Even as the president himself was revealed early Thursday to have tested positive for COVID-19, the administration of President Joe Biden is planning to overhaul the federal health department and Read more
Tag: Biotechnology
Bernstein still sees more pain ahead for stocks, until capitulation triggers bonafide rally next year
How bad is the mood out there right now? Try max bearish. So said Bank of America’s latest fund manager survey on Tuesday that showed expectations for profits and growth Read more
Celcuity stock soars after hours on breakthrough therapy designation for cancer drug
Shares of Celcuity Inc. CELC were up 17% at $10.80 after hours as the U.S. Food and Drug Administration granted Breakthrough Therapy designation for a cancer drug. The designation is Read more
U.S. COVID cases tick higher as BA.5 takes hold, and U.K. to offer second booster to those aged 50 and older
U.S. COVID cases are rising again after being steady for several months, as the BA.5 omicron subvariant becomes dominant. BA.5 is understood to be the most transmissible variant seen so Read more
U.S. COVID cases tick higher as BA.5 takes hold, and U.K. to offer second booster to those aged 50 and older
U.S. COVID cases are rising again after being steady for several months, as the BA.5 omicron subvariant becomes dominant. BA.5 is understood to be the most transmissible variant seen so Read more
Merck deal for Seagen unlikely to be finalized ahead of earnings later this month, sources say
Merck & Co.’s roughly $40 billion deal for Seagen Inc. is unlikely to be finalized ahead of the pharmaceutical giant’s earnings later this month, though the talks remain on track, Read more
25 million children at risk of getting dangerous but preventable illnesses amid steep backslide in vaccinations
The coronavirus pandemic has caused the biggest backslide in childhood vaccinations in about 30 years, putting some 25 million children at risk of contracting a dangerous but preventable disease, the Read more
25 million children at risk of getting dangerous but preventable illnesses amid steep backslide in vaccinations
The coronavirus pandemic has caused the biggest backslide in childhood vaccinations in about 30 years, putting some 25 million children at risk of contracting a dangerous but preventable disease, the Read more
Are you confused about BA.5 and the current state of the pandemic? Here’s how the experts are thinking about it.
The rapid growth of BA.5 — the most transmissible form of SARS-CoV-2 yet — is scrambling America’s plans to elegantly move to the next stage of the pandemic with the Read more
Investors piling into health-care ETFs points to defensive bets, ‘bottom-fishing’ in biotech
Hello! In this week’s ETF Wrap, health-care ETFs take the spotlight as investors get defensive amid recession fears. But inflows also show that some investors may be “bottom-fishing” for beaten Read more