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Biogen Inc

GEHC gives reasons to look beyond temporary China woes and shares reverse higher

by Shawn Butlere
GEHC gives reasons to look beyond temporary China woes and shares reverse higher

GE Healthcare on Wednesday morning reported a mixed second quarter and shares initially moved sharply lower. The stock then reversed higher as the post-earnings call got underway. Management made it …

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Categories Health

Biogen Eisai Alzheimer’s drug Leqembi rejected by European regulator

by Adrian Jhonsan
Biogen Eisai Alzheimer’s drug Leqembi rejected by European regulator

European drug regulators on Friday rejected the Alzheimer’s treatment Leqembi from Biogen and Eisai, creating another hurdle for the companies as they scramble to boost uptake of the therapy in …

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Categories World

FDA approval of Eli Lilly’s Alzheimer’s drug cements our decision not to take profits

by Shawn Butlere
FDA approval of Eli Lilly’s Alzheimer’s drug cements our decision not to take profits

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Rally …

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Categories Health

Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

by Shawn Butlere
Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

Eli Lilly ‘s raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. The numbers leave little doubt that the long-term Eli Lilly …

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Categories Health

Eli Lilly Alzheimer’s drug FDA approval delayed

by Shawn Butlere
Eli Lilly Alzheimer’s drug FDA approval delayed

Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly & Co.’s shares climbed in early US trading after its experimental drug for Alzheimer’s slowed the …

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Categories Health

Alzheimer’s drug Leqembi launch, Apple Vision Pro nausea

by Shawn Butlere
Biogen Eisai Alzheimer’s drug Leqembi rejected by European regulator

Good afternoon! The launch of the closely watched Alzheimer’s drug Leqembi is off to a slow start. Still, demand for the treatment from Biogen and its Japanese partner Eisai is rising. …

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Categories Health

5 things to know before the stock market opens Monday

by James Odonell
5 things to know before the stock market opens Monday

1. Record run Here are the most important news items that investors need to start their trading day: The S&P 500 closed above 5,000 on Friday for the first time …

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Categories Politics

Biogen (BIIB) earnings Q4 2023

by Shawn Butlere
Biogen (BIIB) earnings Q4 2023

Biogen on Tuesday reported fourth-quarter revenue and profit that shrank from a year ago, as it recorded charges related to dropping its controversial Alzheimer’s drug Aduhelm and as sales slumped …

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Categories Health

Biogen drops Alzheimer’s drug Aduhelm to focus on Leqembi, others

by Shawn Butlere
Biogen drops Alzheimer’s drug Aduhelm to focus on Leqembi, others

The Biogen headquarters in Cambridge, Massachusetts, on Tuesday, Oct. 24, 2023. Vanessa Leroy | Bloomberg | Getty Images Biogen on Wednesday said it will discontinue the sale and development of …

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Categories Health

All the market-moving chatter from Wall Street Wednesday morning

by Albert Wagner
All the market-moving chatter from Wall Street Wednesday morning

(This is CNBC Pro’s live coverage of Wednesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Big Tech was the focus of …

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