Health
This medtech stock has a ‘pathway to $1B in sales’ by 2030, Piper Sandler says
It’s time to buy Glaukos ahead of some “exciting” product launches, Piper Sandler said. Analyst Matt O’Brien upgraded Glaukos to overweight, saying investors are overlooking the potential in its treatments for glaucoma, corneal disorders and retinal diseases, namely iDose and iStent. “While the name has run in recent weeks following iDose NDA submission, we believe […]
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Google Cloud is partnering with Mayo Clinic as it tries to expand use of generative A.I. in health care
Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference at Shoreline Amphitheatre in Mountain View, California, May 10, 2023. Justin Sullivan | Getty Images News | Getty Images Google’s cloud business is expanding its use of new artificial intelligence technologies in health care, giving medical professionals at Mayo Clinic the […]
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Lawmakers worry Medicare Alzheimer’s plan won’t ensure access to new treatments
Rep. Nanette Barragan (D-CA) speaks alongside US Department of Transportation Secretary Pete Buttigieg after a tour of the Ports of Los Angeles and Long Beach during a press conference at the Port of Long Beach on January 11, 2022 in Long Beach, California. Patrick T. Fallon | AFP | Getty Images Two Democratic lawmakers are […]
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This beaten-down sector could be a bright spot in commercial real estate
As the market reassesses the value of office properties, investors have been steering clear of many commercial real estate stocks. But there are some healthier spots that could be worth a second look. Greg Kuhl, a portfolio manager at Janus Henderson, said he likes the outlook for Alexandria Real Estate Equities , a pure-play owner […]
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Merck sues Biden administration over Medicare drug price negotiations
Jakub Porzycki | NurPhoto | Getty Images Global drugmaker Merck on Tuesday sued the Biden administration over Medicare’s new powers to substantially reduce drug prices for seniors under the Inflation Reduction Act, the opening salvo in the pharmaceutical industry’s efforts to weaken the program. In a scathing complaint filed in federal district court, Merck excoriated […]
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FDA allows temporary import of unapproved Chinese cancer drug to ease U.S. shortage
Worker labors on a production line at factory of Qilu Pharmaceutical (Hainan) Co Ltd on February 11, 2022 in Haikou, Hainan Province of China. Su Bikun | VCG | Getty Images The Food and Drug Administration has authorized the temporary importation of an unapproved chemotherapy drug from China in an effort to ease an acute […]
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Medicare details plan to cover Alzheimer’s treatments
An MRI scan of an Alzheimer’s patient’s brain GSO Images | Getty Images Medicare Part B will cover Alzheimer’s treatments that receive Food and Drug Administration approval, according to the federal agency that administers the program for seniors. Anyone who has Medicare Part B and meets “eligibility criteria” will be covered for new antibody treatments […]
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Singapore PM Lee tests positive for Covid positive again in rebound case, says he feels fine
Singapore Prime Minister Lee Hsien Loong has tested positive again for Covid-19 Thursday, a week and a half after his initial diagnosis, in what his doctors say is a case of rebound infection. Martin Ollman | Getty Images News | Getty Images SINGAPORE — Singapore Prime Minister Lee Hsien Loong has tested positive again for […]
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FDA approves Pfizer RSV vaccine for older adults
Luis Alvarez | Digitalvision | Getty Images The Food and Drug Administration on Wednesday approved a vaccine made by Pfizer that protects adults ages 60 and older from respiratory syncytial virus, a common pathogen that kills and hospitalizes thousands of seniors every year. Pfizer, in a statement Wednesday, said it expects to have supply available […]
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Damar Hamlin on how he made the decision to play football in the NFL again
Damar Hamlin’s on-field cardiac arrest at a “Monday Night Football” game in January was a moment of national trauma that occurred on live television. His recovery from the near-death experience and his poise as an individual ultimately inspired the nation. Still, his decision to play in the National Football League again after the personal medical […]
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