Tag: Health Care

Grail Stock Plunges 50% After Earnings. But It’s These Test Results That Are to Blame.

Grail (GRAL) stock plunged around 50% in after-hours trading Thursday after the biotech company’s cancer trial results disappointed investors.

Labcorp beats Q4 earnings estimates, revenue falls short

On Tuesday, Labcorp Holdings Inc. (LH) reported fourth-quarter adjusted earnings that exceeded analyst expectations, while revenue came in slightly below estimates as the diagnostic testing giant wrapped up its fiscal year 2025.

CVS tops quarterly estimates, reaffirms profit outlook as turnaround plan takes effect

CVS Health on Tuesday reported fourth-quarter earnings and revenue that beat estimates and reaffirmed the 2026 profit guidance that impressed investors, signaling steady progress in the health-care giant’s turnaround plan.

Health insurers tumble after Trump administration proposes keeping Medicare Advantage rates flat next year

Shares of several big-name health care companies plunged after the Trump administration proposed nearly flat rates for Medicare Advantage insurers.

Προχωρημένες επαφές της Τράπεζας Πειραιώς για την εξαγορά της Βιοϊατρικής

Την αλλαγή του μοντέλου λειτουργίας της αγοράς υγείας όπου οι ασφαλιστικές εταιρείες περιορίζονται να λειτουργούν ως παθητικοί μεσάζοντες στις σχέσεις τους με τα νοσοκομεία, επιδιώκει η κίνηση της Τράπεζας Πειραιώς για την εξαγορά της Βιοϊατρικής.

Neogen stock soars 20% as earnings beat drives investor optimism

On Thursday, Neogen Corporation (NEOG) reported second-quarter earnings that significantly exceeded analyst expectations, despite a slight year-over-year revenue decline.

Merck bets on flu prevention with $9.2 billion deal for Cidara Therapeutics

Merck will acquire Cidara Therapeutics in a nearly $9.2 billion deal, gaining access to an experimental drug for flu prevention in its effort to diversify ahead of patent loss for its blockbuster cancer drug Keytruda.

Trump slaps new US tariffs on drugs, trucks and furniture

U.S. President Donald Trump on Thursday unveiled sweeping new import tariffs, including 100% duties on branded drugs and 25% levies on heavy-duty trucks, set to come into force next week.

Centene Stock Plummets. The Health Insurer’s Results Were Even Worse Than Feared.

Centene stock was tumbling on Friday after ballooning medical costs led to the health insurer reporting a surprise quarterly loss.

Centene Stock Plummets 27%. What Sparked the Brutal Selloff.

Centene Corp. stock was plunging in premarket trading on Wednesday after the health insurance marketplace provider pulled its 2025 guidance, the latest bit of bad news for a sector that’s been battered by ballooning medical costs.

3M’s Healthcare Spinoff Stock Is Trading. This Is What It’s Worth.

Shares of Solventum are trading. The initial price is $80.

Novo Nordisk stops Ozempic kidney trial after early signs of success

Oct 10 (Reuters) – Novo Nordisk (NOVOb.CO) said on Tuesday it will stop a trial studying Ozempic to treat kidney failure in diabetes patients ahead of schedule because it was clear from an interim analysis that the treatment would succeed.

Πωλητήριο σε κλινικές-διαγνωστικά ετοιμάζει η CVC

Το ενδεχόμενο να δοκιμάσει την πώληση του εν Ελλάδι (μαζί με Κύπρο;) ομίλου κλινικών και διαγνωστικών κέντρων που έχει δημιουργήσει εξετάζει, σύμφωνα με πληροφορίες από τον χρηματοπιστωτικό κλάδο, η CVC Capital Partners.

Novavax posts unexpected Q2 profit on earlier COVID revenue

Novavax on Tuesday posted an unexpected second-quarter profit on earlier-than-expected revenue from its COVID-19 vaccine, but still trimmed its full-year forecast for sales of the shot.

CVS Health Stock Rises on Earnings and Revenue Beat

CVS Health CVS –0.99% on Wednesday reported second-quarter earnings that beat analysts’ expectations.

Pfizer beats on earnings, but revenue misses as Covid product sales plummet

Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that came under estimates due to a steep drop in Covid product sales.

CVS to cut about 5,000 corporate jobs: report

CVS Health Corp. will slash about 5,000 jobs in a cost-cutting move, the Wall Street Journal reported Monday night. According to the report, the layoffs are primarily in corporate positions, and the company doesn’t expect customer-facing positions in its stores, clinics and pharmacies to be affected.

Aspartame sweetener used in Diet Coke a possible carcinogen, WHO’s cancer research agency to say – sources

One of the world’s most common artificial sweeteners is set to be declared a possible carcinogen next month by a leading global health body, according to two sources with knowledge of the process, pitting it against the food industry and regulators.

UnitedHealth and Humana Stocks Fall as Seniors Catch Up on Surgeries, Leading to Higher Costs

Shares of UnitedHealth Group and other insurance providers tumbled Wednesday after the company said that seniors have been catching up on procedures delayed during the pandemic, leading to rising costs for insurers.

Novavax Plans to Cut 25% of Staff. Here’s Why the Stock Is Soaring.

Novavax said Tuesday that it would cut around a quarter of its workforce as it reported a steeper fall in revenue than expected for the first quarter of the year. Shares surged as investors bet the move could save enough money to to allow the Covid-19 vaccine manufacturer to bring new shots to the market.