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Tag: Biotech and Pharmaceuticals

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Novo Nordisk shares dive after heart medicine fails trial, dealing another blow to its pipeline

Shares of Novo Nordisk fell as much as 10% on Friday after the drugmaker said a late-stage heart drug trial failed to reduce major...

Here are 4 forces that drove a tough week for stocks

It was a tough week for stocks, as investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to...

The market for psychedelic drugs to treat mental health conditions gets a big buy signal

Psilocybin mushrooms stand ready for harvest in a humidified "fruiting chamber." John Moore | Getty ImagesThursday's announcement that Eli Lilly will acquire AtaiBeckley, a...

A tiny GLP-1 implant is the latest bet to help patients maintain their weight loss

Michael Siluk | UCG | Universal Images Group | Getty ImagesLosing weight with GLP-1 drugs is only half the battle. Keeping it off long...

AstraZeneca’s trial flop raises a bigger question: Is its pipeline premium becoming more vulnerable?

AstraZeneca's failed late-stage trial for Wainua was never expected to have a major financial impact on the company.Most analysts estimate the trial miss wiped...

Jim Cramer says this former Covid market darling is finally investable again

Moderna's expanding pipeline beyond infectious diseases is giving investors a new reason to own the stock after years of uncertainty following the Covid-19 pandemic,...

Seniors in Medicare are about to get landmark obesity drug coverage — but many may not know it yet

Injection pens for the weight loss treatment Wegovy, manufactured by Novo Nordisk A/S, on display during a news conference in Mumbai, India, June 24,...

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