FDA Rejects Short Sellers’ Request to Halt Trials of Alzheimer’s Drug
The Food and Drug Administration has denied a petition by short sellers to halt clinical trials of an experimental Alzheimer’s...
healthcare
Pfizer Forecasts $54 Billion in 2022 Sales From Its Covid-19 Vaccine, Treatment
As Pfizer Inc. PFE -2.84% forecasts strong sales this year for its Covid-19 vaccine and treatment, the drugmaker is on...
White House Sees Hearing Aids as Chance to Lower Prices Through More Competition
Getting a pair of hearing aids can cost up to $5,000. The White House says they should be as little...
What CEOs Are Saying About Inflation: ‘The World Has Changed’
This is what some of the world’s corporate leaders said on their quarterly earnings calls this week about what they...
Biogen to Sell Biosimilar-Venture Stake to Partner Samsung Biologics
Biogen Inc. is selling its share in biosimilar joint venture Samsung Bioepis for at least $2.25 billion to partner Samsung...
Abbott’s Rapid Covid-19 Tests Boost Quarterly Sales Growth
Abbott Laboratories, ABT -2.53% one of America’s largest producers of rapid tests for Covid-19, said that testing-related sales were $2.3...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
Unilever Walks Away From Glaxo Consumer-Healthcare Deal
Unilever UL 7.73% PLC said it wouldn’t increase its $68 billion offer for GlaxoSmithKline GSK -2.41% PLC’s consumer-healthcare business, effectively...
Citigroup Sticks With Its Covid-19 Vaccine Mandate, While GE Drops Its Rules
Citigroup Inc. C -1.25% is sticking with its Covid-19 vaccine mandate for its U.S. workers. General Electric Co. GE 0.68%...
Unilever Makes Approach for Glaxo’s Consumer-Healthcare Business
LONDON— Unilever UL 1.14% PLC said it had approached GlaxoSmithKline GSK 0.91% PLC and Pfizer Inc. PFE -1.06% about an...
Medicare to Pay for Biogen’s New Alzheimer’s Drug in Clinical-Trial Patients
Medicare officials said they would cover Biogen Inc.’s BIIB 2.64% controversial Alzheimer’s disease drug Aduhelm on the condition that patients...
When You’re Burned Out at Your Job, But It’s Also Your Calling
Erine Cressell worked as a hospital nurse for 15 years, with dreams of finishing an advanced degree and treating patients...
How Reliable Are Covid-19 Rapid Tests for Detecting Omicron?
The fast-spreading Omicron variant has made us increasingly reliant on at-home rapid antigen tests to tell us whether we have...
McKinsey’s Top Executive Wants to Change How the Firm Operates
Bob Sternfels took over as McKinsey & Co.’s global managing partner in July at a difficult moment for the consulting...
Purdue Pharma Authorized to Appeal Judge’s Rejection of Sackler Settlement Plan
A federal judge authorized Purdue Pharma LP and its Sackler family owners to appeal a ruling that threw out their...
Jury in Elizabeth Holmes Trial Seized on Two ‘Smoking Guns’ to Convict Theranos Founder, Juror Says
SAN JOSE, Calif.—In their second week of deliberations, jurors in the trial of Elizabeth Holmes seized on what one juror...
CDC Recommends First Covid-19 Boosters for 12- to 15-Year-Olds
The Centers for Disease Control and Prevention recommended Covid-19 boosters for 12- to 15-year-olds, making the doses available to the...
Walmart, Kroger Raise Prices of Covid-19 Test Kits
Prices are going up for some of the cheapest and most popular at-home Covid-19 test kits in the U.S. Walmart...
The Elizabeth Holmes Verdict: Theranos Founder Is Guilty on Four of 11 Charges in Fraud Trial
SAN JOSE, Calif.— A federal jury convicted Elizabeth Holmes, the startup founder who claimed to revolutionize blood testing, on four...
New Covid-19 Pills Carry Risks: What Patients Should Know
The first Covid-19 antiviral pills that can be taken at home are a new treatment option for infected people, but...
