Pharmaceutical manufacturing

FILE - In this June 20, 2018 file photo, Catoctin Creek Distillery whiskey is on display in a tasting room in Purcellville, Va. American dairy farmers, distillers and drug makers have been eager to break into India, but it look like they'll have to wait. Indian is the world’s seventh-biggest economy but it's also a tough-to-penetrate colossus of 1.3 billion people. Trade talks between the Trump administration and New Delhi were intended to forge at least a modest deal in time for President Donald Trump’s visit to India that begins Monday. But the talks appear to have fizzled for now. It's important to remember that Trump and Indian Prime Minister Narendra Modi are fierce nationalists who favor protecting their own producers over opening their markets to foreign competition. (AP Photo/Steve Helber, File)
February 22, 2020 - 12:30 pm
WASHINGTON (AP) — American dairy farmers, distillers and drugmakers have been eager to break into India, the world’s seventh-biggest economy but a tough-to-penetrate colossus of 1.3 billion people. Looks like they’ll have to wait. Talks between the Trump administration and New Delhi, intended to...
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In this Jan. 31, 2020, photo, Ann Lovell carries her box of prescriptions after returning to Salt Lake City International Airport following her visit to Tijuana, Mexico. Lovell travels every few months to Tijuana, Mexico, to buy medication for rheumatoid arthritis with tickets paid for by the state of Utah's public insurer. Lovell is one of about 10 state workers participating in a year-old program to lower prescription drug costs by having public employees buy their medication in Mexico at a steep discount compared to U.S. prices. (AP Photo/Rick Bowmer)
February 09, 2020 - 10:56 am
SALT LAKE CITY (AP) — Ann Lovell had never owned a passport before last year. Now, the 62-year-old teacher is a frequent flier, traveling every few months to Tijuana, Mexico, to buy medication for rheumatoid arthritis — with tickets paid for by the state of Utah’s public insurer. Lovell is one of...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
February 05, 2020 - 2:59 pm
Drugmaker Merck beat Wall Street's fourth-quarter profit expectations, but investors weren't as happy with the biggest move Merck's made in years: deciding to spin off its women's health division and other operations with $6.5 billion in annual revenues. The maker of cancer blockbuster Keytruda...
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A worker wearing a protective suit stands in front of an electronic display board in the lobby of the Shanghai Stock Exchange building in Shanghai, Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo)
February 03, 2020 - 7:51 am
BANGKOK (AP) — China's main stock index tumbled nearly 8% Monday as the country's markets reopened and regulators sought to calm investors over the impact of a virus that has spread to more than 20 countries and killed more than 360 people. Other markets, including in Europe and Wall Street futures...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
January 28, 2020 - 3:27 pm
Stocks moved broadly higher on Wall Street in afternoon trading Tuesday, reversing most of the indexes' losses from a sell-off the day before. The gains placed the market on track to snap a two-day skid fueled by fears that the spread of a new virus in China could hamper global ecomomic growth. The...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer is reporting a $306 million loss for the fourth quarter after it shifted its consumer health business into a joint venture last year. It narrowly Wall Street expectations for net income when nonrecurring events are removed. The biggest US drugmaker on Tuesday, Jan. 28, 2020 reported a net loss of 6 cents per share. (AP Photo/Mark Lennihan, File)
January 28, 2020 - 9:44 am
Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and a slight miss of Wall Street's profit expectations. The biggest U.S. drugmaker, which is divesting lower-profit segments to focus on its more lucrative new prescription drugs...
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FILE - In this Aug. 4, 2017, file photo, Martin Shkreli leaves federal court in New York while on trial for deceiving investors in a pair of failed hedge funds. On Monday, Jan. 27, 2020, New York state and federal authorities sued the imprisoned Shkreli, also known as "Pharma Bro," over business tactics that helped make him the bad-boy face of profiteering in pharmaceuticals, seeking to bar him from the industry for life. (AP Photo/Seth Wenig, File)
January 27, 2020 - 8:27 pm
NEW YORK (AP) — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face of pharmaceuticals profiteering...
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January 25, 2020 - 11:25 am
NEW YORK (AP) — Stocks around the world fell this week on worries that a new type of virus in China may ultimately hit profits for companies from Wuhan to Washington. The World Health Organization has held off on calling the outbreak a global health emergency but says it may become one. The virus...
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FILE - In this Wednesday, Jan. 22, 2020, file photo, a staff member moves bio-waste containers past the entrance of the Wuhan Medical Treatment Center in Wuhan, China, where some people infected with a new virus are being treated. The new virus comes from a large family of coronaviruses, some causing nothing worse than a cold. Others named SARS and MERS have killed hundreds in separate outbreaks. (AP Photo/Dake Kang, File)
January 24, 2020 - 11:12 pm
The new virus from China has the world on edge because it’s a close cousin to viruses that killed hundreds in separate outbreaks. While it’s too early to tell if this latest threat will prove as deadly, health authorities are drawing on lessons from that grim past. WHAT’S THE LINK The new virus...
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FILE - In this Jan. 9, 2020, file photo specialist Brian Giannettino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 24. (AP Photo/Richard Drew, File)
January 24, 2020 - 5:03 pm
Health care companies led a broad slide in U.S. stocks Friday as increased fears over the spread of a deadly outbreak of coronavirus rattled markets. The S&P 500 had its worst day since early October and snapped a two-week winning streak. The sell-off followed news that a Chicago woman has...
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