Tag: arena pharmaceuticals stock
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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How a big pharma stock has grown to more than $US50 billion
Australian multinationals have jumped to a record high after a blockbuster drug company acquired a small Australian rival to its blockbuster drugs.Key points:The Pharmaceutical Benefits Scheme is a government program that offers drug makers incentives for developing new medicinesA new group of drugs has hit the market in the hope of helping patients with cancerA […]
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