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Abbvie Inc

Big pharma Merck, Bristol Myers, J&J prepare to lose revenue

by Mark McDuffie
Big pharma Merck, Bristol Myers, J&J prepare to lose revenue

The New York Stock Exchange welcomes Johnson & Johnson (NYSE: JNJ) to the podium.  NYSE Big pharmaceutical companies such as Bristol Myers Squibb, Merck and Johnson & Johnson face a …

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J&J to acquire Ambrx Biopharma, a cancer drug developer, for $2B

by Margaret Jenner
J&J to acquire Ambrx Biopharma, a cancer drug developer, for B

An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on …

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Cramer names biopharma companies as industry mergers start to accrue

by Merchant Moller
Cramer names biopharma companies as industry mergers start to accrue

CNBC’s Jim Cramer on Friday pointed out the number of biopharma mergers and acquisitions that have closed or been announced over the last few months. He told investors to keep …

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Pfizer 2024 revenue, profit forecast disappoints

by Mark McDuffie
Pfizer 2024 revenue, profit forecast disappoints

Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street’s expectations, as it sees weak demand for its once-blockbuster Covid products.  Pfizer also raised …

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The top 10 things to watch in the stock market Monday

by Shen Ridenbaugh
The top 10 things to watch in the stock market Monday

The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high in the S & P 500 …

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AbbVie to acquire Cerevel Therapeutics for $8.7 billion

by Margaret Jenner
AbbVie to acquire Cerevel Therapeutics for .7 billion

A sign stands outside a Abbvie facility in Cambridge, Massachusetts, May 20, 2021. Brian Snyder | Reuters AbbVie on Wednesday said it will acquire neuroscience drugmaker Cerevel Therapeutics for roughly …

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Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen

by Merchant Moller
Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen

Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on May 21, 2021. Dado Ruvic | Reuters Biotech stocks rose Thursday as AbbVie announced …

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Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, Southwest

by Merchant Moller
Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, Southwest

Here are some of the tickers on my radar for Monday, Oct. 30, taken directly from my reporter’s notebook: Big Morgan Stanley note: Chief Investment Officer and Chief U.S. Equity …

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Drugmakers agree to Medicare drug price negotiations: What’s next

by Margaret Jenner
Drugmakers agree to Medicare drug price negotiations: What’s next

A pharmacist holds a bottle of the drug Eliquis, made by Pfizer Pharmaceuticals, at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters All drugmakers of the …

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Judge denies request to block

by Mark McDuffie
Judge denies request to block

A pharmacist holds a bottle of the drug Eliquis, made by Pfizer Pharmaceuticals, at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters A federal judge on …

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