A new study by researchers at Johns Hopkins University (JHU) suggests that investing in top pharmas is a better bet than most people think.The study, published in the journal PLOS One, shows that investors should target pharmaceuticals that have a long track record of success.Read more…A study by a team of scientists led by Prof. […]
The world’s largest drugmaker is getting its next CEO, according to the Wall Street Journal.The news was first reported by The Wall Street Journald.The announcement was made Wednesday morning by CEO and chairman Jeffry Shih in a news conference in the company’s Palo Alto, California headquarters.The paper notes that Prism was one of the earliest […]
Reuters/Reuters Pfizer Inc has reached a $4.4 billion agreement to sell its life-science medicine business to Aetnea Inc for $1.4 trillion, an acquisition that is expected to close by the end of the year.The deal is expected in the second quarter and could create a $1 trillion market for Pfizer Life Sciences.Pfizer is acquiring Aetnera, […]
SANFLAND, FL – JANUARY 01: Covis Pharma Group CEO, and co-founder, Professor David J. Cramer talks about the company’s upcoming announcement that Covis will phase its UK business out by the end of 2017.The company has been a leader in the global market for the delivery of high-quality medicines, but has been facing stiff competition […]
Novartis Pharmaceuticals has been the beneficiary of the continued strong performance of the company’s drug portfolio.Its stock is now up nearly 17% year-to-date on the strength of its drugs that are sold in the US.Novartas drug portfolio is worth $15.3 billion.The company’s pharmaceutical portfolio includes four of its most popular drugs, including Nexavar, which has […]
Pharma giant Pharma India has raised $2 billion in Series B funding, the company announced on Thursday.The investment is expected to close in the first half of the fiscal year 2018.The company is now expected to announce further financial results in the next few weeks.In its latest quarterly results, the global pharmaceuticals group reported a […]
If you’ve been living under a rock and don’t have access to fusion pharmaceutical coverage through your state or province, you’re not alone.There are some insurers that are offering coverage in 2018, but not everyone is.In the U.S., for example, all insurers must offer fusion coverage to cover all drugs on the market at the […]
US President Donald Trump is planning to expand access to medicines for the millions of people diagnosed with cancer by launching online pharmacies that can be accessed directly from the government’s own website. According to a report by The Associated Press (AP), the president plans to announce his plans for the healthcare initiative in a televised […]
In 2018, pharmaceutical scientist salaries rose 3% year over year to $130.3 million.The average salary for the position was $122,100 per year.The most common pharmaceutical scientist job type was chemical engineer.The median annual salary was $89,700.The job type that paid the most was biomedical engineering.In 2019, pharmaceutical scientists earned $85,300 more than they did in […]
Rigel, Inc. said Wednesday that it expects to report full-year results for the second quarter.The stock has gained 11.4% year-to-date and closed at $31.60 a share.In its most recent earnings report, Rigel said it had seen the biggest improvement in sales in seven years and the company’s first-quarter sales growth was the fastest in its […]