Health
Genentech to sell flu pill directly to some consumers at a discount as Trump pressures drugmakers
A sign is posted in front of a Genentech office on June 12, 2025 in South San Francisco, California. Justin Sullivan | Getty Images Roche‘s Genentech on Thursday said it will sell its flu pill, Xofluza, directly to certain patients at a discount in a bid to expand access, becoming the latest company to wade […]
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DuPont prepares to say goodbye to electronics. What investors get with the remaining company
Earlier in the week, we looked at the upcoming DuPont electronics business spinoff and what investors are getting with the new Qnity Electronics, which has a strong foothold in the semiconductor industry. Now, here is a look at what will be left of the new DuPont after the planned Nov. 1 split and the stocks […]
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Abbott’s quarter disappoints again: We’re downgrading it and considering what to do next
Shares of Abbott Laboratories fell 3% on Wednesday after the diversified health-care company delivered another less-than-stellar quarter. Revenue in the third quarter ended Sept. 30 rose 6.9% to $11.37 billion, missing the $11.4 billion consensus estimate compiled by market data provider LSEG. Organic sales , excluding Covid testing results, rose 7.5%, beating the 5.9% estimate, […]
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Higher education CEO on AI’s growing role in health-care degree market
AI is quickly transforming the way companies and CEOs are approaching their businesses and the strategies that take them forward. Amid that rapid transformation, Adtalem Global Education CEO Steve Beard said there is a “threshold question” that he keeps coming back to. “That question is, is AI a complement for what you do, or is […]
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Oura reaches $11 billion valuation with new $900 million fundraise
The Oura Ring 4 Courtesy: Oura Oura said Tuesday that it raised over $900 million in a new Series E funding round, bringing the company’s valuation to $11 billion. The fundraise, led by Fidelity Management & Research Company, also includes new investor ICONIQ and contributions from Whale Rock and Atreides. “With this investment, we will […]
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How Lego MRI scanner sets are reducing anxiety in children undergoing medical treatment
People depart a Lego store in Manhattan on August 29, 2024 in New York City. Spencer Platt | Getty Images In September 2023, just two months after his mother fought and won a battle against breast cancer, Sam Lane began to get sick. Sam underwent several rounds of testing, and the now 14-year-old finally received […]
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Trump reaches deal with AstraZeneca to lower U.S. drug prices, MSNBC reports
U.S. President Donald Trump participates in a bilateral meeting with Finland’s President Alexander Stubb (not pictured), in the Oval office at the White House in Washington, D.C., U.S., Oct. 9, 2025. Nathan Howard | Reuters The Trump administration and AstraZeneca have reached an agreement for the U.K.-based pharmaceutical giant to cut drug prices in the […]
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At-risk teens and AI chatbot crisis: ‘You need to know what’s going on,’ warns Talkspace CEO
Talkspace has grown to be one of the largest online therapy platforms in the U.S., covering an estimated market of 200 million Americans. As the mental health platform has grown, it has also pioneered new ways to reach people in need of help with mental health issues including trauma, depression, addiction, abuse and relationships, and […]
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Healthy Returns: Amgen joins a growing list of drugmakers selling directly to consumers
The Amgen headquarters in Thousand Oaks, California. Eric Thayer | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Drugmakers are increasingly using telehealth platforms to sell their medicines directly to patients […]
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Laura Modi, CEO and mom, is breaking one of the market’s biggest duopolies: Infant formula
Laura Modi, co-founder and CEO of infant formula startup Bobbie, is on a mission to transform an industry that she says has been stagnant for decades, and shift the culture around how parents feed their babies. Modi, a former Airbnb executive, came up with the idea for Bobbie after the birth of her first child. […]
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