performance of the Club’s health-care holdings so far this year, in what’s been a challenging period for the industry overall. Of the 11 market sectors year to date, health care is the fourth worth-worst performer, falling 4%, followed by …
Thousands of healthcare workers march down Vermont to call for the urgent need for improved working conditions, better support systems, and increased investment in the healthcare workforce at Kaiser Permanente Los Angeles Medical Center in Hollywood on Monday, Sept. 4, 2023, in Los Angeles, CA. Dania Maxwell | Los Angeles Times | Getty Images Over …