Biotechnology
Patients regain weight after stopping Eli Lilly's Zepbound, study says
Eli Lilly’s drug tirzepatide was approved for weight loss by the FDA. Courtesy of Eli Lilly Patients who took Eli Lilly‘s weight loss drug Zepbound regained around half the weight they shed after stopping the newly approved treatment for a year, according to data released Monday. The data, which represents the full results from an […]
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Cigna shares jump on reports of abandoned Humana buyout, plans for $10 billion stock buyback
Sopa Images | Lightrocket | Getty Images Shares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements on price, putting an early end to what would have been one of the largest deals of the decade. Cigna late Sunday also announced plans to […]
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Occidental Petroleum to acquire Permian producer CrownRock for $12 billion, elevate dividend
Occidental Petroleum Jay L. Clendenin | Los Angeles Instances | Getty Images Occidental Petroleum has agreed to obtain CrownRock, a important privately held energy producer that operates in the Permian Basin, for $12 billion. The deal is most current in a spate of consolidation in the U.S .strength sector, particularly in the Permian, the greatest […]
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Biden administration asserts ability to seize drug patents in shift to slash significant charges
President Joe Biden speaks about guarding Social Protection, Medicare, and lowering prescription drug expenditures, during a stop by to OB Johnson Park and Local community Centre, in Hallandale Beach front, Florida, on Nov. 1, 2022. Kevin Lamarque | Reuters The Biden administration on Thursday asserted its authority to seize the patents of sure highly-priced prescription […]
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AbbVie to acquire neuroscience drugmaker Cerevel Therapeutics for $8.7 billion
A sign stands outside a Abbvie facility in Cambridge, Massachusetts, May 20, 2021. Brian Snyder | Reuters AbbVie on Wednesday said it will acquire neuroscience drugmaker Cerevel Therapeutics for roughly $8.7 billion. Under the terms of the deal, AbbVie will pay $45 per share for Cerevel. AbbVie said it expects to complete the acquisition in […]
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U.S. crude drops under $70 per barrel, fuel selling prices drop to 11-thirty day period very low
Fuel price ranges at a Shell gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Visuals U.S. crude declined virtually 4% on Wednesday with retail gasoline selling prices hitting the most affordable position due to the fact January ahead of the holiday getaway browsing and journey year. […]
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Eli Lilly weight loss drug Zepbound now available at pharmacies as rival Wegovy faces shortages
FDA approves Eli Lilly’s Zepbound, a weight loss drug similar to Ozempic and Wegovy Courtesy: Eli Lilly Eli Lilly on Tuesday said its recently approved weight loss treatment Zepbound is now available at pharmacies across the U.S., serving as an alternative to rival obesity drugs such as Wegovy that are facing supply issues. Zepbound is […]
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CVS to change how it prices prescription drugs with new pharmacy reimbursement model
A sign outside a CVS Health store in Miami, Aug. 1, 2023. Joe Raedle | Getty Images CVS Health on Tuesday said will revamp how it prices prescription drugs and scrap a complex model that typically sets how much pharmacies get reimbursed and what patients pay for those medications. The new effort makes CVS the […]
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Free ChatGPT may incorrectly answer drug questions, study says
Harun Ozalp | Anadolu | Getty Images The free version of ChatGPT may provide inaccurate or incomplete responses — or no answer at all — to questions related to medications, which could potentially endanger patients who use OpenAI’s viral chatbot, a new study released Tuesday suggests. Pharmacists at Long Island University who posed 39 questions […]
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Roche enters obesity market with Carmot takeover but medications could not be accessible until finally 2030
BRAZIL – 2021/11/26: In this photograph illustration a F. HoffmannLa Roche AG logo is found on a screen and a hand keeping a capsule. (Picture Illustration by Rafael Henrique/SOPA Visuals/LightRocket by way of Getty Pictures) Sopa Photos | Lightrocket | Getty Photos Swiss prescribed drugs giant Roche is established to purchase anti being overweight drug […]
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