Tag: Health Care

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.