Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Earnings and inflation Watch J & J Strong outlook for Meta 1. Earnings and inflation U.S. stocks edged higher Monday, with the Dow jumping over 150 points, rallying after a
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In this article NVAX Follow your favorite stocksCREATE FREE ACCOUNT Nikos Pekiaridis | Nurphoto | Getty Images Novavax’s stock price jumped roughly 20% on Monday after the embattled biotech company said Canada has agreed to pay $350 million for forfeiting Covid vaccine doses that were previously scheduled for delivery. The settlement is part of an
In this article BIIB 4523.T-JP Follow your favorite stocksCREATE FREE ACCOUNT The Alzheimer’s drug Leqembi is seen in this undated handout image obtained by Reuters on January 20, 2023. Eisai | via Reuters Medicare has agreed to pay for the Alzheimer’s treatment Leqembi, a major turning point for patients who are diagnosed with the early
In this article 4523.T-JP BIIB Follow your favorite stocksCREATE FREE ACCOUNT Jay Reinstein, who suffers from Alzheimer’s, receives an injection so he can have a PET scan at MedStar Georgetown University Hospital in Washington, DC on June 20, 2023. Michael Robinson Chávez | The Washington Post | Getty Images Sales of the Alzheimer’s drug Leqembi
Barrington Sanders, a Miami-Dade Mosquito Control Inspector, sprays a pesticide to kill adult mosquitos on June 29, 2023 in Miami, Florida. Joe Raedle | Getty Images U.S. public health officials say the risk of locally transmitted malaria in the country remains low as seven new cases in Florida and Texas raise questions. The Florida Department
In this article 4523.T-JP BIIB Follow your favorite stocksCREATE FREE ACCOUNT The Food and Drug Administration on Thursday approved the Alzheimer’s treatment Leqembi, a pivotal decision that is expected to expand access to the expensive drug for older Americans. Medicare has promised to start covering Leqembi, with some conditions, on the same day the FDA
Bill Ackman Scott Mlyn | CNBC Bill Ackman said in 2021 that delaying Covid vaccinations for older Americans “seems like genocide.” Today, the influential hedge fund chief and investor is amplifying the debunked anti-vaccine views of Democratic presidential candidate Robert F. Kennedy Jr. Ackman is not denying his change. In fact, he said Kennedy is
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Nikos Pekiaridis | Nurphoto | Getty Images Moderna on Wednesday said it struck a deal with Chinese officials to research, develop and manufacture messenger RNA medicines in the country, despite rising tensions between the U.S. and China. The Massachusetts-based biotech company signed a memorandum of
In this article NOVO.B-DK LLY PFE Follow your favorite stocksCREATE FREE ACCOUNT An Eli Lilly & Co. logo is seen on a box of insulin medication in this arranged photograph at a pharmacy in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Drugmakers are jockeying to capitalize on the next major innovation coming to
In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Resurgence of COVID-19 symptoms in patients treated with the drug Paxlovid appeared far more common than has been reported, doctors found in a study detailed in the New England Journal of Medicine. Chris Sweda | Chicago Tribune | Tribune News Service | Getty Images Federal
Hepatitis C virus BSIP | UIG | Getty Images The overwhelming majority of people in the U.S. who have tested positive for hepatitis C have not been cured due to the high cost of oral antiviral treatments and obstacles imposed by insurance plans, federal health officials said on Thursday. Hepatitis C is often referred to
Nike CEO John Donahoe poses for a photograph during a visit to Nike European Logistics Campus in Laakdal, June 7, 2023. Jonas Roosens | Afp | Getty Images For leaders in corporate America, sleep is often the rare luxury they don’t have and can’t buy. Success, especially early success, rarely comes without pulling some all-nighters,
Hundreds of 1199SEIU health care workers staged a rally and sit to block 3rd avenue where some were arrested. They protested against health care cuts in Governor Kathy Hochuls budget on Medicare. Lev Radin | Lightrocket | Getty Images Medicare on Friday said it will allow pharmaceutical companies to publicly discuss the program’s historic drug
In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a box of the diabetes drug Ozempic rests on a pharmacy counter on April 17, 2023 in Los Angeles, California. Mario Tama | Getty Images People on diabetes and weight loss drugs such as Novo Nordisk‘s Ozempic and Wegovy should stop
Alex Zhavoronkov, left, founder and CEO of Insilico Medicine, and Feng Ren, co-CEO and chief scientific officer, at the company’s robotics lab in Suzhou, China. Source: Insilico Medicine The first drug fully generated by artificial intelligence entered into clinical trials with human patients this week. Insilico Medicine, a Hong Kong-based biotech startup with more than
In this article GSK GSK-GB PFE Follow your favorite stocksCREATE FREE ACCOUNT Respiratory syncytial virus vial. Manjurul | Istock | Getty Images The Centers for Disease Control and Prevention on Thursday recommended that adults ages 60 and above receive a single dose of RSV vaccines from Pfizer and GSK after consulting their doctors. Outgoing CDC
U.S. Attorney General Merrick Garland speaking on June 22, 2023 in Washington, DC. Chip Somodevilla | Getty Images The Justice Department on Wednesday charged 78 people with $2.5 billion in health-care fraud. The DOJ, in a press release, said the defendants allegedly defrauded programs used to take care of elderly and disabled people. In some
(L-R) Kevin Chambers, Director for COVID-19 Fraud Enforcement, Department of Justice; Hannibal “Mike” Ware, Inspector General, Small Business Administration; Michael Horowitz, Chair, Pandemic Response Accountability Committee; and Roy D. Dotson Jr., Acting Special Agent in Charge, National Pandemic Fraud Recovery Coordinator, United States Secret Service; testify during a hybrid hearing held by the House Select
In this article REGN Follow your favorite stocksCREATE FREE ACCOUNT View of Corporate and Research and Development Headquarters of Regeneron Pharmaceuticals on Old Saw Mill River Road in Tarrytown, New York. Lev Radin | LightRocket | Getty Images Shares of Regeneron fell nearly 9% on Tuesday after the U.S. Food and Drug Administration declined to
In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT People make their way near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens on Tuesday slashed its full-year earnings guidance as it fell short of Wall Street expectations for its fiscal third quarter
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