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Pfizer Inc

Biden administration asserts power to seize drug patents

by Merchant Moller
Biden administration asserts power to seize drug patents

President Joe Biden speaks about protecting Social Security, Medicare, and lowering prescription drug costs, during a visit to OB Johnson Park and Community Center, in Hallandale Beach, Florida, on Nov. …

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Jim Cramer says some investors are headed for a ‘nasty hangover’

by Merchant Moller
Jim Cramer says some investors are headed for a ‘nasty hangover’

CNBC’s Jim Cramer on Monday suggested that investors are not buying with a clear head and are choosing too many poorly-performing stocks. “I saw a hammered market, a market where …

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Free ChatGPT may incorrectly answer drug questions, study says

by Margaret Jenner
Free ChatGPT may incorrectly answer drug questions, study says

Harun Ozalp | Anadolu | Getty Images The free version of ChatGPT may provide inaccurate or incomplete responses — or no answer at all — to questions related to medications, …

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Pfizer weight loss pill joins list of obesity drug flops

by Mark McDuffie
Pfizer weight loss pill joins list of obesity drug flops

Sopa Images | Lightrocket | Getty Images Pfizer’s twice-daily version of its experimental weight loss pill has now joined a long list of other scrapped drugs that aimed to treat …

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Why Pfizer’s stumble in the obesity market is a boon for Eli Lilly

by Merchant Moller
Why Pfizer’s stumble in the obesity market is a boon for Eli Lilly

Pfizer (PFE) has suffered another setback in its efforts to develop a weight-loss pill — and that’s good news for Club holding Eli Lilly (LLY) as it looks to maintain …

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Pfizer to discontinue twice-daily version of weight loss pill

by Mark McDuffie
Pfizer to discontinue twice-daily version of weight loss pill

Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost weight but had trouble tolerating the …

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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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U.S. Covid shot rates are low and it will be a challenge to boost them

by Merchant Moller
U.S. Covid shot rates are low and it will be a challenge to boost them

A sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | Reuters Three years into the Covid-19 pandemic, few Americans are …

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Diversification is crushing investors. Will 2024 be different?

by Merchant Moller
Diversification is crushing investors. Will 2024 be different?

In 2023 true diversification killed you. If you chose to buy stocks across a wide swath of sectors —financials, retailers, drugs, foods, utilities, autos, airlines and oils — and your …

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Tim Cook, Elon Musk, Steve Schwarzman spotted

by Merchant Moller
Tim Cook, Elon Musk, Steve Schwarzman spotted

Top business leaders in the U.S. meet Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023. Eamon Javers, CNBC Correspondent Apple CEO Tim Cook, Tesla chief Elon …

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