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“#Startup behind Oxford COVID vaccine reportedly eyes IPO” A startup that played a crucial role in developing Oxford University’s coronavirus vaccine is hatching plans to go public — but the centuries-old school may be standing in the way, a new report says. The startup, Vaccitech, was founded in 2016 by two Oxford scientists who created…
“#COVID vaccine honchos sold $496M in stocks last year: report” Pharma honchos cashed out nearly half a billion dollars in stock as their companies raced to develop life-saving coronavirus vaccines, a new report says. Executives and directors at 13 firms working on vaccines — including Pfizer, Moderna and Novavax — collectively sold more than 8.5…
“#GameStop stock plummets as Reddit rally spreads to pharmaceuticals” The market’s GameStop fever appears to have broken, but other stocks are now starting to feel a bit warm. Shares in the much-discussed video game retailer were down over 33 percent by midday Thursday, adding to a steep decline that has the key player in the…
“#Johnson & Johnson eyes 100M COVID vaccines for US by April” Johnson & Johnson hopes to have enough COVID-19 vaccines for 100 million Americans by April as the feds ramp up nationwide inoculation efforts, a company official says. The New Jersey-based drugmaker is “going all out with its production” while it awaits results from a…
“#One-shot COVID vaccine could give Johnson & Johnson an edge” Less may be more when it comes to rolling out a coronavirus vaccine. Johnson & Johnson’s one-dose vaccine could have an edge over Pfizer and Moderna’s shots — even though it’s still several weeks away from approval in the US, Wall Street analysts told The…
“#Merck to supply feds with COVID-19 drug under $356M deal” Merck has reached a multimillion-dollar deal to supply the feds with a coronavirus drug it’s developing to treat severely ill patients, the company said Wednesday. The government will pay the New Jersey-based drugmaker up to about $356 million for roughly 60,000 to 100,000 doses of…
“#Sacklers transferred $10 billion, feared OxyContin lawsuits” Members of the wealthy Sackler family, owners of OxyContin maker Purdue Pharma, have long denied that the $10 billion they transferred from their company over the course of a decade was an unlawful attempt to shield assets in anticipation of litigation over their role in the opioid crisis….
“#Walmart to give COVID-19 vaccine following FDA approval” Retail giant Walmart plans to administer coronavirus vaccines following approval from the U.S. Food and Drug Administration, the company announced this week. It plans to enter into agreements with the federal government to distribute the vaccine upon its approval, Walmart Chief Medical Officer Dr. Tom Van Gilder said in a news release….
“#The developers of the COVID vaccine” More from: Really? Not the inventors of the COVID vaccine? A vaccine we were told was years away? Incredibly, Time magazine’s Person of the Year is a two-time presidential loser unenthusiastically put forward by his party as the best hope of unseating Donald Trump — and his running mate,…
“#Sanofi, GlaxoSmithKline delay COVID-19 vaccine rollout” Sanofi and GlaxoSmithKline pushed back the timeline for rolling out their coronavirus vaccine after finding it didn’t work as well in older people. The drugmakers’ Friday announcement created a roadblock in its race to produce a safe and effective inoculation for COVID-19 — the same day Health and Human…