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Adamis Pharmaceuticals stock up 8.7% to $11.04 on earnings report

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Adare Pharmaceuticals, a privately held biopharmaceutical company, is set to become the latest pharma company to report financial results after it reported an increase in its net profit for the fourth quarter.The company reported an operating profit of $1.5 billion for the quarter, which is up from $1 billion a year earlier.Adare reported revenue of […]

Which pharmaceutical companies are the most profitable in the world?

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The most profitable companies in the global pharmaceutical industry are based in China, according to a new report released Tuesday.The research firm IHS Markit, which is based in New York, has compiled a list of the world’s 100 most profitable pharmaceutical companies based on gross profits.Among the top 10 were AstraZeneca ($1.8 billion), Bristol-Myers Squibb […]