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Pfizer and BioNTech announce new $3.2 billion agreement to supply the COVID-19 vaccine to the US

Pfizer Inc. and BioNTech SE announced today a new vaccine supply agreement with the U.S. government, according to which the U.S. government will receive...

Sanofi to cut out-of-pocket insulin costs to $35 for U.S. patients

French drugmaker Sanofi  said on Wednesday uninsured diabetes patients in the United States will pay no more than $35 for 30-day supply of insulin,...

Fujifilm plans a $1.6 billion expansion at CDMO facilities in Denmark and Texas

Fujifilm isn’t slowing down on its expansion roll. Just a few months after it bought Shanandoah Biotechnology for an undisclosed sum, the Japanese conglomerate...

Spero Therapeutics plummets 15% as FDA rejects new drug application

Spero Therapeutics , Inc. shares plunged around 15% after-hours following the company’s announcement, according to which the U.S. Food and Drug Administration (FDA) had...

Sutro Biopharma shares soar 67% due to cooperation with Astellas in cancer treatment

Sutro Biopharma Inc. shares leaped 67% to $7.24 a share in U.S. after-hours trading after the South San Francisco biotech company said it is...

Biotech investors focus on biotechs with drugs closer to market

Biotech investors nursing losses from stock price falls are now focusing on firms which are closer to getting their drugs to market, rather than...
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