Pharma & Biotech - Page 23

AstraZeneca (AZN) and CSPC Pharmaceutical Group have signed a joint venture contract to construct a new-generation biologics manufacturing facility in Shijiazhuang, China. The agreement marks the third strategic deal the two companies

Moderna has secured a landmark FDA approval for mFlusiva, its mRNA-based influenza vaccine, marking the first time mRNA technology has been cleared for flu prevention in the United States. The approval covers

Emergent BioSolutions has undergone a series of sweeping restructuring efforts, eliminating senior roles and consolidating operations as part of a broad turnaround strategy. Joseph Papa, just two months into his role as

Kenco, one of the United States’ leading third-party logistics providers, has rolled out AI agents across its enterprise operations in a move drawing significant industry attention. The company deployed DeepFabric AI agents

Eli Lilly’s second-quarter revenues surged to $23 billion, a 48% year-over-year increase that comfortably beat analyst consensus estimates of $20.6 billion. The result also represented a 16% sequential increase, a sharp acceleration

Reddit has quietly emerged as a leading destination for women seeking candid, anonymous health information, according to a new report from Reddit and Omnicom’s The Weber Shandwick Collective. The report, titled “The

Johnson & Johnson has announced the retirement of Jennifer Taubert, 62, worldwide chair of J&J Innovative Medicine, after more than 21 years with the company. Taubert joined J&J’s executive committee in 2018

Pfizer has announced an additional $2.5 billion in planned cost savings, extending its sweeping cutback programme through 2029 and bringing its total reduction target to $9.7 billion. The New York-based pharmaceutical giant

Merck (MRK) is pushing into one of the pharmaceutical industry’s most closely watched therapeutic categories with its newly developed oral cholesterol treatment, Lipfendra. The drug belongs to the PCSK9 inhibitor class, a

Amgen is pushing deeper into cardiovascular medicine as its cholesterol drug Repatha continues to gain ground following a significant regulatory milestone. The US Food and Drug Administration granted Repatha a label expansion