Biotech and Pharmaceuticals

A hotly debated lung cancer drug cut the risk of death by 34% in a late-stage trial in

Piotr Swat | Lightrocket | Getty ImagesAn experimental lung cancer drug from Akeso and Summit Therapeutics reduced the risk of death by 34% in a closely watched late-stage trial, according to results released Sunday. When combined with…

Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest outlook

Albert Bourla, CEO of Pfizer, speaking on Squawk on the Street at the World Economic Forum in Davos, Switzerland on Jan. 20, 2026.Oscar Molina | CNBCPfizer on Tuesday reported fourth-quarter results that topped estimates even amid…

Trump announces deals with Eli Lilly, Novo Nordisk to slash weight loss drug prices,

U.S. President Donald Trump attends an event to make an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025. Jonathan Ernst | ReutersPresident Donald Trump on Thursday announced deals with Eli…

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. View Press | Corbis News | Getty ImagesPfizer on Tuesday hiked its full-year adjusted profit guidance on its cost cuts and strong business…

CVS is under pressure and considering a break up. Here's why that could be risky

A sign outside of a CVS pharmacy store on February 07, 2024 in Miami, Florida. Joe Raedle | Getty ImagesIt's time for a wellness check at CVS Health.Shares of the company are down more than 20% this year as it grapples with…

FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be

Aug 22, 2024

The Food and Drug Administration on Thursday approved updated Covid vaccines from Pfizer and Moderna, putting the new shots on track to reach most Americans in the coming days amid a summer surge of the virus. The jabs target a strain…