Health Care

Pfizer Gets FDA OK of Drug Combination in Non-Small Cell Lung Cancer

Pfizer has won expanded approval from the U.S. Food and Drug Administration of the combination of its Braftovi and Mektovi drugs for patients with metastatic non-small cell lung cancer with a BRAF V600E mutation. The New York drugmaker on Thursday said the approval gives adults with BRAF V600E-mutant metastatic non-small cell lung cancer a new personalized treatment option. Lung cancer is the leading cause of cancer death around the world, with non-small cell lung cancer accounting for more than 80%. A BRAF V600E mutation occurs in roughly 2% of non-small cell lung cancer cases, Pfizer said. The Braftovi/Mektovi combination was previously approved in the U.S. for patients with unresectable or metastatic melanoma with a BRAF V600E or V600K mutation. Braftovi is also approved in combination with cetuximab for adults with metastatic colorectal cancer with a BRAF V600E mutation after prior therapy. Pfizer picked up Braftovi and Mektovi as part of

Pfizer Gets FDA OK of Drug Combination in Non-Small Cell Lung Cancer Read Post »

Pfizer Says Impact Of Tornado On Site Is Expected To Affect Supply Of Medicines From Rocky Mount Facility Until At Least Mid-2024

Pfizer Says Impact Of Tornado On Site Is Expected To Affect Supply Of Medicines From Rocky Mount Facility Until At Least Mid-2024; Begun Storing Non-Production Related Materials In A New Warehouse Secured As A Temporary Replacement To Its Hirise Warehouse

Pfizer Says Impact Of Tornado On Site Is Expected To Affect Supply Of Medicines From Rocky Mount Facility Until At Least Mid-2024 Read Post »

Abbott (NYSE:ABT) Declares 399th Consecutive Quarterly Dividend

The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 51 cents per share. This marks the 399(th) consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Nov. 15, 2023, to shareholders of record at the close of business on Oct. 13, 2023. Abbott has increased its dividend payout for 51 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have increased dividends annually for at least 25 consecutive years.

Abbott (NYSE:ABT) Declares 399th Consecutive Quarterly Dividend Read Post »

Moderna Continues To Expect 2023 Covid-19 Sales Of $6B-$8B, Dependent On U.S. Vaccination Rates

Moderna Continues To Expect 2023 Covid-19 Sales Of $6B-$8B, Dependent On U.S. Vaccination Rates. While the 2023 cost of sales remains elevated, the company is currently resizing its manufacturing footprint and supply base to accelerate gross margin expansion towards its longer-term target of 75-80%.

Moderna Continues To Expect 2023 Covid-19 Sales Of $6B-$8B, Dependent On U.S. Vaccination Rates Read Post »

AbbVie Announced Topline Results From Phase 3 SEQUENCE Trial Of Skyrizi (Risankizumab) Versus Stelara (Ustekinumab)

AbbVie Announced Topline Results From Phase 3 SEQUENCE Trial Of Skyrizi (Risankizumab) Versus Stelara (Ustekinumab); The Study Met Its Primary Endpoint In Patients With Moderately To Severely Active Crohn’s Disease Who Have Failed One Or More Anti-TNFs.

AbbVie Announced Topline Results From Phase 3 SEQUENCE Trial Of Skyrizi (Risankizumab) Versus Stelara (Ustekinumab) Read Post »

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