Tag: COVID-19

February 2, 2023

Eli Lilly & Co. said revenue for the recently ended quarter fell 9% as lower sales of its Covid-19 antibodies and the strong U.S. dollar weighed on growth. The pharmaceutical company said Thursday that quarterly revenue fell 9% to $7.30 […]

January 26, 2023

As medical device companies strive to remain competitive and agile in today’s fast-paced world, they must center manufacturing in business optimization plans while embracing a design-to-value approach from the start. The COVID-19 pandemic accelerated the healthcare industry’s transformation, driving faster […]

January 10, 2023

Prealize, an artificial intelligence (AI)-enabled predictive analytics company, today announced the release of its much anticipated, third annual State of Health Report. Prealize’s 2023 State of Health – In The Aftermath identifies the top at-risk conditions and utilization spikes that […]

December 29, 2022

Covid-19 issues in China are still hampering manufacturing of Apple Inc.’s AAPL 3.14%increase; green up pointing triangle iPhone, but production is beginning to catch up to demand for the more-expensive Pro models, according to analysts and people involved in the […]

November 30, 2022

Auto makers in China including Volkswagen AG VOW 0.74% and Honda Motor Co. HMC -0.08% have halted production at some plants as authorities persist in using strict measures to control Covid-19 outbreaks. Volkswagen has suspended production at its Chengdu plant […]

November 8, 2022

Jiangsu Recbio Technology Co., Ltd. (the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that positive results were achieved for its primary vaccination Phase II study in the Philippines and heterologous booster vaccination Phase II study in […]

November 7, 2022

Two-and-a-half years after Covid-19 emerged, reported infections are way down, pandemic restrictions are practically gone and life in many respects is approaching normal. The labor force, however, is not. Researchers say the virus is having a persistent effect, keeping millions […]

November 3, 2022

Moderna Inc.’s third-quarter revenue fell by nearly a third and the pharmaceutical company cut its outlook, saying as part of its earnings report that supply constraints for its Covid-19 vaccines might sap as much as $3 billion in sales this […]

August 31, 2022

Chinese factory activity shrank and home sales tumbled in August, as the world’s second-largest economy struggled to shake off the impact from Covid-19 flare-ups, its worst heat wave in six decades and a deepening real-estate downturn. As the heat wave […]

July 27, 2022

Boston Scientific weathered ongoing COVID-19 and macroeconomic pressures in the second quarter, leading the company to raise its 2022 forecast for organic revenue growth. CEO Michael Mahoney said on a Wednesday earnings call that the company now expects more “durable […]

July 26, 2022

Consumers are still filling up on soda even if they have to pay more. Coca-Cola Co. KO 1.80%▲ on Tuesday reported strong second-quarter sales and raised its revenue outlook for the year as people return to theme parks, movie theaters […]

June 17, 2022

Four of the top 14 semiconductor companies (Intel, Qualcomm, Nvidia and Texas Instruments) are expecting lower revenues in 2Q 2022 versus 1Q 2022. All four cited COVID-19 related lockdowns in China as a factor. China locked down several major cities […]

May 23, 2022

The past few years have proved challenging for the auto manufacturing industry. Automakers faced a slew of obstacles amid the COVID-19 pandemic, but few were as far-reaching and disruptive as the chip shortage. Median semiconductor inventories fell from 40 days […]

May 13, 2022

The chemical industry is essential to the health of the global economy, influencing many other industries including the textile, automobile, and pharmaceutical industries. Incredibly, the chemical industry affects the production of more than 96% of the manufactured goods we use […]

May 4, 2022

Moderna Inc. MRNA -1.16% said that its first-quarter revenue and profit tripled from a year earlier on higher sales of its Covid-19 vaccine and that a fall booster-shot campaign could drive continued sales gains. The biotechnology company’s revenue topped $6 […]

April 28, 2022

Essentium, Inc., a worldwide leader in industrial additive manufacturing (AM), today announced the Essentium High Speed Extrusion (HSE™) 3D Printing Platform and industrial materials were used to conceptualize, design, prototype, and manufacture ten functional Worlds Protect COVID-19 breathalyzer kiosks in […]

April 19, 2022

Johnson & Johnson JNJ +3.04% suspended full-year guidance for sales of its Covid-19 vaccine, citing a global surplus of doses and uncertainty over how the course of the pandemic will affect demand. The healthcare-products company said Tuesday that Covid-19 shots […]

March 14, 2022

A surge in Covid-19 cases led Chinese manufacturing hubs Shenzhen and Changchun to lock down in recent days, halting production at many electronics and auto factories in the latest threat to the world’s battered supply chain. A number of manufacturers […]

March 3, 2022

The increasing use of hydrogen in oil refineries and the chemical industries is contributing to the growth of the hydrogen energy storage market. Hydrogen is used for processing foods, treating metals, refining petroleum, and producing fertilizers. To lower the sulfur […]

February 11, 2022

Diabetes technology has been one of the most resilient markets during the pandemic, with companies like Dexcom, Tandem Diabetes Care and Insulet growing revenues and users as the adoption of wearable devices and digital health technologies have taken off. Along […]