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Investments

An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. An investment can refer to any medium or mechanism used for generating future income, including bonds, stocks, real estate property, or a business, among other examples.

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Amgen sells its Turkish manufacturing arm for $135M

Techno -
Amgen, which has been beefing up its U.S. manufacturing operations, sold its stake in Turkey’s oldest pharmaceutical company Gensenta to the Eczacıbaşı Group for...
Newsletter

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

Techno -
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...
World Pharma News

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

Techno -
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...
Pharmaceutical Investing News

Spero Therapeutics plummets 15% as FDA rejects new drug application

Techno -
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...
Pharmaceutical Investing News

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

Techno -
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...
Pharmaceutical Investing News

Biotech investors focus on biotechs with drugs closer to market

Techno -
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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