Health
Pfizer CEO says it will be able to deliver Seagen’s cancer therapy at a scale not seen before with $43 billion deal
Pfizer CEO Albert Bourla talks during a press conference with European Commission President after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the factory of US pharmaceutical company Pfizer, in Puurs, on April 23, 2021. John Thys | AFP | Getty Images Pfizer CEO Albert Bourla on Monday said the pharmaceutical […]
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North Carolina lawmakers intervene to defend abortion pill restrictions in case testing FDA power
Boxes of the medication Mifepristone used to induce a medical abortion are prepared for patients at Planned Parenthood health center in Birmingham, Alabama, March 14, 2022. Evelyn Hockstein | Reuters A federal judge on Friday allowed North Carolina lawmakers to defend restrictions on the abortion pill mifepristone, after the state attorney general declined to do […]
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House votes unanimously to declassify intelligence on origins of Covid pandemic, sending bill to Biden
Security personnel keep watch outside the Wuhan Institute of Virology during the visit by the World Health Organization (WHO) team tasked with investigating the origins of the coronavirus disease (COVID-19), in Wuhan, Hubei province, China February 3, 2021. Thomas Peter | Reuters The House of Representatives on Friday unanimously voted to declassify information on possible […]
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Biden budget would cap monthly insulin prices at $35 for people with private insurance
A woman who had type 1 diabetes since she was a teenager, displays her insulin for injection, on March 02, 2023 in New York City. Spencer Platt | Getty Images President Joe Biden’s federal budget proposal would cap insulin prices at $35 per month for people with private insurance plans. The Inflation Reduction Act capped […]
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Inside the mind of criminals: How to brazenly steal $100 billion from Medicare and Medicaid
A nondescript suite of offices in a bland building tucked in a quiet Miami suburb seemed as good a place as any for a medical supply company to rent some office space. But this company rented space two floors above a regional office of the U.S. Department of Health and Human Services’ criminal investigative unit. […]
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California will not renew $54 million contract with Walgreens over abortion pill policy
A Walgreens store in San Francisco, California, US, on Tuesday, March 7, 2023. David Paul Morris | Bloomberg | Getty Images California will not renew a $54 million contract with Walgreens over the drug store chain’s decision not to sell the abortion pill in some states due to legal restrictions. “California will not stand by […]
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Eli Lilly Alzheimer’s treatment solanezumab failed to slow disease progression
Eli Lilly on Wednesday said it will halt development of its Alzheimer’s treatment candidate solanezumab after the antibody failed to slow disease progression. Solanezumab’s failure is a blow to efforts to treat Alzheimer’s in people who are in the very early stage of the disease and have not yet shown clinical symptoms. The study enrolled […]
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Under threat, Weight Watchers enters obesity drug space. Here’s what it means for the stock
WW International is steering hard in a new direction, hoping to turn the growing interest in obesity medications to its advantage. On paper, the new strategy could be the answer to its problems, but significant execution risks remain. Shares of the Weight Watchers parent are up nearly 50% on Tuesday after the company announced plans […]
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Republican states say the FDA doesn’t have the authority to override state abortion pill bans
Boxes of the medication Mifepristone used to induce a medical abortion are prepared for patients at Planned Parenthood health center in Birmingham, Alabama, March 14, 2022. Evelyn Hockstein | Reuters The Food and Drug Administration’s power to approve drugs does not override state bans on the abortion pill, a coalition of Republican attorneys general told […]
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When quality stocks go on sale in a rough market, we like to go shopping. Here’s our latest buy
After keeping our powder dry since the end of February, we’re making one small buy into weakness Tuesday. Source
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