Tag: initial
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Alzheimer’s setback prompts rethink of Lilly, Biogen stock outlooks
By Lewis Krauskopf NEW YORK (Reuters) – Eli Lilly & Co’s massive setback for its experimental Alzheimer’s disease treatment on Wednesday sent investors scrambling to re-evaluate shares of the U.S. drugmaker and those of companies making competing therapies, including biotech stalwart Biogen Inc. Lilly shares tumbled 10.5 percent, and fell to their lowest point in…
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Contenders, picks for key jobs in Trump’s administration
(Reuters) – Donald Trump on Wednesday picked South Carolina Governor Nikki Haley as his U.S. ambassador to the United Nations and wealthy Republican donor Betsy DeVos as education secretary. It was the latest move from the Republican president-elect as he works to fill administration positions before his Jan. 20 inauguration. His transition team said he…