Biden administration asserts power to seize drug patents in move to slash high prices

President Joe Biden speaks about protecting Social Security, Medicare, and lowering prescription drug costs, during a…

Free ChatGPT may incorrectly answer drug questions, study says

Harun Ozalp | Anadolu | Getty Images The free version of ChatGPT may provide inaccurate or…

Pfizer’s twice-daily weight loss pill joins a long list of obesity drug flops

Sopa Images | Lightrocket | Getty Images Pfizer’s twice-daily version of its experimental weight loss pill…

Pfizer to discontinue twice-daily weight loss pill due to high rates of adverse side effects

Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss…

Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen for $10 billion

Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on…

Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them

A sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14,…

Pfizer wants in on the weight loss drug market – and upcoming data will be crucial for its success

CFOTO | Future Publishing | Getty Images As its Covid gains evaporate, Pfizer wants a chunk…

Eli Lilly says supply of blockbuster diabetes drug Mounjaro has improved in U.S.

A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes…

Moderna posts quarterly loss as company takes $1.3 billion write-down on unused Covid shots

Nikos Pekiaridis | Lightrocket | Getty Images Moderna on Thursday posted a steep loss for the…

Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine write-offs

CFOTO | Future Publishing | Getty Images Pfizer on Tuesday reported a narrower than expected adjusted…