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Biotechnology

Many CVS drug plans will cover OTC birth control pill Opill at no cost

by Akin Smith
Many CVS drug plans will cover OTC birth control pill Opill at no cost

In this photo illustration, a package of Opill is displayed on March 22, 2024 in San Anselmo, California.  Justin Sullivan | Getty Images CVS Health on Thursday said its drug …

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Drug similar to Ozempic slowed Parkinson’s disease in small trial

by Akin Smith
Drug similar to Ozempic slowed Parkinson’s disease in small trial

The coronal view of a human brain of a patient suffering from Parkinson’s disease Sherbrooke Connectivity Imaging Lab | Getty Images A highly popular class of drugs for diabetes and …

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Health insurer stocks slide as Medicare Advantage rates disappoint

by Akin Smith
Health insurer stocks slide as Medicare Advantage rates disappoint

Shares of U.S. health insurers fell Tuesday after the Biden administration didn’t boost payments for private Medicare plans as much as the insurance industry and investors had hoped.  Shares of …

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Syngenta withdraws Shanghai IPO application, will restart process in China or elsewhere ‘when the conditions are right’

by Anas Siddiqui
Syngenta withdraws Shanghai IPO application, will restart process in China or elsewhere ‘when the conditions are right’

Swiss agrichemicals and seeds giant Syngenta Group has withdrawn its application for a listing in Shanghai amid mainland China’s slowing equities market, dashing hopes for one of the largest share …

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Walgreens (WBA) earnings Q2 2024

by Anas Siddiqui
Walgreens (WBA) earnings Q2 2024

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.  Andrew Kelly | Reuters Walgreens on Thursday …

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Altimmune weight loss drug minimized muscle mass loss in trial

by Akin Smith
Altimmune weight loss drug minimized muscle mass loss in trial

Daniel Grill | Tetra Images | Getty Images Altimmune on Wednesday said its experimental drug helped patients shed weight but also minimized the loss of muscle mass in a midstage …

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Novo Nordisk’s Ozempic can be made for less than $5 a month: study

by Anas Siddiqui
Novo Nordisk’s Ozempic can be made for less than  a month: study

A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023.  Lee Smith | Reuters The blockbuster diabetes drug Ozempic could be manufactured …

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Moderna moves three vaccines into final stage trials

by Akin Smith
Moderna moves three vaccines into final stage trials

Nikos Pekiaridis | Lightrocket | Getty Images Moderna has more to offer beyond its Covid vaccine. The biotech company made that clear on Wednesday, announcing positive clinical trial data on …

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FDA approves Merck drug sotatercept for rare, deadly lung condition

by Walter Watson
FDA approves Merck drug sotatercept for rare, deadly lung condition

The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for …

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Moderna says new Covid vaccine showed positive late-stage data

by Akin Smith
Moderna says new Covid vaccine showed positive late-stage data

A nurse fills a syringe with Moderna Covid-19 vaccine. Fred Tanneau | Afp | Getty Images Moderna on Tuesday said a new version of its Covid vaccine triggered a stronger …

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