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Pharmaceuticals

Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

by Akin Smith
Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

Eli Lilly ‘s raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. The numbers leave little doubt that the long-term Eli Lilly …

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FTC challenges patents held by drugmakers, including for Ozempic

by Akin Smith
FTC challenges patents held by drugmakers, including for Ozempic

A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023.  Lee Smith | Reuters The Federal Trade Commission on Tuesday said it …

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London Drugs stores remain closed after ‘cybersecurity incident’

by Anas Siddiqui
London Drugs stores remain closed after ‘cybersecurity incident’

All London Drugs stores remained closed across Western Canada on Tuesday morning, two days after the B.C.-based company announced it was dealing with a “cybersecurity incident.” A statement issued by the …

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Walmart to shutter health centers, virtual care service

by Akin Smith
Walmart to shutter health centers, virtual care service

Walmart on Tuesday said it will close all of its health-care clinics across the country, a stunning reversal of its plans to bring its low-priced reputation to the dentist and …

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Eli Lilly (LLY) earnings Q1 2024

by Walter Watson
Eli Lilly (LLY) earnings Q1 2024

Eli Lilly logo is shown on one of the company’s offices in San Diego, California, U.S., September 17, 2020.  Mike Blake | Reuters Eli Lilly on Tuesday reported first-quarter adjusted …

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J&J, Bristol Myers Squibb lose Medicare drug-price talks challenges

by Anas Siddiqui
J&J, Bristol Myers Squibb lose Medicare drug-price talks challenges

Jonathan Raa | Nurphoto | Getty Images A federal judge in New Jersey on Monday rejected Johnson & Johnson‘s and Bristol Myers Squibb‘s legal challenges to the Biden administration’s Medicare …

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California is joining with a New Jersey company to buy a generic opioid overdose reversal drug

by Akin Smith
California is joining with a New Jersey company to buy a generic opioid overdose reversal drug

By ADAM BEAM | Associated Press SACRAMENTO — California is partnering with a New Jersey-based pharmaceutical company to purchase a generic version of Narcan, the drug that can save someone’s …

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CVS Omnicare pharmacy in Vegas is first to join new pharmacy union

by Anas Siddiqui
CVS Omnicare pharmacy in Vegas is first to join new pharmacy union

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on February 7, 2024. Patrick T. Fallon | AFP | Getty …

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FDA approves Pfizer gene therapy Beqvez for treatment of hemophilia B

by Anas Siddiqui
FDA approves Pfizer gene therapy Beqvez for treatment of hemophilia B

Pavlo Gonchar | Lightrocket | Getty Images The Food and Drug Administration on Friday approved Pfizer‘s treatment for a rare genetic bleeding disorder, making it the company’s first-ever gene therapy …

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Bristol Myers Squibb (BMY) earnings Q1 2024

by Akin Smith
Bristol Myers Squibb (BMY) earnings Q1 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday …

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