Gilead Sciences delivered quarterly earnings and revenue that topped analysts' expectations on Wednesday.» Read More
Orexigen Therapeutics said the FDA delayed a decision on its obesity drug by three months, sending the company's shares down about 19 percent.
Baupost Group appears to have made a nearly $1 billion off of Merck's deal to buy Idenix.
Achillion's been a takeover target for years. But Merck's acquisition of Idenix may mean Achillion's time has come.
Allergan's board of directors announced on Tuesday that it has unanimously rejected a revised, unsolicited buyout offer from Valeant Pharmaceuticals.
Analysts say there's more to Merck's interest in Idenix than its drug portfolio: intellectual property. And that's why Gilead's shares are lower.
An FDA decision on Orexigen's obesity drug, Contrave, is expected Wednesday, and analysts say its late arrival on market may help.
Drug giant Merck said it would purchase Idenix Pharmaceuticals for $3.85 billion, a deal already approved by both companies' board of directors.
This is the perfect environment for investing in stocks, Fred Alger Management's Daniel Chung said. Here are two names he likes.
A small agricultural biotech company in Ames, Iowa, may have found a treatment for a disease that's wiping out pigs.
Clovis shares fell to a 52-week low Tuesday on concerns its cancer drug won't be able to compete with rival AstraZeneca.
Chicago filed a lawsuit against five pharmaceutical companies, accusing them of concealing the risks associated with certain painkillers.
Clovis Oncology CEO Patrick J. Mahaffy, talks about competing with larger companies like AstraZeneca when it comes to new cancer drugs. You compete on data, he says.
A new Clovis cancer drug has been associated with high blood sugar and linked to diabetes in trial. CEO Patrick J. Mahaffy, Clovis Oncology, weighs in on the recent report.
Valeant and ally Pershing Square prepared to take its $53.8 billion takeover bid for Allergan directly to shareholders.
Patients can try new once-a-day tablets that dissolve quickly under the tongue and raise tolerance to grass or ragweed pollen, much like the shots.
The announcement that GSK is planning to spend $350 million plus to get a slice of a U.K. biotech's cancer drugs has raised eyebrows.
Thousands of oncologists, investors, researchers and analysts descended on Chicago for the annual ASCO, the year's biggest cancer research meeting.
As the ASCO meeting gets underway in Chicago, here's a look at where we stand in the fight against cancer.
A key theme at this year's ASCO meeting will be immunotherapies. How do these treatments work?
What's next for Pfizer, now that its bid for AstraZeneca has been laid to rest, at least temporarily. Analysts weigh in with their views.
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