Novo Nordisk sues two pharmacies for allegedly selling tainted Wegovy, Ozempic knockoffs

The lawsuits come as Novo Nordisk grapples with shortages of Wegovy and Ozempic in the U.S. due to skyrocketing demand. 

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Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen for $10 billion

Other biotech companies developing ADCs, which are among the hottest areas in the pharmaceutical industry, jumped on the news of AbbVie's buyout of ImmunoGen. 

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Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them

The one thing that experts, along with vaccine makers, can agree on is that low vaccination rates put people at risk of getting severe Covid infections.

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Cigna shares slide after report it could merge with Humana

Shares of Cigna slid after a report that the company is in talks with Humana about a merger between the two health care giants.

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Jim Cramer knocks down a new analyst sell rating on a medtech stock as shortsighted

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

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Mounjaro is more effective than Ozempic for weight loss in overweight and obese adults, real world study says

Patients on Eli Lilly's Mounjaro were more likely to lose weight and experienced larger reductions in body weight compared to those on Novo Nordisk's Ozempic.

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Here's how the American Red Cross makes money from donated blood

In 2022, the American Red Cross made $1.8 billion selling blood to hospitals and medical facilities across the country.

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China reports no 'unusual or novel pathogens' after WHO seeks data on respiratory illness outbreak

The WHO said that the surge was likely linked to the lifting of Covid-19 restrictions as China experiences its first full winter season since declaring an end to the pandemic in December.

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U.S. to offer another round of free at-home Covid tests starting Monday

Starting Monday, Americans can request four additional free at-home Covid-19 test kits through the Biden administration's website.

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'The silent pandemic': A hotter world makes it harder to stop the spread of deadly superbugs

Research has shown the climate crisis is exacerbating the AMR phenomenon in several ways.

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CDC expedites release of more doses of infant RSV drug from Sanofi, AstraZeneca amid shortage

The CDC's move to increase availability of Beyfortus, a monoclonal antibody from Sanofi and AstraZeneca, comes as RSV cases rise in some parts of the country.

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Pfizer wants in on the weight loss drug market – and upcoming data will be crucial for its success

Analysts said upcoming data on Pfizer's obesity pill, danuglipron, will be crucial to how competitive the company can be against Eli Lilly and Novo Nordisk.

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Amputees say this bionic hand startup gives them both strength and grace — they can even pick up raw eggs without crushing them

Aether Biomedical's bionic hand can lift up to 77 pounds and switch between 12 different customizable grip patterns.

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Novo Nordisk's weight loss drug Wegovy slashes risk of serious heart events

The findings could expand use of Wegovy and help Novo maintain its lead over Eli Lilly, whose competing weight-loss drug Zepbound was just approved in the U.S.

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Patients are lining up for $2,500 full-body MRI scans that can detect cancer early

Thousands of people have paid $2,500 for full-body MRI scans from Prenuvo, whose technology can detect more than 500 health conditions

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Amazon adds a new reason to get and keep Prime: member discounts on health-care services

Amazon's (AMZN) new health-care add-on to Prime is the latest example of how the subscription is a valuable deal for its members.

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FDA approves Eli Lilly's tirzepatide for weight loss, paving way for wider use of blockbuster drug

The obesity approval further establishes Eli Lilly as a formidable competitor to Novo Nordisk in the budding weight loss drug industry.

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Pharmacy walkout organizers help launch national push to unionize pharmacists, technicians

The Pharmacy Guild aims to help staff unionize to address what employees have called unsafe working conditions, including at Walgreens and CVS.

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Health AI startup Cercle debuts with backing from Sheryl Sandberg

A new health technology startup called Cercle is using AI to advance women's fertility care.

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Planet Fitness shares surge as company raises revenue outlook

Planet Fitness now expects its revenue for the year to grow 14%, up from a previous estimate of 12%.

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Wall Street is asking how weight-loss drugs will affect consumer giants — but it may be too early to tell

Delta, Pepsi, Philip Morris International and Darden Restaurants just some names facing questions about how weight-loss drugs could affect their bottom line.

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E-cigarette use declines among high school students, FDA and CDC say

E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products.

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Novo Nordisk says 80% of insured U.S. patients taking Wegovy pay less than $25 a month

The remarks come as U.S. health insurers balk at the extreme cost of Wegovy and other obesity drugs and drop them from their plans.

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Eli Lilly says supply of blockbuster diabetes drug Mounjaro has improved in U.S.

The remarks suggest that Eli Lilly's initial efforts to expand manufacturing capacity for Mounjaro are paying off as demand for the diabetes treatment soars.

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Moderna posts quarterly loss as company takes $1.3 billion write-down on unused Covid shots

Moderna's total revenue for the third quarter still topped Wall Street's expectations despite plummeting demand for its Covid-19 shot.

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The sell-off in Humana is overdone after strong earnings. Jim Cramer says buy the stock

Investors are getting an opportunity to add to their positions in the Medicare Advantage-focused health insurer.

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Doctors have a new way to scrub personal information from internet after spike in harassment

Doximity announced a free new service called DocDefender that can remove a physician's personal phone numbers and addresses from public websites

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CVS results top expectations, lifted by strong health services revenue

The results come on the last day of a nationwide walkout by pharmacy staff from CVS, Walgreens and Rite Aid to protest what they call harsh working conditions.

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