Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
CNBC » Health and Science
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8h ago
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune ..read more
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Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
CNBC » Health and Science
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8h ago
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028 ..read more
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Walgreens to help bring cell and gene therapies to patients as it expands specialty pharmacy services
CNBC » Health and Science
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16h ago
Among the company's investments to "transform" its specialty pharmacy services is the opening of a new facility dedicated to cell and gene therapy services ..read more
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Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.
CNBC » Health and Science
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23h ago
Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug ..read more
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Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
CNBC » Health and Science
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1d ago
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year ..read more
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Oracle is moving its world headquarters to Nashville to be closer to health-care industry
CNBC » Health and Science
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2d ago
Oracle is moving its world headquarters to Nashville, according to Larry Ellison ..read more
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Healthy Returns: Biotech IPOs ramped up to start 2024, but the market hasn't fully recovered just yet
CNBC » Health and Science
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2d ago
Biotech IPOs surged at the start of 2024, but the rest of the year will depend on Fed rate cuts. Meanwhile, doctors using VR and AI to hone their skills ..read more
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UnitedHealth paid ransom to bad actors, says patient data was compromised in Change Healthcare cyberattack
CNBC » Health and Science
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3d ago
UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data ..read more
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Meet the private doctor to the wealthy — at $40,000 a year
CNBC » Health and Science
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3d ago
The rise of family office-style medical practices reflects the surge in wealth and growing demand for hyper-personalized, data-driven health care ..read more
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Most people on weight loss drugs are spending less on restaurants and takeout, survey says
CNBC » Health and Science
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5d ago
The findings add to concerns that GLP-1s could take a bite out of the bottom lines of some of the biggest restaurant companies and packaged food makers ..read more
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