Latest Pharmaceutical manufacturing News
Newmont, ConocoPhillips fall; Moderna, Cowen rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: AstraZeneca Plc., down 44 cents to $65.51. The pharmaceutical company is buying drug developer TeneoTwo. Newmont Corp., down $1.46 to $59.71. The gold...
Germany's CureVac files suit against vaccine rival BioNTech
BERLIN (AP) — German biotech company CureVac said Tuesday it has filed a patent infringement lawsuit against rival BioNTech for work that it says contributed to the development of the BioNTech-Pfizer coronavirus vaccine. BioNTech said its work is original and it would “vigorously” contest the...
Monkeypox cases triple in Europe, WHO says, Africa concerned
LONDON (AP) — The World Health Organization's Europe chief warned Friday that monkeypox cases in the region have tripled in the last two weeks and urged countries to do more to ensure the previously rare disease does not become entrenched on the continent. And African health...
McConnell warns Dems of fallout for reviving Biden bill
WASHINGTON (AP) — Senate Republican leader Mitch McConnell threatened Thursday to derail a bill designed to boost semiconductor manufacturing in the United States if Democrats revive their stalled package of energy and economic initiatives. The rejuvenation of the Democratic...
Tweaked COVID boosters in US must target newer omicron types
U.S. regulators told COVID-19 vaccine makers Thursday that any booster shots tweaked for the fall will have to add protection against the newest omicron relatives. The Food and Drug Administration said the original vaccines would be used for anyone still getting their first series of...
EU regulator considers clearing smallpox shot for monkeypox
LONDON (AP) — The European Medicines Agency says it will begin reviewing data to decide if a smallpox vaccine made by the pharmaceutical company Bavarian Nordic might also be authorized for monkeypox, amid a growing outbreak of the disease across the continent. In a statement on...
EU regulator authorizes COVID shot made by France's Valneva
LONDON (AP) — The European Medicines Agency said Thursday it is recommending the authorization of the coronavirus vaccine made by French pharmaceutical Valneva, making it the sixth shot given the green light in Europe. The EU drug regulator said in a statement that it had cleared...
Former pharma employee admits role in insider trading scheme
NEWARK, N.J. (AP) — A former communications director at a pharmaceutical company has pleaded guilty in what authorities said was an insider trading scheme involving a breast cancer drug. Lauren Wood pleaded guilty Wednesday in Newark to one count of securities fraud and is...
Supreme Court rejects Bayer's bid to stop Roundup lawsuits
WASHINGTON (AP) — The Supreme Court has rejected Bayer's appeal to shut down thousands of lawsuits claiming that its Roundup weedkiller causes cancer. The justices on Tuesday left in place a $25 million judgment in favor of Edwin Hardeman, a California man who says he developed...
Court rejects Trump-era EPA finding that weed killer safe
WASHINGTON (AP) — A federal appeals court on Friday rejected a Trump administration finding that the active ingredient in the weed killer Roundup does not pose a serious health risk and is “not likely” to cause cancer in humans. The 9th U.S. Circuit Court of Appeals ordered the...
