Health, Fitness & Food

An Eli Lilly diabetes treatment landed on the Biden administration’s list of prescription drugs that Medicare will target for price cuts — a move that may hit sales but doesn’t change our investment thesis on the pharma stock. Lilly’s Jardiance is among the first 10 prescription drugs subject a new, contentious negotiation process between Medicare
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James Romano trims flower while working in the CommCan processing facility in Medway, Massachusetts, Oct. 27, 2021. Erin Clark | Boston Globe | Getty Images The U.S. Department of Health and Human Services has recommended reclassifying marijuana as a lower-risk drug, which would in turn ease restrictions on the budding business, a spokesperson for the
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Reuters A street gang in Milwaukee, Wisc., allegedly stole millions of dollars in pandemic relief money that was then used to carry out a murder and purchase guns and drugs, among other items, according to a federal indictment. The 43-count indictment charges 30 members of the “Wild 100s,” also known as the “Shark Gang,” with
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Kubra Cavus | Istock | Getty Images The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans.  President Joe Biden’s Inflation Reduction Act, which passed in a
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street saw some volatility Friday around Federal Reserve Chairman Jerome Powell’s morning speech from the central bank conference in Jackson Hole, Wyoming. Powell said inflation is still “too
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Ten milligram tablets of the hyperactivity drug, Adderall, made by Shire Plc. Jb Reed | Bloomberg | Getty Images It’s been 10 months since the Food and Drug Administration first announced a nationwide shortage of Adderall — one of the most widely used medications for attention deficit hyperactivity disorder — and the supply strain could
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Our portfolio experienced a flurry of adjustments in a week dominated by Nvidia’s (NVDA) quarterly results Wednesday evening and Federal Reserve Chairman Jerome Powell’s Jackson Hole address Friday. Here’s a day-by-day look at the trades and price-target changes, and what motivated each decision. Monday Monday proved to be a harbinger for the rest of the
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A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters The Centers for Disease Control and Prevention expects updated Covid vaccines from Pfizer, Moderna and Novavax to be available to the public in mid-September, an agency official told reporters Thursday.  That amounts to the
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Fisherman Haruo Ono’s fishing boats are pictured at Tsurushihama Fishing Port, Shinchi-machi of Fukushima Prefecture, some 60 kms north of the wrecked Fukushima Daiichi nuclear plant on August 21, 2023. Philip Fong | Afp | Getty Images Japan is expected to start releasing a huge amount of treated radioactive water from the tsunami-hit Fukushima nuclear
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In this article GLENMARK-IN TEVA TEVA-IL Follow your favorite stocksCREATE FREE ACCOUNT Boxes of tablets produced by Teva Pharmaceutical Industries. Chris Ratcliffe | Bloomberg | Getty Images Drugmaker Teva Pharmaceuticals agreed to pay $225 million in criminal fines over five years and divest its version of a generic cholesterol drug to resolve charges related to
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