Health care industry
China struggles to stamp out Covid as Beijing, Shanghai reimpose some restrictions
People wait in line for nucleic acid tests to detect COVID-19 at a testing site on June 9, 2022, in Beijing, China. China says it has generally controlled recent outbreaks in Beijing after hundreds of people tested positive for the virus in recent weeks. Kevin Frayer | Getty Images News | Getty Images BEIJING — […]
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Diseases suppressed during Covid are coming back in new and peculiar ways
Dowell | Moment | Getty Images The Covid-19 pandemic has abated in much of the world and, with it, many of the social restrictions implemented to curb its spread, as people have been eager to return to pre-lockdown life. But in its place have emerged a series of viruses behaving in new and peculiar ways. […]
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Thailand makes marijuana legal, but smoking is discouraged
Thailand’s government has warned that those eager to light up for fun that smoking in public could still be considered a nuisance, subject to a potential 3-month jail sentence and 25,000 baht ($780) fine. Sopa Images | Lightrocket | Getty Images Thailand made it legal to cultivate and possess marijuana as of Thursday, like a […]
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Travel industry calls on White House to end Covid-19 testing requirement for travelers from overseas
A man checks in at a Covid-19 testing site in the international arrivals area of Los Angeles International Airport in Los Angeles, California on December 22, 2021. Frederic J. Brown | AFP | Getty Images Travel and hospitality CEOs are stepping up pressure on the Biden administration to scrap a requirement that anyone flying into […]
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Signs point to biotech M&A heating up, Wells Fargo says. Here’s where to look
The pace of biotech deals is likely to pick up, but investors should think about smaller targets, said Wells Fargo analyst Mohit Bansal. Bansal called out both enticing valuations for small- and mid-cap biotech companies, which are now trading at an enterprise value of about one times cash, on average, and a tough regulatory environment […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures essentially flat following Wednesday’s declines Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters U.S. stock futures were essentially flat Thursday, as […]
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FDA decision on Novavax’s Covid shots could be delayed to review changes in manufacturing
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images The Food and Drug Administration needs to review changes to Novavax’s manufacturing process before it can authorize the biotech […]
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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
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
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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