WATCH LIVE The Biden administration plans to end the Covid public health emergency this spring, as the U.S. shifts away from responding to the pandemic as a national crisis and instead manages the virus more like a seasonal respiratory disease. The White House, in a […]
Month: January 2023
Pfizer expects 2023 sales to decline as much as 33% compared with record-breaking 2022
WATCH LIVE In this article PFE Pfizer on Tuesday issued sales guidance of $67 billion to $71 billion for 2023, a decline from its record-breaking 2022 results. The pharmaceutical company booked $100.3 billion for full-year 2022, an all-time high driven by more than $50 billion […]
Jim Cramer’s Investing Club meeting Tuesday: Caterpillar, J&J, Humana
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Opportunity to buy Caterpillar Confident in decision to buy Johnson Johnson Why buy ahead of an overhang? 1. Opportunity to […]
The end of the Covid health emergency won’t slow FDA clearance of shots and treatments
WATCH LIVE The Food and Drug Administration on Tuesday said its emergency authorizations of Covid vaccines, tests and treatments will not be impacted by the end of the public health emergency this spring. President Joe Biden is planning to terminate in May the public health […]
The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion
WATCH LIVE In this article PFE The ongoing Covid-19 pandemic propelled pharmaceutical company Pfizer’s earnings to a record $100 billion last year, almost $57 billion of which was driven by its vaccine and antiviral pill Paxlovid, the company reported Tuesday. The vaccine accounted for $37.8 […]
Pfizer expects 2023 sales to decline by as much as 33% compared with record-breaking 2022
WATCH LIVE In this article PFE Pfizer on Tuesday issued sales guidance of $67 billion to $71 billion for 2023, a decline from its record-breaking 2022 results. The pharmaceutical company booked $100.3 billion for full-year 2022, an all-time high driven by more than $50 billion […]
Google’s ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep biotech investments
On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. Tasked with reviewing the biotech industry and suggesting investments that would benefit […]
FDA proposal would allow gay men in monogamous relationships to donate blood
“Maintaining a safe and adequate supply of blood and blood products in the U.S. is paramount for the FDA, and this proposal for an individual risk assessment, regardless of gender or sexual orientation, will enable us to continue using the best science to do so,” […]
CDC urges people with weak immune systems to take extra precautions after Covid subvariants knock out Evusheld
The Centers for Disease Control and Prevention on Friday urged people with weak immune systems to take extra precautions to avoid Covid after the dominant omicron subvariants knocked out a key antibody treatment. These precautions include wearing a high quality mask and social distancing when […]
Jim Cramer’s Investing Club meeting Thursday: Stocks rise, Eli Lilly, Meta
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Continue to be cautious Buy Eli Lilly Meta needs more cost cuts 1. Continue to be cautious Stocks edged up […]