NASDAQ:RXDX - Nasdaq - US74349U1088 - Common Stock - Currency: USD
Merck & Co.’s Keytruda and Gardasil soundly beat analysts’ estimates for quarterly sales, driving the company’s annual revenue forecast higher even as costs for its acquisition of Prometheus Biosciences Inc. led to a cut in its annual earnings outlook.
The company may be riding the wave of an AI healthcare boom.
Goldman Sachs compiled research suggesting the global pharmaceutical sector has approximately $700 billion available for M&A and investments. This significant financial reserve will be crucial as patents for some of the industry's blockbuster drugs are on the expiration cliff.
The company has several promising autoimmune therapies.
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
Big Pharma is facing a patent cliff that could siphon off billions in revenue.
These are the innovative growth stocks for future profits as they represent companies investing significantly in research and development.
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
These are the undervalued pharma stocks to buy as they represent companies investing heavily in research to boost the product pipeline.
In a rare move to block a large pharma deal, the U.S.
Reports the FTC could block Amgen's takeover of Horizon reverberated across biotechs on Tuesday, with HZNP stock's crash leading the way.
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
Mentions: MNTV
- Entered into agreement to be acquired by Merck; transaction expected to close in 3Q 2023 -...
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
Abbvie (ABBV) and Bristol-Myers Squibb (BMY) competed to takeover Prometheus Biosciences (RXDX), before Merck (MRK) won in its pursuit of the biotech company. The interest from...
Merck & Co. edged out competitors including AbbVie Inc. and Bristol Myers Squibb Co. to prevail in its $10.8 billion takeover of biotechnology company Prometheus Biosciences Inc, according to people familiar with the matter.
Experts fear a change in how Medicare buys drugs could slam biotech and pharma companies.
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
/PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential...
The major indexes saw modest declines, holding in a range.
The resurgence of deal activity in the drug-development industry is driving investors’ interest in biotech stocks and boosting values for potential takeover targets.