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Cyclosporiasis cases in Michigan rise to 10,386 in ongoing outbreak

July 30 (Reuters) – Michigan reported 10,386 cases linked to an outbreak of cyclosporiasis on Thursday, up 309 from its last update a day earlier. Cases of the intestinal infection have risen steadily across the U.S., with the outbreak resulting in 193 hospitalizations, according to the state health

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health

US Senate panel advances Trump CDC pick Schwartz

By Ahmed Aboulenein WASHINGTON, July 30 (Reuters) – The U.S. Senate health committee voted on Thursday to advance the nomination of President Donald Trump’s pick for CDC director Dr. Erica Schwartz, handing his administration a rare win after repeated failed attempts to fill top health posts. The Se

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US Senate panel advances Trump CDC pick Schwartz
health

Lilly, Resilience to invest $750 million in US drug manufacturing expansion

July 30 (Reuters) – Drugmaker Eli Lilly and privately held contract manufacturer Resilience will invest $750 million to expand pharmaceutical manufacturing capacity in the U.S. and strengthen the domestic medicine supply chain, Resilience said on Thursday. Global drugmakers have been ramping up U.S.

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Lilly, Resilience to invest $750 million in US drug manufacturing expansion
health

Labcorp raises annual profit forecast on strong testing demand

By Sahil Pandey July 30 (Reuters) – Laboratory operator Labcorp raised its annual profit forecast and posted better-than-expected second-quarter results on Thursday, as steady demand for diagnostic testing and growth in its drug-development services business boosted performance. Shares of the compan

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Labcorp raises annual profit forecast on strong testing demand
health

Capricor plummets after FDA panel votes against Duchenne heart disease therapy

By Christy Santhosh July 30 (Reuters) – Shares of Capricor Therapeutics fell 50% in morning trading on Thursday after the U.S. FDA’s panel of experts voted against the effectiveness data of its cell therapy for a heart condition related to Duchenne muscular dystrophy. Late on Wednesday, the panel vo

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health

Teladoc tumbles on revenue forecast cut as BetterHelp demand shifts hurt

By Sriparna Roy July 30 (Reuters) – Teladoc shares fell more than 26% on Thursday, a day after the virtual healthcare provider trimmed its annual revenue forecast and flagged challenges at its mental health services unit BetterHelp. BetterHelp, Teladoc’s direct-to-consumer mental health business, ha

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Teladoc tumbles on revenue forecast cut as BetterHelp demand shifts hurt
health

Regeneron beats quarterly estimates on eczema drug strength, shares rise

July 30 (Reuters) – Regeneron on Thursday beat Wall Street estimates for second-quarter revenue and profit, helped by strong demand for its eczema drug Dupixent and a high-dose version of its eye drug Eylea. Shares rose nearly 5% before the bell. Here are the details: • Global net sales of Dupixent,

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Regeneron beats quarterly estimates on eczema drug strength, shares rise
health

UK reports rise in cyclospora infections linked to Mexico travel

July 30 (Reuters) – The UK Health Security Agency (UKHSA) said on Thursday it was seeing a sharp rise in cyclospora infections among travellers returning from Mexico and urged people to follow food and water hygiene measures while abroad. The agency said the parasite causes stomach illness, mainly t

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health

Pfizer’s oral drug restores skin pigmentation in late-stage vitiligo trials

July 30 (Reuters) – Pfizer said on Thursday its oral drug helped restore skin color in patients with a common form of vitiligo in two late-stage trials, paving the way for regulatory submissions seeking approval in the autoimmune skin disease. Here are the details: • The U.S. drugmaker was testing L

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Pfizer’s oral drug restores skin pigmentation in late-stage vitiligo trials
health

Baxter raises annual profit forecast on strength in drug compounding business

By Christy Santhosh July 30 (Reuters) – Baxter International on Thursday raised its annual profit forecast and beat Wall Street estimates for quarterly results, helped by strong sales in its drug-compounding business, sending its shares soaring 17% in morning trading. The medical products maker is i

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health

Sensodyne maker Haleon reaffirms targets on US and emerging markets growth

July 30 (Reuters) – British consumer health company Haleon on Thursday reported stronger-than-expected sales growth in North America, its largest market, and robust demand in emerging markets, helping it reaffirm its financial targets. The maker of Sensodyne toothpaste and Advil painkillers has been

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Sensodyne maker Haleon reaffirms targets on US and emerging markets growth
health

Sanofi lifts sales growth forecast on Dupixent strength in boost for new CEO

By Bhanvi Satija LONDON, July 30 (Reuters) – Sanofi raised its full-year sales forecast on Thursday, on the back of strong demand for blockbuster asthma drug Dupixent and newer products in the French drugmaker’s first results under new CEO Belen Garijo. Garijo has taken the helm at a time when the c

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Sanofi lifts sales growth forecast on Dupixent strength in boost for new CEO
health

