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Biotech and Pharmaceuticals

Novartis (NVS) Second Quarter 2023 Earnings Report

by Shawn Butlere
Novartis (NVS) Second Quarter 2023 Earnings Report

Novartis shares jumped on Tuesday after the Swiss drugmaker raised its full-year guidance on strong drug sales and announced a $15 billion share buyback.  The company made both announcements as …

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Categories Health

Proposed Medicare Expansion Aims to Include Wider PET Scan Coverage

by Craig Fedirighi
Proposed Medicare Expansion Aims to Include Wider PET Scan Coverage

Jay Reinstein, who suffers from Alzheimer’s, sits on a bed after receiving a PET scan at MedStar Georgetown University Hospital in Washington, DC on June 20, 2023.  Michael Robinson Chávez …

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Categories Business

Millions of people face loss of coverage as their Medicaid health insurance renewals are discontinued.

by Craig Fedirighi
Millions of people face loss of coverage as their Medicaid health insurance renewals are discontinued.

Supporters hold up Save Medicaid signs during the Senate Democrats’ news conference at the Capitol with disability advocates to oppose the Republicans’ Graham-Cassidy health care bill. Bill Clark | CQ-Roll …

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Categories Business

Analysts predict slow initial sales for Leqembi, an Alzheimer’s drug

by Shawn Butlere
Analysts predict slow initial sales for Leqembi, an Alzheimer’s drug

Jay Reinstein, who suffers from Alzheimer’s, receives an injection so he can have a PET scan at MedStar Georgetown University Hospital in Washington, DC on June 20, 2023. Michael Robinson …

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Categories Health

Eisai and Biogen’s Leqembi Receives FDA Approval for Alzheimer’s Treatment

by Shawn Butlere
Eisai and Biogen’s Leqembi Receives FDA Approval for Alzheimer’s Treatment

The Food and Drug Administration (FDA) fully approved the Alzheimer’s treatment Leqembi on Thursday, marking a significant expansion in access to the costly drug for older Americans. Medicare announced that …

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Categories Health

What patients and doctors need to be aware of

by Shawn Butlere
What patients and doctors need to be aware of

The Alzheimer’s drug Leqembi is seen in this undated handout image obtained by Reuters on January 20, 2023. Eisai | via Reuters Medicare has agreed to pay for the Alzheimer’s …

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Categories Health

AstraZeneca and Sanofi’s RSV shot for infants and toddlers approved by FDA

by Adrian Jhonsan
AstraZeneca and Sanofi’s RSV shot for infants and toddlers approved by FDA

Blood sample for respiratory syncytial virus (RSV) test Jarun011 | Istock | Getty Images The Food and Drug Administration on Monday approved AstraZeneca and Sanofi‘s shot that protects infants and …

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Categories World

Eli Lilly Seeks Approval as Donanemab, an Alzheimer’s Drug, Demonstrates Promising Results

by Craig Fedirighi
Eli Lilly Seeks Approval as Donanemab, an Alzheimer’s Drug, Demonstrates Promising Results

Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Monday said it applied for full U.S. Food and …

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Categories Business

Bill Ackman supports RFK Jr’s stance on Covid vaccines

by Shawn Butlere
Bill Ackman supports RFK Jr’s stance on Covid vaccines

Bill Ackman said in 2021 that delaying Covid vaccinations for older Americans “seems like genocide.” Today, the influential hedge fund chief and investor is amplifying the debunked anti-vaccine views of …

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Categories Health

Canada agrees to fund unused Covid vaccines, Novavax stock soars

by Shawn Butlere
Canada agrees to fund unused Covid vaccines, Novavax stock soars

Nikos Pekiaridis | Nurphoto | Getty Images Stock Chart IconStock chart icon Novavax shares jump on news of a settlement payment from the Canadian government. It’s unclear how many doses …

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Categories Health
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