Today: September 19, 2024
Today: September 19, 2024

Latest From Deena Beasley

Business|Economy|Health|News

US will still pay at least twice as much after negotiating drug prices

The U.S. government's first-ever negotiated prices for prescription drugs are still on average more than double, and in some cases five times, what drugmakers have agreed

US will still pay at least twice as much after negotiating drug prices
Business|Finance|Health

Gilead quarterly profit beats Street estimates, revenue up 5%

Gilead Sciences on Thursday reported second-quarter profit that handily beat Wall Street estimates, driven by lower operating expenses and higher product sales, and the

Gilead quarterly profit beats Street estimates, revenue up 5%
Business|Finance

Amgen quarterly profit slips, obesity data on track for late 2024

Amgen on Tuesday said its second-quarter profit slipped 1% as higher expenses, including costs related to development of its experimental obesity drug MariTide, offset a 20

Amgen quarterly profit slips, obesity data on track for late 2024
Business|Health|Science

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

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

Business

Analysis-Prices for new US drugs rose 35% in 2023, more than the previous year

Pharmaceutical companies last year launched new U.S. drugs at prices 35% higher than in 2022, reflecting in part the industry's embrace of expensive therapies for rare

Analysis-Prices for new US drugs rose 35% in 2023, more than the previous year
Business

Factbox-Consolidation in US health insurance industry

Health insurer Cigna is in merger talks with Humana, a source familiar with the matter said on Wednesday, potentially marking the latest in a long string of deals aimed at

Factbox-Consolidation in US health insurance industry
Business

Gilead quarterly results beat Street estimates as profit up on lower taxes

Drugmaker Gilead Sciences on Tuesday said third-quarter sales were little changed from a year earlier, but earnings rose 21% due mainly to lower taxes.

Gilead quarterly results beat Street estimates as profit up on lower taxes
Business

Amgen third-quarter sales rise 5%; profit up before charge

Amgen, which earlier this month acquired Horizon Therapeutics for $27.8 billion, on Tuesday said its third-quarter product sales rose 5% as double-digit volume growth was

Amgen third-quarter sales rise 5%; profit up before charge
Health

Weight-loss drug forecasts jump to $150 billion as supply grows

As millions seek access to weight-loss drugs from Novo Nordisk and Eli Lilly, increasing supplies, possible wider usage and a growing number of would-be rivals are leading

Weight-loss drug forecasts jump to $150 billion as supply grows
Business|Health

Amgen investors await weight-loss drug data

Amgen investors eyeing dramatic share price gains for rivals with successful obesity drugs will be focused on any updates the biotech company may provide on its own weight-

Amgen investors await weight-loss drug data
Health|Science

Amgen 'encouraged' by weight-loss drug interim data, shares jump

Amgen on Thursday said it was very encouraged after completing an interim analysis of its mid-stage study of experimental weight-loss drug MariTide and will no longer

Amgen 'encouraged' by weight-loss drug interim data, shares jump
Business|Economy|Health|News

Bristol Myers posts quarterly loss, lays out $1.5 billion cost-saving plan

Bristol Myers Squibb reported a first-quarter loss on Thursday as charges related to its acquisitions of Karuna Therapeutics, RayzeBio and Mirati

Bristol Myers posts quarterly loss, lays out $1.5 billion cost-saving plan
News

US study finds no evidence of Havana syndrome brain injury

A U.S. government research team found no significant evidence of brain injury among a group of federal employees reporting symptoms of the "Havana syndrome" ailment that

US study finds no evidence of Havana syndrome brain injury

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