The Latest Breaking News on Pharma

Tornado damage to Pfizer plant unlikely to cause major drug supply shortages, FDA says

A tornado that tore through eastern North Carolina and struck a large Pfizer pharmaceutical plant has damaged its drug storage facility but not its medicine production areas

The Independent UK · Jul 22, 2023

Abbott’s COVID-19 test sales dive by nearly 90%

Abbott Laboratories’ sales of COVID-19 tests fell by a whopping 89% during the second quarter of this year compared with the same time last year — a drop that comes as the world attempts to move on from the pandemic.

Chicago Tribune · Jul 20, 2023

Are These 3 Medical Stocks a Safe Investment?

The future of the medical devices and equipment industry looks buoyant, given rising chronic conditions and the adoption of advanced technology. Given this backdrop, would it be prudent for investors to buy medical stocks, Terumo Corporation (TRUMY), Haemonetics Corp. (HAE), and MiMedx Group (MDXG)? Read more to find out….

StockNews.com · Jul 20, 2023

FDA issues recall for 348,616 Medtronic defibrillators over potential cardiac arrest risk

The U.S. Food and Drug Administration issued its most serious type of recall for 348,616 Medtronic defibrillators, saying they are at risk for delivering "a reduced-energy shock or not shock at all," which could lead to cardiac arrest for a patient.

Tribune News Service · Jul 19, 2023

What you need to know about the drug price fight in those TV ads

In recent months ominous ads about prescription drugs have flooded the TV airwaves. Perhaps by design, it’s not always clear who’s sponsoring the ads or why.

Tribune News Service · Jul 18, 2023

Pascal Soriot of AstraZeneca: ‘The climate crisis is a health crisis’

The man who led the drive to create a not-for-profit Covid vaccine is now focusing on the deaths caused by global heating and pollution

The Guardian - UK · Jul 18, 2023

Cheaper TB drugs for millions after global deal on patent rights agreed

Johnson & Johnson allows generic bedaquiline in 44 countries – but concerns remain about ‘stopgap’ solution

The Guardian - UK · Jul 18, 2023

2 "B" Rated Medical Stocks to Buy Today, 1 to Closely Watch

The medical industry is well-positioned for growth due to increased healthcare spending, an aging population, and the rise in lifestyle-related diseases. To that end, it could be wise to buy fundamentally strong medical stocks Medifast (MED) and Zynex (ZYXI). On the other hand, Herbalife (HLF) could be added to one’s…

StockNews.com · Jul 17, 2023

GOP presidential hopeful Vivek Ramaswamy lists Senators Ted Cruz and Mike Lee as possible Supreme Court picks

A biotech entrepreneur and Republican presidential hopeful says he'd consider Sens. Ted Cruz of Texas and Mike Lee of Utah among several possible conservative candidates should he get to nominate someone to the U.S. Supreme Court

The Independent UK · Jul 17, 2023

GOP presidential hopeful Vivek Ramaswamy lists Senators Cruz, Lee as possible Supreme Court picks

A biotech entrepreneur and Republican presidential hopeful says he'd consider Sens. Ted Cruz of Texas and Mike Lee of Utah among several possible conservative candidates should he get to nominate someone to the U.S. Supreme Court

The Independent UK · Jul 17, 2023