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2 mins read

Amgen soars 16% after it talks up a new weight loss drug that could be injected monthly instead of weekly

Goldman Sachs said Amgen's experimental GLP-1 drug could have peak sales of $5 billion, or 5% of th…

Matthew Fox   


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1 min read

Billionaire John Paulson is reportedly set to reap $500 million from Amgen's huge deal to acquire Horizon Therapeutics

Horizon is the largest disclosed holding of John Paulson's family office Paulson & Co., according t…

Carla Mozée   


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1 min read

Billionaire John Paulson is reportedly set to reap $500 million from Amgen's huge deal to acquire Horizon Therapeutics

Horizon is the largest disclosed holding of John Paulson's family office Paulson & Co., according t…

Carla Mozée   


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3 mins read

Dow Jones industrial average ditches Exxon, adds tech names in biggest overhaul since 2013

The shift was prompted by Apple's 4-for-1 stock split. Since the Dow is price-weighted, the split e…

Ben Winck   


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5 mins read

A buzzy Seattle biotech is teaming up with Microsoft and Amgen to hunt for 'the Michael Jordan of antibodies' to fight the coronavirus

Research is now underway to find the best antibodies, or virus-fighting proteins, to use against th…

Andrew Dunn   


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3 mins read

Amgen is getting whacked after disappointing study results

The trial's primary composite goal included need for artery clearing procedures and hospitalization…

Reuters,Lydia Ramsey   


Andrew Dunn   


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4 mins read

From Amgen to Gilead, drugmakers are sitting on billions of cash - and top pharma executives are hinting about big M&A to come in 2019

The biopharmaceutical company has typically bought earlier-stage companies, translating to relative…

Emma Court   


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2 mins read

Amgen will buy a blockbuster psoriasis drug for $13.4 billion - and it's part of a plan to get Celgene's mega-merger with Bristol-Myers Squibb approved

The merger would serve as one of the largest pharma deals in the last decade. Though divestiture sa…

Ben Winck   


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Companies that give money to Democrats are beating Republican donors in the stock market

The increasingly divided political scene in America has spilled over into the stock market with the…

Matthew Fox   


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2 mins read

Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report

"The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeS…

Matthew Fox   


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2 mins read

Viking Therapeutics soars 104% after its GLP-1 weight-loss drug posts impressive results in Phase 2 trial

Viking's GLP-1 drug candidate showed faster weight loss compared to drugs that are already on the m…

Matthew Fox   


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The Dow's rally is broadening as first-half laggards catch up

The Dow just missed out on tying a historic winning streak, but the index is actually looking healt…

Phil Rosen   


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Dow soars 528 points ahead of crucial inflation reading and start of Fed policy meeting

The CPI report will be released on Tuesday, and consensus estimates are for headline monthly and an…

Matthew Fox   


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3 mins read

Kyrsten Sinema takes thousands in campaign contributions from pharmaceutical giants while stalling prescription drug pricing reforms

Since the start of her political career, pharmaceutical companies have lobbied Sinema and financed …

Morgan Keith   


Laura Packard   


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2 mins read

US stocks climb as investors brace for this week's Fed meeting and consumer inflation data

Monday's surge in stock prices was in part driven by a flurry of merger Monday deals totaling about…

Matthew Fox   


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3 mins read

The biggest home buyers in America are now selling more property than they're buying

Insider's Phil Rosen breaks down the latest housing market data and what it says about the broader …

Phil Rosen   


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2 mins read

The US just spent $290 million on anti-radiation pills used to 'save lives following nuclear emergencies'

The US Department for Health and Human Services said the purchase was part of a "long-standing prog…

Ryan Hogg   


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1 min read

Exxon has soared more than 150% to a record high since it was dropped from the Dow Jones Index as oil surges while replacement Salesforce has fallen 30%

On Wednesday, Exxon Mobil stock soared to its first new record high in eight years, and now hovers …

Phil Rosen