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Health Care (CNBC)

Senators launch bipartisan probe of private equity's growing role in U.S. health care
“When it comes to our nation’s hospitals, a business model that prioritizes profits over patient care and safety is unacceptable,” said Sen. Chuck Grassley.

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 21 hours 40 minutes ago

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CVS to change how it prices prescription drugs with new pharmacy reimbursement model
CVS's new effort aims to do away with a complex model that typically determines how much pharmacies get reimbursed and how much patients pay for medications. 

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 1 day 16 hours ago

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Free ChatGPT may incorrectly answer drug questions, study says
The study shows that patients and health-care workers should be cautious about relying on OpenAI's viral chatbot for drug information, the lead author said.

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 1 day 16 hours ago

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Eli Lilly weight loss drug Zepbound now available at pharmacies as rival Wegovy faces shortages
Eli Lilly's drug serves as an alternative to rival obesity drugs such as Wegovy that are still facing supply issues. 

  Health Care (CNBC)

 1 day 19 hours ago

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Reproductive startup launches test to identify an embryo's genetic defects before an IVF pregnancy begins
Orchid announces world's first whole genome sequencing report for embryos.

  Health Care (CNBC)

 1 day 23 hours ago

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L.A. poultry firm hired kids as young as 14 to work with sharp knives, Labor Dept. says
Workers allegedly told investigators that minors who worked at the company were hidden in closets and bathrooms when investigators arrived.

  Health Care (CNBC)

 2 days 16 hours ago

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Roche enters obesity market with Carmot takeover but drugs may not be available until 2030
Roche is to acquire anti obesity drug developer Carmot Therapeutics, becoming the latest pharma company to enter the global weight-loss drugs market.

  Health Care (CNBC)

 2 days 20 hours ago

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Pfizer's twice-daily weight loss pill joins a long list of obesity drug flops
Before successful weight loss treatments such as Wegovy and Ozempic, the pharmaceutical path to treating obesity was strewn with failures dating back decades. 

  Health Care (CNBC)

 5 days ago

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Pfizer to discontinue twice-daily weight loss pill due to high rates of adverse side effects
Pfizer said it still plans to release phase two trial data on a once-a-day version of its weight loss drug, known as danuglipron, in the first half of 2024.

  Health Care (CNBC)

 5 days 16 hours ago

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Why Pfizer's latest stumble in the obesity market is a boon for Eli Lilly
Pfizer (PFE) has suffered another setback in its efforts to develop a weight-loss pill — and that's good news for Club holding Eli Lilly (LLY).

  Health Care (CNBC)

 5 days 18 hours ago

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Novo Nordisk sues two pharmacies for allegedly selling tainted Wegovy, Ozempic knockoffs
The lawsuits come as Novo Nordisk grapples with shortages of Wegovy and Ozempic in the U.S. due to skyrocketing demand. 

  Health Care (CNBC)

 6 days 14 hours ago

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Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen for $10 billion
Shares of other biotech companies developing ADCs, which are among the hottest areas in the pharmaceutical industry, jumped on the news of the buyout.

  Health Care (CNBC)

 6 days 16 hours ago

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Nashville's startup scene is booming as health-tech investors and founders flock to the Music City
Here's why health-tech investors and founders are moving to Nashville.

  Health Care (CNBC)

 6 days 17 hours ago

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Citi is so bullish on this biotech stock it gives it 800% potential upside
Citi isn't alone in liking this biotech firm. According to FactSet, analysts covering the stock give it an average price target upside of 385%.

  Health Care (CNBC)

 6 days 17 hours ago

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Jim Cramer blasts the prospect of a Humana-Cigna deal — it could never be approved by regulators
"This is one of the most ill-advised deals I've ever heard," Jim Cramer said, after The Wall Street Journal reported Cigna and Humana were discussing a merger.

  Health Care (CNBC)

 6 days 20 hours ago

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Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them
The one thing that experts, along with vaccine makers, can agree on is that low vaccination rates put people at risk of getting severe Covid infections.

  Health Care (CNBC)

 6 days 21 hours ago

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Cigna, Humana shares fall after report health-care giants are in talks to merge
Cigna and Humana are discussing a stock-and-cash deal that could be finalized by the end of this year, according to the report from the Wall Street Journal.

  Health Care (CNBC)

 1 week ago

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Mounjaro is more effective than Ozempic for weight loss in overweight and obese adults, real-world study says
Patients on Eli Lilly's Mounjaro were more likely to lose weight and experienced larger reductions in body weight compared to those on Novo Nordisk's Ozempic.

  Health Care (CNBC)

 1 week 1 day ago

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Jim Cramer knocks down a new analyst sell rating on a medtech stock as shortsighted
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

  Health Care (CNBC)

 1 week 2 days ago

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Here's how the American Red Cross makes money from donated blood
In 2022, the American Red Cross made $1.8 billion selling blood to hospitals and medical facilities across the country.

  Health Care (CNBC)

 1 week 4 days ago

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