- Amgen scraps experimental weight loss pill, moves forward with injectionon May 2, 2024 at 9:42 pm
Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.
- Moderna loses less than expected as Covid vaccine sales beat estimates, cost cuts take holdon May 2, 2024 at 8:00 pm
The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.
- UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattackon May 1, 2024 at 9:01 pm
UnitedHealth CEO estimates that data from one-third of Americans could have been compromised in the Change Healthcare cyberattack.
- UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransomon May 1, 2024 at 8:41 pm
Senators questioned UnitedHealth Group CEO Andrew Witty on Wednesday about a cyberattack on its subsidiary Change Healthcare.
- Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.on May 1, 2024 at 8:23 pm
The deal would allow J&J to resolve the lawsuits through a third bankruptcy filing of a subsidiary company, LTL Management.
- CVS shares plummet as health company slashes profit outlook on higher medical costson May 1, 2024 at 8:19 pm
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.
- Pfizer beats earnings estimates, raises outlook on cost cuts and smaller-than-feared drop in Covid drug saleson May 1, 2024 at 8:18 pm
The pharmaceutical giant's quarterly results also benefited from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.
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