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Britain’s Reckitt strengthens control over U.S. infant formula market amid shortages

The U.S. baby formula crisis has boosted profits at Britain's Reckitt Benckiser and helped it grab the top spot in a $5.8 billion-a-year market....

Johnson & Johnson shares fall as market rises

In the latest trading session, Johnson & Johnson (JNJ) closed at $179.46, marking a -0.09% move from the previous day. This move lagged the...

Lilly’s $2.1 billion investment in new manufacturing sites in Indiana

Eli Lilly and Company plans to expand its manufacturing footprint in Indiana by investing $2.1 billion in two new manufacturing sites at Indiana's LEAP...

Bavarian Nordic signs contract to supply smallpox vaccine due to an increase in cases of monkeypox

Bavarian Nordic A/S announced today the signing of a supply contract with an undisclosed country for the Company’s smallpox vaccine with the aim to...

Sun Pharma adds Uractiv™ portfolio in Romania, which brings in $8.7 million every year

Sun Pharmaceutical Industries, May 27th announced that one of its subsidiaries, S.C. Terapia S.A., Romania has acquired the Uractiv portfolio from Fiterman Pharma in...

Teva and Allergan sign $161.5 million agreement with West Virginia on opioids

Teva Pharmaceutical Industries and AbbVie's Allergan unit reached a settlement worth $161.5 million to resolve claims the companies fueled an opioid epidemic in West...
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