These Are The World’s Largest Drug And Biotech Companies

in the first quarter thanks to higher demand. It pulled in $20.7 billion in sales last quarter for profits of $2.30 per share. In an earnings release, the company said that sales of consumer products like Tylenol and Zyrtec rose nearly 10% as consumers stocked up on over-the-counter drugs to reduce fever and other symptoms associated with COVID-19.

Johnson & Johnson, which has a market cap of $387 billion, announced in March that it has chosen a leading vaccine candidate for the virus; it anticipates starting human trials by September of this year. Chief scientific officer Paul Stoffels told ABC’s “The Week” that the company is aiming to deliver

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Drug pushers. Yrumps beloved Dow needs speculative hype

How awesome that some companies are making huge monies on this COVID19 thingy... 🤑

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PNC Financial to Exit Full Investment in BlackRockBlackRock's largest shareholder, PNC Financial, is exiting its roughly 22% stake in the firm, ending a lucrative wager on the world’s largest money manager Obvious. I may be stating the obvious, but announcing a huge sale at this uncertain time has a hint of desperation about it, compared with an offer to purchase. davidmwessel Unfolding. Let’s see the post sale impact on institutional vs non institutional in near to mid term horizon.
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