Latest Medical biotechnology industry News

Take-Two, Lululemon fall; Jazz, BioMarin rise

Jan. 10, 2022 16:24 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Lululemon Athletica Inc., down $6.78 to $348.43. The athletic apparel maker warned investors that a surge in virus cases hurt its fourth-quarter financial results. ...

EU approves 5th COVID-19 vaccine for bloc, one by Novavax

Dec. 20, 2021 11:26 AM EST

THE HAGUE, Netherlands (AP) — The European Union’s executive branch on Monday authorized a fifth COVID-19 vaccine for use in the 27-nation bloc, giving the green light to the two-dose vaccine made by U.S. biotech company Novavax. The European Commission confirmed a recommendation...

NOT REAL NEWS: A look at what didn't happen this week

Dec. 10, 2021 13:49 PM EST

COVID-19 vaccines don’t cause immunodeficiency syndrome CLAIM: COVID-19 vaccines are causing a new illness called “VAIDS,” short for vaccine acquired immunodeficiency syndrome. THE FACTS: VAIDS is not a real condition, nor do COVID-19 vaccines cause a syndrome...

Former pharma exec, publicist charged with insider trading

Dec. 02, 2021 17:09 PM EST

NEWARK, N.J. (AP) — A former executive and and a former communications director at a New Jersey-based biopharmaceutical company used nonpublic information to illegally profit on sales of the company's stock shares, according to a federal criminal complaint unsealed Thursday. ...

Novavax asks EU drug regulator to OK its COVID vaccine

Nov. 17, 2021 09:48 AM EST

LONDON (AP) — The European Union's drug regulator said it received an application from Novavax to authorize the American biotechnology company's coronavirus vaccine, a request that could significantly boost the continent’s vaccine supplies if it's granted. In a...

WHO authorizes Indian-made COVID vaccine, months into use

Nov. 03, 2021 13:47 PM EDT

NEW DELHI (AP) — The World Health Organization granted an emergency use license Wednesday to a coronavirus vaccine developed in India, offering reassurance for a shot the country’s regulators allowed long before advanced safety and efficacy testing was completed. The...