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Health Care

Earnings preview: Celgene deal in focus as Bristol-Myers prepares for Q2 results

Bristol-Myers Squibb (NYSE: BMY) will be releasing its quarterly results amid growing skepticism over the planned acquisition of rival drugmaker…

Boston Scientific Q2 profit dips 72% but beats estimates

Boston Scientific Corporation (NYSE: BSX) reported a 72% dip in earnings for the second quarter due to higher costs and expenses…

Earnings: Alexion Pharma Q2 results top expectations; raises FY19 guidance

Alexion Pharmaceuticals (Nasdaq: ALXN) reported a 28% growth for its second-quarter earnings, helped by an increase in revenues. The results…

Edwards Lifesciences stock surges on Q2 earnings beat, raises 2019 outlook

Edwards Lifesciences (NYSE: EW) stock price increased 10% in the after-market trading as the second-quarter results surpassed estimates. In addition,…

Aethlon Medical earnings preview: Cash crunch at its peak ahead of Q4 results

Aethlon Medical (NASDAQ: AEMD) is trading near an all-time low as it heads towards its fourth-quarter financial results, slated for…

Pfizer secures FDA approval for oncology biosimilar Zirabev; stock gains

A day after appointing former FDA chief Scott Gottlieb to its board of directors, pharma giant Pfizer (PFE) said it…

What the future holds for generic drug industry

The size of the generic drug market in the US is so large that about 90% of all prescription medicines…

M&A alert: AbbVie agrees to acquire Allergan for $63 billion

Confirming reports published by Wall Street Journal earlier today, pharmaceutical giant Abbvie (NYSE: ABBV) said it would acquire Irish competitor…

Bristol-Myers lets go of psoriasis drug to save Celgene merger; stock falls

The planned merger between pharmaceutical firms Bristol-Myers Squibb Company (NYSE: BMY) and Celgene (CELG) - touted as a landmark deal…

DEEP FOCUS: Everything you need to know about GW Pharmaceuticals

Shares of GW Pharmaceuticals (NASDAQ: GWPH) have gained 72% in the year-to-date period, emerging as a new favorite among pot…

Ocular Therapeutix gains after FDA approves eye drug for additional indication

Ocular Therapeutix (Nasdaq: OCUL) staged a dramatic recovery Friday after receiving the FDA’s green signal for its ophthalmic drug DEXTENZA…

Chevron Phillips Chemical is looking to acquire Nova Chemicals

Chevron Phillips Chemical Company, a joint venture between Chevron Corp. (NYSE: CVX) and Phillips 66 (NYSE: PSX) is reportedly looking…

Earnings: Canopy Growth posts big Q4 miss, but investors remain stoic

Canopy Growth (NYSE: CGC) reported a loss of CAD 0.98 per share on revenues of CAD 94.1 million in the…

MediWound stock plunges to a record low on gloomy future

MediWound Ltd. (NASDAQ: MDWD) stock plunged to a record low of $3.52 on Tuesday. The future of the biopharmaceutical company…

Pharma stocks: Merck is on a buying spree

Several merger and acquisition deals are being announced in the healthcare sector, the most recent one being the acquisition of…

Earnings preview: Will Canopy Growth post upbeat Q4 2019 results?

Canopy Growth (TSX: WEED, NYSE: CGC) is scheduled to release its financial results for the fourth fiscal quarter of 2019…

Pfizer boosts oncology portfolio with $10-Bil acquisition of Array Biopharma

In a sign that the consolidation wave that swept in the pharmaceutical industry last year is likely to continue, Pfizer…

Abbvie’s oncology push makes it an attractive stock

Abbvie (NYSE: ABBV) is one of the worse performing pharma stocks in the trailing 12-month period. The stock has declined…

HEXO Corp (HEXO) disappoints in Q3

Late on Wednesday, HEXO Corp (TSX: HEXO; NYSE-A: HEXO) reported a basic net loss per share that widened to CAD…

Neptune Wellness posts wider losses in Q4, shares fall

Canadian producer of wellness products, Neptune Wellness Solutions (NASDAQ: NEPT), said its revenues fell 16% in the first quarter to…

Catalent stock soars to record high

Catalent Inc. (CTLT) stock soared to a record high of $50.62 on Wednesday as investors were satisfied with the company's…