Tag Archives: Biotech and Pharmaceuticals

[ad_1] BMO Capital Markets sees a big year ahead for biotech company Beam Therapeutics . Analyst Kostas Biliouris upgraded shares to outperform from market perform, saying he expects updates next year on a key partnership will drive upside for the gene-editing technology company. The analyst also hiked his price target …

[ad_1] Drug overdose deaths among adolescents surged during the Covid-19 pandemic, driven overwhelmingly by illicit fentanyl, according to a report from the Centers for Disease Control and Prevention. Monthly drug overdose deaths nearly tripled among adolescents ages 10 to 19 during the first two years of the pandemic. Deaths rose …

[ad_1] The latest omicron boosters are 84% effective at keeping seniors 65 and older from being hospitalized with Covid-19 compared to the unvaccinated, according to a study published by the Centers for Disease Control and Prevention on Friday. And seniors who received the omicron booster had 73% more protection against …

[ad_1] Adar Poonawalla became the CEO of the world’s largest vaccine manufacturer, Serum Institute of India, when he was 30 years old. | Bloomberg | Getty Images Adar Poonawalla became the CEO of the world’s largest vaccine manufacturer, Serum Institute of India, when he was 30 years old. But that …

[ad_1] Less than 50% of nursing home residents, one of the country’s most vulnerable populations to severe illness from Covid-19, have received an omicron booster ahead of an expected wave of infection this winter. The Biden administration has made increasing booster uptake among nursing home residents a central part of …

[ad_1] Take home COVID-19 self testing kits provided by the District of Columbia government, which provides city residents four free take home tests per day, are seen in this illustration taken January 11, 2022. Evelyn Hockstein | Reuters The Biden administration is making rapid Covid tests available for free again …

[ad_1] Evusheld injection, a new COVID treatment that people can take before becoming symptomatic, in Chicago on Friday, Feb. 4, 2022. Chris Sweda | Tribune News Service | Getty Images The omicron subvariants that have become dominant in recent months present a serious threat to the effectiveness of the new …

[ad_1] Investors should consider putting money in Xenon Pharmaceuticals , a biopharma stock poised to rally as Wall Street gains more clarity on its drug to treat epilepsy, Goldman Sachs says. Analyst Paul Choi initiated coverage of Xenon with a buy rating and a $60 price target, saying in a …

[ad_1] Drugstores are warning of major shortages of key antibiotics used to treat Strep A, as cases rise in the U.K. Marko Geber | Digitalvision | Getty Images LONDON — Drugstores in Britain are warning of shortages of key antibiotics used to treat Strep A, as cases rise and the …

[ad_1] Healthcare workers treat a Covid-19 patient on the Intensive Care Unit (ICU) floor at Hartford Hospital in Hartford, Connecticut, U.S., on Monday, Jan. 31, 2022. Allison Dinner | Bloomberg | Getty Images Covid and flu hospitalizations are increasing, while respiratory syncytial virus appears to be retreating in some states, …