Major Bayer shareholder Harris backs CEO’s focus on internal restructuring 

Business & FinanceHealth 07 March 2024, 1:56 pm 1 minute Reuters exclusively reported that major Bayer shareholder Harris Associates came out in strong support of the drugmaker’s decision to suspend work on breaking up the diversified group, giving some breathing room to its embattled CEO.  Market Impact The news caused Bayer’s shares to significantly narrow…

Novo Nordisk says experimental drug amycretin show 13% weight loss in trial 

Business & FinanceHealth 07 March 2024, 2:04 pm 1 minute Reuters was first to report on the early trial data for Novo Nordisk’s highly anticipated experimental drug amycretin which showed that participants had a weight loss of 13.1% after 12 weeks, prompting the company’s shares to rise to record highs and placing it above Tesla…

Opioid overdose deaths drop for 12th straight month, now lowest since 2020

Opioid overdose deaths have now slowed to the lowest levels nationwide since 2020, according to new estimates from the Centers for Disease Control and Prevention. This marks the 12th straight month of decline since a peak last year.  Around 70,655 deaths linked to opioids like heroin and fentanyl were reported for the year ending June…

US FDA approves first drug for fatty liver disease NASH

Health 14 March 2024, 2:54 pm 1 minute Reuters was first to report on the FDA approving Madrigal Pharmaceuticals’ drug Rezdiffra, an oral drug to treat a fatty liver disease known as non-alcoholic steatohepatitis (NASH). The approval was the first of its kind.  Market Impact The company’s shares surged 24% in extended trading. Article Tags…

CVS explores options including potential break-up 

Business & FinanceHealth 01 October 2024, 6:03 pm 1 minute Reuters exclusively reported that CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as the struggling healthcare services company looks to turn around its fortunes amid pressure from investors. Market Impact CVS has been…

Threat of foodborne pathogens is growing with climate change, experts warn

Climate change has ramifications for food safety, experts warn Climate change has ramifications for food safety, experts warn 02:35 CHICAGO (CBS) — Warmer temperatures are impacting the food supply and its safety, experts warned amid an outbreak of E. coli that has struck McDonald’s Quarter Pounders. Experts said pathogens—the bacteria that can make us sick—are…

Many more seniors are getting COVID shots this year, CDC reports

Nearly 4 in 10 seniors have gotten a COVID-19 vaccine so far this year, new survey data published by the Centers for Disease Control and Prevention suggests, marking a steep increase in vaccination rates compared with the same time last year.  The data from the CDC’s National Immunization Survey estimates that 37.6% of Americans ages…

McDonald’s deadly E. coli outbreak has now sickened more than 100 people

A deadly E. coli outbreak linked to slivered onions on McDonald’s Quarter Pounder burgers has sickened 104 people in 14 states, federal health officials said in an update on Wednesday.  At least 34 people have been hospitalized, and four developed hemolytic uremic syndrome (HUS), a serious condition that can cause kidney failure. An 88-year-old man…

23andMe customer? Here’s what to know about the privacy of your genetic data.

23andMe, the struggling ancestry tracing company, continues to spiral, raising questions about its business prospects and what could happen to its sensitive customer genetic testing data. 23andMe on Tuesday announced it is slashing 40% of its workforce as part of a restructuring plan. The move comes after its entire board resigned in September. Its stock…

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