Tag: Health care industry
UnitedHealth’s guidance cut may mean trouble for more insurers
UnitedHealth Group's stock sank 20% on Thursday after the company slashed its annual profit forecast, citing higher-than-expected medical costs in its [...]
Eli Lilly weight loss pill orforglipron clears first late-stage trial
Eli Lilly on Thursday said its daily obesity pill met the company's goals in the first of several late-stage trials, helping patients with Type 2 diab [...]
Medical product manufacturers are divided over Trump’s tariffs
President Donald Trump's tariffs are creating a divide in the medical community.Medical devices and protective gear made in China, Mexico and Canada w [...]
Pfizer scraps daily weight loss pill danuglipron after a liver injury
Nikos Pekiaridis | Lightrocket | Getty ImagesPfizer on Monday said it would end development of its experimental daily weight loss pill after a patient [...]
Trump pharmaceutical tariffs may raise costs, worsen drug shortages
A pharmacist collects medications for prescriptions at a pharmacy.Simon Dawson | Bloomberg | Getty ImagesPresident Donald Trump's planned tariffs on p [...]
Trump says pharmaceutical tariffs are coming, stocks fall
The Lilly Biotechnology Center in San Diego, California, on March 1, 2023.Mike Blake | ReutersShares of drugmakers fell on Wednesday after President D [...]
FDA guts education, training division as part of RFK Jr.’s cuts
The Food and Drug Administration has gutted a division responsible for training agency staff and outside health-care professionals on an array of key [...]
Walgreens (WBA) earnings Q2 2025
A sign for US drugstore chain Walgreens is displayed outside its store in New York City on March 7, 2025.Angela Weiss | AFP | Getty ImagesWalgreens on [...]
CMS makes job cuts as RKF Jr. guts HHS
An aerial of the Centers for Medicare & Medicaid Services building on March 19, 2025 in Woodlawn, Maryland. Kayla Bartkowski | Getty ImagesThe Cen [...]
Eli Lilly sues Strive and Empower over compounded tirzepatide
The Eli Lilly logo is shown on one of the company's offices in San Diego, California, on Sept. 17, 2020.Mike Blake | ReutersEli Lilly is suing two pha [...]
Vaccine stocks fall after FDA’s Peter Marks resigns over RFK Jr.
Rafael Henrique | Lightrocket | Getty ImagesShares of major vaccine makers dropped on Monday after a key U.S. health official resigned in protest of H [...]
Novo Nordisk’s diabetes pill Rybelsus slashes cardiovascular risk
Novo Nordisk on Saturday said its diabetes pill Rybelsus showed cardiovascular benefits in a late-stage trial, paving the way for it to become a new t [...]
Former Citi CEO Sandy Weill launches new cancer research hub
Former Citigroup CEO Sandy Weill announced Thursday morning a $50 million gift through the Weill Family Foundation to establish the Weill Cancer Hub E [...]
RFK Jr. plans 10,000 HHS job cuts
Robert F. Kennedy Jr., US secretary of Health and Human Services (HHS), during a cabinet meeting at the White House in Washington, DC, US, on Monday, [...]
Eli Lilly to release weight loss pill orforglipron trial data
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott Olson | Getty ImagesPatie [...]