Trump administration unfreezes $600 million for Gavi for global vaccine effort

By Ismail Shakil July 29 (Reuters) – The Trump administration said on Wednesday it will immediately release $600 million in congressionally appropriated funds for vaccines for the world’s poorest countries after Washington withheld the money over unsubstantiated safety concerns raised by U.S. Health

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Trump administration unfreezes $600 million for Gavi for global vaccine effort
health

Takeaways from Anthony Fauci’s COVID-era diaries

A diary played an unusual role in a contentious Senate hearing Wednesday – musings from Dr. Anthony Fauci, a scientist who became a leading voice in the U.S. response to the COVID-19 pandemic. Sen. Rand Paul, a Kentucky Republican, for years has accused Fauci, the longtime top infectious disease off

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Takeaways from Anthony Fauci’s COVID-era diaries
health

FDA panel votes against Capricor’s Duchenne heart disease therapy

By Christy Santhosh and Sahil Pandey July 29 (Reuters) – The U.S. FDA’s panel of independent advisers on Wednesday voted against effectiveness data of Capricor Therapeutics’ cell therapy, deramiocel, for a heart condition related to Duchenne muscular dystrophy. The nine-to-three vote aligns with FDA

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FDA panel votes against Capricor’s Duchenne heart disease therapy
health

J&J lowers 2026 profit forecast on deal costs, sees further hit in 2027

July 29 (Reuters) – Johnson & Johnson cut 2026 profit forecast on Wednesday, citing the combined financial impact of its newly completed acquisition of Firefly Bio and a strategic partnership with Sail Biomedicines. The healthcare giant expects full-year adjusted earnings per share of $10.96 to $11.

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J&J lowers 2026 profit forecast on deal costs, sees further hit in 2027
health

Study suggests the threat of mold-associated illnesses may be underappreciated

NEW YORK (AP) — A first-of-its-kind U.S. study suggests invasive mold infections may be an underappreciated — and potentially deadly — threat. The researchers detected about 450 cases in Atlanta-area hospitals over five years. About a third of the patients died in the hospital. The findings, publish

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Study suggests the threat of mold-associated illnesses may be underappreciated
health

US FDA approves first freeze-dried plasma product

By Siddhi Mahatole July 29 (Reuters) – The U.S. FDA on Wednesday approved the first freeze-dried plasma product for use in the country, providing an option for patients when conventional plasma is unavailable. The agency granted a biologics license to Vascular Solutions — a subsidiary of Teleflex —

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US FDA approves first freeze-dried plasma product
health

Brazil greenlights five new injectable diabetes drugs

By Luciana Magalhaes SAO PAULO, July 29 (Reuters) – Brazil’s health regulator Anvisa on Wednesday said it approved five new injectable GLP-1 drugs for diabetes and obesity treatment, capitalizing on a wave of expedited regulatory reviews following the expiration of Ozempic’s patent in the country in

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health

Cyclosporiasis cases in Michigan surpass 10,000 in ongoing outbreak

July 29 (Reuters) – Michigan health officials reported 10,077 cases of cyclosporiasis on Wednesday, an increase of 397 cases since their last update a day earlier. An investigation by the U.S. Food and Drug Administration has linked the outbreak to iceberg lettuce served at Taco Bell restaurants sou

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health

Processa buys Vidya Therapeutics, raises $200 million for drug trials

July 29 (Reuters) – Processa Pharmaceuticals said on Wednesday it acquired privately held Vidya Therapeutics in an all-stock deal, gaining access to its lead candidate being developed to target diseases involving the immune system. Shares of Processa, which also reported a share sale to raise about

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health

GE HealthCare tops quarterly estimates, weighs patient care unit sale

By Puyaan Singh July 29 (Reuters) – GE HealthCare said on Wednesday it might sell its patient care segment, after beating Wall Street estimates on steady demand for its diagnostics and imaging devices as well as tariff refunds. Shares of the company, which had already provided some preliminary secon

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GE HealthCare tops quarterly estimates, weighs patient care unit sale
health

Boston Scientific trims annual profit forecast on softer Watchman device demand

By Siddhi Mahatole July 29 (Reuters) – Medical device maker Boston Scientific cut its annual profit forecast on Wednesday, citing slower growth for its Watchman heart device and tougher competition in its U.S. electrophysiology business. Shares were down nearly 3% in morning trade. The company’s upd

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Boston Scientific trims annual profit forecast on softer Watchman device demand
health

Health Rounds: MannKind injection helps heart failure patients avoid ER infusions

(This is an excerpt of the Health Rounds newsletter, where we present latest medical studies on Tuesdays and Thursdays) By Nancy Lapid July 29 (Reuters) – We also report on an experimental diagnostic approach that can detect tuberculosis exposure and infection at an earlier stage than current method

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Health Rounds: MannKind injection helps heart failure patients avoid ER infusions