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Could Scientist Find Drug to Treat His Own Disease?
Business

Could Scientist Find Drug to Treat His Own Disease?

How a researcher’s 12-year journey to a new Bristol-Myers psoriasis medicine became personal: “You have hopes and daydreams almost in some ways.” Source link

Weight-Loss Drug Wegovy Cuts Heart Risk in New Study
Business

Weight-Loss Drug Wegovy Cuts Heart Risk in New Study

Novo Nordisk’s anti-obesity drug reduced people’s risk of suffering heart attacks, strokes and cardiovascular deaths by 20%. Source link

Drug Shortages Are a Boon to One Industry: Compounding Pharmacies
Business

Drug Shortages Are a Boon to One Industry: Compounding Pharmacies

Hospitals increasingly rely on a sector that can start making drugs without FDA approval—and investment is pouring in. Source link

Pfizer’s Covid Boost Crashes to Earth
Business

Pfizer’s Covid Boost Crashes to Earth

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First Pill for Postpartum Depression Is Approved by FDA
Business

First Pill for Postpartum Depression Is Approved by FDA

The pill, to be taken daily for at least two weeks, significantly reduced postpartum depression among new mothers in a recent trial. Source link

Employers Cut Off Access to Weight-Loss Drugs for Workers
Business

Employers Cut Off Access to Weight-Loss Drugs for Workers

Costs are mounting for popular drugs such as Wegovy, a cousin of Ozempic, and healthcare plans are restricting coverage to save money. Source link

Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease
Business

Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease

Venture capitalist Luke Evnin has financed several successful biotechnology startups that develop treatments for cancer. Now he is encouraging drugmakers to tackle another disease: a rare autoimmune condition that

Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall
Business

Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall

The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said. Source link

CVS to Shed 5,000 Jobs in Cost-Cutting Push
Business

CVS to Shed 5,000 Jobs in Cost-Cutting Push

The healthcare giant wants to trim corporate roles and spending on travel and its use of consultants. Source link

Apple, Amazon, Starbucks to Report in Packed Earnings Week
Business

Apple, Amazon, Starbucks to Report in Packed Earnings Week

Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest