Some of the names on the move ahead of the open.» Read More
Chris Viehbacher, CEO of Sanofi, says 2013 was a big year for biotech IPOs as companies were coming to market to access cash for the first time after many years.
Sanofi's Lemtrada multiple sclerosis treatment has failed to win approval from U.S. regulators, dealing a setback to a drug which was at the heart of the French drugmaker's $20 billion takeover of biotech firm Genzyme.
Next year is an election year. There is little chance of a big tax increase, or a government shutdown or debt crisis.
Some of Thursday's midday movers:
Stay away from consumer-focused companies, Ron Sloan of Invesco says.
French drugmaker Sanofi warned on its 2013 profit again as it reported lower-than-expected quarterly results.
Concerns that flu could mean an increase in staff sick days has prompted some companies to arrange flu jabs for their employees – boosting sales for some drugs companies.
Has Washington distracted you from these money making developments?
Take a look at some of Wednesday's midday movers:
Check out which companies are making headlines after the bell Wednesday:
As resources move to other areas, cardiologists fear the battle against heart disease could stall after advances marked by critical drugs to lower cholesterol and blood pressure.
Some of the names on the move ahead of the open.
European shares closed slightly lower on Monday with fears of a government collapse in Italy dragging down the FTSE MIB, and with U.K. markets closed for a holiday.
China's benchmark index shot up to a seven-week high on Monday, boosting Asian stocks across the board on optimism that the world's second-largest economy may be stabilizing, but Japan bucked the trend after weak growth data.
China has started investigating French drugmaker Sanofi for allegedly bribing more than 500 Chinese doctors with about 1.7 million yuan ($277,600) of payments to raise sales, China's Xinhua state news agency said on Saturday.
Chinese authorities have visited a site operated by Danish drugmaker Novo Nordisk, the latest evidence of a widening investigation into Western drugmakers.
Royalty Pharma raised its hostile bid for Irish drug firm Elan to a potential $8 billion on Friday, coming back for the third time after just 7.5 percent of shareholders accepted the last offer.
A dispute within the FDA on whether to put new lung-cancer warnings on ARBs taken by millions of people is unlikely to have any significant effect on the manufacturers stocks.
Patent expirations on big-name drugs has resulted in modestly less spending on medicines in the U.S. for the first time in at least 55 years, a report showed Thursday.
There's a lot of fear about Friday's jobs report. Bears are already saying this could be the report that finally forces the markets to take a breather.