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Spero Therapeutics plummets 15% as FDA rejects new drug application

Spero Therapeutics , Inc. shares plunged around 15% after-hours following the company’s announcement, according to which the U.S. Food and Drug Administration (FDA) had...

FDA investigating another baby death possibly tied to Abbott formula

US Food and Drug Administration officials are investigating the death of another infant who was given formula made by Abbott Laboratories. The infant died in...

Abbott infant formula plant closes again after severe storms and flooding, shares plummet

Abbott Laboratories (ABT.N) has stopped production of the EleCare specialty baby formula at its plant in southwestern Michigan after thunderstorms and heavy rains flooded...

FDA approves Lilly and Incyte’s Olumiant® for alopecia areata

Eli Lilly and Company and Incyte announced  that the U.S. Food and Drug Administration (FDA) has approved OLUMIANT® (baricitinib), a once-daily pill, as a...

Bluejay Diagnostics shares down 31% after rising Thursday

Bluejay Diagnostics Inc. shares reversed course from Thursday's gains, dropping 31% to $1.12 one day after saying the Food and Drug Administration has agreed...

Novavax’s COVID-19 vaccine received FDA AdCom approval, clearing “serious hurdles”

Novavax, Inc., a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, Tuesday announced the U.S. Food and Drug Administration...
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