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Inside Rossari Biotech earnings: Input cost falls twice as much as revenue

Rossari recorded 14.3% fall in revenue to ₹109.4 crore but its net profit grew 7.4% to ₹15.2 cro…

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AI could help predict the financial earnings of companies as large as Apple, researchers say

A group of University of Chicago researchers found that GPT-4 outperformed human financial analysts…

Lloyd Lee   


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Here's why Rossari Biotech bought Unitop Chemicals for ₹421 crore

The company’s share price is up by 2.5% as of 12:30pm on June 3, after the announcement. "We bel…

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Concord Biotech’s IPO subscribed almost 25x with good interest from QIBs

Ahmedabad-based pharma company Concord Biotech received a tepid response from investors on the firs…

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Top stock movers — Future Enterprises, HAL, Suntek, Oberoi Realty, M&M, ICICI Bank, Maruti Suzuki, Bajaj Auto and more

Indian benchmark stock index, Sensex advanced over 175 points in early trade on Thursday, led by fi…

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Top stocks to watch on Monday— Indiabulls Housing Finance, Future Enterprises, RIL, Tata Power, Dixon Tech, Rossari Biotech and more

Indian stock-market indices are likely to open in green on Monday, on the back of positive cues fro…

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Everything you need to know about the biotech market's meltdown — and how companies can survive it

Biotech has been hit hard by the recent downturn. Here's what you need to know about how public and…

Leah Rosenbaum   


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TikTok employees spied on US journalists

ByteDance, the Chinese parent company of TikTok, said on Thursday that an internal investigation fo…

ANI   


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Denmark's first meme stock plunges another 37% as a key broker warns of the risks extreme trading poses to investors

The small biotech firm, which was popular on Reddit, saw its market value jump from $200 million in…

Shalini Nagarajan   


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Mutual funds tank up on financial services and retail stocks

Mutual funds raised stakes in the financial services sector as economic activity and consumer deman…

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VCs warn of a glut of cancer startups

These are Insider's biggest healthcare stories for August 17.

Lydia Ramsey Pflanzer   


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Delta's surging and antibodies are waning: What to know about when we'll need COVID-19 booster shots

Pharma companies are advocating COVID-19 boosters, but not all experts are convinced. Here's the la…

Andrew Dunn   


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Moderna says we'll need COVID-19 booster shots this fall, predicting that protection from its vaccine will wane

"We really do believe the virus is here to stay for the long term," a top Moderna executive said.

Andrew Dunn   


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Men fill more than 9 in 10 biopharma CEO positions, an inequity that costs women more than $500 million in pay each year

Despite more attention being paid to diversity efforts, 92% of top biopharma CEOs are men, an Insid…

Shelby Livingston,Andrew Dunn   


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Novavax says its coronavirus vaccine was 90% effective in a large trial, moving the shot a step closer to widespread use

Novavax fell behind rivals like Pfizer and Moderna, and the biotech's launch timeline remains hazy.

Andrew Dunn   


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Biogen plummets 32% after its Alzheimer's therapy fails to win support from FDA advisory committee

The committee voted 8-1 that data from a Biogen study evaluating patients with mild Alzheimer's was…

Matthew Fox   


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The FDA just approved the first new Alzheimer's drug in 18 years

The Food and Drug Administration approved Biogen's Alzheimer's disease treatment even though outsid…

Allison DeAngelis   


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Chinese hackers target Indian vaccine makers SII and Bharat Biotech: Report

Both SII and Bharat Biotech are involved in producing Covid-19 vaccine. Moreover, Cyfirma add…

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A biotech makes a $7.2 billion bet on medical marijuana

Welcome to Insider Cannabis, where we're bringing you an inside look at the deals, trends, and pers…

Jeremy Berke,Yeji Jesse Lee