NIH to test Pfizer’s Paxlovid, other treatments as potential long Covid therapies July 31, 2023 There is no proven treatment for long Covid-19, which can cause a range of debilitating symptoms in millions of Americans. from Health and...
We're exiting a health-care name — putting us on the hunt to buy a new stock for the portfolio July 31, 2023 We're taking a hard look at the Bullpen and the rest of the market for new opportunities. from Health and Science https://ift.tt/X2vz5...
New Covid vaccines are coming to the U.S. this fall, but uptake may be low — Here’s why July 29, 2023 Pfizer, Moderna and Novavax are slated to deliver new single-strain Covid shots targeting the omicron subvariant XBB.1.5 in September. fro...
Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second time July 28, 2023 The decision jeopardizes J&J's proposed $8.9 billion settlement that would stop new lawsuits over its talc baby powder and other pro...
Eli Lilly says obesity drug helped boost weight loss to 26%, highest seen in late-stage trials July 27, 2023 The data bolsters Eli Lilly's position in the budding weight loss drug market and establishes the company as a formidable competitor to ...
New bill aims to help low-income Americans with disabilities build emergency savings through a federal match July 26, 2023 Disabled Americans face obstacles to building wealth. A new bill aims to help low-income disabled individuals save through a federal match i...
AWS announces generative A.I. tool to save doctors time on paperwork July 26, 2023 Amazon Web Services on Wednesday announced a new service for health care software providers called AWS HealthScribe. from Health and Scien...
GSK chief says RSV vaccine will start off slower than shingles shot – but will drive future sales July 26, 2023 London-based GSK is preparing to roll out its RSV vaccine in the U.S. and European Union this fall. from Health and Science https://ift.tt...
Weight loss drug Wegovy is from Europe — but users in the region face a long and costly wait July 25, 2023 The hugely popular Wegovy obesity drug will be launched in Germany this month, but high costs and supply constraints threaten to weigh heavy...
Why Cramer thinks this retailer is the 'ultimate trade-down play' July 25, 2023 The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. from Health and Science https://ift.tt/NyUvA7s h...
Biogen to cut 1,000 jobs to save costs as company prepares for Leqembi launch July 25, 2023 Biogen, in its second-quarter earnings report, said the plan will result in $700 million in net operating expense savings by 2025. from H...
Biden administration aims to crack down on inadequate insurance for mental health care July 25, 2023 Insurance plans often do not provide enough therapists in network, which requires patients to seek care out of network and pay more for thei...
Johnson & Johnson to reduce its Kenvue stake by at least 80% through exchange offer July 24, 2023 J&J said it received a waiver that dismisses the share lockup period associated with Kenvue's initial public offering in May. from...
Warning labels in the U.S. seem to be everywhere. Here's why they may be pointless July 23, 2023 The prevalence of warning labels has been increasing on consumer products in the past several decades, but researchers aren't convinced ...
Pfizer says no major tornado damage to drug manufacturing areas of North Carolina facility July 21, 2023 The pharmaceutical company did not say whether it expected the tornado damage to lead to new drug shortages for sterile injectables. from ...
Kenvue CEO says consumers are spending on brand-name health products even as they pull back in other areas July 21, 2023 Thibaut Mongon's remarks follow Kenvue's second-quarter earnings beat, which was fueled by resilient demand for brands like Band-Aid...
Here's what Jim Cramer thinks about J&J stock after a pivotal talc case verdict July 21, 2023 J&J was ordered to pay $18.8 million after jurors in California found in favor of a 24-year-old man who claimed the company's talc p...
Ford's dividend quality, J&J's split-off, cost basis discipline — what we think about all these July 21, 2023 Send your questions directly to Jim Cramer and his team of analysts at investingclubmailbag@cnbc.com. from Health and Science https://ift....
Biden administration calls on employers to help keep people insured as millions lose Medicaid July 20, 2023 HHS estimates that 3.8 million people who are expected to lose Medicaid are eligible for health insurance coverage through an employer. fr...
Johnson & Johnson investors can soon swap their shares for Kenvue stock — here's what you need to know July 20, 2023 J&J owns nearly 90% of Kenvue shares and plans to reduce its stake in the company through an exchange offer that could launch "as e...
J&J's strong quarter was amplified by new details around its big Kenvue consumer unit stake July 20, 2023 Johnson & Johnson's management updated their thoughts on how to handle the company's 89.6% interest in Kenvue. from Health and...
Kenvue earnings top estimates in J&J spinoff's first quarterly report since IPO July 20, 2023 J&J still owns a 90% stake in Kenvue, meaning it can generally control the direction of the consumer health spinoff’s business for the t...
Johnson & Johnson beats on earnings, hikes full-year guidance as medtech sales surge July 20, 2023 The results come amid investor anxiety over the thousands of lawsuits claiming that J&J's talc-based baby powder and other products ...
Pfizer Group B strep vaccine for infants returns encouraging mid-stage trial results July 19, 2023 Pfizer is among several drugmakers racing to develop the world's first shot targeting Group B strep disease, which kills thousands of in...
Medicare proposes removing limit on PET scans used to help diagnose Alzheimer's disease July 18, 2023 Medicare's proposal to cover PET scans for Alzheimer's would make it easier for patients to access new drugs like Leqembi. from He...
Johnson & Johnson sues Biden administration over Medicare drug price negotiations July 18, 2023 Merck, Bristol Myers Squibb, the U.S. Chamber of Commerce and PhRMA filed separate lawsuits against the provision last month. from Health ...
Novartis stock jumps after drugmaker raises full-year guidance, launches $15 billion buyback July 18, 2023 Novartis raised its guidance and announced the buybacks as the Swiss drugmaker reported second-quarter earnings, which topped Wall Street...
