Tag Archives: Makers

‘Covid-19 vaccine makers continue their fight to stay ahead of the disease’

While the number of people infected with Covid-19 ­remains high it’s more likely that new variants will ­appear, so vaccine developers are ­having to deal with the rapidly­evolving virus and are looking for ­‘second generation’ vaccines. Danny Altmann, professor of ­immunology at Imperial College London, says it may be wise to “hedge your bets”. “What… Read More »

After Pfizer’s vaccine data, analysts say COVID drug makers face questions about long-term sales prospects

While much of the world focused on Pfizer and BioNTech’s positive COVID-19 vaccine news on Monday, analysts started gaming out potential ripple effects, namely for companies making coronavirus therapeutics. A promising COVID-19 vaccine is obviously good news for drugmakers and the world at large, but companies developing and selling coronavirus treatments could see lower sales down the line, Barclays analysts wrote… Read More »

Crisis Looms in Antibiotics as Drug Makers Go Bankrupt

At a time when germs are growing more resistant to common antibiotics, many companies that are developing new versions of the drugs are hemorrhaging money and going out of business, gravely undermining efforts to contain the spread of deadly, drug-resistant bacteria. Antibiotic start-ups like Achaogen and Aradigm have gone belly up in recent months, pharmaceutical… Read More »

Federal prosecutors open criminal probe of opioid makers and distributors, report says

This illustration image shows tablets of opioid painkiller Oxycodon delivered on medical prescription taken in Washington, DC. Eric Baradat | AFP | Getty Images Federal prosecutors in Brooklyn have opened a criminal probe of opioid manufacturers and distributors, the Wall Street Journal reported on Tuesday.  Companies including Teva, McKesson, Mallinckrodt, AmerisourceBergen, Johnson & Johnson and Amneal… Read More »