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Humana leaves annual adjusted profit outlook unchanged, shares drop

By Sriparna Roy and Sneha S K July 29 (Reuters) – Humana stuck to its annual adjusted profit forecast on Wednesday for a second consecutive quarter, disappointing Wall Street and pushing the health insurer’s shares down 5% in morning trading. Investor expectations for health insurers have risen afte

· SRN Health
Humana leaves annual adjusted profit outlook unchanged, shares drop
health

US diners avoid restaurants as cyclosporiasis fears cut lettuce sales

By Tom Polansek and Anuja Bharat Mistry July 29 (Reuters) – U.S. consumers are steering clear of some restaurant chains and buying less lettuce in grocery stores as a multistate outbreak of a parasitic disease fuels confusion over what is safe to eat, according to foot traffic ​data and industry sou

· SRN Health
US diners avoid restaurants as cyclosporiasis fears cut lettuce sales
health

Biogen beats quarterly estimates as newer drugs fuel growth

July 29 (Reuters) – Biogen reported second-quarter profit and revenue that topped Wall Street estimates on Wednesday, driven by strong demand for its rare-disease medicines, while sales of its legacy multiple sclerosis drugs stayed under pressure. Investors are closely watching whether recent deals

· SRN Health
Biogen beats quarterly estimates as newer drugs fuel growth
health

Australia confirms H5N1 bird flu spreading in native bird population

SYDNEY, July 29 (Reuters) – Australia said on Wednesday the deadly H5N1 bird flu virus is being transmitted locally in the native bird population, raising concerns that the disease is beginning to spread more widely after it first appeared in the country in June. Minister for Agriculture, Fisheries

· SRN Health
Australia confirms H5N1 bird flu spreading in native bird population
health

CSL to start clinical trials for new immunoglobulin manufacturing process

July 29 (Reuters) – Australian biotechnology firm CSL said on Wednesday it would start clinical trials to support regulatory approval for a new manufacturing process aimed at lifting immunoglobulin output from the same amount of plasma. Here are the details: • CSL said the studies would test the saf

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health

A guide to the most common NFL injuries, from Achilles tendon tears to concussions

Injuries can play as big a role in an NFL team’s successes or failures as the best game plans. Depth is crucial during a rigorous 17-game regular season that’s preceded by a month of training camp practices in hot conditions and three preseason games as players try to make their team’s 53-man active

· SRN Health
A guide to the most common NFL injuries, from Achilles tendon tears to concussions
health

UK PM Burnham to set out first steps on social care in speech

By Alistair Smout and David Milliken LONDON, July 28 (Reuters) – British Prime Minister Andy Burnham will on Wednesday pledge to overhaul the adult social care system, offering to work with other parties to better fund a service that can cost families hundreds of thousands of pounds. Burnham became

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UK PM Burnham to set out first steps on social care in speech
health

Trump administration to end Medicare premium subsidy program

By Padmanabhan Ananthan July 28 (Reuters) – The Trump administration will end a subsidy program, meant to keep premiums stable for Medicare prescription drug plans, after 2026, the Centers for Medicare & Medicaid Services said on Tuesday. The agency said its review of 2027 bids showed insurers have

· SRN Health
Trump administration to end Medicare premium subsidy program
health

Uganda declares itself free of Ebola as Congo continues to struggle with it

KAMPALA, Uganda (AP) — Authorities in Uganda declared the East Africa nation free of Ebola on Tuesday following the discharge of the country’s last patient in mid-June, a delicate milestone as the virus continues to plague neighboring Congo. Uganda has maintained since the outset that its cases were

· SRN Health
Uganda declares itself free of Ebola as Congo continues to struggle with it
health

Novo Nordisk must face US shareholder lawsuit over CagriSema weight loss trial

By Jonathan Stempel July 28 (Reuters) – A U.S. judge said on Tuesday that Novo Nordisk must face part of a lawsuit accusing it of defrauding shareholders about a clinical trial for its weight loss and diabetes treatment CagriSema. Novo Nordisk’s American depositary receipts fell 17.8% on December 20

· SRN Health
Novo Nordisk must face US shareholder lawsuit over CagriSema weight loss trial
health

Michigan cyclosporiasis cases increase to 9,680 in ongoing outbreak

By Siddhi Mahatole and Christy Santhosh July 28 (Reuters) – Michigan health officials reported 9,680 cases of cyclosporiasis on Tuesday, an increase of 427 cases from a day earlier, as the growing intestinal parasitic outbreak keeps U.S. consumers on edge about buying raw produce. Shoppers have worr

· SRN Health
health

Recordati first-half core profit rises 8.8% on rare diseases

July 28 (Reuters) – Italian drug maker Recordati on Tuesday posted an 8.8% rise in its first-half core profit (EBITDA) to €540.2 million ($615.6 million) boosted by its rare diseases segment. The results follow an announcement earlier this month that a majority of Recordati’s board deemed a €10.7 bi

