Latest Pharmaceutical manufacturing News

Indian Prime Minister Narendra Modi speaks from the ramparts of the historic Red Fort monument on Independence Day in New Delhi, India, Saturday, Aug. 15, 2020. (AP Photo/Manish Swarup)

India to invest $1.46 trillion to lift virus-hit economy

Aug. 15, 2020 5:35 AM EDT

NEW DELHI (AP) — India’s prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion in infrastructure projects to boost the sagging economy. The key lesson India learned from the pandemic is to become self-reliant in manufacturing and...

Public officials disinfect a church as a precaution against the coronavirus in Seoul, South Korea, Friday, Aug. 14, 2020. South Korea reported over 100 new virus cases Friday, one of its biggest daily jumps in months, as officials express concerned that infections are getting out of control in cities as people increasingly venture out in public. (Han Jong-chan/Yonhap via AP)

The Latest: S Korea fears infections getting out of control

Aug. 14, 2020 10:14 PM EDT

SEOUL, South Korea — New coronavirus cases in South Korea have reached the highest level in five months, and authorities fear infections are getting out of control in the Seoul region, which is home to half the country’s 51 million people. Officials reported 166 newly confirmed cases Saturday. That...

A medical worker gives coronavirus vaccine candidate to a volunteer during a trial at a community health center in Bandung, West Java, Indonesia, Friday, Aug. 14, 2020. Indonesia's only vaccine production company has started this week a so-called phase 3 clinical trials to test a potential coronavirus vaccine developed by a Chinese company. (AP Photo/Kusumadirezza)

Indonesia takes part in late-stage China vaccine trial

Aug. 14, 2020 5:53 AM EDT

JAKARTA, Indonesia (AP) — More people in Indonesia rolled up their sleeves Friday to test a potential coronavirus vaccine developed by a Chinese company. The Indonesian government announced the partnership between state-owned enterprise Bio Farma and the Chinese company Sinovac BioTech in early July. As...

A passenger wearing a face mask to help curb the spread of the coronavirus is disinfected her hand before getting on a trolley bus in Pyongyang, North Korea, Thursday, Aug. 13, 2020. (AP Photo/Jon Chol Jin)

The Latest: S Korea concerned as new cases spike above 100

Aug. 13, 2020 10:23 PM EDT

SEOUL, South Korea — South Korea is reporting 103 new coronavirus cases. It is one of the country’s biggest daily jumps in months, and officials are expressing concern that infections are getting out of control in the capital of Seoul and other major cities as Koreans increasingly venture out in...

A man wearing a face mask to protect against the coronavirus sits in front of a mural at a shopping and office complex in Beijing, Tuesday, Aug. 11, 2020. Mainland China and semi-autonomous Hong Kong saw declines in their recent outbreaks Tuesday. (AP Photo/Mark Schiefelbein)

The Latest: Seattle schools to start with remote teaching

Aug. 12, 2020 10:38 PM EDT

SEATTLE — The Seattle school board has voted unanimously to begin the academic year with remote teaching only. The Seattle Times reports the state’s largest school district approved the plan Wednesday. The remote learning plan passed with a wide-ranging amendment from school board members that...

FILE - In this June 30, 2020 file photo, a woman wearing a mask passes a sign for Wall Street during the coronavirus pandemic. The S&P 500 is trading above its record closing high Wednesday, Aug. 12,  after a rebound for stocks helped the index erase the last of the historic losses taken due to the pandemic. The index was up 1.6% in afternoon trading, with big technology stocks once again leading the way.   (AP Photo/Mark Lennihan, File)

How can Wall Street be so healthy when Main Street isn't?

Aug. 12, 2020 5:51 PM EDT

NEW YORK (AP) — The stock market is not the economy. Rarely has that adage been as clear as it is now. An amazing, monthslong rally means the S&P 500 is roughly back to where it was before the coronavirus slammed the U.S, even though millions of workers are still getting unemployment benefits and...

In this May 2020 photo provided by Eli Lilly, researchers prepare cells to produce possible COVID-19 antibodies for testing in a laboratory in Indianapolis. Antibodies are proteins the body makes when an infection occurs; they attach to a virus and help it be eliminated. (David Morrison/Eli Lilly via AP)

Companies test antibody drugs to treat, prevent COVID-19

Aug. 12, 2020 3:05 PM EDT

With a coronavirus vaccine still months off, companies are rushing to test what may be the next best thing: drugs that deliver antibodies to fight the virus right away, without having to train the immune system to make them. Antibodies are proteins the body makes when an infection occurs; they attach to a virus...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Aug. 12, 2020. Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. (AP Photo/Eugene Hoshiko)

Shares mostly lower in Asia after retreat on Wall Street

Aug. 12, 2020 12:07 AM EDT

Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. Tokyo’s Nikkei 225 index edged higher while the Shanghai Composite sank 2%. Overnight, a late slide in big technology companies left indexes broadly lower on Wall Street, breaking a seven-day winning...

People wearing face masks to protect against the coronavirus ride an escalator past a sign of a nail salon at a shopping and office complex in Beijing, Tuesday, Aug. 11, 2020. Mainland China and semi-autonomous Hong Kong saw declines in their recent outbreaks Tuesday. (AP Photo/Mark Schiefelbein)

The Latest: China's community virus cases hit single digits

Aug. 11, 2020 11:03 PM EDT

BEIJING — China’s newly confirmed community transmitted cases of coronavirus fell into the single digits on Wednesday, while Hong Kong saw another 33 cases of infection. The National Health Commission said all nine new cases were found in the northwestern region of Xinjiang, whose capital Urumqi...

Nautilus, HD Supply rise; Uber, Inovio fall

Aug. 11, 2020 4:23 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: Uber Technologies Inc., down $1.06 to $31.21. A judge ordered the ride-hailing giant and its competitor Lyft to treat their California drivers as employees, not independent contractors. Occidental Petroleum Corp., down $1.32 to...