Biotech and Pharmaceuticals Medicine

  • TRENTON, N.J.— Sky-high price hikes for EpiPen, the injected emergency medicine for severe allergic reactions to foods and bug bites, have made its maker the latest target for patients and politicians infuriated by soaring drug prices. Mylan N.V., which has headquarters in Hertfordshire, England, and Pittsburgh, has hiked prices as frequently as three times a year...

  • Mylan price hike happy?

    CNBC's Meg Tirrell reports on other price hikes from Mylan apart from its controversial raise of its EpiPen. The "Fast Money" traders weigh in on the drug pricing debate.

  • Acorda CEO: EpiPen increase 'far in excess' of industry standard

    Ron Cohen, Acorda Therapeutics President & CEO, and CNBC's Meg Tirrell discuss the outrage surrounding Mylan's EpiPen price hike and the general state of drug pricing and development.

  • Chiang: Mylan victim of its own success

    Tim Chiang, BTIG managing director, shares his take on Mylan, admid the EpiPen price outrage.

  • Sen. Blumenthal: EpiPen price gouging is morally bankrupt

    Sen. Richard Blumenthal (D-Conn.), Former Connecticut Attorney General, discusses the outrage over the price hike on Mylan's EpiPen.

  • Aug 22- Pfizer Inc, beating out numerous other bidders, said it agreed to buy U.S. cancer drug company Medivation Inc for $14 billion in cash, adding its blockbuster prostate cancer drug Xtandi to the company's growing oncology roster. Medivation shares jumped nearly 20 percent to close at $80.42, just shy of the offer price of $81.50 per share.

  • Zika threat from Louisiana flooding?

    Dr. Anthony Fauci, National Institute of Allergy and Infectious Diseases Director, discusses how the flooding in Louisiana could raise the likelihood of Zika spreading across the southern United States.

  • Aug 22- Pfizer Inc, beating out numerous other bidders, said it would buy U.S. cancer drug company Medivation Inc for $14 billion in cash, adding its blockbuster prostate cancer drug Xtandi to the company's growing oncology roster. Medivation shares were up 20 percent at $80.43 in afternoon trading, just shy of the offer price of $81.50 per share.

  • Valeant names Paul Herendeen CFO

    The embattled drug maker calling on the former Zoetis executive to replace Robert Rosiello.

  • ABIDJAN, Aug 22- Light rains in most of Ivory Coast's main cocoa regions augur well for the crop in the world's biggest producer, farmers said on Monday, but cloudy weather has stoked fears of disease in the south. It will help many small pods to grow and to be of good quality for the main crop, "said Kouassi Kouame, a cocoa farmer on the outskirts of Soubre.

  • Aug 21- Pfizer Inc is in advanced talks to acquire U.S. cancer drug company Medivation Inc for close to $14 billion, as it seeks to boost its oncology portfolio, people familiar with the matter said on Sunday. Pfizer has agreed to pay a little more than $80 per share for Medivation, one of the people said, a substantial premium to the $52.50 offer for Medivation that...

  • MIAMI/ CHICAGO, Aug 19- Federal health officials on Friday warned pregnant women not to travel to trendy Miami Beach after Florida confirmed that the mosquito-borne Zika virus was active in the popular tourist destination. The new warnings represent a challenge to Florida's multibillion dollar tourism industry, with Miami Beach accounting for nearly half...

  • MIAMI/ CHICAGO, Aug 19- Federal health officials on Friday warned pregnant women not to travel to trendy Miami Beach after Florida confirmed that the mosquito-borne Zika virus was active in the popular tourist destination. The new warnings represent a challenge to Florida's multibillion dollar tourism industry, with Miami Beach accounting for nearly half...

  • MIAMI/ CHICAGO, Aug 19- Federal health officials on Friday warned pregnant women not to travel to trendy Miami Beach after Florida confirmed that the mosquito-borne Zika virus was active in the popular tourist destination. The new warnings represent a challenge to Florida's multibillion dollar tourism industry, with Miami Beach accounting for nearly half...

  • CDC alert for new area of Miami Beach

    The CDC issues a travel alert for the new Zika area of Miami beach, saying pregnant women should avoid the area. CNBC's Meg Tirrell reports the details.

  • Florida gov. confirms new Zika transmission area

    Florida Governor Rick Scott confirms active Zika tranmission in a second area of Florida by Miami Beach, and comments on the potential impact of tourism. CNBC's Meg Tirrell reports.

  • Florida gov. confirms new Zika transmission area

    CNBC's Meg Tirrell reports that Florida Governor Rick Scott has confirmed a second area of Zika transmission in the state, following the announcement of five new Zika cases in Miami Beach.

  • Carlos Varas, a Miami-Dade County mosquito control inspector, uses a Golden Eagle blower to spray pesticide to kill mosquitos in the Wynwood neighborhood as the county fights to control the Zika virus outbreak on August 2, 2016 in Miami, Florida.

    Florida health officials have found evidence of likely local Zika transmission in Miami Beach, one of the world's most popular tourist destinations.

  • WASHINGTON— Wanted: Volunteers willing to be infected with the Zika virus for science. The quest for a vaccine began less than a year ago as Brazil's massive outbreak revealed that Zika, once dismissed as a nuisance virus, can harm a fetus' brain if a woman is infected during pregnancy. Any that seem promising will have to be tested in thousands of people in parts of...

  • Aug 18- Florida health officials have found evidence of local Zika virus transmission in Miami Beach, one of the world's most popular tourist destinations, opening a new front in the fight against the mosquito-borne virus, according to a source familiar with the investigation. Miami Beach Mayor Philip Levine told a press conference late on Thursday that state...