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Biotech and Pharmaceuticals

CVS Health to Implement Job Cuts of 5,000 in Effort to Cut Expenses

by Craig Fedirighi
CVS Health to Implement Job Cuts of 5,000 in Effort to Cut Expenses

A woman walks past a CVS Pharmacy in Washington, DC, on November 2, 2022. Brendan Smialowski | AFP | Getty Images CVS Health is cutting 5,000 jobs to reduce costs …

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Categories Business

Q2 2023 Earnings Report of Pfizer (PFE)

by Shawn Butlere
Q2 2023 Earnings Report of Pfizer (PFE)

Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that fell short of estimates as Covid product …

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Categories Health

Merck (MRK) Second Quarter Earnings Report 2023

by Adrian Jhonsan
Merck (MRK) Second Quarter Earnings Report 2023

Medicine pill is seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland on October 4, 2021. NurPhoto | NurPhoto | Getty …

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Categories World

A Potential Outlook on the Uptake of New Shots

by Craig Fedirighi
A Potential Outlook on the Uptake of New Shots

A pharmacist at a CVS store in Chicago is administering COVID-19 booster shots. Experts suggest that many Americans may be hesitant to receive these additional shots due to pandemic fatigue, …

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Categories Business

J&J’s Second Attempt to Resolve Talc Cancer Lawsuits Ends in Failure

by Craig Fedirighi
J&J’s Second Attempt to Resolve Talc Cancer Lawsuits Ends in Failure

In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images A federal bankruptcy …

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Categories Business

Friday’s Stock Market: The Investing Club’s Top 10 Must-Watch Items

by Adesola Mojo
Friday’s Stock Market: The Investing Club’s Top 10 Must-Watch Items

The Club’s 10 things to watch Friday, July 28 We’re watching the bond market Friday after Thursday’s spike in yields triggered a late-day reversal for equities, ending the Dow Jones …

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Categories Automobile

Eli Lilly’s Obesity Medication Significantly Enhances Weight Loss by 26%

by Shawn Butlere
Eli Lilly’s Obesity Medication Significantly Enhances Weight Loss by 26%

The Eli Lilly logo is shown on one of the company’s offices in San Diego, California, September 17, 2020. Mike Blake | Reuters An Eli Lilly experimental drug helped patients …

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Categories Health

UK Launches Investigation into Suicide Risks Associated with Wegovy and Ozempic

by Craig Fedirighi
UK Launches Investigation into Suicide Risks Associated with Wegovy and Ozempic

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Stefan Trumpf | Picture Alliance | Getty Images U.K. …

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Categories Business

GSK CEO predicts slower uptake of RSV vaccine compared to shingles shot

by Craig Fedirighi
GSK CEO predicts slower uptake of RSV vaccine compared to shingles shot

Budrul Chukrut | Lightrocket | Getty Images GlaxoSmithKline CEO Emma Walmsley on Wednesday said she expects uptake for the company’s new RSV vaccine to start off slower than it did …

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Categories Business

Costs and Waits Pose a Burden as the Obesity Drug Wegovy Debuts in Germany

by Shawn Butlere
Costs and Waits Pose a Burden as the Obesity Drug Wegovy Debuts in Germany

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Stefan Trumpf | Picture Alliance | Getty Images Danish …

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Categories Health
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