Pharmaceuticals

Pfizer slashes full-year earnings and revenue guidance as Covid treatment, vaccine sales slump

Pfizer on Friday slashed its full-year earnings and revenue guidance and launched a $3.5 billion cost-cutting plan due to waning…

Watch live: President Biden delivers remarks on the September jobs report

(The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a…

Watch live: President Joe Biden speaks at the U.N. General Assembly

President Joe Biden will address the United Nations General Assembly on Tuesday morning, advocating for democracy and increased aid to…

Supreme Court blocks Purdue Pharma’s massive opioid settlement, will hear challenge

Read more of CNBC’s politics coverage: The Supreme Court on Thursday blocked, for now, a multi-billion-dollar bankruptcy settlement by Purdue…

White House unveils plan to eliminate threat of fentanyl laced with xylazine

The Biden administration unveiled a plan Tuesday to eliminate the growing threat of fentanyl laced with xylazine, an illegal street…

Watch live: President Biden and India Prime Minister Modi speak at the White House

(The stream is slated to start at 12:45 p.m. ET. Please refresh the page if you do not see a…

Big drug company CEOs to testify at Senate Health committee on insulin prices

The top executives of the three drug companies that control 90% of the global insulin market will testify May 10…

U.S. bankruptcy judge halts 40,000 Johnson & Johnson talc and cancer lawsuits

A federal bankruptcy judge on Thursday halted roughly 40,000 lawsuits that allege Johnson & Johnson‘s baby powder and other talc…

DOJ charges 18 people — including doctors — in massive Covid health-care fraud takedowns

Eighteen people, some of them doctors, were criminally charged with Covid-19 health-care fraud schemes that netted hundreds of millions of…

Biden trumpets his economic plans in Minnesota after Cummins announces $1 billion investment

President Joe Biden touted efforts to boost U.S. manufacturing after touring a Cummins facility in Minnesota on Monday, as the…