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 …
Biotechnology
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 …
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 …
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, …
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 …
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 …
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. …
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 …
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 …
Biogen Plans to Reduce Workforce by 1,000 in Anticipation of Leqembi Launch
A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Biogen on Tuesday said it expects to cut approximately 1,000 jobs, or about 11% of its workforce, to save costs …