Biotech and Pharmaceuticals
Hawaii governor warns developers against predatory land buying in devastated Lahaina
A general view shows damage in the fire ravaged town of Lahaina on the island of Maui in Hawaii, U.S., August 15, 2023. Mike Blake | Reuters Hawaii Gov. Josh Green is warning developers from the mainland United States and around the world not to buy up land in the wake of catastrophic wildfires that […]
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Appeals court imposes restrictions on abortion pill, but drug will stay on the market for now
A container holding boxes of Mifepristone, the first medication in a medical abortion, are prepared for patients at Alamo Women’s Clinic in Carbondale, Illinois, April 20, 2023. Evelyn Hockstein | Reuters A federal appeals court on Wednesday imposed restrictions on the abortion pill mifepristone, though the ruling will not have an immediate impact. The order […]
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Young people are at risk of harsh respiratory problems after 30 days of e-cigarette use, study says
A man uses a Juul vaporizer in Atlanta, Georgia, Sept. 26, 2019. Elijah Nouvelage | Reuters Young people are at risk of experiencing significant respiratory symptoms, including bronchitis and shortness of breath, after just 30 days of electronic cigarette use, according to a new study released Tuesday. Researchers from the Center for Tobacco Research at […]
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As the new Eris Covid variant spreads across the world, here’s what we know so far
An illustrative image of a person holding a medical syringe and a vaccine vial in front of the Pfizer logo displayed on a screen. Nurphoto | Nurphoto | Getty Images The World Health Organization is monitoring a new strain of Covid-19 called EG.5, or “Eris,” that accounts for a growing share of cases in countries […]
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UBS says this stock is the ‘best story’ among U.S. large caps, sees more than 15% upside ahead
Eli Lilly has had a great run, but UBS expects about 16% further upside in the coming months as a steady stream of positive news propels the stock higher and revenue growth accelerates. Calling it the “best fundamental story” among U.S. large caps, UBS analyst Colin Bristow on Friday lifted his price target to $612 […]
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SEC investigating Illumina over acquisition of cancer test developer Grail
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, September 1, 2021. Mike Blake | Reuters The Securities and Exchange Commission is investigating Illumina over its controversial $7.1 billion acquisition of cancer test developer Grail, the DNA sequencing company said in a securities filing late Thursday. Last […]
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Hawaii wildfires: Biden vows immediate aid, deploys military to assist victims
An aerial view of a wildfire in Kihei, Maui County, Hawaii, U.S., August 8, 2023 in this screen grab obtained from a social media video. Clint Hansen Of Maui Real Estate | Via Reuters President Joe Biden on Thursday vowed immediate assistance for Maui residents who have lost loved ones and their homes in devastating […]
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These 10 medications are likely targets for Medicare price negotiations this fall
Merck & Co. Inc. Januvia brand medication, used to treat type2 diabetes, sit on a pharmacy shelf in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Medicare is poised to directly negotiate drug prices with the pharmaceutical industry this fall for the first time in the program’s nearly six-decade history. The Centers for Medicare […]
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Novo Nordisk to acquire obesity drug maker Inversago Pharma for up to $1 billion
Liselotte Sabroe | Afp | Getty Images Novo Nordisk on Thursday said it will acquire Inversago Pharma, a privately held obesity drug maker, for up to $1.08 billion to broaden the Danish company’s blockbuster weight loss portfolio. The deal is Novo Nordisk’s latest attempt to capitalize on the weight loss industry gold rush, which began […]
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Abortion rights keep winning on the ballot in conservative states — Florida and Arizona could be next
Organizers celebrate the defeat of Issue 1 during an election night party at the Columbus Fire Fighters Local 67 on Tuesday, Aug. 8, 2023 in Columbus, Ohio. Ohio voters have rejected a proposal that would’ve made it more difficult for voters to amend the state constitution, including one measure set for the November ballot that […]
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