Health care industry
The weight-loss drug boom has become one of the internet’s biggest scams
A production line of Wegovy injection pens for the Asian market at the Novo Nordisk A/S pharmaceutical manufacturing facility in Hillerod, Denmark, on Wednesday, Nov. 27, 2024. Bloomberg | Bloomberg | Getty Images One interpretation of the law of supply and demand is that when demand outstrips supply, scammers get busy. That’s certainly the case […]
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NYPD releases 2 new photos of man sought in killing of UnitedHealthcare CEO
The New York Police Department on Saturday released two new photos of a person being sought in the killing of UnitedHealthcare CEO Brian Thompson. The photos are the latest in a series by the NYPD of the same individual wanted for questioning in Wednesday’s killing. The person can be seen in one of the photos through […]
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Judge OKs landmark class action settlement in LGBTQ fertility lawsuit
A Pride flag is seen held up in a crowd during preparation for a Queer March to the Texas State Capitol on April 15, 2023 in Austin, Texas. People from across Texas rallied together in protest against a slew of anti-LGBTQIA+ and drag bills being proposed among legislators. Brandon Bell | Getty Images A federal […]
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WHO sends experts to help Congo diagnose mystery disease
The town of Kavumu where there has been an outbreak of mpox in Kabare territory, South Kivu region, Democratic Republic of Congo, on Tuesday, Sept. 3, 2024. Bloomberg | Bloomberg | Getty Images The World Health Organization said on Friday it is deploying experts to support health authorities in the Democratic Republic of the Congo […]
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Anthem Blue Cross Blue Shield halts anesthesia payment policy after backlash
Anthem Blue Cross Blue Shield said Thursday it was not going ahead with a policy change that would limit reimbursements for anesthesia during surgeries and medical procedures. The new policy would have reimbursed doctors based on time limits set by the insurer. Anthem BCBS, one of the largest health insurers in the U.S., quietly announced […]
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Healthy Returns: Wall Street mulls over Amgen’s weight loss drug data
The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Wall Street is chewing over critical […]
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Prescription fills for weight loss drugs Zepbound and Wegovy more than doubled in 2024, GoodRx says
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Reuters Prescription fills for blockbuster weight loss drugs in the U.S. more than doubled in 2024, even with limited insurance coverage and high out-of-pocket costs for the treatments, according to data released Thursday […]
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Eli Lilly’s obesity drug beats rival in head-to-head trial — where Cramer sees shares going next
New trial data has cemented Club holding Eli Lilly ‘s pole position in the highly competitive obesity drug race. The news Eli Lilly’s obesity drug Zepbound bested its main rival Wegovy — made by Denmark’s Novo Nordisk — in the first head-to-head trial comparing the fast-growing weight loss treatments. Patients on Zepound lost an average […]
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Our newest portfolio stock backed off its recent 52-week high — so we’re buying more
We’re buying 300 shares of Bristol-Myers Squibb at roughly $58 each. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 900 shares of BMY, increasing its weighting to about 1.5% from 1%. Shares of pharmaceutical maker Bristol-Myers have dropped about 3% in the past two days in the absence of any real news. The stock […]
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UnitedHealthcare CEO Brian Thompson fatally shot in New York
UnitedHealthcare (UHC) health insurance company signage is displayed on an office building in Phoenix, Arizona on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Brian Thompson, the CEO of UnitedHealth Group‘s insurance unit, was fatally shot in midtown Manhattan Wednesday morning, a person familiar with the matter told CNBC. UnitedHealth Group canceled […]
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