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Abbott caused the baby formula crisis, but who will be held responsible

U.S. Secretary of Transportation Pete Buttigieg on Sunday blamed the worsening baby formula shortage on Abbott Nutrition, one of the largest formula suppliers in...

Investment in healthcare in Saudi Arabia drives transformation

Global healthcare is currently experiencing a substantial shift in the way it operates and caters to patient needs, driven by advancements in science and...

Pfizer’s $11.6 billion purchase of Biohaven could lead to new biotech deals

Pfizer's $11.6 billion deal for migraine specialist Biohaven Pharmaceutical has kindled expectations on Wall Street that it may usher in more buyouts as cash-flush...

Veru shares up 38.5% YTD, but Q2 loss missed earnings expectations

Veru Inc. came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares...

SK Biopharmaceuticals revenues fell 70% in the first quarter

SK Biopharmaceuticals’ sales plummeted in the first quarter, compared to a year earlier, due to the base effect of a one-off income from a...

Merck KGaA expects adjusted profit to rise to 9% due to demand for laboratory products

Germany's Merck KGaA said it expects earnings growth of up to 9% this year, mainly driven by drugmakers' demand for its laboratory gear business,...
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