Health
Eli Lilly is the best of both worlds — a recession-resistant stock with major growth potential
The year ahead is pivotal for Eli Lilly (LLY) as the pharmaceutical giant looks to advance drugs in its stellar pipeline. Executives detailed reasons for optimism at a major industry gathering this week. “We’re looking at another unprecedented year for Lilly,” CFO Anat Ashkenazi said Tuesday night at JPMorgan’s annual health-care conference. “A strong year […]
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Biden administration will select first 10 drugs for Medicare price negotiations by September
The Health and Human Services Department plans to publish in September a list of 10 drugs covered by Medicare that it will target for price negotiations, the first phase in a long awaited effort to cut costs for seniors. HHS officials, in a call with reporters on Wednesday, laid out the federal government’s road map […]
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Omicron XBB.1.5 does not have mutations known to make people sicker, WHO says
A man is getting a Covid-19 test at a Covid-19 mobile testing site as people lined up at the Times Square in New York City, on Dec 6, 2021. Tayfun Coskun | Anadolu Agency | Getty Images The omicron XBB.1.5 subvariant does not have any mutations known to make people sicker when they catch the […]
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2 of our stocks get nice pops. Here’s the news and what we think
As Wall Street on Tuesday attempted to hold onto recent gains, we received positive updates on two Club holdings that are seeing outsized moves to the upside: Danaher (DHR) and Constellation Brands (STZ). DHR 1Y mountain Danaher’s 1 year stock performance Danaher is set to present at the JPMorgan Healthcare Conference on Tuesday afternoon. However, […]
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Sen. Bernie Sanders urges Moderna not to hike price of Covid-19 vaccines
Sen. Bernie Sanders on Tuesday urged Moderna not to quadruple the price of its Covid-19 vaccine once distribution of the shots moves to the commercial market. In a letter to Moderna CEO Stephane Bancel, Sanders called the price increase “outrageous.” The independent senator from Vermont and incoming chair of the Senate’s health committee said such […]
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Jim Cramer’s Investing Club meeting Tuesday: Microsoft, health care, Emerson Electric
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. Reduce exposure to tech Watch for health care buying opportunity Eyeing an industrial play 1. Reduce exposure to tech Stocks inched up on Tuesday, with the Nasdaq Composite rising 0.22% […]
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Most Alzheimer’s patients would pay up to $26,500 per year for new treatment Leqembi
Few seniors with early Alzheimer’s disease will have access to the new treatment Leqembi due to its high cost and very limited coverage by Medicare. The Food and Drug Administration on Friday granted accelerated approval to Biogen and Eisai’s monoclonal antibody after the treatment appeared to modestly slow the progression of Alzheimer’s disease in clinical […]
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Successfully applying for Social Security disability is difficult. Applying as a long Covid patient is even trickier
Residents drop off Covid-19 PCR tests at a testing site run by the Centers for Disease Control, Federal Emergency Management Agency and eTrueNorth in Washington, D.C., on Jan. 5, 2022. Eric Lee | Bloomberg | Getty Images When Christopher Perry got sick in July 2021, he thought he just had a bad cold. But after […]
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Nurses set to strike at 2 of NYC’s largest hospitals
Montefiore Medical Center, Bronx, New York Source: Montefiore Medical Center Thousands of nurses at two of New York City’s largest hospitals were set to go on strike Monday morning after a weekend of negotiations over pay and staffing failed to produce a deal for a new contract. As many as 3,500 nurses at the Montefiore […]
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UK PM Sunak seeks ‘constructive’ union talks as government readies contentious anti-strike laws
LONDON, Jan. 6: UK Prime Minister Rishi Sunak speaks to the media as he visits Harris Academy in Battersea. Henry Nicholls – WPA Pool/Getty Images LONDON — U.K. Prime Minister Rishi Sunak is preparing to meet union leaders this week for what he hopes will be “constructive” talks as he seeks to halt nationwide industrial […]
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