Gilead alleges drug counterfeiting operation at NYC pharmacies

Gilead alleges drug counterfeiting operation at NYC pharmacies

Gilead HIV prescription bottles seized at Best Scripts pharmacy. Courtesy: Gilead Sciences Gilead Sciences says it uncovered a dangerous drug-counterfeiting operation in which its HIV medications were tampered with and improperly resold before reaching patients. The scheme, allegedly run out of two New York City pharmacies, identified Peter Khaim, a twice-convicted medical fraudster, as the … Read more

Gilead stock falls after disappointing lung cancer study results

Gilead stock falls after disappointing lung cancer study results

Sopa Images | Lightrocket | Getty Images Shares of Gilead fell more than 9% on Monday after a key drug from the company did not significantly extend the lives of patients with a certain lung cancer in a late-stage trial. The results are a blow to Gilead, which is working to become a power player … Read more

Big Pharma takes on counterfeit drugs

Big Pharma takes on counterfeit drugs

In Las Vegas, Lazaro Hernandez was a flamboyant, jet-setting poker player shown in televised tournaments with stacks of colorful chips. But the casually dressed gambler spotted on security cameras with wads of cash at the casino cage was hiding a secret life. And federal investigators say he was gambling with people’s lives. Hernandez, they say, … Read more

Kroger, DocuSign, Planet Labs, First Solar and more

Kroger, DocuSign, Planet Labs, First Solar and more

Traders work as screens display the trading information for Kroger Co and Albertsons Cos Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Hudson Pacific Properties — The California-based commercial real estate company … Read more