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Centene’s concerns over Medicare market dull Q1 profit beat

Centene’s concerns over Medicare market dull Q1 profit beat

By Mariam Sunny and Vaibhav Sadhamta (Reuters) -Centene said on Friday its Medicare insurance business would face several challenges next year, taking the sheen off a strong first-quarter earnings report...
US FDA approves Pfizer’s gene therapy for rare bleeding disorder

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

By Sriparna Roy (Reuters) -The U.S. Food and Drug Administration approved Pfizer's gene therapy for hemophilia B on Friday, the second such therapy for the rare bleeding disorder that typically...
WHO says bird flu risk currently low, asks countries to remain vigilant

WHO says bird flu risk currently low, asks countries to remain vigilant

(Reuters) -The current overall public health risk posed by the H5N1 bird flu virus is low, the World Health Organization said on Friday, but urged countries to stay alert for...
CVS Omnicare staff in Las Vegas vote to join new union

CVS Omnicare staff in Las Vegas vote to join new union

(Reuters) - Staff at CVS Health's unit Omnicare in Las Vegas voted to join the Pharmacy Guild, becoming the first location at the national pharmacy chain to join the union....
Drugmaker AbbVie expects Humira volume erosion to worsen

Drugmaker AbbVie expects Humira volume erosion to worsen

By Leroy Leo and Christy Santhosh (Reuters) -AbbVie expects a drop in sales volumes of its blockbuster arthritis drug Humira to deepen after recent changes by U.S. pharmacy benefit managers...
Biden administration delays plan to ban menthol cigarettes

Biden administration delays plan to ban menthol cigarettes

By Jarrett Renshaw (Reuters) -The Biden administration on Friday delayed its plan to ban menthol cigarettes, a move that reflected the potential for a political backlash from Black voters in...
US tests show pasteurized milk safe as bird flu spreads to Colorado

US tests show pasteurized milk safe as bird flu spreads to Colorado

By Julie Steenhuysen, Tom Polansek (Reuters) -Additional tests of milk showed that pasteurization killed the bird flu virus, federal health officials said on Friday, as Colorado became the ninth U.S....
Ex-McKinsey partner sues firm, claims he was made opioids ‘scapegoat’

Ex-McKinsey partner sues firm, claims he was made opioids ‘scapegoat’

By Nate Raymond (Reuters) - A former McKinsey & Co partner sued the global consulting firm on Friday and accused it of defaming him and making him a "scapegoat" to...
Health conglomerate Kaiser notifies millions of a data breach

Health conglomerate Kaiser notifies millions of a data breach

(Reuters) -U.S. health conglomerate Kaiser is notifying millions of its members of a data breach earlier this month, it reported in a notice posted on Thursday. The Kaiser Foundation Health...
US FDA sends warning letter to Cardinal Health for marketing unapproved devices

US FDA sends warning letter to Cardinal Health for marketing unapproved devices

(Reuters) -The U.S. health regulator has sent a warning letter to Cardinal Health after an inspection of its facility in Illinois found the company was marketing and distributing unapproved devices...
Colombia becomes first country to restrict US beef due to bird flu in dairy cows

Colombia becomes first country to restrict US beef due to bird flu in dairy cows

By P.J. Huffstutter and Tom Polansek CHICAGO (Reuters) -Colombia has restricted the import of beef and beef products coming from U.S. states where dairy cows have tested positive for avian...
US states sue over agency rule on protections for workers who get abortions

US states sue over agency rule on protections for workers who get abortions

By Daniel Wiessner (Reuters) - A group of Republican-led U.S. states filed a lawsuit on Thursday seeking to block a federal rule that gives workers who had abortions the same...
Gilead posts quarterly loss on acquisition charge, revenue rises 5%

Gilead posts quarterly loss on acquisition charge, revenue rises 5%

By Deena Beasley (Reuters) -Gilead Sciences reported a first-quarter loss on Thursday after taking a $3.9 billion charge for its recent acquisition of liver drug developer CymaBay Therapeutics, while revenue...
ResMed tops quarterly profit estimates on strong demand for sleep apnea devices

ResMed tops quarterly profit estimates on strong demand for sleep apnea devices

(Reuters) - ResMed beat Wall Street estimates for quarterly profit on Wednesday due to strong demand for its sleep apnea devices, sending shares 9% higher in extended trading. The California-based...
Cigna to offer Humira rivals with $0 copay at specialty pharmacy

Cigna to offer Humira rivals with $0 copay at specialty pharmacy

By Patrick Wingrove and Amina Niasse (Reuters) - Cigna plans to make close copies of AbbVie's blockbuster arthritis drug Humira available with no out-of-pocket payment to eligible patients in the...
Edwards Lifesciences first-quarter profit beats estimates on heart devices strength