Nearly 3 million people cut from Medicaid coverage even though many might still be eligible July 18, 2023 About 75% of the 2.7 million people who have lost Medicaid were booted from the program because they did not complete the process to renew t...
FDA approves AstraZeneca, Sanofi shot that protects infants and toddlers against RSV July 17, 2023 RSV is the leading cause of hospitalization among children less than a year old, according to scientists. from Health and Science https://...
Eli Lilly expects FDA decision on Alzheimer's treatment donanemab by the end of the year July 17, 2023 Eli Lilly is racing to market donanemab for Alzheimer's after Eisai and Biogen's drug for the disease, Leqembi, won FDA approval thi...
Insurance may not cover birth control drug Opill without prescription July 15, 2023 Women could face barriers to obtain Opill because health insurance is not currently required to cover birth control without a prescription. ...
UnitedHealth stock jumps after earnings top estimates despite rising medical costs July 14, 2023 The results eased investor concerns after UnitedHealth Group flagged a surge in demand for non-urgent surgeries and outpatient services last...
FDA says soda sweetener aspartame is safe, disagreeing with WHO finding on possible cancer link July 14, 2023 The FDA said the studies that World Health Organization experts relied on to make this conclusion had "significant shortcomings." ...
Eli Lilly to acquire obesity drug maker Versanis for $1.9 billion July 14, 2023 The deal is Eli Lilly's latest attempt to capitalize on the weight loss industry gold rush, which was sparked by demand for Novo Nordisk...
WHO decision on aspartame could hurt diet soda sales or lead to new drink formulas July 13, 2023 Coca-Cola, PepsiCo and Keurig Dr Pepper may decide to change their formulas and swap out aspartame for another sweetener. from Health and ...
Uninsured Americans pay high costs for an insulin Eli Lilly vowed to price at $25, Sen. Warren says July 13, 2023 Warren said the report shows that Congress needs to take additional steps to reduce the excessive prices of insulin from Eli Lilly, Sanofi a...
Biden administration to provide free Covid vaccines to uninsured Americans this fall through end of 2024 July 13, 2023 The HHS program aims to maintain broad access to Covid shots and treatments after the federal government shifts those products to the commer...
Biden administration asks Pfizer, Moderna and Novavax for 'reasonable' prices on updated Covid vaccines July 13, 2023 Pfizer, Moderna and Novavax have not disclosed the exact pricing of their new vaccines, which will target the circulating omicron subvariant...
FDA approves first over-the-counter birth control pill July 13, 2023 Perrigo's Opill could significantly expand access to contraception, especially for younger women who often face logistical barriers to g...
Chamber of Commerce asks judge to block Medicare drug price negotiations before October 1 July 12, 2023 The U.S. Chamber of Commerce asked a judge to block the landmark ability of Medicare to negotiate drug prices. from Health and Science htt...
FDA to review Schumer's concerns about YouTube stars' Prime Energy drink July 12, 2023 The Food and Drug Administration says it will respond directly to Sen. Chuck Schumer's concerns about the caffeinated beverage. from H...
Nvidia invests $50 million in biotech company Recursion for AI drug discovery July 12, 2023 Nvidia is investing in Recursion, which uses AI models to identify new therapies and offers those models to its partners, including Roche an...
Whistleblower alleges Medtronic engaged in bribery scheme at veterans hospital July 12, 2023 A recently unsealed lawsuit alleges sales reps from Medtronic, the world’s largest medical equipment company, operated a bribery scheme at a...
Illumina hit with record $476 million fine for closing Grail deal without EU approval July 12, 2023 The European Commission last year blocked Illumina's $7.1 billion acquisition of Grail over concerns it would stifle innovation and cons...
EU expands Wegovy, Ozempic probe over suicide risks to include other weight loss, diabetes drugs July 11, 2023 The European Medicines Agency didn't specify which additional GLP-1 drugs are now being investigated, but it could potentially include E...
Few patients continue weight loss drugs like Wegovy after a year but health costs soar for all July 11, 2023 The analysis from Prime Therapeutics highlights the hefty price tag of Wegovy and other weight loss and diabetes medicines, which are also k...
White House unveils plan to eliminate threat of fentanyl laced with xylazine July 11, 2023 The Biden administration declared the dangerous illegal drug cocktail an “emerging threat” in April for its role in fueling a wave of overdo...
Novavax stock spikes 20% after company snags $350 million from Canada for unused Covid shots July 10, 2023 Canada's Covid shot settlement is a sign of hope for investors after Novavax raised doubts about its ability to stay in business earlier...
Sales of Alzheimers drug Leqembi may be slow initially but could pick up in 2024 July 07, 2023 Analysts believe the Medicare registry requirement and new guidance on Leqembi's prescription label could potentially weigh on sales in ...
U.S. officials say risk of locally acquired malaria remains low as nationwide cases jump to seven July 07, 2023 The CDC and health experts say the new locally acquired cases in Florida and Texas shouldn't warrant panic about widespread malaria tran...
FDA approves Alzheimers drug Leqembi paving way for broader Medicare coverage July 06, 2023 Leqembi slowed cognitive decline in a clinical trial, but the treatment is expensive and carries serious risks of brain swelling and bleedin...
Bill Ackman explains why he embraced RFK Jr.'s skepticism on Covid vaccines July 05, 2023 Bill Ackman once criticized Covid vaccination efforts for not moving fast enough. Now he's echoing Robert F. Kennedy Jr.'s scientifi...
Moderna strikes deal to develop mRNA drugs in China July 05, 2023 The deal is the biotech company's first agreement with China after the Asian nation repeatedly refused to accept mRNA vaccines from U.S....