Teva Pharmaceuticals to buy Teva pharmaceutical,xeric,for $5.8 billion
Teva announced it will buy Tevas Pharmaceuticals for $5 billion on Monday, and that it plans to pay $2.4 billion in cash for the stock.Teva shares fell 2.7% after the deal was announced.Tevas CEO Andrew Kress said the company will continue to focus on its primary focus, including expanding the value of its patient-centered care […]
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What is the difference between Boehringer Ingelheim and Pfizer?
Posted October 25, 2018 07:06:22The new Bayer, the world’s biggest pharmaceutical company, has been in a frenzy.With the acquisition of Boehninger Ingels, Bayer has made an effort to diversify its portfolio and, as a result, it is now offering two new drugs for people who suffer from asthma.One of the drugs, Asthma Treatment Plus, is […]
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Why it’s important to know your drugs
AUGUSTA, Maine (Reuters) – As the pharmaceutical industry fights off a series of new FDA regulations that would limit the price of some medicines, companies are trying to keep up with the pace of the competition and improve quality.A new study by researchers at the University of Maine shows that the pace is slowing down, […]
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How to buy stock at an ‘overvalued’ company
The stock market’s valuation is based on the expectation of a company’s future earnings, but it also factors in the impact of a drug’s price on its market value.The latest edition of Forbes’ stock market report, released on Monday, shows that the stock market is undervalued by a whopping $6.4 billion in 2018.Here’s how you […]
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Japan’s Acelrx Pharmaceuticals on the brink of bankruptcy, saying it is under pressure from U.S. regulators
Japanese drugmaker Acelrx is preparing to file for bankruptcy protection as the U.K. government and U.A.E. regulators ramp up pressure on it over allegations of misconduct and inflated profits.The Japanese pharmaceutical giant says it’s losing money on a $3.7 billion deal to supply medical devices to the U,A.A., and UNAIDS.In the latest move, Acelrex on […]
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Pfizer to cut 300 jobs, trim 500 employees, move operations from Texas to China
PEPPERTON, Texas — Pfizer is reducing its corporate headquarters in Fort Worth and moving its headquarters to a new location in China, the company announced Monday.The news comes after Pfizer announced earlier this month that it would shutter all of its U.S. and international manufacturing operations, including its $2.7 billion plant in Dallas and its […]
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How to buy a blockbuster drug for your brain
The most common prescription drugs for people with Alzheimer’s disease are now approved to treat symptoms such as memory loss, mood changes and depression, with the hope that by stopping them, their symptoms will be treated sooner.While the medications are being used to help patients with mild cognitive impairment or mild cognitive dysfunction, they’re also […]
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Concordia Pharmaceuticals, Ko Da Pharmaceuticals stock surges, capping strong start to the year
Posted September 11, 2019 07:07:53The company that launched its first drug in 2016 has a new drug in the pipeline and has had a record first-quarter profit for the third quarter of 2019, which was up 23% from the year before.The Concordia pharmaceutical company is the largest publicly traded pharmaceutical company in the U.S., with […]
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The best drugs for treating depression and anxiety: a review
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Lexicon pharmaceutical’s AZT drug is safe for use in Europe
LAS VEGAS — Lexicon Pharmaceuticals, the drug maker that makes Zentalis, said on Tuesday it will begin selling its Zentalisol drug in Europe, a move that comes as European regulators are investigating its safety.The company said it will sell the drug to pharmacies in the United Kingdom, France, Germany, Italy and Spain and expects to […]
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