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Pharmaceuticals

Biotech to test new therapy for stroke

by Shawn Butlere
Biotech to test new therapy for stroke

By Kris B. Mamula, Pittsburgh Post-Gazette A 3-year-old Sewickley, Pennsylvania, biotech firm is partnering with a Boston hospital to test a new drug combination, which has the promise of helping …

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Categories Health

Alphabet CFO Anat Ashkenazi jumps from GLP-1 boom to generative AI

by Ev Richard
Alphabet CFO Anat Ashkenazi jumps from GLP-1 boom to generative AI

Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly Alphabet’s outgoing finance chief, Ruth Porat, spent the past year and a half trying to help …

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Categories Technology

A long-awaited birth control option for men may be closer to reality

by Shawn Butlere
A long-awaited birth control option for men may be closer to reality

By Brenda Goodman | CNN After decades of false starts, researchers say they are finally making progress on a long-acting and reversible birth control option for men. The experimental product …

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Categories Health

MDMA therapy, conceived in the Bay Area, gets first regulatory test — and commercialization

by Shawn Butlere
MDMA therapy, conceived in the Bay Area, gets first regulatory test — and commercialization

Rick Doblin first dreamed of the therapeutic potential of the psychedelic drug MDMA in a hippie house in downtown Santa Cruz, in an era when fears of bad trips and …

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Categories Health

GSK plunges after U.S. court makes Zantac ruling

by Shawn Butlere
GSK plunges after U.S. court makes Zantac ruling

Company logo of pharmaceutical company GlaxoSmithKline is seen at their Stevenage facility, Britain October 26, 2020.  Matthew Childs | Reuters LONDON — Shares of British pharmaceuticals giant GSK plunged 9% …

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Categories Health

FDA approves Moderna RSV vaccine for seniors

by Shawn Butlere
FDA approves Moderna RSV vaccine for seniors

The FDA has approved Moderna’s RSV vaccine for older adults. Courtesy: Moderna The Food and Drug Administration on Friday approved Moderna’s vaccine for respiratory syncytial virus for adults ages 60 …

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Categories Health

Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

by Milton Acorn
Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

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. Market …

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Categories Science

Ro launches GLP-1 supply tracker to help patients navigate shortages

by Shawn Butlere
Ro launches GLP-1 supply tracker to help patients navigate shortages

GLP-1 Supply Tracker from Ro.  Courtesy: Ro Telehealth company Ro on Wednesday launched a new tracker to help patients find a popular class of weight loss and diabetes drugs called …

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Categories Health

Eli Lilly big GLP-1 investment — plus, CRM, BBY, FL, COST earnings next week

by Shawn Butlere
Eli Lilly big GLP-1 investment — plus, CRM, BBY, FL, COST earnings next week

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street was bouncing …

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Categories Health

This up-and-coming cancer treatment could be a $25 billion market opportunity

by Shawn Butlere
This up-and-coming cancer treatment could be a  billion market opportunity

Skynesher | E+ | Getty Images Big pharma is betting billions on an up-and-coming class of cancer treatments that some on Wall Street are calling a “massive opportunity.” It’s called …

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Categories Health
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