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...Professor Sarah Kreps, director of the Tech Policy Institute at Cornell University, said the principle of “Made in America” would be a hallmark of the Biden administration’s polices....
...It is struggling to raise enough funding for clinical trials, because metformin is a generic drug, so offers insufficient profit to pharmaceutical companies....
...Moderna: The pharmaceutical group will hold its annual investor day, when shareholders will be keen to learn more about how it plans to grow its business beyond the Covid-19 pandemic....
...America....
...The pharmaceutical company’s market capitalisation recently overtook Tesla thanks to investor enthusiasm over Mounjaro’s success. Earnings are expected to decrease by three cents to $2.11 a share....
...Pharma: Pharmaceutical groups Bristol Myers Squibb, Regeneron and AbbVie will also report earnings before the market opens....
...The US market is the engine of the global pharmaceutical industry. Its exceptionally high drug prices help deliver as much as three-quarters of the sector’s global profits....
...Friday’s decision comes after the state of New Hampshire failed in its bid to receive FDA permission because it did not identify a pharmaceutical wholesaler which could deliver the drugs....
...Gilead Sciences fell 10.5 per cent after the pharmaceutical company said its treatment for lung cancer failed to improve the survival of patients in its latest trial....
Drug developers raised $6bn in January, helped by a rebound in merger activity
...In contrast, pharmaceutical companies raised just $160mn for antibiotic research, a decline over the decade. Commercial activity and research in antibiotics have been in decline since the 1980s....
...It was unbelievable,” said Alisha Alaimo, Biogen’s North America head....
...By the mid-1800s, the US bracketed the landmass called North America....
...Large drugmakers have also underperformed, with the S&P 500 pharmaceutical sub-index heading for its worst performance relative to the broader S&P 500 in at least 20 years....
...An unanticipated boom in demand from China, Latin America, the Middle East and north Africa for alteplase, an off-patent drug used to treat strokes, has led to a shortage of supplies, according to Torsten...
Americans’ interest in vaccinations has flagged despite efforts to boost uptake of latest jab
...US bank earnings: Bank of America is forecast to report an increase in revenue thanks in part to higher interest payments on loans and credit cards....
...Yellow Wood Partners specialises in consumer industry and has previously acquired Unilever’s low-cost shampoo and moisturiser brand, Suave, in North America, as well as footcare brand Scholl from Reckitt...
...Pfizer, the pharmaceutical group, is challenging an Oregon shareholder proposal at the SEC. The company declined to comment....
...The warmer than usual start to winter has also driven ice cover to its lowest level for 50 years in North America’s Great Lakes....
...There she set up a post office box for a California-based pharmaceuticals company....
Analysts anticipate that Ozempic and Wegovy will hurt sales at some groups as patients reduce calorie intake
...Chinese pharmaceutical companies are hoping to enter the market by developing domestic versions of the drugs. Obesity treatments could bring down overall healthcare costs in the US....
...When it comes to drug spending, there is one 500lb gorilla in the room: America....
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