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Biotech and Pharmaceuticals

Medicare proposes broader coverage of PET scans

by Akin Smith
Medicare proposes broader coverage of PET scans

Jay Reinstein, who suffers from Alzheimer’s, sits on a bed after receiving a PET scan at MedStar Georgetown University Hospital in Washington, DC on June 20, 2023.  Michael Robinson Chávez …

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J&J sues Biden administration over Medicare drug negotiations

by Akin Smith
J&J sues Biden administration over Medicare drug negotiations

Pavlo Gonchar | LightRocket | Getty Images Johnson & Johnson on Tuesday sued the Biden administration over Medicare’s new powers to slash drug prices, making it the third pharmaceutical company …

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Novartis (NVS) earnings report Q2 2023

by Akin Smith
Novartis (NVS) earnings report Q2 2023

Novartis said in August that it plans to spin off its generics unit Sandoz to sharpen its focus on its patented prescription medicines. Bloomberg | Bloomberg | Getty Images Novartis …

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FDA approves AstraZeneca, Sanofi RSV shot for infants, toddlers

by Walter Watson
FDA approves AstraZeneca, Sanofi RSV shot for infants, toddlers

Blood sample for respiratory syncytial virus (RSV) test Jarun011 | Istock | Getty Images The Food and Drug Administration on Monday approved AstraZeneca and Sanofi‘s shot that protects infants and …

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Alzheimer’s drug donanemab shows positive results, Eli Lilly asks for approval

by Anas Siddiqui
Alzheimer’s drug donanemab shows positive results, Eli Lilly asks for approval

Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Monday said it applied for full U.S. Food and …

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Why suicide risks may spoil the debut of the latest weight loss drugs

by Akin Smith
Why suicide risks may spoil the debut of the latest weight loss drugs

Investors would be forgiven if talk of a potential suicide risk associated with a new class of diabetes and weight loss drugs led to skittishness last week. Prior attempts to …

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Insurance may not cover Opill without prescription

by Akin Smith
Insurance may not cover Opill without prescription

A package of the daily contraceptive Opill is seen in an undated illustration. Perrigo | via Reuters The first birth control pill sold without a prescription in the U.S. could …

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Obesity drug maker Versanis to be bought by Eli Lilly

by Anas Siddiqui
Obesity drug maker Versanis to be bought by Eli Lilly

Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Friday said it will acquire Versanis, a privately held …

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FDA says aspartame is safe, disagrees with WHO on possible cancer link

by Anas Siddiqui
FDA says aspartame is safe, disagrees with WHO on possible cancer link

Cans of PepsiCo’s Pepsi Zero Sugar soda are displayed for an arranged photograph taken in Tiskilwa, Illinois, on Wednesday, April 17, 2019. Daniel Acker | Bloomberg | Getty Images The …

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UnitedHealth Group (UNH) earnings Q2 2023

by Akin Smith
UnitedHealth Group (UNH) earnings Q2 2023

Representatives speak with customers at a UnitedHealthcare store in Queens, New York. Michael Nagle | Bloomberg | Getty Images UnitedHealth Group’s stock price jumped Friday after the health-care conglomerate reported …

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