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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
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
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
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
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
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
The man in charge of discovering new drugs at the world's biggest biotech told us how Amgen's 'triple threat' genetics approach can overcome the industry's high failure rates
The California biotech is still selling some treatments for kidney disease, bone health, and brain …
Andrew Dunn
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
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
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
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
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
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
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
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
Krysten Sinema is choosing lower taxes for the richest Americans over better healthcare for average Americans - and cutting the legs out from under the Build Back Better plan
In 2017, Kyrsten Sinema voted against Trump's agenda. Today, she's known as Big Pharma's favorite s…
Laura Packard
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
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
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
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 …