Carl Icahn sues Illumina board for violating 'fiduciary duties'
(Reuters) -Activist-investor Carl Icahn sued the board of directors at genetic testing company Illumina and accused them of breaching their
2023-10-18 23:45
J&J lifts profit outlook on strong demand for top-seller Stelara
(Reuters) -Johnson & Johnson on Tuesday raised its 2023 profit forecast, helped by resilient demand for its blockbuster anti-inflammatory drug
2023-10-17 19:23
Drug retailer Rite Aid files for bankruptcy, gets $3.45 billion commitment
Rite Aid filed for Chapter 11 bankruptcy on Sunday, a move that would halt lawsuits the drugstore chain
2023-10-16 12:58
UnitedHealth beats quarterly profit estimates on easing medical costs
UnitedHealth reported a third-quarter profit on Friday that beat analysts' estimates, helped by lower-than-expected medical costs for the
2023-10-13 18:53
Walgreens maps out $1 billion in cost cuts as profit forecast underwhelms
(Reuters) -Walgreens Boots Alliance said on Thursday that it expected to cut at least $1 billion in costs in 2024
2023-10-12 23:19
Drugmaker GSK settles another California lawsuit on heartburn drug Zantac
(Reuters) -GSK on Wednesday said it would confidentially settle another lawsuit in California alleging its discontinued heartburn drug Zantac caused
2023-10-11 15:53
Bristol-Myers Squibb to acquire Mirati in $4.8 billion deal
(Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mirati Therapeutics for $58 per share in cash, representing
2023-10-09 06:53
Explainer-Why are Kaiser Permanente healthcare workers on strike?
By Leroy Leo and Bhanvi Satija About 75,000 medical workers from Kaiser Permanente facilities went on a planned
2023-10-06 05:18
Healthcare workers launch three-day strike at Kaiser Permanente locales around the US
By Ahmed Aboulenein (Reuters) -Tens of thousands of nurses and other healthcare workers launched a planned three-day strike at Kaiser
2023-10-04 22:29
Aid agency urges Johnson & Johnson to improve access to tuberculosis drug
GENEVA (Reuters) -Global health aid agency Unitaid has written to Johnson & Johnson's CEO, Joaquin Duato, urging "immediate action" to
2023-09-30 08:18
Consulting firm McKinsey to pay $230 million in latest US opioid settlements
By Nate Raymond (Reuters) -Consulting firm McKinsey & Co has agreed to pay $230 million to resolve lawsuits by hundreds
2023-09-27 09:51
US judge overturns Eli Lilly's $176.5 million loss in Teva patent case
By Blake Brittain Drugmaker Eli Lilly convinced a federal judge in Massachusetts on Tuesday to overturn a $176.5
2023-09-27 05:24