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health

Romanian healthcare workers strike over wage bill needed to secure EU funds

By Luiza Ilie BUCHAREST, July 28 (Reuters) – Thousands of Romanian doctors, nurses and other health workers went on an indefinite strike for the first time in a decade on Tuesday, protesting job freezes and a public sector wage bill pending parliamentary approval that is key for the country to tap E

· SRN Health
health

GSK to invest £400 million in Britain over three years as it ramps up R&D efforts

LONDON, July 28 (Reuters) – British drugmaker GSK said on Tuesday it will invest £400 million ($531 million) over three years in the country, including moving its R&D operations to Cambridge, as part of its plans to develop medicines faster under new CEO Luke Miels. GSK’s investment comes a few mont

· SRN Health
GSK to invest £400 million in Britain over three years as it ramps up R&D efforts
health

IQVIA raises annual profit forecast on clinical research demand

July 28 (Reuters) – IQVIA Holdings raised its annual profit forecast on Tuesday after reporting better-than-expected second-quarter results, driven by strong demand for its healthcare data and analytics services, sending its shares up 11% before the bell. Here are the details: • IQVIA and other cont

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health

Incyte lifts annual revenue forecast after settlement with CMS

July 28 (Reuters) – Drugmaker Incyte Corp reported on Tuesday higher second-quarter earnings and raised its annual revenue forecast after it settled a lawsuit with the U.S. government over Medicaid rebates tied to eczema cream Opzelura. Here are the details: • The U.S. drugmaker raised its 2026 reve

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health

Ebola patient discharged from Frankfurt hospital after full recovery

July 28 (Reuters) – A U.S. citizen who became infected with the Ebola virus in Democratic Republic of Congo was discharged from Frankfurt University Hospital on Tuesday after making a full recovery, the hospital said in a statement. • The patient had been admitted to the hospital’s special isolation

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Ebola patient discharged from Frankfurt hospital after full recovery
health

US FDA staff cast doubt on Replimune cancer drug’s benefit; shares slide

July 28 (Reuters) – Benefits of Replimune’s skin cancer drug remain unclear due to flaws in the trial design that make it difficult to determine whether tumor shrinkage was driven by the drug or another therapy, FDA staff reviewers said in briefing documents released on Tuesday. Shares of the compan

· SRN Health
US FDA staff cast doubt on Replimune cancer drug’s benefit; shares slide
health

Ebola cases in Congo top 3,200, nearing record of the country’s worst outbreak

BUNIA, Congo (AP) — Confirmed cases in Congo’s ongoing Ebola outbreak have reached 3,262, its Ministry of Health said in an overnight update, nearly the same as the 2018-2020 outbreak that is the largest ever recorded in the country. Data from the Congolese health ministry showed that 1,437 patients

· SRN Health
Ebola cases in Congo top 3,200, nearing record of the country’s worst outbreak
health

Altimmune drug cuts heavy drinking in mid-stage trial for alcohol use disorder

July 28 (Reuters) – Altimmune said on Tuesday its experimental drug helped patients with alcohol use disorder cut back on heavy drinking in a mid-stage trial, sending the company’s shares 10% higher in premarket trading. The drug, pemvidutide, showed a placebo-adjusted reduction of 1.45 heavy drinki

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health

GSK launches $2.5 billion savings drive to invest in drug pipeline

July 28 (Reuters) – GSK launched a £1.9 billion ($2.52 billion) cost-savings drive on Tuesday to help fund the British drugmaker’s expanded late-stage study roster, aiming to deliver on CEO Luke Miels’ promise of faster drug development and boost investor trust. Shares rose as much as 5% after it al

· SRN Health
GSK launches $2.5 billion savings drive to invest in drug pipeline
health

GSK, Hansoh’s bone cancer drug meets main goal in late-stage trial

July 28 (Reuters) – GSK on Tuesday said partner Hansoh Pharmaceutical’s experimental drug met the main goal of keeping an aggressive bone cancer from worsening in a late-stage trial, boosting the British drugmaker’s efforts to rebuild its cancer portfolio. The treatment, ris-rez, met its primary end

· SRN Health
GSK, Hansoh’s bone cancer drug meets main goal in late-stage trial
health

Centene lifts annual profit forecast on improved cost management

July 28 (Reuters) – Centene on Tuesday raised its annual profit and revenue forecasts after beating estimates for quarterly earnings, as the health insurer kept control of its costs. The upbeat results and forecast, which sent the company’s shares up more than 2% before the bell, come as a relief fo

· SRN Health
Centene lifts annual profit forecast on improved cost management
health

Uganda declares end to latest Ebola outbreak

By Elias Biryabarema NAIROBI, July 28 (Reuters) – Uganda’s health minister declared the country Ebola-free on Tuesday following the East African nation’s latest outbreak of the viral haemorrhagic disease that infected 20 people and killed two of them. Uganda has suffered multiple outbreaks of Ebola

· SRN Health
Uganda declares end to latest Ebola outbreak