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Biotech and Pharmaceuticals

Walmart to shutter health centers, virtual care service

by Shawn Butlere
Walmart to shutter health centers, virtual care service

Walmart on Tuesday said it will close all of its health-care clinics across the country, a stunning reversal of its plans to bring its low-priced reputation to the dentist and …

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Categories Health

Bristol Myers Squibb (BMY) earnings Q1 2024

by Shawn Butlere
Bristol Myers Squibb (BMY) earnings Q1 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023.  Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb …

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Categories Health

Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.

by Adrian Jhonsan
Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.

The anti-diabetic medication “Ozempic” (semaglutide) made by Danish pharmaceutical company Novo Nordisk. Joel Saget | AFP | Getty Images The U.S. Senate has launched an investigation into the high price …

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Categories World

Swiss pharma giant Roche’s first-quarter sales edge higher as its emerges from post-Covid-19 slump

by Adrian Jhonsan
Swiss pharma giant Roche’s first-quarter sales edge higher as its emerges from post-Covid-19 slump

A logo at the Roche Holding AG headquarters in Basel, Switzerland, on Thursday, Feb. 1, 2024. Bloomberg | Getty Images Swiss pharmaceutical company Roche on Wednesday reported a modest uptick …

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Categories World

Biotech IPOs heated up, but haven’t fully recovered

by Shawn Butlere
Biotech IPOs heated up, but haven’t fully recovered

Angelp | Istock | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good morning! After a two-year dry …

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Categories Health

Eli Lilly weight loss drug Zepbound effective in sleep apnea trials

by Shawn Butlere
Eli Lilly weight loss drug Zepbound effective in sleep apnea trials

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.  Brendan McDermid | Reuters Eli Lilly on Wednesday said its …

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Categories Health

U.S. drug shortages reach record high, hitting Wegovy

by Shawn Butlere
U.S. drug shortages reach record high, hitting Wegovy

Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024.  Hollie Adams | Reuters Think a friend or colleague should be getting …

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Categories Health

Eli Lilly’s top drug last year is softening. But it may not matter for the stock

by Adrian Jhonsan
Eli Lilly’s top drug last year is softening. But it may not matter for the stock

Sales of some Eli Lilly drugs — including its best-selling product last year — appear to be softening, according to Wall Street analysts. But that might not be enough to …

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Categories World

Weight loss, diabetes drugs not linked to suicidal thoughts: EU probe

by Shawn Butlere
Weight loss, diabetes drugs not linked to suicidal thoughts: EU probe

Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024.  Hollie Adams | Reuters European Union drug regulators found no evidence that …

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Categories Health

This consumer microbiome startup is betting profits on an AI tool

by Adrian Jhonsan
This consumer microbiome startup is betting profits on an AI tool

A probiotic culture experiment in a laboratory. Future Publishing | Future Publishing | Getty Images Seed Health has been in the business of microbiome scientific breakthroughs since its founding in …

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Categories World
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