Shkreli became known as the ‘most hated man in America’ in 2015 after his company acquired the rights to a life-saving drug used by AIDS and cancer patients then marked up the price by over 5,000%.
Shares in GameStop plummeted a further 42% on Thursday, falling by 84% so far this week as amateur traders cash out following the ‘Reddit rally’ last week.
In a world dominated by a pandemic, you might wonder how its affecting the 10 biggest pharmaceutical companies in the world in 2020 (click to skip ahead and see the top 3 pharma companies). The pharmaceutical industry is a trillion dollar industry globally, achieving the milestone for the first time in 2014, and the biggest […]
Potential La Jolla Pharmaceutical Company (NASDAQ:LJPC) shareholders may wish to note that the Independent Director…
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
For many it is simply a novel way to find out more about the ancestors. But a neuroscientist has raised concerns over popular DNA-testing sites, warning firms are selling off customers’ personal data.
Some see a beaten-down drugmaker on the ropes. Buffett sees a bargain.
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) had a very bad 2017. The government of Israel actually got involved and there were protests in the street because this was a gem of the Israeli business community. TEVA was the largest generic drug manufacturer in the U.S. And it also had a brand drug, Copaxone, that was […]