Biotech and Pharmaceuticals Medicine


  • President Barack Obama will push for $1.1 billion in new funding to expand treatment for the fast-growing number of people addicted to heroin and prescription pain killers, the White House said on Tuesday. In 2014, a record number of Americans died from drug overdoses, with the highest rates seen in West Virginia, New Mexico, New Hampshire, Kentucky and Ohio.

  • LONDON, Feb 2- The world is once again asking scientists and drugmakers to come up rapidly with a vaccine for a viral disease that, in the latest case, few people had heard of until a few weeks ago, and even fewer feared. Making a shot to generate an immune response against Zika virus, which is sweeping through the Americas, shouldn't be too hard in theory.

  • Pregnant women can reschedule trips amid Zika concerns Tuesday, 2 Feb 2016 | 11:16 AM ET
    Pregnant women can reschedule trips amid Zika concerns

    Crystal Cruises COO Edie Rodriguez says her company has not gotten too many requests to reschedule trips due to the Zika virus, and discusses whether fears are overblown.

  • Feb 2- U.S. drug developer NewLink Genetics Corp joined the race to develop a vaccine for the Zika virus, a day after the World Health Organization declared the mosquito-borne disease an international public health emergency. NewLink is also developing an ebola vaccine with Merck that has proved to be highly effective against the deadly virus in a large trial...

  • Feb 2- U.S. drugmaker Pfizer Inc, which is in the process of buying Botox-maker Allergan Plc for $160 billion, reported better-than-expected quarterly revenue, helped by demand for its pneumonia vaccine and its Hospira acquisition. However, net income fell to $613 million, or 10 cents per share, from $1.23 billion, or 19 cents per share, a year earlier.

  • Feb 2- The University of South Australia said on Tuesday it was working on a vaccine for the Zika virus with Australian biotech Sementis Ltd, a day after the World Health Organization declared the mosquito-borne disease an international public health emergency. So far, small biotech companies and universities have taken the initiative to develop a vaccine,...

  • The Chilean Health Ministry says all three Zika cases reported Tuesday were contracted outside Chile. It says one person was infected while traveling in Venezuela, one in Colombia and one in Brazil. The World Health Organization says Zika is likely to spread to every country in the Americas where the Aedes aegypti is found.

  • PARIS/ LONDON, Feb 2- Sanofi has launched a project to develop a vaccine against the Zika virus in the most decisive commitment yet by a major vaccine producer to fight the disease linked to multiple birth defects in Brazil. The move comes a day after the World Health Organization declared the mosquito-borne Zika virus to be an international public health...

  • PARIS— Drugmaker Sanofi Pasteur said Tuesday it is launching an effort to research and develop a vaccine to prevent the Zika virus, after the World Health Organization declared a global emergency over its explosive spread across the Americas. Sanofi made the first dengue vaccine shot, licensed last year in Brazil after years of scientific struggle to develop...

  • Waltham, Massachusetts- based Alere, which has annual sales of $2.5 billion, makes tests for infections such as HIV, tuberculosis, malaria and dengue. "We view the deal positively as we think point-of-care testing is the fastest-growing segment in the diagnostic market," S&P Capital analyst Jeffrey Loo said. Abbott, which has expressed interest in expanding...

  • Zika's effect on cruises Monday, 1 Feb 2016 | 11:36 AM ET
    Zika's effect on cruises

    Some cruise line stocks are down in 2016, so how will Zika virus fears impact travel, with Patrick Scholes, Suntrust equity analyst.

  • Intervening in Zika virus Monday, 1 Feb 2016 | 11:17 AM ET
    Intervening in Zika virus

    A number of pregnant women are infected with the Zika virus, carrying babies at risk of brain defects, in South America. Infectious disease expert Dr. William Schaffner of Vanderbilt University, discusses the potential spread to the U.S., saying the Zika virus could be "a more difficult problem" than Dengue fever and the Chikungunya virus.

  • UK scientists get go-ahead to edit human embryos Monday, 1 Feb 2016 | 10:43 AM ET

    Scientists in the U.K. have gained permission to modify the genetic make-up of human embryos for the first time.

  • Virginia college student contracts Zika virus Monday, 1 Feb 2016 | 9:22 AM ET

    Officials for a university in Virginia say one of its students contracted the Zika virus over winter break.

  • NEW YORK— Centers for Disease Control and Prevention says E. coli outbreak at Chipotle restaurants appears to be over, CDC closing investigation.

  • Jan 29- Companies and scientists are racing to create a Zika vaccine as concern grows over the mosquito-borne virus that has been linked to severe birth defects and is spreading quickly through the Americas. Brazil, the hardest-hit country, has reported around 3,700 cases of the devastating birth defect called microcephaly that are strongly suspected to be...

  • FACTBOX-Race to develop Zika vaccine Friday, 29 Jan 2016 | 1:44 PM ET

    Jan 29- Drugmakers globally are racing to produce a vaccine for Zika, a mosquito-borne virus that has been linked to severe birth defects. The World Health Organization has warned the disease is spreading explosively through the Americas. But, companies and scientists have made clear that a vaccine for public use is, at the very least, some months away.

  • American Airlines Group Inc, the world's largest airline, and other U.S. carriers are facing mounting concern about the mosquito-borne virus as investors mull a slump in demand to the Caribbean and other tourist hotspots. Zika, linked to birth defects in thousands of babies in Brazil, could nonetheless become a challenge for American. While airlines have yet to...

  • Jan 28- The U.S. Food and Drug Administration approved Eisai Co Ltd's drug derived from sea sponge for a rare type of soft tissue cancer. The drug, Halaven, was approved for use in patients who have undergone chemotherapy with drugs derived from a type of bacteria, the FDA said on Thursday. Halaven, derived from a marine sponge called Halichondria okadai, was approved...

  • NEW YORK, Jan 29- American Airlines' president on Friday said it is too early to tell if the rapidly spreading Zika virus will impact travel, but so far the airline has seen no material change to flight bookings. American Airlines President Scott Kirby said on a call with investors that Zika could put a further dent in revenues for American, which has the widest Latin...