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Pharmaceuticals

Nvidia invests in biotech company Recursion for AI drug discovery

by Tudur Aled
Nvidia invests in biotech company Recursion for AI drug discovery

A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Chipmaker Nvidia will invest $50 million in Recursion Pharmaceuticals to …

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Alzheimer’s drug Leqembi sales may be slow at first: Analysts

by Sven Aggesen
Alzheimer’s drug Leqembi sales may be slow at first: Analysts

Jay Reinstein, who suffers from Alzheimer’s, receives an injection so he can have a PET scan at MedStar Georgetown University Hospital in Washington, DC on June 20, 2023. Michael Robinson …

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Illumina hit with record EU fine over Grail deal

by Tudur Aled
Illumina hit with record EU fine over Grail deal

Rafael Henrique | Lightrocket | Getty Images European Union regulators on Wednesday fined Illumina a record 432 million euros ($476 million) for closing its acquisition of cancer test developer Grail …

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EU expands Ozempic probe over suicide risks

by Tudur Aled
EU expands Ozempic probe over suicide risks

In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter in Los Angeles, April 17, 2023. Mario Tama | Getty Images The European Union’s drug …

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Few patients continue Wegovy after a year

by Tudur Aled
Few patients continue Wegovy after a year

A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Only around one-third …

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Novavax stock jumps after Canada agrees to pay for unused Covid shots

by Sven Aggesen
Novavax stock jumps after Canada agrees to pay for unused Covid shots

Nikos Pekiaridis | Nurphoto | Getty Images Stock Chart IconStock chart icon Novavax shares jump on news of a settlement payment from the Canadian government. It’s unclear how many doses …

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Biden unveils plan to combat fentanyl laced with xylazine overdoses

by Isabel Allende
Biden unveils plan to combat fentanyl laced with xylazine overdoses

Bags of heroin, some laced with fentanyl, are displayed before a press conference at the office of the New York Attorney General regarding a major drug bust, Sept. 23, 2016. …

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