Shares of Chinese drugmakers and face mask-makers surged on Monday morning amid rising considerations over an outbreak of coronavirus spreading to extra cities within the nation. Jiangsu Sihuan Bioengineering, Shandong Lukang Pharmaceutical and Shenzhen Neptunus Bioengineering all noticed their shares surge by about 10%, their day by day motion restrict. Meanwhile, shares of face […]
Tag: Biotech and Pharmaceuticals
Chris Collins sentenced to 26 months for insider trading tip
A disgraced and extremely emotional former New York congressman Chris Collins was sentenced Friday to 26 months in jail for an unlawful inventory tip that he gave his son from the White House garden a couple of biopharmaceutical firm’s failed drug trial. The sentence from Judge Vernon Broderick in U.S. District Court in […]
Former GOP Rep. Chris Collins set to be sentenced in insider trading case
Disgraced former Rep. Chris Collins is about to be sentenced Friday within the insider-trading case that led him to surrender his seat in Congress. U.S. Judge Vernon Broderick is scheduled to ship Collins’ sentence at 2:30 p.m. ET in federal court docket in decrease Manhattan. Federal prosecutors need Broderick to condemn Collins to […]
600 HealthHUBs will be opened by the end of 2020
CVS Health CEO Larry Merlo told CNBC Monday that the health retailer is on track to meet its goal of rehabbing more than one thousand of its stores and said the chain is seeing positive early results. CVS launched three of its HealthHUB concept stores in the Houston, Texas region near the end of 2018 […]
GlaxoSmithKline CEO seeks FDA approval for ‘at least’ six drugs in 2020
GlaxoSmithKline has made innovation its top priority as the drugmaker seeks to land federal approval of six drugs within the next 12 months, CEO Emma Walmsley told CNBC on Monday. Performance and trust round out the balance of GSK’s main priorities in 2020 as the British company labors to make advancements in treatments for a […]
Sentence recommendation for Rep. Chris Collins in insider trading case
Former U.S. Rep. Chris Collins (R-NY) exits federal court on October 1, 2019 in New York City. Collins announced his resignation from Congress on Monday. Drew Angerer | Getty Images Federal prosecutors on Monday urged a judge to sentence former Rep. Chris Collins, a New York Republican, later this week to nearly five years in […]
Novartis strikes deal with UK to provide cholesterol drug to high-risk patients
A technician at the Novartis Institutes for BioMedical Research in Cambridge, Massachusetts. David L. Ryan | The Boston Globe | Getty Images Pharmaceutical giant Novartis has reached a deal with the U.K. government to provide its late-stage cholesterol drug, inclisiran, to patients at high risk of a heart attack, the company announced Monday. The drug, […]