Corona News Bulletins

Mifepristone will remain largely unavailable in 13 states that have banned abortion despite the Supreme Court's decision last week to up...

Eli Lilly says obesity drug tirzepatide resulted in weight loss of up to 34 pounds

Eli Lilly plans to complete its application for FDA approval of tirzepatide in the coming weeks and expects regulatory action as early as la...

Eli Lilly misses on earnings but raises full-year guidance

The company reported adjusted earnings of $1.62, which missed analyst expectations of $1.73 for the quarter. from Health and Science https...

Merck revenue falls after dramatic drop in sales of Covid antiviral treatment

Despite the drop in molnupiravir sales, Merck's revenue and adjusted earnings for Q1 2023 beat Wall Street's expectations. from He...

Alzheimer's: Medicare will cover Leqembi for all patients if FDA approves drug, CMS chief says

April 26, 2023

Medicare has severely restricted access to the medication Leqembi, which costs $26,500 per year, because the FDA approved it just on an expe...

No prison yet for Elizabeth Holmes following last-ditch appeal

April 26, 2023

Theranos founder Elizabeth Holmes has appealed a judge's ruling that she report to prison on Thursday. from Health and Science https:/...

Illumina unveils plans to cut costs as it faces shrinking margins

April 25, 2023

The plans aim to reduce Illumina's annualized run rate expenses by more than $100 million starting later this year. from Health and Sc...

FDA grants accelerated approval for Biogen ALS drug that treats rare form of the disease

April 25, 2023

The FDA's approval requires Biogen to further study its ALS drug tofersen to further verify its clinical benefits. from Health and Sci...

Mpox outbreak was wake-up call for smallpox preparation, vaccine maker Bavarian Nordic says

April 25, 2023

Bavarian Nordic plans to sharply scale up production of its Jynneos vaccine to prepare for a smallpox emergency, CEO Paul Chaplin said. fr...

Johnson & Johnson to price shares of consumer spinoff Kenvue at $20 to $23 in IPO

April 24, 2023

J&J said it launched a roadshow for Kenvue's IPO of more than 151 million shares of common stock. from Health and Science https://...

Johnson & Johnson consumer health unit valued at $40 billion ahead of IPO, report says

April 24, 2023

J&J's consumer health unit Kenvue aims to raise $3.5 billion or more in the initial public offering, sources told the Wall Street Jo...

Supreme Court says abortion pill mifepristone will remain broadly available during legal battle

Mifepristone has become the central flashpoint in the legal battle over abortion since the Supreme Court last summer overturned Roe v. Wade....

Eli Lilly, Novo Nordisk and Sanofi CEOs to testify before Senate on lowering insulin prices

Eli Lilly, Novo Nordisk and Sanofi control 90% of the insulin market in the U.S, where a quarter of all health-care spending is on people wi...

A.I. takes center stage at HIMSS health conference

Experts say AI technology has "tremendous" potential solving big problems in health care from Health and Science https://ift.tt/...

Oxford malaria vaccine rollout could have 'major' implications in sub-Saharan Africa, economist says

Nigeria this week joined Ghana in provisionally approving a new malaria vaccine developed by scientists at the University of Oxford. from ...

Senate legislation would cap insulin at $35 per month for people with private insurance

More than 2 million patients with diabetes who take insulin are privately insured, according to the Health and Human Services Department. ...

U.S. bankruptcy judge halts 40,000 talc-cancer lawsuits against Johnson & Johnson

April 20, 2023

Judge Michael Kaplan's decision is part of J&J's second attempt to settle tens of thousands of talc-cancer cases in bankruptcy p...

DOJ charges 18 people — including doctors — in massive Covid health care fraud takedowns

April 20, 2023

The alleged health care fraud schemes involved false billing and theft from federal programs, fake Covid vaccine cards, and Covid test kits....

Moderna teams up with IBM to put AI, quantum computing to work on mRNA technology used in vaccines

April 20, 2023

Moderna's partnership with IBM comes as the drugmaker navigates its post-pandemic boom driven by its mRNA Covid vaccine. from Health ...

Supreme Court maintains full access to abortion pill mifepristone until at least Friday

A complex legal battle over access to the abortion pill mifepristone has landed at the Supreme Court. from Health and Science https://ift....

Abortion pill company GenBioPro asks U.S. court to keep generic mifepristone on market

The Supreme Court is considering whether to maintain a court order that would severely restrict access to the abortion drug mifepristone. ...

California and other Western states lead in unhealthy levels of air pollution, report shows

The American Lung Association report found that communities of color are disproportionately exposed to air pollution. from Health and Scie...

Why U.S. vacation policies are so much worse than Europe's

Even though a majority of American workers do have some kind of paid time off, nearly half of them report not using all of their vacation ti...

Johnson & Johnson expects no new Covid vaccine revenue, after shots drive earnings beat

J&J's unpopular Covid vaccine appeared to bear its last fruit during the first quarter, contributing $747 million in sales. from H...

Wall Street upgrades Emerson and Danaher, while Apple expands in India. Here are the Club stocks making headlines Tuesday

Danaher and Emerson Electric are now stocks worth buying, according to Wall Street analysts. Meanwhile, Apple's growth strategy took a s...

Anti-abortion group asks Supreme Court to keep mifepristone restrictions

Supreme Court Justice Samuel Alito on Friday temporarily blocked abortion pill restrictions until 11:59 p.m. Wednesday. from Health and Sc...

Club meeting recap: Jim Cramer says Johnson & Johnson's post-earnings sell-off is wrong and a chance to buy

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. from Health and Science https://ift.tt/ZOBTpiH h...

Johnson & Johnson beats on earnings and revenue, raises full-year guidance

J&J, whose financial results are considered a bellwether for many health companies, said its first-quarter sales grew 5.6% over the same...

