Pharmaceuticals

A ‘perfect storm’ has set this sector up to benefit if Trump’s tariffs go ahead, Bank of America says
World

A ‘perfect storm’ has set this sector up to benefit if Trump’s tariffs go ahead, Bank of America says

U.S. President Donald Trump’s tariffs regime has rocked international markets in recent weeks, sparking massive selloffs and rallies in stocks across the globe. Certain tariff-sensitive stocks, such as those in the autos, mining and pharmaceuticals sectors, have seen particularly volatile trade. In a Wednesday ruling , however, the U.S. Court of International Trade blocked the […]

Read More
CDC ends Covid vaccine recommendation for healthy kids and pregnant women
Health

CDC ends Covid vaccine recommendation for healthy kids and pregnant women

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and Secretary of Education Linda McMahon attend a Make America Healthy Again (MAHA) Commission event, in the East Room of the White House in Washington, D.C., U.S., May 22, 2025. Evelyn Hockstein | Reuters The Centers for Disease Control and Prevention will no longer […]

Read More
How UnitedHealthcare became the face of America’s health insurance frustrations
Business

How UnitedHealthcare became the face of America’s health insurance frustrations

Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024. Stephen Maturen | Getty Images News | Getty Images It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023. […]

Read More
Cigna announces new deal for copay caps on Eli Lilly and Novo Nordisk weight loss drugs
Health

Cigna announces new deal for copay caps on Eli Lilly and Novo Nordisk weight loss drugs

Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Only half of health insurer Cigna‘s clients currently cover the popular GLP-1 weight loss drugs Wegovy and Zepbound because of their high costs. But the company’s pharmacy benefits unit Evernorth has reached a deal with […]

Read More
South Korea vows support for biopharmaceutical, auto sectors over US tariffs
World

South Korea vows support for biopharmaceutical, auto sectors over US tariffs

Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the company’s shipping yard at the Port of Pyeongtaek on April 03, 2025 in Pyeongtaek, South Korea. Chung Sung-Jun/Getty Images South Korea’s government pledged on Wednesday more support measures for key export industries, including the biopharmaceutical and auto sectors, which are expected to be hit by […]

Read More
FDA outlines stricter Covid vaccine booster approval standards for healthy people
Health

FDA outlines stricter Covid vaccine booster approval standards for healthy people

Brandon Guerrero, 34, of Compton, receives both a flu and COVID-19 vaccine at CVS in Huntington Park on August 28, 2024. Christina House | Los Angeles Times | Getty Images The Food and Drug Administration on Tuesday outlined new regulatory guidance for future Covid-19 vaccine boosters, setting stricter approval standards for healthy Americans.  The FDA […]

Read More
Novo Nordisk’s future in doubt after Wegovy maker’s ‘surprise’ CEO ouster
World

Novo Nordisk’s future in doubt after Wegovy maker’s ‘surprise’ CEO ouster

Novo Nordisk’s ousting of longtime CEO Lars Fruergaard Jørgensen bemused analysts, with many questioning the future of the Wegovy obesity drug maker. Source

Read More
Novo Nordisk is betting on a CEO shakeup to regain its weight loss drug edge over Eli Lilly
Health

Novo Nordisk is betting on a CEO shakeup to regain its weight loss drug edge over Eli Lilly

A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024.  Tom Little | Reuters Novo Nordisk is banking on fresh leadership to help it reclaim the crown in the booming weight loss drug market. The Danish drugmaker on Friday abruptly announced that […]

Read More
Novo Nordisk CEO to step down as competition weighs on Wegovy maker’s share price
World

Novo Nordisk CEO to step down as competition weighs on Wegovy maker’s share price

Novo Nordisk CEO Lars Jorgensen testifies before a Senate Health, Education, Labor, and Pensions Committee hearing on U.S. prices for the weight loss drugs Ozempic and Wegovy, on Capitol Hill in Washington, U.S., September 24, 2024.  Piroschka Van De Wouw | Reuters Novo Nordisk CEO Lars Fruergaard Jørgensen is stepping down, the Wegovy-maker said Friday, […]

Read More
UnitedHealth Group shares plunge 18% on reported DOJ probe into possible Medicare fraud
Health

UnitedHealth Group shares plunge 18% on reported DOJ probe into possible Medicare fraud

Bloomberg | Bloomberg | Getty Images Shares of UnitedHealth Group plunged more than 18% on Thursday following a report that the Justice Department is conducting a criminal investigation into the health-care giant over possible Medicare fraud. The DOJ is focusing on the company’s Medicare Advantage business practices, but the exact nature of the potential criminal […]

Read More