Health care industry

Business

Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow

The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on

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Politics

$9.7 million of U.S.-funded contraceptives for poor nations to be burned in France: Reuters

Free condoms are seen at a community center operated by LoveYourself, a nonprofit impacted by the Trump administration’s freeze on

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Business

UnitedHealth says it is cooperating with DOJ investigations into Medicare billing practices

UnitedHealth Group revealed Thursday it is facing Department of Justice investigations over its Medicare billing practices, adding to a string

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Earnings

Abbott stock fell victim to an old earnings season truth: It’s all about the guidance

Shares of Abbott Laboratories fell Thursday after the diversified health-care company delivered a solid second quarter but left investors disappointed

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Business

Bristol Myers Squibb, Pfizer to sell blockbuster blood thinner Eliquis at 40% discount

Bristol Myers Squibb and Pfizer on Thursday said they will start selling their blockbuster blood thinner, Eliquis, directly to patients

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Business

Hims & Hers to offer generic semaglutide in Canada as Novo Nordisk patent lapses

Hims & Hers Health announced Wednesday it will offer generic semaglutide in Canada as Novo Nordisk’s patent on its branded

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Business

Moderna’s flu vaccine shows positive late-stage trial results, paving way for combination

The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on

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Business

RFK Jr.’s CDC vaccine panel backs Merck RSV shot for infants

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt |

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Business

FDA outlines stricter Covid vaccine booster approval standards for healthy people

Brandon Guerrero, of Compton, California, is given both a flu and Covid vaccine at CVS in Huntington Park, California, Aug.

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