Tag: Health care industry
FDA announces food dye ban
Candy is displayed for sale, as U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., along with FDA Commissioner Marty Makary, annou [...]
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, [...]