Health care industry
Here’s why Walgreens and CVS retail pharmacies are struggling — and what they’re doing to fix it
The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap. But she said she often has to wait for employees to unlock cabinets or stand in lengthy lines to pick up prescriptions as pharmacists […]
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A new consumer privacy battle is underway as tech gadgets capture our brain waves
Nomadsoul1 | Istock | Getty Images The question “What is a thought?” is no longer strictly a philosophical one. Like anything else measurable, our thoughts are subject to increasingly technical answers, with data captured by tracking brainwaves. That breakthrough also means the data is commodifiable, and captured brain data is already being bought and sold […]
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Epic Systems is pushing hospital customers to use new federal network for sharing medical records
The eponymous sign outside Epic headquarters in Verona, Wisconsin. Source: Yiem via Wikipedia CC Epic Systems, the health-care software giant whose technology is used in thousands of hospitals and clinics across the country, said on Friday that it’s planning on moving all of its customers to a new government-backed medical records exchange by the end […]
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Gilead Sciences alleges dangerous drug-counterfeiting operation at two NYC pharmacies in lawsuit
Gilead HIV prescription bottles seized at Best Scripts pharmacy. Courtesy: Gilead Sciences Gilead Sciences says it uncovered a dangerous drug-counterfeiting operation in which its HIV medications were tampered with and improperly resold before reaching patients. The scheme, allegedly run out of two New York City pharmacies, identified Peter Khaim, a twice-convicted medical fraudster, as the […]
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Mpox vaccine maker Bavarian Nordic seeks ‘critical’ EU approval for teens after WHO declares health emergency
Jackyenjoyphotography | Moment | Getty Images LONDON — Danish biotech company Bavarian Nordic said Friday that it had submitted data to the Europe Union’s drug regulator to extend the use of its mpox vaccine for teenagers. CEO Paul Chaplin told CNBC that the expanded approval for 12 to 17 year-olds would be crucial in tackling […]
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After medic’s rape and murder, Indian doctors stage 24-hour nationwide strike
Medical professionals and students participate in a silent march as they condemn the rape and murder of a doctor, in Kolkata on August 15, 2024. Dibyangshu Sarkar | Afp | Getty Images The Indian Medical Association, the largest association of modern medicine doctors in India, has called for the suspension of non-emergency medical services for […]
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What’s next for the Biden administration’s Medicare drug price negotiations
U.S. President Joe Biden and Vice President Kamala Harris walk out together, at an event on Medicare drug price negotiations, in Prince George’s County, Maryland, U.S., August 15, 2024. Ken Cedeno | Reuters The Biden administration on Thursday reached a milestone in Democrats’ decades-long quest to use Medicare to drive down prescription drug costs, releasing […]
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Health stocks jump as WHO declares mpox global health emergency
Colorized transmission electron micrograph of monkeypox virus particles (red) found within an infected cell (blue), cultured in the laboratory. Bsip | Universal Images Group | Getty Images LONDON — Shares of Danish vaccine maker Bavarian Nordic jumped as much as 17% Thursday amid a wider rally for associated healthcare stocks after the World Health Organization […]
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Biden administration to release prices for first 10 drugs subject to landmark Medicare negotiations
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | Getty Images The Biden administration on Thursday will release prices for the first 10 prescription drugs that were subject to landmark negotiations between drugmakers and […]
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WHO declares mpox a global public health emergency for second time in two years
A woman holds a syringe with a dose of the Monkeypox vaccine at the Edison municipal vaccination centre in Paris, France July 27, 2022. Alain Jocard | Pool | Reuters The World Health Organization on Wednesday declared mpox a global public health emergency for the second time in two years, following an outbreak of the […]
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