Moderna shares fall despite promising data from cancer vaccine trial

April 17, 2023

Moderna's mRNA vaccine, when combined with Merck's blockbuster drug Keytruda, showed promise in treating melanoma, a kind of skin ca...

Abortion providers rush to make backup plans as Supreme Court decides whether to keep limits on mifepristone

April 14, 2023

Abortion clinics are working to preserve access to the most common type of abortion in the U.S., even as a larger legal fight over mifeprist...

Supreme Court lifts abortion pill restrictions for now

April 14, 2023

A U.S. appeals court blocked an earlier decision suspending the FDA's approval of mifepristone, but imposed restrictions on its use. f...

Supreme Court asked to block ruling that threatens access to abortion pill mifepristone

April 14, 2023

An appeals court ruling temporarily allowed the abortion pill mifepristone to stay on the market but imposes limits on its use. from Healt...

Florida House passes six-week abortion ban backed by DeSantis

April 13, 2023

The six-week abortion ban bill now goes to Florida Gov. Ron DeSantis, who is expected to sign it into law. from Health and Science https:...

Key court ruling does not restrict abortion pill access in 17 states, Washington state AG says

April 13, 2023

The Justice Department is escalating the abortion pill legal case to the Supreme Court after an appeals court ruling limited access to the d...

U.S. appeals court allows abortion pill mifepristone to stay on the market, but blocks mail delivery

April 13, 2023

Judges blocked mail delivery of the abortion pill mifepristone, re-imposed doctor's visits, and shortened the length of time it can be u...

House Democrats call for immediate hearing on Texas abortion pill ruling

All 23 Democrats on the commerce committee wrote in a letter that the Texas abortion pill ruling undermines the FDA's authority over the...

Juul to pay $462 million to settle youth vaping claims from six states, D.C.

The attorneys general accused Juul of marketing addictive vaping products to underage teenagers. from Health and Science https://ift.tt/AP...

Antiabortion group says appeals court lacks authority to block Texas abortion pill ruling

The Justice Department has said it will ask the Supreme Court to intervene in the case if necessary. from Health and Science https://ift.t...

Abortion pill ruling puts 'judge shopping' concerns back in spotlight

Trump-appointed Judge Matthew Kacsmaryk is the only U.S. district judge in the Amarillo division of the Northern Texas District. from Heal...

New York and California are stockpiling alternative abortion pill misoprostol

New York Gov. Kathy Hochul has ordered the state health department to immediately start purchasing 150,000 doses of misoprostol, a five-year...

Abortion pill alternative: The drug that could be used if Texas ban on mifepristone upheld

A Texas judge's ruling could ban the abortion pill mifepristone, but misoprostol will remain available as an off-label treatment for end...

States where abortion is legal warn appeals court about Texas mifepristone ruling

A Texas federal judge said the FDA's approval of the abortion pill mifepristone is invalid. A group of states asked an appeals court to ...

Moderna says it expects up to $15 billion in sales of Covid, RSV, flu vaccines in 2027

Moderna said it sees a corresponding operating profit from its Covid, RSV, and flu vaccines in the range of $4 billion to $9 billion in 2027...

Health misinformation is lowering U.S. life expectancy, FDA Commissioner Robert Califf says

Dr. Robert Califf says in an interview with CNBC that better regulation is needed to combat health misinformation that's costing America...

DOJ asks judge to clarify legality of abortion pill mifepristone after dueling court rulings

Dueling court rulings out of Washington state and Texas have created confusion about the abortion pill mifepristone's legal status in th...

Moderna says it hopes to offer new vaccines for cancer, heart disease, and other conditions by 2030

Moderna's chief medical officer said advancements in mRNA technology since the outset of the Covid pandemic have ushered in a golden age...

Justice Department asks appeals court to keep abortion pill mifepristone on market as litigation plays out

Danco Laboratories will likely ask the Supreme Court to intervene if the 5th Circuit does not at least temporarily block Kacsmaryk's dec...

Pfizer CEO signs letter in support of FDA after federal judge suspends approval of abortion pill

Pfizer's CEO was among the more than 200 pharmaceutical company executives who signed the letter after a federal judge's controversi...

Federal judge stays FDA abortion pill approval, gives Biden administration time to appeal

April 07, 2023

A federal judge in Texas on Friday stayed the FDA's appwroval of the abortion pill mifepristone, but delayed the ruling taking effect fo...

Alzheimer’s patients retain the benefits of Leqembi even when they stop the drug, Eisai says

April 06, 2023

Alzheimer's patients who take Leqembi retain the benefits of the treatment even when they stop taking it, new research by Eisai and Biog...

Pfizer RSV vaccine for older adults should be monitored for nervous system condition Guillain-Barre, scientists say

April 06, 2023

Scientists said Pfizer's RSV vaccine for older adults should be monitored for Guillain-Barre, in an article published in the New England...

Idaho bans adults from helping minors cross state lines to get an abortion without parents' consent

April 06, 2023

from Health and Science https://ift.tt/SNdqZ96 https://ift.tt/JGPqSdY https://ift.tt/1Q3fANg

Carl Icahn says Illumina’s appeal of FTC order to divest Grail is ‘an almost impossible battle’

Carl Icahn shares common ground with the FTC, which argued that Illumina's acquisition of cancer test developer Grail would stifle compe...

Biden EPA cracks down on mercury pollution from power plants

The proposal to limit mercury is latest action by the Biden administration to address environmental justice and air pollution. from Health...

Johnson & Johnson shares rise after company proposes baby powder cancer settlement

Wall Street analysts were encouraged by J&J's proposal to pay $8.9 billion to settle claims that its baby powder and other talc prod...

Eli Lilly says experimental Alzheimer's drug reduces brain plaque in early study