Month: October 2021
Why do companies in the Midwest continue to invest in biotech?
This story has been updated to include the following statement from Purdue Pharma: We’re grateful for the support and encouragement of our customers, our stakeholders, our community, our shareholders and the broader community that has helped us realize our vision of bringing innovative new therapies to people with cancer.Purdue Pharma is committed to delivering the […]
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How Mirum Pharmaceuticals is going to be the next big pharma company
Mirum is an Indian drug company that has a global scope.It has an armada of over 50,000 employees, and has been in the Indian pharmaceutical market for about a decade.The company was acquired by Syngenta for $1.7 billion in 2012. Mira is the largest generic drugmaker in India, and it has been aggressively expanding its global […]
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AZ doctor charged with conspiring to sell fentanyl to Mexican cartels
A doctor in Arizona who allegedly pleaded guilty to conspiring to import fentanyl into the United States from Mexico is facing federal charges.The Associated Press reported Friday that Dr. Anthony P. Garcia-Sanchez, 59, pleaded guilty in federal court to one count of conspiracy to import a controlled substance, as well as one count each of […]
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Why the Merck stock plunge is a sign of good things to come for pharmaceuticals
It’s a good sign for the stock market that the stock has begun to recover from the massive drop of around $13 per share last year, and that the pharmaceutical industry is back on track, even if it’s not yet as strong as it once was.The company’s stock fell as much as 6% after reports […]
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Top 5 New Companies to Watch: Analysts Expect More Industry-Related Drops to Fuel Growth
Analysts are expecting more companies to be on the market for the foreseeable future.For the first time, they’re predicting that more companies will be added to the market than have already been added.In the first half of this year, analysts at Bank of America Merrill Lynch expect more than 500 companies to enter the market, […]
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How to use the stock exchange
The value of Gilead’s stock has risen since the end of the year, while the value of the company’s drugs has also risen since then. Gilead has increased its share price by more than 20% since the start of the financial year, from $10 to $21, and by a further 25% since early February, when it […]
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Why you should consider buying Dicernas drug stock
The Dicenas drug company has had a tough few months with a number of drugs going into the market that were not as anticipated.As part of its ongoing turnaround, Dicertas is also working to get rid of some older, non-essential products that are no longer necessary.Dicerca Pharmaceuticals has been doing the same for some of […]
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How to Invest in the Pharma Industry That Could Save You $100,000 a Year
Newsweek is an American online news and information website published by Newsweek Media Inc. and owned by Time Inc. Newsweek’s articles are produced by Newsweek News Corporation and edited by Jim O’Brien.The content of the articles is intended to be for general informational purposes only and does not necessarily reflect the opinions of Newsweek, Time […]
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How to avoid the anti-vaccine conspiracy theory
A few weeks ago, a new anti-vaxxer conspiracy theory began to pop up on Facebook and Twitter.The story is that there are some vaccine manufacturers and distributors who have been paid by governments to distribute vaccines to their own customers.According to the theory, these vaccine distributors have been making huge profits by promoting vaccines to […]
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Which Companies Have the Best Stock Prices?
Pharmaceutical companies are the industry leader in revenue and profits.According to the Federal Trade Commission (FTC), pharmaceutical companies earn $1.6 trillion in sales and $5.9 trillion in net income annually.Their revenue exceeds the gross domestic product (GDP) by about $6 trillion a year, which is roughly equivalent to about 9.7% of the economy.In addition to […]
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