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Gilead stock falls after lung cancer study results disappoint - Vimarsana News

Gilead stock falls after lung cancer study results disappoint

Gilead will discuss the results with regulators and identify whether certain lung cancer patients may still benefit from the drug, known as Trodelvy.

Eli Lilly shares rise on new DTC service for drugs. Cramer says hold on - Vimarsana News

Eli Lilly shares rise on new DTC service for drugs. Cramer says hold on

The latest catalyst for Eli Lilly is a corporate decision more common in the retail and entertainment industries, not pharmaceuticals.

Source: cnbc.com
US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery - Vimarsana News

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

The U.S. Food and Drug Administration approved nearly 50% more novel drugs in 2023 than in 2022, putting it back on pace with historical levels, an improvement analysts and investors said could lead to increased investment in biotech firms. FDA nods for innovative therapies containing an active ingredient or molecule not previously approved, rose to 55 in 2023, up from 37 in 2022 and 51 in 2021. Historical data shows the FDA typically green lights about 45-50 new drugs a year and hit a peak of 59 in 2018.

Source: yahoo.com
US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery - Vimarsana News

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

By Manas Mishra and Pratik Jain (Reuters) - The U.S. Food and Drug Administration approved nearly 50% more novel drugs in 2023 than in 2022, putting i...

Source: wsau.com
US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery - Vimarsana News

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

By Manas Mishra and Pratik Jain (Reuters) - The U.S. Food and Drug Administration approved nearly 50% more novel drugs in 2023 than in 2022, putting it ...