Bavarian Nordic plans to sharply scale up production of its Jynneos vaccine to prepare for a smallpox emergency, CEO Paul Chaplin said.
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FDA grants accelerated approval for Biogen ALS drug that treats rare form of the disease
The FDA’s approval requires Biogen to further study its ALS drug tofersen to further verify its clinical benefits.
Continue readingGap will cut more than 500 workers in latest layoffs, as struggling retailer tries to reduce costs
Gap will lay off more than 500 employees in its latest round of job cuts as the apparel retailer looks to reduce costs and get […]
Continue readingBiogen isn’t concerned about competing with Eli Lilly in the Alzheimer’s drug space, CEO says
Biogen CEO Christopher Viehbacher said during an earnings call that Eli Lilly needs to consider maintenance doses its Alzheimer’s treatment donanemab.
Continue readingTravel recovery boosts jet engine units at GE and Raytheon
The engine sales increase comes as Boeing and Airbus are trying to boost aircraft production.
Continue readingLucid’s Gravity SUV is taking another step toward production with tests on public roads
Lucid has promised that the Gravity will have greater electric range than any SUV currently on the market.
Continue readingWatch live as Japanese ispace aims to be first company to land cargo on the moon
Japanese lunar exploration company ispace is attempting to land its first cargo mission on the moon on Tuesday.
Continue readingMcDonald’s diners are pushing back against price increases in some markets, CEO says
Consumer companies like McDonald’s, PepsiCo and Coca-Cola are reporting mixed reactions to higher prices during the first quarter.
Continue readingGM to end production of electric Chevy Bolt, its first mass-market EV, later this year
The Chevy Bolt EV and EUV, a larger version of the car, make up the vast majority of the company’s electric vehicle sales to date.
Continue readingJetBlue posts quarterly loss but forecasts profit thanks to strong travel demand
JetBlue posted a loss for the first three months of the year but forecast a profit for the second quarter thanks to strong travel demand.
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