Dow falls ahead of Powell speech; Tesla shares boost NasdaqPowell's speech will be closely watched for signs of a slowdown in the pace of interest rate hikes by the central bank, as well as to asses...
30 Nov, 2022, 09.53 PM IST
New Alzheimer drug 'lecanemab' by Eisai Co and Biogen shows positive results but......, read what study saysThe ‘Eisai’ and ‘Biogen’ drug slowed cognitive decline in study participants, but many experienced brain bleeds, swelling, or other side ef...
30 Nov, 2022, 07.12 PM IST
US stock market: Dow Jones, Nasdaq end down sharply, hit by Apple and China worriesShares of the Cupertino, California tech giant lost 2.6% and weighed heavily on the benchmark S&P 500 index as worker unrest at the world's...
29 Nov, 2022, 06.53 AM IST
Wall St losses limited as Amazon gains on upbeat Cyber MondayThe Dow Jones Industrial Average fell 71.1 points, or 0.21%, at the open to 34,275.91
28 Nov, 2022, 10.10 PM IST
Nasdaq leads Wall Street lower after hawkish Fed commentsThe Dow Jones Industrial Average was down 7.84 points, or 0.02%, at 33,740.02
14 Nov, 2022, 10.32 PM IST
Biogen halves price of Alzheimer's drug to $28,200Biogen's $56,000 per year treatment price for an average weight person was seen as a significant cost burden on Medicare, which covers more...
20 Dec, 2021, 08.50 PM IST
Warren Buffett's Berkshire pares drug holdings, sheds Axalta, BiogenIn the second quarter, Berkshire said it exited a $180 million stake in Biogen Inc and reduced investments in Abbvie Inc, Bristol-Myers Squ...
17 Aug, 2021, 08.49 AM IST
Nasdaq, S&P 500 scale new peaks as jobs recovery gains tractionData showed fewer weekly jobless claims pointed to a steady recovery in the labor market.
25 Jun, 2021, 12.00 AM IST
Wall Street ekes out gains to close languid weekThe Nasdaq gained the most among the three major indexes, while the bellwether S&P 500 squeaked its way to a second straight record closing...
12 Jun, 2021, 10.39 AM IST
Dow Jones flat as investors await US inflation dataInvestors remained on the fence ahead of key inflation data later this week.
07 Jun, 2021, 09.33 PM IST
GSK, Vir Biotech to expand COVID-19 research partnership for other diseasesAs a part of the deal to research and develop monoclonal antibody treatments for influenza and other respiratory illnesses, GSK will make a...
17 Feb, 2021, 06.47 PM IST
FDA panel reviews first new Alzheimer's drug in 2 decadesA panel of outside experts meets Friday to advise the Food and Drug Administration on aducanumab, a drug from Cambridge, Massachusetts-base...
06 Nov, 2020, 12.10 PM IST
Glenmark Pharma gets USFDA nod to market drug for relapsing multiple sclerosisDrug major Glenmark Pharma said it has received final approval from the US health regulator for Dimethyl Fumarate delayed-release capsules,...
07 Oct, 2020, 11.06 AM IST
Japanese shares snap 3-day losing streak as battered stocks bought backThe Nikkei share average rose 1.52 per cent to 19,429.44 after three straight sessions of losses.
23 Apr, 2020, 02.07 PM IST
Warren Buffett’s Berkshire raises stake in Biogen, KrogerBuffett’s company has been trimming its stakes in some major lenders to try to avoid crossing a 10% ownership threshold that often draws re...
16 Feb, 2020, 03.25 PM IST
Glenmark gets tentative nod from USFDA for generic multiple sclerosis treatment drugThese are generic version of Tecfidera Capsules, 120 mg and 240 mg, of Biogen Inc.
09 Oct, 2019, 01.00 PM IST
Why pharma may not fear the latest drug-price probeAs uncomfortable as it will be for the drugmakers, it may not result in much lasting damage.
20 Aug, 2017, 11.59 AM IST