Health
New Covid vaccines could reach Americans as soon as Thursday – here’s what you need to know
A nurse prepares doses of the Pfizer vaccine during a COVID-19 vaccination event at Josephine’s Southern Cooking in Chatham, Illinois, Dec. 30, 2021. Brian Cassella | Tribune News Service | Getty Images A new round of Covid vaccines is finally here in the U.S. The Centers for Disease Control and Prevention cleared single-strain shots from […]
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Decongestant found in many cold, allergy medicines doesn’t actually work, FDA advisors say
A combination package of Procter & Gamble Co. DayQuil Severe and NyQuil Severe brand cold and flu medicine is arranged for a photograph in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images The main ingredient used in many popular over-the-counter cold and allergy medications doesn’t actually work to get rid of nasal congestion, an […]
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Ozempic, Wegovy may curb drinking, smoking and other addictive behaviors – here’s what we know
An Ozempic (semaglutide) injection pen is seen on a kitchen table in Riga, Latvia on 06 August, 2023. Jaap Arriens | Nurphoto | Getty Images Heather Le Biller shed 9 pounds within the first week of taking Novo Nordisk‘s blockbuster diabetes drug Ozempic – and then even more as she continued treatment. Le Biller, a […]
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Big pharma’s blockbuster obesity drug battle is just getting started, and it’s headed for $100 billion
Ozempic drug to treat diabetes. Courtesy: Ozempic In their most recent earnings reports, Novo Nordisk and Eli Lilly proved why they are the undisputed heavyweights in the prizefight for control of the rapidly growing weight-loss medications market. Beyond staggering sales figures for Novo’s Ozempic and Wegovy and Lilly’s Mounjaro, news of a study showing Wegovy […]
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Obesity drugs’ popularity put a dent in these stocks. Why analysts say they’re still worth buying
Industry analysts are insisting that new weight loss and diabetes drugs like Ozempic won’t hurt the demand for insulin pumps and continuous glucose monitors, but most investors aren’t buying it. Medical device stocks have been falling session after session, prompting UBS analyst Danielle Antalffy on Wednesday to lower her price targets for Dexcom and a […]
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Danco Laboratories asks Supreme Court to decide abortion pill case
U.S. President Joe Biden delivers remarks on abortion rights in a speech hosted by the Democratic National Committee (DNC) at the Howard Theatre in Washington, October 18, 2022. Leah Millis | Reuters The drug company Danco Laboratories has asked the Supreme Court to review the case challenging the legality of the abortion pill mifepristone. Danco’s […]
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This health-care stock is set to complete another spin-off. Here’s what it means for our position in the stock
Medical equipment giant Danaher (DHR) will officially spin off its environmental-and-applied solutions segment later this month, and our plan is to remain invested in the soon-to-be standalone company, known as Veralto, which will trade under the ticker symbol VLTO. That expectation was reinforced Wednesday when Veralto management delivered a presentation for investors and Wall Street […]
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Carl Icahn says new Illumina CEO has his ‘full support’ months after proxy fight
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Thursday expressed his support for Illumina‘s new CEO Jacob Thaysen – a relief for the company as it tries to rebound from a bitter proxy fight with the billionaire activist investor. “I think he […]
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British American Tobacco finalizes Russia exit with sale to local managers
British American Tobacco has finalized its exit from Russia about 18 months after it pledged to do so in the wake of Moscow’s invasion of Ukraine. The multinational cigarette maker said in a statement Thursday it agreed “to sell its Russian and Belarusian businesses in compliance with local and international laws.” Financial terms of the deal […]
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How the number of abortions in each state has changed — in the places it was legal this year
New research indicates that the number of abortions increased in the first half of 2023 in most states where they were legal this year. Data collected by the Guttmacher Institute, a research organization that supports abortion access, gives the clearest picture to date of where people are seeking abortions in the U.S., more than a year […]
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