Edwards Lifesciences first-quarter profit beats estimates on heart devices strength

(Reuters) - Edwards Lifesciences Corp on Thursday reported upbeat first-quarter profit due to strong demand for its artificial heart valves and other medical devices. The California-based company now expects annual...
Healthpeak Properties increases 2024 FFO forecast owing to higher demand

Healthpeak Properties increases 2024 FFO forecast owing to higher demand

(Reuters) - Healthpeak Properties raised its annual funds from operations (FFO) forecast on Thursday, banking on resilient demand for its medical office and life science properties. The U.S. healthcare-centric real...
US Senate committee investigates pricing of Novo’s Ozempic and Wegovy

US Senate committee investigates pricing of Novo’s Ozempic and Wegovy

(Reuters) - A U.S. Senate committee said on Wednesday it had launched an investigation into the prices of Novo Nordisk's diabetes and weight loss drugs Ozempic and Wegovy in the...
Arizona House lawmakers vote to repeal 1864 abortion ban

Arizona House lawmakers vote to repeal 1864 abortion ban

By Brad Brooks (Reuters) - Lawmakers in Arizona's House of Representatives on Wednesday voted to repeal an 1864 ban on abortion that may go into effect next month. In a...
McKinsey faces US criminal probe over opioids work, sources say

McKinsey faces US criminal probe over opioids work, sources say

By Mike Spector, Nate Raymond and Chris Prentice NEW YORK (Reuters) - McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played...
Universal Health Services quarterly results beat on higher hospital admissions

Universal Health Services quarterly results beat on higher hospital admissions

(Reuters) - Universal Health Services on Wednesday beat Wall Street estimates for first-quarter profit aided by higher patient admissions, amid a resurgence in demand for some non-urgent surgeries and easing...
Molina Healthcare beats profit estimates aided by higher premiums

Molina Healthcare beats profit estimates aided by higher premiums

(Reuters) - Molina Healthcare beat Wall Street estimates for first-quarter earnings on Wednesday, aided by higher premiums in its government-backed Medicaid insurance plans for people with low income. The company...
US requires bird flu tests for dairy cattle moving between states

US requires bird flu tests for dairy cattle moving between states

By Tom Polansek and Julie Steenhuysen CHICAGO (Reuters) -The U.S. government will require dairy cattle moving between states to be tested for bird flu starting on Monday as federal officials...
US Supreme Court split over Idaho’s strict abortion ban in medical emergencies

US Supreme Court split over Idaho’s strict abortion ban in medical emergencies

By John Kruzel and Andrew Chung WASHINGTON (Reuters) -U.S. Supreme Court justices, wading back into the battle over abortion access, appeared divided on Wednesday in a case pitting Idaho's strict...
Pfizer vs Moderna battle over COVID vaccine patents begins in UK

Pfizer vs Moderna battle over COVID vaccine patents begins in UK

By Sam Tobin LONDON (Reuters) - Pfizer and BioNTech asked a London court to revoke rival Moderna's patents over technology key to the development of vaccines for COVID-19, as the...
Quest Diagnostics raises 2024 profit and revenue forecast on strong demand

Quest Diagnostics raises 2024 profit and revenue forecast on strong demand

(Reuters) - Laboratory operator Quest Diagnostics raised its 2024 profit and revenue forecast on Tuesday after beating first-quarter estimates on robust demand for its diagnostic tests. Demand for routine diagnostic...
US CDC warns of harmful reactions to fake Botox injections

US CDC warns of harmful reactions to fake Botox injections

(Reuters) -The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted clinicians about risks of counterfeit versions of AbbVie's Botox that were given to consumers for cosmetic purposes...
Alzheimer’s drug adoption in US slowed by doctors’ skepticism

Alzheimer’s drug adoption in US slowed by doctors’ skepticism

CHICAGO (Reuters) - Nine months into the U.S. launch of the first drug proven to slow the advance of Alzheimer's, Eisai and Biogen's Leqembi is facing an unexpected hurdle to...
US FDA says commercial milk safe despite bird flu virus presence

US FDA says commercial milk safe despite bird flu virus presence

By Manas Mishra and Jasper Ward (Reuters) -The U.S. Food and Drug Administration said on Tuesday that it had found bird flu virus particles in some samples of pasteurized milk,...
Italy passes contested plan to ‘support motherhood’ in abortion clinics

Italy passes contested plan to ‘support motherhood’ in abortion clinics

ROME (Reuters) - Italy's Senate gave final approval on Tuesday to a contested government plan to allow groups who "support motherhood" into abortion clinics to try to deter women terminating...