Kodak Loan Involved No Wrongdoing, DFC Concludes
The company was cleared to receive a $765 million federal loan to make drug ingredients for the U.S. government.
Amazon Opens Online Pharmacy
“The news represents a disruption to the system and competitive threat that will likely shift scripts away from the retail channel.”
Trump Administration Unveils Deal to Make COVID-19 Drugs in U.S.
The $354 million project is designed to reduce the country's reliance on drugs and pharmaceutical ingredients from foreign manufacturers.
Eli Lilly to Buy Cancer Drug Specialists Loxo Oncology
In the second major pharmaceutical deal of the year, Eli Lilly will pay about $8 billion for Loxo Oncology.
Bristol-Myers to Buy Big Pharma Rival Celgene
The $74 billion deal could create the fourth-largest U.S. pharma firm, with a portfolio that includes nine blockbuster drugs.
New Products Fuel Eli Lilly Q1 Earnings Beat
Drugs such as the diabetes treatment Trulicity "led the company to a strong quarter of volume-driven revenue growth."
Bayer Discloses $62B Offer for Monsanto
The deal would create the world's largest agricultural supplier but Bayer shareholders fear it will be detrimental to its pharmaceutical business
Mylan to Pay 92% Premium for Sweden’s Meda
After a relentless pursuit, pharmaceutical firm Mylan pays a large premium to acquire a company that sells over-the-counter drugs.