Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal

[ad_1] Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its blockbuster cancer drug Keytruda and HPV vaccine Gardasil. The pharmaceutical giant posted a quarterly loss, however, due to charges associated with the company’s acquisition of Prometheus Biosciences earlier this year.  Merck swung to a net loss of $5.98 billion, or…

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Johnson & Johnson sues Biden administration over Medicare drug price negotiations

[ad_1] Pavlo Gonchar | LightRocket | Getty Images Johnson & Johnson on Tuesday sued the Biden administration over Medicare’s new powers to slash drug prices, making it the third pharmaceutical company to challenge the controversial provision of the Inflation Reduction Act.   The lawsuit filed in federal district court in New Jersey argues the Medicare negotiations…

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Biden administration to provide free Covid vaccines to uninsured Americans this fall through end of 2024

[ad_1] A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images The Biden administration on Thursday announced a program to provide free Covid vaccines to uninsured Americans through December 2024…

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India’s Digital Transformation Gains Momentum As Modi Completes Nine Eventful Years – News18

[ad_1] As Prime Minister Narendra Modi marked nine years in office after first assuming power in May 2014, several policy initiatives undertaken by him have transformed India’s digital landscape. The initiatives include Digital India, DigiLocker, Digital Village, UPI and MyGov, among others. The digitalisation drive has led to many new opportunities being created for both…

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