Agreement will help prepare for future outbreaks and push vaccine towards regulatory approval Gavi, the Vaccine Alliance and Merck Sharp & Dohme, a subsidiary of Merck & Co (known as MSD outside the US and Canada) have signed an agreement…
Gilead Sciences ($GILD) already reaps billions from its hep C meds Sovaldi and Harvoni, but the company isn't content to sit back with the status quo. It's prepping a new hep C combo for FDA approval and recently got a…
Shire ($SHPG) has offered up a new bid for elusive target Baxalta ($BXLT) that's more or less what the Illinois drugmaker has been looking for, reports say. But that doesn't mean Baxalta isn't exploring its other options. The Baxter ($BAX)…
The agreement's been made: The boards at Pfizer ($PFE) and Allergan ($AGN) have ratified a megamerger--worth about $160 billion--that will create the world's biggest pharma company and send Pfizer overseas, the companies announced on Monday. At, $363.63 a share, the…
Novartis AG ADR (NYSE:NVS) has announced that its drug, Tasigna, has shown to be beneficial for the treatment of Parkinson’s disease based on results from a small-size early stage study. Tasigna is a drug approved for the treatment of leukemia.…
U.S. prices for the world's 20 top-selling medicines are, on average, three times higher than in Britain, according to an analysis carried out for Reuters. The finding underscores a transatlantic gulf between the price of treatments for a range of…
In what has turned into a legal trifecta for Pfizer, it has won the dismissal of a lawsuit that claimed the use of the antidepressant Zoloft during pregnancy caused birth defects in a child. The decision comes after Pfizer has…
Last week, Valeant ($VRX) CEO J. Michael Pearson wrote a letter to worried employees explaining that Isuprel and Nitropress--two meds that have drawn the company into the drug-pricing spotlight because of recent price hikes--don't contribute to its growth plans. What…
New findings from NASA's Mars Reconnaissance Orbiter (MRO) provide the strongest evidence yet that liquid water flows intermittently on present-day Mars. Using an imaging spectrometer on MRO, researchers detected signatures of hydrated minerals on slopes where mysterious streaks are seen…