Philips Warns Weaker Quarterly Sales, Profit Hit By Sleep Device Write-down
Koninklijke Philips NV (NYSE:PHG) said it expects third-quarter group sales to be approximately €4.3 billion with a comparable sales decline of…
Roche To Introduce Next-Generation Portfolio Of COVID-19 Rapid Tests
Roche Holdings AG (OTC:RHHBY) has announced the launch of its next-generation portfolio of COVID-19 rapid antigen tests (2.0) for self-testing and…
Boeing Reports Increased Orders, Deliveries In September
Boeing Co’s (NYSE:BA) deliveries rose in September to 51 airplanes, while orders rose by 90. Last month, Boeing had 51 new…
With Meaningful Upside, This Cancer Stock Earns Analyst Upgrade
BMO Capital Markets upgraded Seagen Inc (NASDAQ:SGEN) from Market Perform to Outperform with a price target of $178 from $177, saying the…
Gilead’s Trodelvy Under FDA Review For Pre-Treated HR+/HER2- Metastatic Breast Cancer
The FDA has accepted for review Gilead Sciences Inc’s (NASDAQ:GILD) Trodelvy (sacituzumab govitecan-hziy) for unresectable locally advanced or metastatic hormone receptor…
FDA Highlights Quality Check Issues At Eli Lilly’s New Jersey Manufacturing Site
An inspection in July by the FDA revealed several issues surrounding quality control at Eli Lilly And Co's (NYSE: LLY) manufacturing site in Branchburg, NJ.
Illumina Inks AI Pact With AstraZeneca To Accelerate Drug Target Discovery
Illumina Inc (NASDAQ:ILMN) entered a strategic research collaboration with AstraZeneca plc (NASDAQ:AZN) on drug target discovery. Financial and other details of the partnership…
Cocrystal Pharma Advances One Of Its COVID-19 Antiviral Treatment Candidate
Cocrystal Pharma Inc (NASDAQ:COCP) selected CDI-988 for clinical development as an oral treatment for COVID-19. CDI-988 targeted a highly conserved…
Merck Collaborates Ginkgo Bioworks to Improve Active Pharmaceutical Ingredient Manufacturing
Ginkgo Bioworks Holdings Inc (NYSE:DNA) collaborated with Merck & Co Inc (NYSE:MRK) to engineer up to four enzymes for use as biocatalysts in…
Bank of England Steps In Again To Provide Some Cushion To Dysfunctional Government Bond Market
The Bank of England said it would buy more government bonds to help keep its price stable and prevent investors from selling them, which could put some pension funds at risk of collapse.