drugs

Baxter International Inc. (NYSE:BAX) has alerted health care professionals to a looming shortage of ifosfamide-based cancer therapies across the European Union, following a technical disruption at a contract manufacturing site. • Baxter International stock is showing downward bias. Where is...

ImmunityBio Inc. (NASDAQ:IBRX) shares are up on Monday following the company’s announcement of significant revenue growth. • ImmunityBio stock is challenging resistance. Why are IBRX shares at highs? The stock has jumped around 55% over the last month, thanks to investor interest after...

Needham on Monday initiated coverage on Atai Life Sciences NV (NASDAQ:ATAI), a clinical-stage biopharmaceutical company focused on developing treatments for mental health. The company’s lead drug candidate, BPL-003, is under development for treatment-resistant depression. • ATAI stock is...

SciSparc Ltd. (NASDAQ: SPRC) stock is surging on Thursday, with a session volume of 58.21 million compared to the average volume of 2.49 million as per data from Benzinga Pro. SPRC stock is racing ahead of the pack. Check the fundamentals here. The specialty clinical-stage pharmaceutical company,...

President Donald Trump said that he has no knowledge of Elon Musk engaging in drug use during the 2024 election cycle, brushing off a media report alleging Musk’s drug consumption while on the campaign trail. According to a recent piece by The New York Times, the billionaire entrepreneur...

Elon Musk's drug consumption while on the campaign trail with President Donald Trump, according to a Friday New York Times report, was excessive. The tech billionaire apparently told friends that he was consuming so much ketamine – an effective anesthetic – that it was affecting his bladder....

After Donald Trump signed an executive order slashing drug prices last week, experts have highlighted how pharmacy benefit managers (PBMs) could be hit the hardest despite pharmaceutical companies facing the potential of compressed margins amid poor pricing power. What Happened: According to Thomas...

Billionaire investor and the CEO of Pershing Square, Bill Ackman, flagged the contribution of various subsidies to the mounting U.S. debt and appreciated President Donald Trump for proposing an order to cut the drug prices, quoting his earlier suggestion. What Happened: In an X post, Ackman...

Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) shares were trading lower Tuesday, closing down 14.61% at 38 cents. The stock is pulling back after gaining as much as 60% during Monday’s session after the company reported second-quarter financial results. The company early Tuesday also said...

A U.S. bankruptcy judge has approved Rite Aid Corp’s (OTC:RADCQ) restructuring plan, enabling the pharmacy chain to reduce its debt by $2 billion and transfer control to a group of lenders. Rite Aid filed for Chapter 11 bankruptcy in October 2023, following a fiscal year in which it reported...

A promising new startup, Ovax Inc., secured $10 million in funding to advance the development of a groundbreaking vaccine designed to prevent fentanyl-related deaths. The initiative focuses on commercializing academic research aimed at preventing the potent opioid from reaching the brain, reported...

The U.S. Pentagon is now required to compile data on drug overdoses within the military following the passage of the annual defense policy bill in December. Previously, overdoses in the military were not systematically tracked.  The Defense Department (DoD), reported Military.com, will now maintain...

Ecuador President Daniel Noboa said the country is “at war” with more than 20 different gangs after a violent uprising and prison rebellion. What Happened: The gangs are holding more than 100 prison guards hostage after taking control of prisons, as well as a TV station...

Former President Donald Trump pardoned a drug smuggler in his final day in office who prosecutors allege once beat a "kid" with his belt until his entire body was covered in bruises.  What To Know: New reports surfaced suggesting Trump destroyed a Justice Department...

President Joe Biden has warned that the country may face nuclear Armageddon for the first time since the Cuban Missile Crisis of 1962. He acknowledged that the more Russia troops struggle in Ukraine, the greater the danger of nuclear war.  Biden has said that Putin was "not joking...