Tag Archives: plummets

Mayo Clinic Q2 profit plummets under COVID-19 strain, but still in the black

Dive Brief: The Mayo Clinic saw a nearly 6.1% drop in revenue during the second quarter ending June 30, with much of that decline attributed to the COVID-19 pandemic. Revenue at the Midwest division, where it is headquartered, was down more than 10%. While the Rochester, Minnesota-based nonprofit did post a $ 154 million operating profit… Read More »

Zogenix plummets 30% after FDA refuses to review its seizure treatment

The U.S. Food and Drug Administration on Monday refused to fully review the marketing application for Zogenix‘s treatment for seizures associated with Dravet syndrome, a rare form of childhood epilepsy, the company said. As part of a preliminary review, FDA determined that the application was not sufficient enough for a substantive review. Shares of Zogenix… Read More »