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Incyte misses quarterly profit estimates due to higher costs

Incyte Corp on Tuesday
reported fourth-quarter profit below Wall Street estimates, hit
by higher costs related to its products such as skin disorder
drug Opzelura and forecast weak sales for its lead...

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Exscientia fires CEO after probe over relationship with two employees

British biotech Exscientia Plc
said on Tuesday it had dismissed CEO Andrew Hopkins
after an investigation found that his relationship with two
employees was inconsistent with the company's standards...

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US FDA Puts Hold on Gilead's Blood Cancer Therapy Trials

Gilead Sciences said on Wednesday the U.S. Food and Drug Administration had put a hold on trials testing the company's blood cancer drug following increased risk of patient...

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US FDA puts hold on Gilead's blood cancer therapy trials

The company will stop testing the drug, magrolimab, for all blood cancers and will review its safety across other studies such as those in patients with colon and breast cancers. Gilead gained access to the drug through its $4.9 billion purchase of Forty Seven Inc in 2020. An analysis of a late-stage trial and other studies showed an increased risk of death, the company said, adding it also showed that the drug was unlikely to succeed in the trials.

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US FDA puts hold on Gilead's blood cancer therapy trials

US FDA puts hold on Gilead's blood cancer therapy trials
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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US FDA puts hold on Gilead's blood cancer therapy trials

(Removes reference to Eli Lilly in last paragraph) (Reuters) -Gilead Sciences said on Wednesday the U.S. Food and Drug Administration had put a hold on ...

Bengaluru , Karnataka , India , Eli-lilly , Innovent-biologics , Sriraj-kalluvila , Khushi-mandowara , Drug-administration , Gilead-sciences , Reuters , Forty-seven-inc ,

Xylem beats quarterly estimates on strength in water infrastructure unit

Xylem beats quarterly estimates on strength in water infrastructure unit
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Merck to buy Elanco Animal Health's aqua business for $1.3 billion

(Reuters) -Merck said on Monday would buy Elanco Animal Health's aqua business for $1.3 billion in cash, strengthening its portfolio of aquatic pet health products. Share of Elanco rose more than 7% to $15.8 in premarket. Merck's animal health unit had acquired fish health product maker Scan aqua and fish conservation monitoring equipment makers Vaki and Antelliq Corp in 2019.

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Merck to buy Elanco's aqua health business for $1.3 billion

(This Feb. 5 story has been corrected to say that the business being sold includes aquatic livestock products, not just aquatic pet products, in paragraph ...

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Cigna raises 2024 profit view, beats Q4 earnings estimates on lower costs

Health insurer Cigna Group
raised its 2024 profit forecast on Friday after
lower-than-expected medical costs and strong demand in its
pharmacy benefit management unit helped it beat...

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