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1 min read

Retail investors are dumping shares of COVID-19 vaccine makers and piling into antiviral pill maker Merck, data shows

Merck shares have jumped since the drug maker said molnupiravir cuts the risk of COVID hospitalizat…

Carla Mozée   


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4 mins read

Meet the team of Black executives who quickly mobilized hundreds of CEOs to oppose restrictive voting laws

The men, who texted and emailed hundreds of companies, didn't expect to have 700 corporations, nonp…

Natasha Dailey   


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1 min read

Merck CEO Kenneth Frazier is retiring. He is one of only 4 Black CEOs in the Fortune 500, and famously stood up to Trump over Charlottesville in 2017.

Kenneth Frazier, who has led the US pharma giant Merck for nearly 30 years, is retiring, and will b…

Kate Duffy,Reuters   


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2 mins read

US drug giant Merck drops out the COVID-19 vaccine race, after its 2 vaccine candidates failed to generate a strong immune response

Merck said the vaccines failed to produce an adequate immune response. It would focus on two new CO…

Dr. Catherine Schuster-Bruce   


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Over 35 top US CEOs will be meeting PM Modi in New York

"A free flow discussion will be held to see what can be done to make India part of the global suppl…

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1 min read

Indian Drug Maker Sun Pharma Denies Calling Off JV With Merck

“There is no termination of JV of Sun Pharma with Merck (MSD)”, stated the company in its letter da…

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3 mins read

The CEO of Merck has an ominous warning for the middlemen who stand between drug makers and patients

The way he sees it, Merck publishes the list prices the company sets for a particular drug. The lis…

Lydia Ramsey   


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2 mins read

This chart created by Merck's CEO helps the pharma giant set its long-term strategy

He's won back that trust, he demonstrated at the CEO forum, by focusing on the once-controversial s…

Richard Feloni   


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4 mins read

Merck CEO Kenneth Frazier is getting praised after leaving Trump's manufacturing council

In January, Merck published a report outlining the company's average list-price increases for …

Lydia Ramsey   


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5 mins read

Lydia Ramsey   


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4 mins read

Merck's CEO left Trump's manufacturing council over Charlottesville - here's how the rest of the council responded

President Donald Trump speaks during a meeting with manufacturing executives at the White House in …

Bob Bryan,Lydia Ramsey   


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2 mins read

A surfer without a degree is worth $16 billion after his biotech company's stock soared 1,100% in a year

Bob Duggan, 80, has gone from baking cookies to building robots, investing in biotech companies, an…

Theron Mohamed   


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2 mins read

A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free

Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside…

Filip De Mott   


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14 mins read

Inside America's wildest — and most lucrative — lawsuits

Mass torts hold companies accountable for their actions — but they're a product of pure anarchy.

Jack Newsham   


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2 mins read

Auto parts sourcing startup CapGrid raises $7 million from Nexus Venture, others

CapGrid, a B2B cloud manufacturing start-up for precision parts and components, on Monday said it h…

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3 mins read

Pfizer agrees to buy Seagen for $43 billion

The agreement is an early sign that, despite the threat of close antitrust examinations and higher …

ANI   


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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   


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2 mins read

10 things before the opening bell

Goldman Sachs names stock picks with upside, Carl Icahn reveals 5% stake in Southwest Gas, and one …

Phil Rosen   


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2 mins read

George Floyd 'could be me,' says one of America's 4 black Fortune 500 CEOs

Kenneth Frazier runs the $190 billion, coronavirus-fighting pharma giant Merck. But on Monday, he s…

Dominic-Madori Davis   


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More than 70 top Black business leaders are reportedly urging US companies to fight against Republican voting laws

Black business executives across America claim the new voting bill that was passed in Georgia could…

Kate Duffy