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FDA rejects Verrica’s new drug again, shares plummet in premarket

Shares of Verrica Pharmaceuticals Inc. lost more than half of their value in premarket trading Wednesday after the U.S. Food and Drug Administration once...

Pfizer to offer low-cost drugs to 45 low-income countries

Pfizer Inc. May 25th launched 'An Accord for a Healthier World.' This groundbreaking initiative aims to provide all of Pfizer's patented, high-quality medicines and...

Biotech startup raises $6.2 million to develop plastic-free packaging

Targeting cosmetics brands, the London-based biotech startup has scooped up a $6.2 million seed round to prove it can scale its petroleum-free, compostable packaging,...

Astellas, Daiichi Sankyo and Takeda collaborate on using wearable health data for drive drug discovery

Astellas Pharma Inc., Daiichi Sankyo Company, Limited, and Takeda Pharmaceutical Company Limited announced that they have entered into a joint research agreement. It is...

Moderna CEO to sell stock options and donate proceeds to charity

Moderna CEO Stéphane Bancel announced his plan to donate to charity all of the after-tax proceeds of the original stock options he received upon...

FDA approves Sanofi’s Dupixent for widespread use in the United States

Sanofi won expanded U.S. approval for its best-selling Dupixent injection to treat an allergic inflammation of the esophagus, the Food and Drug Administration said...
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