Moderna’s Earnings, Revenue Fall on Fewer Covid Vaccine Sales
Demand for its Covid-19 vaccine sank from year-earlier highs when the spread of the Omicron variant boosted sales. Source link
Pharmaceuticals
China’s Newest Weapon to Nab Western Technology—Its Courts
The growing conflict between China and the U.S. extends from computer-chip factories to a suspected spy balloon over American skies....
Abbott Baby-Formula Business Is Under Investigation By SEC, FTC
BusinessInquiries from agencies come amid criminal investigation by Justice Department into company’s formula manufacturing Source link
Blinken under pressure to push China on role in lethal fentanyl trade when he visits Beijing | CNN Politics
CNN — Members of Congress are urging Secretary of State Antony Blinken to pressure China to do more to curb...
Eye Drops Linked to Infections and One Death, CDC Says
HealthEzriCare nonprescription drops may have contained drug-resistant bacteria Source link
J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court
A federal appeals court in Philadelphia rejected Johnson & Johnson ‘s use of chapter 11 bankruptcy to freeze roughly 40,000...
U.S. Appeals Court Sides With Drugmakers on Discount Program
BusinessHealth CareHealthDrugmakers can limit shipments to hospitals and clinics of drugs discounted under federal program, court rules in loss for...
Amazon Launches $5-a-Month Prescription Drug Plan in Further Healthcare Push
The new Prime membership benefit, dubbed RxPass, will offer unlimited access to commonly prescribed generic medications. Source link
Moderna Reports RSV Vaccine Cuts Risk of Respiratory Diseases in Older Adults
The company said it would apply in coming months for U.S. regulatory approval. Source link
New Alzheimer’s Drug Leqembi Will Be Out of Reach for Most Patients
HealthMedicare won’t pay for medicine under rule issued to restrict use of earlier drug whose approval generated controversy Source link
WSJ News Exclusive | DEA Pressed ADHD-Drug Makers About Impact of Telehealth Firms on Surging Demand
The Drug Enforcement Administration told makers of medication for attention-deficit hyperactivity disorder that it was concerned that “aggressive marketing practices”...
Indian maker of cough syrup linked to Uzbekistan deaths halts production | CNN Business
New Delhi CNN — The Indian maker of a cough syrup linked to at least 18 deaths in Uzbekistan has...
Why Many Cold Medicines Don’t Work to Relieve Congestion
HealthDoctors, pharmacists ask the FDA to stop the sale of versions of Benadryl, Mucinex, Theraflu and Tylenol after studies find...
Amgen Agrees to Deal to Buy Horizon Therapeutics
BusinessThe U.S. biotechnology company will pay $116.50 for each Horizon share Source link
As China moves away from zero-Covid, health experts warn of dark days ahead | CNN
Editor’s Note: Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring...
Why You Can’t Find Wegovy, the Weight-Loss Drug
BusinessHealth CareHealthNovo Nordisk underestimated demand for drug that went viral on TikTok and YouTube Source link
Twitter Stops Giving Out Blue Check Marks After Impersonators Take to the Platform
Updated Nov. 11, 2022 9:34 pm ETListen to article(2 minutes)Twitter Inc. appears to have stopped offering its paid subscription service...
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Merck Is Coming for Pfizer’s Pneumonia Vaccine Market Share
HealthRivals’ interest in the $7 billion market shows the drug industry’s renewed focus on vaccines Source link
