Health
Abortion pill maker GenBioPro sues West Virginia, argues FDA rules preempt state ban
Abortion pill manufacturer GenBioPro on Wednesday sued to overturn West Virginia’s ban on abortion because it restricts access to a medication approved by the Food and Drug Administration. The lawsuit, filed in federal court in West Virginia’s southern district, argues that FDA regulations on medications such as the abortion pill preempt state law under the […]
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Precision Neuroscience, co-founded by Neuralink alum, is creating a brain implant thinner than a human hair
Array of Precision Neuroscience Source: Precision Neuroscience The human cerebral cortex is made up of six cellular layers, but at Precision Neuroscience, a team of scientists and engineers is working to build a device that’s reminiscent of a seventh. The device is called the Layer 7 Cortical Interface, and it’s a brain implant that aims […]
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FDA proposes new lead limits for baby food to reduce potential risks to children’s health
Jgi/jamie Grill | Tetra Images | Getty Images The Food and Drug Administration proposed new limits Tuesday on lead in baby food, in an effort to reduce exposure to a toxin that can impair childhood development. The lead limits apply to processed food consumed by children younger than two years old. In a statement, FDA […]
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Danaher’s stock drop looks like a buying opportunity after it reported a solid quarter
Life sciences and medical diagnostics company Danaher (DHR) reported better-than-expected earnings and revenue for the fourth quarter. We view the dip in the stock as unjustified and an opportunity. Revenue increased nearly 10% on a core basis to $8.37 billion, well above estimates of $7.9 billion, according to Refinitiv. Adjusted profit increased 6.7% to $2.87 […]
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Amazon adds generic prescription perk for Prime members
Amazon on Tuesday announced a new prescription perk for U.S. Prime members, hoping to boost subscriptions and attract users to its pharmacy service. The add-on, called RxPass, will allow Prime members to get as many drugs as they need from a list of 50 generic medications to treat more than 80 common chronic conditions, such […]
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Jim Cramer’s Investing Club meeting Tuesday: J&J, Danaher, AMD
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Buy JNJ while it’s down Look to buy Danaher Wait to buy AMD 1. Buy JNJ while it’s down Shares of Johnson & Johnson (JNJ) slipped more than 1% Tuesday […]
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The FDA’s power to approve drugs faces sweeping challenge in lawsuit seeking to pull abortion pill from U.S. market
Mifepristone (Mifeprex) and Misoprostol, the two drugs used in a medication abortion, are seen at the Women’s Reproductive Clinic, which provides legal medication abortion services, in Santa Teresa, New Mexico, on June 17, 2022. Robyn Beck | AFP | Getty Images The Food and Drug Administration is squaring off with anti-abortion physicians in an unprecedented […]
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FDA says Covid vaccines will probably get an annual update but most people will likely need only one shot
Justin Sullivan | Getty Images The Food and Drug Administration has laid out a road map for what Covid-19 vaccination may look like moving forward. In a briefing document published Monday, the FDA said the vaccines will probably need an annual update as the virus continues to evolve. The agency would select the Covid strain […]
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Medical device stocks tend to beat the market, and analysts expect these names to see big gains
Medical device makers, like many manufacturers, have faced challenges over the last year from inflationary supply chain costs, staffing shortages and the strong dollar impacting sales overseas. But the new year has brought a more positive tone from firms in the sector, even as large technology players and others are announcing layoffs and sounding the […]
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The benefits and risks of personal medical monitoring on the internet
A blood glucose control system with the help of a smartphone and a meter that is fixed to the skin. Ute Grabowsky | Photothek | Getty Images The internet of things to remote monitor and manage common health issues has been growing steadily, led by diabetes patients. About one out of every 10 Americans, or […]
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