Health
Here are the risks to alcohol and food stocks from Ozempic-like weight loss drugs
The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands (STZ). The risk already seems to be playing out in food stocks with exposure to snacks and junk food. However, if necessary, the Mexican beer powerhouse behind Corona, Modelo and Pacifico could take action to mitigate any demand […]
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Philip Morris considers selling stake in pharmaceuticals unit to boost healthcare division
In this photo illustration a Vectura Group plc logo is seen on a smartphone and a pc screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Philip Morris International is considering selling off a stake in its largest pharmaceuticals unit. The tobacco company, which makes Marlboro cigarettes, made inroads into the healthcare and […]
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Fall Covid shot rollout gets off to a bumpy start as some patients see insurance delays
Pharmacist Ani Martirosyan administers an immunization to a patient at a CVS on Tuesday, Sept. 12, 2023 in Glendale, CA. Brian Van Der Brug | Los Angeles Times | Getty Images The rollout of a new round of Covid vaccines in the U.S. is off to a bumpy start as some patients report delays in […]
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FDA rejects first needle-free alternative to EpiPens, calling for additional research
The Food and Drug Administration did not approve an epinephrine nasal spray that would have been the first needle-free alternative to epinephrine autoinjectors, including EpiPens. The agency told drugmaker ARS Pharmaceuticals that it needed to conduct another study on the drug, called Neffy, to support approval, the company said in a statement late Tuesday night. The rejection came […]
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4 in 5 employees in Asia have moderate to high mental health risk, study shows
Employees in Asia are under “significant mental health strain,” with 82% having a moderate to high risk of developing mental health issues. That’s according to a new report from insurance broker Aon and TELUS Health, which found that 35% of workers in Asia have a high mental health risk profile, and 47% have a moderate […]
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Eli Lilly sues clinics allegedly selling knockoff versions of Mounjaro diabetes drug
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, March 29, 2023. George Frey | Reuters Eli Lilly on Tuesday sued 10 medical spas, wellness clinics and compounding pharmacies across the U.S. for allegedly selling cheaper, unauthorized […]
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Uninsured Americans can still get free Covid boosters — here’s how to find them
Pharmacist Aaron Sun administers new vaccine COMIRNATY® by Pfizer, to Jimmy Smagula at CVS Pharmacy in Eagle Rock, CA. Irfan Khan | Los Angeles Times | Getty Images Uninsured Americans can now get the newest Covid vaccines for free at certain locations across the country, just days after U.S. regulators greenlit those shots for most […]
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Analysts predicted new obesity medicines would be blockbusters. Now they’re raising their forecasts
As new weight loss medications garnered buzz last year, analysts’ forecasts signaled these drugs would be blockbusters, with some of the highest estimates calling for peak sales of at least $100 billion. In recent days, the expectations are moving higher still. The initial projections were made before Wall Street saw the results of Novo Nordisk’s […]
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Covid, RSV and flu vaccines are now available — here’s how to decide whether to get them together
Pharmacist Ani Martirosyan administers an immunization to a patient at a CVS on Tuesday, Sept. 12, 2023 in Glendale, CA. Brian Van Der Brug | Los Angeles Times | Getty Images For the first time ever, vaccines for Covid, the flu and respiratory syncytial virus are available in the U.S. Public health officials are urging […]
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More than 60,000 Kaiser Permanente workers vote to authorize strike
Kaiser Permanente mental health workers and supporters march outside a Kaiser facility in Sacramento, Calif., Monday, Aug. 15, 2022. Rich Pedroncelli | AP More than 60,000 health care workers on Thursday voted to authorize a strike against Kaiser Permanente if an agreement is not reached when their current contract expires on Sept. 30. Members of […]
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