Health
Tylenol parent Kenvue can capitalize on consumer self-care trends, JPMorgan says
Kenvue is well-positioned for accelerated growth following its separation from parent company Johnson & Johnson, according to JPMorgan. Following its spinoff earlier in May, Kenvue is the largest pure-play consumer health company in the world. The company holds commonly-known brands such as Neutrogena, Tylenol, Aveeno and Zyrtec — amounting to 10 brands with sales greater […]
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ASCO conference will put the focus on the fight against cancer. These stocks are in the spotlight
Developments in cancer research will be in the spotlight as the American Society of Clinical Oncology hosts the world’s biggest cancer research conference in Chicago, starting Thursday. Investors have already caught a glimpse of the topics that will be discussed but many are eager to hear the details behind the abstracts, and no doubt there […]
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FDA grants full approval to Pfizer Covid treatment Paxlovid for high-risk adults
The Food and Drug Administration on Thursday granted full approval to Pfizer’s Covid antiviral pill, Paxlovid, for adults who are at high risk of getting severely sick with the virus. Paxlovid is specifically advised for the treatment of mild to moderate Covid in adults older than 50 and people who suffer from certain medical conditions […]
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Scientists propose long Covid definition based on key symptoms in large study
South_agency | E+ | Getty Images Scientists funded by the federal government have proposed a definition of long Covid based on symptoms identified in a large study published Thursday in the Journal of the American Medical Association. The definition is based on 12 symptoms that most separate people with long Covid six months or more […]
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Fund manager reveals an overlooked corner of health care with big opportunities
There’s an opportunity for investors in pharmaceuticals that’s been “underrepresented for a very long time,” according to fund manager Philip Ripman of Storebrand Asset Management. The area is women’s healthcare, according to Ripman, who manages the $1 billion Storebrand Global Solutions fund. “Within the portfolio, the aspect that we’ve really focused in on is female […]
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New HIV infections decline in U.S. but most people at risk are not receiving prevention drugs
Callista Images | Image Source | Getty Images New HIV infections declined modestly in the U.S. over a four-year period but the nation is far from reaching its goal of ending the epidemic, according to the most recent data published by the Centers for Disease Control and Prevention on Tuesday. The overwhelming majority of people […]
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Social media is driving teen mental health crisis, surgeon general warns
Carlo107 | E+ | Getty Images Surgeon General Vivek Murthy, long a proponent of mental health awareness, has issued a warning that social media use is a main contributor to depression, anxiety and other problems in the nation’s teenagers. The report, released Tuesday, calls attention to growing concerns about the effects of social media use […]
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Lab-grown breast milk startup Biomilq aims to change infant nutrition — if it can release a product
Mother holding a newborn in a hospital bed. Svetikd | E+ | Getty Images In 2020, in a nondescript office building in Durham, North Carolina, a team of scientists used cells to recreate sugar and protein found in breast milk. The seemingly niche development could years later change the way infant nutrition is understood and […]
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How UnitedHealth Group grew bigger than the nation’s biggest banks
UnitedHealth Group has the highest price per share of any company on the Dow Jones Industrial Average and it’s the tenth heaviest-weighted stock on the S&P 500. In fact, not only is UnitedHealth the biggest health-care conglomerate in the United States based on market cap and revenue, it’s even bigger than JPMorgan Chase, the nation’s […]
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This company could take lab-grown meat mainstream thanks to a green light from the FDA
A look at Upside’s prepared chicken product. Upside Foods When Amy Chen took her first bite of chicken meat grown directly from cells in a lab, her initial reaction was a cliché one-liner: It tasted like chicken. That bite was years in the making. Chen is the operating chief at Upside Foods, a Berkeley, California-based […]
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