Health
Walgreens slashes earnings guidance due to lower consumer spending, drop in Covid care demand
People make their way near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens on Tuesday slashed its full-year earnings guidance as it fell short of Wall Street expectations for its fiscal third quarter due to lower consumer spending and a drop in demand […]
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Eli Lilly experimental obesity drug helped patients lose up to 24% of their weight, study says
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly’s experimental drug helped patients lose up to 24% of their weight after almost a year, the highest reduction seen in the obesity treatment space to date, according to new mid-stage clinical trial results released Monday. […]
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Britain’s underfunded National Health Service linked to earlier deaths, study says
The NHS has come under increasing pressure over recent years due to higher demand for services and funding and personnel shortages — issues further exacerbated by the Covid-19 pandemic. Bloomberg | Getty Images Chronic underinvestment in the U.K.’s National Health Service means Britons are likely to die sooner from serious diseases than patients in other […]
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Pfizer to end development of experimental obesity pill due to elevated liver enzymes
Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Monday said it would stop developing its experimental obesity and diabetes pill, lotiglipron, due to elevated liver enzymes in patients who took the drug once a day in mid-stage clinical studies. Those elevated enzymes often indicate damage to cells in the liver, but the pharmaceutical giant […]
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UBS upgrades Moderna, says potential from new vaccines is underappreciated
Investors aren’t fully appreciating the broader uses for Moderna’s mRNA vaccines, creating a big buying opportunity, UBS said Monday. The bank upgraded Moderna to buy from neutral. UBS did lower its price target to $191 from $221, though the new forecast implies upside of 61% from Friday’s close. Moderna shares have struggled in 2023, losing […]
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How New York City’s sky-high cost of living stacks up to London
New York and London are some of the most desirable cities to live in due to the amount of job opportunities and the vibrant entertainment options — but residents are paying a premium. New York tied with Singapore as the most expensive cities in the world in 2022, according to the Economist Intelligence Unit’s Worldwide […]
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NY Gov. Hochul signs bill to protect abortion providers sending pills into states with bans
Governor Kathy Hochul holds media availability press conference and makes an announcement on abortion rights at the office on 633 3rd Avenue. Governor Hochul updated the media on the status of the COVID-19 pandemic in the state, announced more funding to provide abortion on demand, updated on the situation with monkeypox, and invited businesses around […]
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Biden to sign executive order expanding access to birth control
President Joe Biden signs an executive order in support of Joining Forces, the initiative to support military and veteran families, caregivers, and survivors on June 9, 2023 at Fort Liberty, North Carolina. Eros Hoagland | Getty Images President Joe Biden on Friday will sign a wide-ranging executive order aimed at protecting and increasing access to […]
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Neuralink competitor Precision Neuroscience conducts its first clinical study to map human brain signals
Array of Precision Neuroscience Source: Precision Neuroscience It happened so fast that Craig Mermel missed it. He was standing in a busy operating room in West Virginia, waiting for a surgeon to place Precision Neuroscience’s neural implant system onto a conscious patient’s brain for the first time. Mermel, the president and chief product officer at […]
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Moderna files for FDA approval of updated Covid vaccine for fall
A vial and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States and Moderna biotechnology company’s logos. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images Moderna on Thursday applied for U.S. Food and Drug Administration approval of the biotech company’s updated Covid […]
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