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The Latest Breaking News on Pharma

Pharmacists ‘concerned’ over medicine shortages

More than half of those surveyed for the Pharmaceutical Journal believed patients had been put at risk in the last six months due to shortages.

The Independent UK

Judge: Walgreens contributed to San Francisco opioid crisis

A federal judge has ruled that Walgreens can be held responsible for contributing to San Francisco’s opioid crisis for over-dispensing opioids for years without proper oversight and failing to identify and report suspicious orders as required by law

The Independent UK

Walgreens played ‘substantial’ role in San Francisco opioid crisis, judge finds

The pharmacy chain failed to properly investigate suspicious opioid orders, according to federal ruling

The Guardian - US

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1 Biotech Stock Investors Will Want to Buy This Week

Gilead Sciences (GILD), a biopharmaceutical company, reported strong demand across its HIV portfolio and raised its full-year guidance. Given the company’s robust profitability and discounted valuation, we think it could be wise to buy the stock now. Read on….

StockNews.com

Exclusive-Rotavirus childhood vaccine shortage hits four African countries

Supplies of a vaccine to prevent the deadly rotavirus infection in children have either run out in Kenya, Tanzania, Senegal and Cameroon or are close to doing so, officials close to the roll-out told Reuters, after disruptions at drugmaker GSK.

Reuters

Why Avalo Therapeutics Surged 32%; Here Are 111 Biggest Movers From Yesterday

Gainers AeroClean Technologies, Inc. (NASDAQ: AERC) gained 60.1% to settle at $7.27 on Tuesday after the company was granted US patent for an air treatment system and method.

Benzinga

CORBEVAX booster shot approved for 18 years and above jabbed with Covaxin, Covishield

Corbevax booster for heterologous first has been approved by the Centre.Last month the National Technical Advisory Group on Immunisation (NTAGI) recommended Biological E's CORBEVAX as a heterologous booster for adults above 18 yrs old. Read more on Dynamite News:

Dynamite News

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White House announces steps to boost monkeypox vaccine supply

The FDA has issued emergency authorisation for a dosage technique that would allow more shots of vaccine per vial.

Al Jazeera

Recap of Tuesday's Biotech Catalysts - End Of the Day Summary

The U.S. Food and Drug Administration (FDA) has granted Fast Track designation to Relmada Therapeutics’ (NASDAQ:RLMD) lead asset REL-1017 as a monotherapy for the treatment major depressive disorder (MDD). Relmada shares traded in a range of $26.02 to $27.96 on a day volume of 173.79 thousand shares, closed regular trading…

Benzinga

Exelixis Stock Undercuts Key Line As Guidance Drags On Quarterly Beat

Exelixis easily beat second-quarter expectations, but kept its 2022 outlook and EXEL stock crumbled Wednesday.

Investors Business Daily

Drugmaker Gilead to help fund monkeypox education for LGBTQ+ groups

Drugmaker Gilead Sciences plans to announce on Tuesday that it will provide up to $5 million in grants to help a coalition of LGBTQ+ and human rights advocacy groups craft public health responses to monkeypox outbreaks, the company said.

Reuters

Key leprosy drug shortage in India is not of recent origin

Pharmaceutical pricing authority discussed issue in 2019, show documents

The Hindu

Ionis Sacrifices A Breakout; Quarterly Miss Outweighs Intact Guide

Ionis Pharmaceuticals kept its 2022 outlook intact Tuesday despite a broad second-quarter miss. But IONS stock tumbled.

Investors Business Daily

France to launch pilot vaccination scheme against monkeypox

Four French pharmacies will be authorised to vaccinate against monkeypox from Wednesday, according to the office of Health Minister François Braun.

Radio France Internationale

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AAP

Pfizer's Perth employees strike over pay

Pharmaceutical giant Pfizer is facing calls to improve its pay offer to manufacturing employees in Perth, who have walked off the job.

Axios

Trial seeks to develop first Lyme disease vaccine in 2 decades

The only Lyme disease vaccine previously marketed in the U.S. was discontinued in 2002.

Investors Business Daily

Why No. 1 Biotech Amphastar Crashed As Runaway Syndax Hit A Profit-Taking Zone

Top-ranked biotech stock Amphastar crashed Tuesday after the company received its second Food and Drug Administration rejection since June.

StockNews.com

2 Pharmaceutical Stocks That Could Outperform the Market in the Long Term

The pharmaceutical industry is growing rapidly with advancements in drug manufacturing and a paradigm shift to personalized medicines. Moreover, despite soaring prices, supportive fiscal policies are expected to keep consumer demand stable. Quality pharmaceutical stocks Pfizer (PFE) and Merck (MRK) have outperformed the broader market over the past year and…

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news in one place.

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The Guardian - AU

Blackmores subsidiary kept selling pregnancy vitamins despite hundreds of complaints, ex-employee alleges

Whistleblower says he was instructed to tell customers the products were safe to consume, despite lack of testing evidence

Investors Business Daily

BioNTech Dives As Pfizer Partner Reports Lagging Covid Vaccine Sales, Guidance

BioNTech lagged second-quarter expectations and issued light 2022 guidance on Monday, leading BNTX stock to dive.

Reuters

U.S. slams China's 'unacceptable' disruption in countering fentanyl

China's move to suspend cooperation with the United States to combat narcotics trafficking, including illicit fentanyl, is "unacceptable," the White House said on Monday, as Beijing continued to protest a visit to Taiwan by U.S. House Speaker Nancy Pelosi.

Investors Business Daily

Why Pfizer's $5.4 Billion GBT Takeover Is 'Mutually Beneficial'

Pfizer inked a $5.4 billion deal Monday to buy Global Blood Therapeutics, confirming rumors that sent GBT stock skyrocketing last week.

The Independent UK

BioNTech reports strong first half, expects demand to grow

BioNTech, which teamed with Pfizer to develop the first widely used COVID-19 vaccine, has reported higher revenue and net profit in the first half of the year

The Independent UK

Republicans condemned for striking down insulin cap in major Biden legislation: ‘Shame on you’

‘How many people have to die from insulin rationing before they stop blocking action?’

Benzinga

LEXX: Put Your Drinks Up! Four Deals Signed in June

By John Vandermosten, CFA NASDAQ:LEXX READ THE FULL LEXX RESEARCH REPORT

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