Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
Pharmaceuticals
Magic Mushrooms. LSD. Ketamine. The Drugs That Power Silicon Valley.
Listen to article(2 minutes)Elon Musk takes ketamine. Sergey Brin sometimes enjoys magic mushrooms. Executives at venture-capital firm Founders Fund, known...
Deadly Fungi Are Becoming More Common And We’re Running Out of Ways to Treat Them
Research suggests fungicides are weakening antifungals before they are up for approval. Source link
No More Shots: Pill Versions of Ozempic-Like Drugs Are Coming
Tablets could appeal to people who want to lose weight but despise needles, which injections like Ozempic require. Source link
Ozempic Maker Sues Spas and Clinics Selling Custom-Made Versions
Novo Nordisk accused the firms of false advertising, trademark infringement and unfair competition. Source link
U.S. Chamber of Commerce Challenges Federal Government’s New Drug-Price Powers
The lawsuit is the second filed this week saying Medicare’s new negotiating authority is unconstitutional. Source link
Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices
The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights. Source link
FDA Allows Imports of China-Made Chemotherapy to Ease U.S. Shortage
HealthIn temporary move, Chinese drugmaker will be able to ship its cisplatin chemotherapy even though it hasn’t been FDA approved...
WSJ News Exclusive | Baby-Formula Makers Face FTC Investigation for Collusion
The agency is investigating whether any formula manufacturers coordinated before bidding for state contracts. Source link
FTC Moves to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
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FDA Approves GSK’s RSV Vaccine for Older Adults
HealthApproval of respiratory syncytial virus vaccine is a first for people 60 years and older, company says Source link
In China, a Detention and a New Espionage Law Have Businesses Worried
Foreign companies are growing more concerned about the safety of their staffs and the reliability of Beijing’s pledges that China...
WSJ News Exclusive | J&J Consumer-Health IPO Process to Kick Off Key Test for Moribund New-Issue Market
The company is poised to begin a roadshow to pitch shares of its consumer-healthcare business, in a test for an...
Moderna, Merck Show Progress Toward Cancer Vaccines
An mRNA shot helped prevent relapse in high-risk melanoma patients. Source link
WSJ News Exclusive | Johnson & Johnson’s Talc Plan Spotlights Chapter 11 Voting Power
Johnson & Johnson’s latest plan to resolve mass cancer lawsuits through bankruptcy could force some cosmetic-talc users and their lawyers...
Pope showing ‘clear improvement’ after antibiotic treatment for bronchitis infection, could leave hospital soon | CNN
Rome CNN — Pope Francis showed a “clear improvement” on Thursday after being given intravenous antibiotics for a bronchitis infection...
Americans to Be Barred From Buying Ozempic in British Columbia
Provincial health officials urged doctors and pharmacists to make sure people are taking the drug to treat diabetes, not lose...
Ex-FDA Official Says Baby-Formula Industry Remains Vulnerable to Problems
PoliticsHealth PolicyPoor internal communication hindered FDA’s response to crisis, former deputy commissioner says Source link
A Supermarket Megamerger Will Redefine What You Buy at the Grocery Store
Kroger and Albertsons want to merge in a $20 billion deal. If antitrust regulators approve, the definition of a grocery...
Drug to Prevent Preterm Births to Be Pulled From Market
BusinessHealth CareHealthCovis Pharma, the maker of Makena, is planning the withdrawal after a study failed to confirm the drug works...
