By Ludwig Burger, Patricia Weiss and Ozan Ergenay FRANKFURT, Aug 6 (Reuters) – Germany’s Merck KGaA raised its 2026 core profit guidance and beat quarterly expectations on Thursday, helped by continued strong demand for semiconductor materials and drug production supplies. The diversified family-con
Aug 5 (Reuters) – The U.S. Food and Drug Administration has approved Moderna’s flu vaccine for people aged 50 and older, the company said on Wednesday, marking the first approval of a messenger RNA-based vaccine for seasonal flu. The shot, mFlusiva, was given a traditional approval for adults aged
Aug 5 (Reuters) – Solventum, one of the largest providers of hospital consumables and sterilization devices, said on Wednesday it is planning to separate its health information systems business as part of its ongoing turnaround strategy. The company also raised its full-year forecast for organic sal
Aug 5 (Reuters) – The U.S. Food and Drug Administration approved Takeda Pharmaceuticals’ oral drug for narcolepsy, the health regulator said on Wednesday, backing the first treatment that targets all the symptoms of the rare sleep disorder. Here are more details: • Narcolepsy type 1 is a rare sleep
Aug 5 (Reuters) – Drug distributor McKesson on Wednesday raised its annual profit forecast after beating first-quarter earnings estimates, on strength in its oncology and specialty drug businesses. The company now expects fiscal 2027 adjusted profit to be in the range of $44.20 to $45 per share, fro
Aug 5 (Reuters) – Life insurer MetLife posted a jump in second-quarter adjusted profit on Wednesday, powered by strong underwriting and broad volume growth, with standout results in Asia and Latin America. The industry has continued to benefit from resilient demand, robust sales growth and disciplin
Months before Lindsay Clancy strangled her three children, she lost significant weight, couldn’t sleep and complained of postpregnancy mental health issues, the family’s former nanny testified at her murder trial Wednesday. But the nanny never worried the Massachusetts mother might be a danger to he
Getting Those Steps In: When Your Daily Commute Could Double as a Workout A route option inspired by Bar-Ilan University research aims to help public transportation users increase daily activity without adding time to their commute By Keren Setton / The Media Line For commuters trying to fit more mo
By Clement Bonnerot and Jessica Donati DAKAR, Aug 5 (Reuters) – The Ebola epidemic in Democratic Republic of Congo is on track to surpass 4,000 cases this week and has been described as the fastest spreading on record since it was officially declared in May. It is already the world’s second-largest
By Aaron Ross Aug 5 (Reuters) – The U.S. State Department on Wednesday nearly doubled its financial commitment to the Ebola response in eastern Democratic Republic of Congo, announcing plans to provide an additional $242 million to combat the second-largest outbreak of the disease in history. State
Aug 5 (Reuters) – Indian drugmaker Aurobindo Pharma reported a 25.2% rise in quarterly profit on Wednesday, driven by steady domestic demand, especially for its anti-retroviral drugs used to treat HIV infections. Here are more details: • Consolidated net profit after tax rose to 10.33 billion rupees
STOCKHOLM, Aug 5 (Reuters) – Novo Nordisk said on Wednesday it had won a preliminary injunction against Ceban Ziekenhuisfarmacie from a district court in the Netherlands in a patent infringement case involving a compounded semaglutide nasal spray. Semaglutide is the active ingredient in Novo Nordisk
WASHINGTON (AP) — This week, a Republican-led committee will vote on whether to hold Dr. Anthony Fauci in contempt after the longtime federal health official invoked his constitutional right against self-incrimination before Congress. The dispute is not just about one man’s testimony—it is about whe
Aug 5 (Reuters) – Indian biopharmaceutical company Biocon reported a more than fourfold jump in first-quarter net profit on Wednesday on strong revenue growth from its biosimilars segment. • Consolidated net profit climbed to 1.41 billion rupees ($14.72 million) in the three months ended June 30. •
NEW YORK (AP) — Matt Walker couldn’t pet a dog without sneezing — until he and other scientists used a gene editing technique to produce a hypoallergenic beagle named Bailey. Now, he can feed Bailey spoons of peanut butter while she lies on his lap and play fetch with her in Central Park. His allerg
