FDA

FDA Requests Additional Testing for Device Recall

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  • Post last modified:October 6, 2023

Shares of Royal Philips have experienced a sharp decline following an announcement from the U.S. Food and Drug Administration (FDA) expressing dissatisfaction with the status of the company's recall of…

Investor Confidence in Biopharma Sector Takes a Hit

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  • Post last modified:July 10, 2023

New approvals from the Food and Drug Administration (FDA) are continuing to put downward pressure on the share prices of drug developers, indicating a growing skepticism among investors towards the…

FDA Approves Gilead’s Antiviral Drug Veklury

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  • Post last modified:October 23, 2020

The U.S. Food and Drug Administration (FDA) has approved Gilead Sciences Inc.’s Veklury (remdesivir), an antiviral drug for the treatment of patients with COVID19 requiring hospitalization, according to the company’s…