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Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal
Finances

Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal

Mubadala-backed M42 would buy the operator of 440 dialysis clinics from buyout firm Bridgepoint. Source link

Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
Business

Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook

First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link

Demand for Obesity Drugs Has Insurers Paying Close Attention
Finances

Demand for Obesity Drugs Has Insurers Paying Close Attention

Markets Heard on the Street Strong sales of obesity-diabetes drugs known as GLP-1s could affect insurance companies’ financial results Source link

Moderna, Merck Show Progress Toward Cancer Vaccines
Business

Moderna, Merck Show Progress Toward Cancer Vaccines

An mRNA shot helped prevent relapse in high-risk melanoma patients. Source link

WeightWatchers Gets a Makeover With Obesity-Drug Business
Finances

WeightWatchers Gets a Makeover With Obesity-Drug Business

Markets Heard on the Street The decision to get into the business for drugs such as Ozempic makes sense Source link

Merck in Late-Stage Talks to Acquire Prometheus Biosciences
Finances

Merck in Late-Stage Talks to Acquire Prometheus Biosciences

Merck & Co. is in late-stage talks to acquire Prometheus Biosciences Inc., according to people familiar with the matter, a move that could give the

UnitedHealth First-Quarter Earnings, Revenue Up as Company Added Members
Business

UnitedHealth First-Quarter Earnings, Revenue Up as Company Added Members

Business Earnings Company sees moderate health spending, but higher costs for drugs such as Ozempic Source link

Theranos Founder Elizabeth Holmes’s Bid to Stay Out of Prison Is Denied
Business

Theranos Founder Elizabeth Holmes’s Bid to Stay Out of Prison Is Denied

Tech Judge who oversaw Holmes’s criminal-fraud trial says she still has to report to federal prison on April 27 Source link

Albertsons Earnings Shrink Amid Difficult Consumer Environment
Business

Albertsons Earnings Shrink Amid Difficult Consumer Environment

Business Earnings Supermarket chain braces for significant labor investments, inflation cost increases Source link

Former Outcome Health Executives Found Guilty of Fraud
Business

Former Outcome Health Executives Found Guilty of Fraud

Business Health Care Health Verdict caps fall of startup’s executive team led by Rishi Shah, who could face years in prison Source link