Health care industry

Business

FDA approves leucovorin as first drug for rare genetic disorder, after touting it as autism

The Food and Drug Administration on Tuesday approved a decades-old prescription vitamin called leucovorin as the first treatment for a

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Business

Inside the booming business of wellness third spaces and membership clubs

A few years ago, Grace Guo began to crave places in New York City where hanging out with friends didn’t

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Business

FDA vaccine head will step down in April after string of controversial decisions

The logo for the Food and Drug Administration is seen ahead of a news conference at the Health and Human

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Business

FDA reversals leave investors worrying about the fates of other experimental drugs

Investors are concerned about the fates of multiple experimental drugs for hard-to-treat diseases following a string of recent rejections from

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Business

Novo Nordisk to slash GLP-1 list prices by up to 50% in U.S. to cut costs for insured

The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4,

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Business

Eli Lilly launches new form of obesity drug Zepbound with a month’s worth of doses in one

An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York on March 28, 2024.

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Business

FDA chief warns U.S. is losing ground to China in early drug development, calls for faster

Food and Drug Administration Commissioner Marty Makary warned that the U.S. is falling behind China in early-stage drug development and

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Business

FDA chief Marty Makary says ‘everything should be over the counter’ unless drug is unsafe or

Food and Drug Administration Commissioner Marty Makary told CNBC that he believes “everything should be over the counter” unless a

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Business

Moderna says FDA refuses to review its application for experimental flu shot

The Food and Drug Administration has refused to start a review of Moderna’s application for its experimental flu shot, the

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Earnings

CVS tops quarterly estimates, reaffirms profit outlook as turnaround plan takes effect

A pedestrian walks by a CVS store in Greenbrae, California, on July 31, 2025. Justin Sullivan | Getty Images CVS

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