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The success story of Cyrus Poonawalla: The vaccine king who is one of the world’s richest billionaires

India’s vaccine king tried to make an affordable Jaguar but chose to go for a ‘product of the masse…

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1 min read

Novavax stock plunges 25% after the COVID-19 vaccine maker warns it could go out of business

Novavax shares sank after the COVID-19 vaccine maker warned it has "substantial doubt" about its ab…

Zinya Salfiti   


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Vaccine makers are making over $1,000 per second and furiously holding on to their monopolies

The COVID-19 pandemic created over 40 new billionaires in the pharmaceutical sector in the last two…

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Moderna soars 24% after the drug maker posts upbeat results from cancer vaccine trial

The pharma giant said combining its cancer vaccine with Merck's Keytruda therapy reduced patients' …

Phil Rosen   


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Huileng Tan   


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Chinese hackers target Indian vaccine makers SII and Bharat Biotech: Report

Both SII and Bharat Biotech are involved in producing Covid-19 vaccine. Moreover, Cyfirma add…

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Moderna tanks 14% after COVID-19 vaccine maker cuts yearly sales outlook and misses 3rd-quarter expectations

Short-term supply constraints led Moderna to cut its 2022 revenue outlook to a range of $18 billion…

Carla Mozée   


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Retail investors are dumping shares of COVID-19 vaccine makers and piling into antiviral pill maker Merck, data shows

Merck shares have jumped since the drug maker said molnupiravir cuts the risk of COVID hospitalizat…

Carla Mozée   


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How vaccine-makers are combating variants

These are Business Insider's biggest healthcare stories for February 1.

Lydia Ramsey Pflanzer   


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Pfizer drops after issuing weaker 2022 outlook, dragging COVID-19 vaccine makers Moderna and Novavax down with it

The drugmaker expects 2022 revenue of $98 billion to $102 billion, which fell below analyst expecta…

Matthew Fox   


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Carla Mozée   


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India’s vaccine king Adar Poonawalla will pay $69,000 a week to live on the same neighbourhood as Winston Churchill once did

Poonawalla, who is an alumnus of the University of Westminster, has often referred to London…

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Marjorie Taylor Greene, who has boasted about being unvaccinated, owns stock in 3 major vaccine makers

Insider's Conflicted Congress project revealed Greene holds AstraZeneca, Pfizer, and Johnson & John…

Bill Bostock   


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Biological E, Bharat Biotech together sitting on stockpile of 250 million COVID vaccine doses

stockpile of 50 million doses of Covaxin. Dr Vikram Paradkar, Executive Vice President (M…

PTI   


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Moderna, BioNTech plunge as Bernie Sanders slams 'obscene' profits and tells drug makers to share COVID-19 vaccines with the world

"It's time for these pharmaceutical companies to share their vaccines with the world and start cont…

Matthew Fox   


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Bharat Biotech to make antigen for first-ever anti-malaria vaccine

The first dose of the vaccine has reached more than 500,000 children since the pilots we…

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Moderna drops, Arbutus pops after patent ruling means vaccine maker could owe royalties on billions in COVID shot revenue

The patents subject to the court's ruling cover a lipid formulation for nucleic acid delivery, whic…

Matthew Fox   


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Moderna slumps 11% as the vaccine-maker's Q1 revenue misses estimates

The pharma company's full-year sales forecast for its vaccine was raised to $19.2 billion, up from …

Shalini Nagarajan   


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Russian vaccine makers are trying to push AstraZeneca COVID-19 vaccine's efficacy to beyond 90%

With the Drug Controller General of India (DCGI) approving Serum Institute of India's 'Covishield' …