Health care industry

Bausch Health shares drop as results from its recent eyecare IPO fail to inspire
Health

Bausch Health shares drop as results from its recent eyecare IPO fail to inspire

While we don’t directly own Bausch + Lomb stock, we do hold shares of Bausch Health, which owns about 90% of its former eyecare unit. Source

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Federal agency can expand access to birth control under Medicaid if Roe v. Wade is overturned
Politics

Federal agency can expand access to birth control under Medicaid if Roe v. Wade is overturned

Chiquita Brooks-LaSure testifies before the Senate Finance Committee during her nomination hearing to be administrator of the Centers for Medicare & Medicaid Services in Washington on Thursday, April 15, 2021. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images In her first year as administrator of the Centers for Medicare and Medicaid Services, Chiquita Brooks-Lasure […]

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5 things to know before the stock market opens Wednesday
Business

5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall with the 10-year Treasury yield above 3% Trader on the floor of the NYSE, June 7, 2022. Source: NYSE U.S. stock futures fell Wednesday after back-to-back gains on Wall Street. Adding pressure, the benchmark […]

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Eli Lilly’s new diabetes drug continues to show promise as an obesity treatment
Business

Eli Lilly’s new diabetes drug continues to show promise as an obesity treatment

Eli Lilly continues to work on commercializing its strong innovation pipeline, which is a key reason the CNBC Investing Club owns the stock. Source

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Novavax Covid vaccine clears key step on path to FDA authorization after committee endorses the shot
Business

Novavax Covid vaccine clears key step on path to FDA authorization after committee endorses the shot

Novavax’s two-dose dose Covid-19 vaccine for adults ages 18 and older cleared a key step on the path toward Food and Drug Administration authorization on Tuesday. The FDA’s committee of independent vaccine experts voted 21 to 0 with one abstention to recommend authorization of the shot for use in the U.S. after an all-day public […]

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5 things to know before the stock market opens Tuesday
Business

5 things to know before the stock market opens Tuesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to open lower as bond yields remain high Traders work on the floor of the NYSE, June 6, 2022. Source: NYSE U.S. stock futures dropped Tuesday, with elevated bond yields playing spoiler again. Sentiment […]

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CDC raises monkeypox alert as global cases surpass 1,000
Health

CDC raises monkeypox alert as global cases surpass 1,000

Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022.  Dado Ruvic | Reuters The U.S. Centers for Disease Control and Prevention has stepped up its monkeypox guidance, urging travelers to take extra precautions including wearing face masks as global cases of the virus surpass 1,000. The CDC […]

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Novavax Covid vaccine clears key step on path to FDA authorization after committee endorses the shot
Business

Novavax faces high stakes FDA review this week that will decide the fate of its Covid vaccine in the U.S.

In this photo illustration the Food and Drug Administration (FDA) and Novavax logos are seen behind a medical syringe and vials. Pavlo Gonchar | LightRocket | Getty Images Novavax’s Covid-19 vaccine will face the scrutiny of the Food and Drug Administration’s independent immunization experts this week, a crucial step on the path toward U.S. regulatory […]

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U.S. has more than 36,000 Jynneos monkeypox vaccine doses immediately available in national stockpile
Health

U.S. has more than 36,000 Jynneos monkeypox vaccine doses immediately available in national stockpile

The United States has more than 36,000 doses of the Jynneos monkeypox vaccine immediately available in the strategic national stockpile, according to the Health and Human Services Department. The Centers for Disease Control and Prevention is sending the vaccine to people who have had high risk exposures to the virus in an effort to stop […]

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5 things to know before the stock market opens Monday
Business

5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to bounce after Wall Street’s losing week Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters Wall Street was set to […]

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