WASHINGTON (AP) — Dr. Anthony Fauci’s decision to invoke the Fifth Amendment before Congress will be put to the test this week as a Republican-led committee prepares to vote to hold him in contempt and refer the matter to the Justice Department. A contempt finding could open the door to an investiga
By Kunal Das Aug 5 (Reuters) – Insulet lowered its annual sales growth forecast on Wednesday, pointing to a softer second half of 2026 particularly for U.S. sales of its Omnipod insulin pumps, sending shares of the company down nearly 21%. • CEO Ashley McEvoy in a call with analysts said Insulet saw
Aug 5 (Reuters) – Charles River Laboratories raised its annual profit forecast on Wednesday after the contract drug developer beat quarterly profit and revenue estimates on stronger demand for its drug discovery and development services from biotechs. Shares of the company were up more than 8% at $2
Aug 5 (Reuters) – U.S. drug distributor Cencora raised its annual adjusted profit forecast on Wednesday after quarterly results beat Wall Street expectations, driven by strong demand for specialty medicines. Here are the details: • The company has been sharpening its focus on drug distribution, offl
By Nancy Lapid Aug 5 (Reuters) – We also report on another promising experimental non-opioid pain drug for use following surgery. AI HELPS FIND UNTAPPED HEALTH PREDICTORS IN SLEEP STUDIES Analyzing routine sleep study data with artificial intelligence reveals a wealth of biomarkers predictive of a m
By Mrinalika Roy and Mariam Sunny Aug 5 (Reuters) – Eli Lilly and Co posted better-than-expected quarterly results and raised its full-year revenue forecast on Wednesday, banking on sustained demand for its blockbuster GLP-1 weight-loss and diabetes drugs, sending its shares up 5% in premarket tradi
By Amina Niasse NEW YORK, Aug 5 (Reuters) – CVS Health on Wednesday raised its annual profit forecast to reflect a better-than-expected second quarter marked by a more profitable mix of drugs in its pharmacy business and bonus payments for its highly rated government health plans. Shares of the comp
KINSHASA, Congo (AP) — The head of the World Health Organization arrived in Congo was in Congo on Wednesday as aid workers said the world’s fastest-growing Ebola outbreak is spreading at an “alarming” rate and some health workers are striking over lack of pay. WHO Director-General Tedros Adhanom Ghe
KATHMANDU, Nepal (AP) — A provincial government in Nepal has legalized farming and use of marijuana for medical use despite a national ban. The bill went into effect Monday after it was endorsed by the chief of Gandaki province and allows the farming and medical use of cannabis, said Prabin Poudyal,
By Stine Jacobsen and Maggie Fick COPENHAGEN, Aug 5 (Reuters) – Novo Nordisk CEO Mike Doustdar sought to reassure investors on Wednesday that the drugmaker can rebuild its pipeline, pledging faster research and bolt-on acquisitions after an upgraded 2026 outlook failed to lift sentiment. The Danish
By Marleen Kaesebier ZURICH, Aug 5 (Reuters) – Swiss generic drug maker Sandoz reported a 9% jump in second-quarter net sales on Wednesday, driven by strong growth in biosimilars as patents expire for popular medicines, boosting the shares. Net sales amounted to $3.01 billion, compared with the $2.9
Aug 5 (Reuters) – Manipal Health Enterprises rose sharply in its market debut on Wednesday, valuing India’s largest multispecialty hospital network at about $9.03 billion. The shares rose as much as 10.7% to 653.10 rupees on the National Stock Exchange of India, compared with the issue price of 590
Aug 4 (Reuters) – DaVita said on Tuesday revenue per treatment was lower in the second quarter, blaming declining enrollments for dialysis treatments as patients dropped out of Obamacare plans following the end of pandemic-era subsidies. Shares of the company, which maintained its annual profit fore
By Deena Beasley Aug 3 (Reuters) – Amgen on Tuesday reported second-quarter sales rose 9%, driven by demand for cholesterol drug Repatha, bone drug Evenity and medications for rare diseases, as the company continues to develop experimental weight-loss drug MariTide. The California-based biotech said
Aug 4 (Reuters) – The U.S. Federal Trade Commission is taking a closer look at a proposed $3.5 billion acquisition that would combine two of the leading national suppliers of veterinary products, Cencora’s MWI Animal Health and privately held Covetrus, Bloomberg News reported on Tuesday. The antitru
