July 27 (Reuters) – Philip Morris International said on Monday it had doubled its planned investment in its Colorado manufacturing campus to about $1.2 billion through 2028, as it expands production capacity for the Zyn nicotine pouch business. The company in 2024 had initially announced a $600 mill
July 27 (Reuters) – Sarepta Therapeutics said on Monday it appointed former Tessera Therapeutics CEO Michael Severino its chief executive, effective July 28. The longtime AbbVie executive, will succeed Doug Ingram. Shares of the company were up nearly 6% in premarket trading. • The appointment of Se
The Clinton Foundation unveiled a new initiative Monday to help state and local governments develop and enact nonpartisan policy solutions to improve health outcomes, especially for women and children, economic security and democracy. The foundation’s first new initiative in more than a decade, the
By Sahil Pandey July 27 (Reuters) – The U.S. FDA has approved Freenome’s blood-based colorectal cancer screening test for older adults, paving the way for partner Abbott to launch it in the U.S. this fall, the companies said on Monday. Shares of Freenome were up about 4% in morning trading. Here are
DAKAR, July 27 (Reuters) – Human Rights Watch said on Monday pollution linked to the operations of French-British oil firm Perenco in the Democratic Republic of Congo was exposing nearby communities to health risks, including respiratory illnesses and symptoms such as chest pain. • Perenco is the co
July 27 (Reuters) – AstraZeneca has been adjusting its pricing strategy for new drug launches in response to U.S. President Donald Trump’s “most-favoured-nation” policy seeking lower drug prices for Americans, a senior company executive said on Monday. “Our pricing approach across all of launches no
July 27 (Reuters) – MapLight Therapeutics said on Monday its schizophrenia drug failed to show statistically significant symptom improvement in the once-daily dosing arm of a mid-stage trial, sending its shares tumbling 55% in premarket trading. Here are the details: • The company was testing ML-007
By Christy Santhosh and Sahil Pandey July 27 (Reuters) – U.S. FDA staff reviewers raised concerns about the effectiveness data for Capricor Therapeutics’ cell therapy for a heart condition related to Duchenne muscular dystrophy, dragging the company’s shares 65% lower in early trading. The briefing
July 27 (Reuters) – Late-stage drug developer Apnimed is targeting a valuation of up to $608 million in its initial public offering in the United States. The sleep apnea pill developer is seeking to raise up to $160 million by offering 10 million shares priced between $14 and $16 apiece, a regulator
MILAN, July 27 (Reuters) – The private equity arm of Goldman Sachs has agreed to acquire control of Italian medical equipment maker Numantec from White Bridge Investment, the companies said, betting on a business with steady revenues amid macroeconomic uncertainty. Based near the northern Italian ci
By Aditya Kalra NEW DELHI, July 27 (Reuters) – India has ordered makers of high-caffeine beverages sold as “energy drinks” to stop using that description, rejecting efforts to stall the regulatory intervention in a fast-growing market expected to be worth $1.6 billion by 2028, according to documents
July 27 (Reuters) – Chinese drugmaker Innocare Pharma said on Monday one of its experimental oral treatments for moderate-to-severe plaque psoriasis showed a “consistent treatment effect” in a late-stage clinical trial, as it seeks to compete with Western rivals in a growing market. Plaque psoriasis
July 27 (Reuters) – AstraZeneca said on Monday its rare disease drug Ultomiris failed a late-stage trial in patients with a blood vessel complication following a stem cell transplant, the latest in a series of setbacks this year that have fuelled concerns about the drugmaker’s pipeline. Here are som
By Pushkala Aripaka and Maggie Fick July 27 (Reuters) – AstraZeneca stood by its annual and long-term forecasts on Monday, expressing confidence that recent trial setbacks had not undermined its long-term prospects as second-quarter profit beat market expectations. Strong demand for cancer and rare
PLYMOUTH, Mass. (AP) — In the months after the birth of her third child, Lindsay Clancy ‘s mental health collapsed. Manic, unable to sleep and stricken with thoughts of harming herself, she sought care from experts in postpregnancy mood disorders, was put on multiple psychiatric medications, and whe
July 27 (Reuters) – Belgian-Dutch immunology company argenx will buy Forte Biosciences to add experimental autoimmune drug FB102 to its portfolio, the company said on Monday. Argenx will pay $77 a share in cash, valuing the U.S. drug developer at about $2.2 billion, in a deal that gives it a first-i
By Francesco Canepa and Maria Martinez FRANKFURT, July 27 (Reuters) – Germany’s plans to tighten sick-note rules may be mistaking the symptoms of rising absenteeism for the underlying illness, researchers say, pointing to mental health strains and deteriorating working conditions in sectors such as
DAKAR, July 26 (Reuters) – The number of confirmed Ebola cases in the Democratic Republic of Congo has increased to 3,200, including 1,405 deaths, government data showed on Sunday. (Reporting by Congo newsroom; Editing by Christian Schmollinger) Brought to you by www.srnnews.com
July 25 (Reuters) – The number of confirmed Ebola cases in the Democratic Republic of Congo has increased to 3,075, including 1,354 deaths, government data showed on Saturday. (Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by David Gregorio) Brought to you by www.srnnews.com
Jet lag threatens to turn even a dream vacation into a slog. And with peak travel season underway, millions of people may have to contend with this disorienting condition, which can cause sleep disturbances, daytime tiredness, headaches and nasty gastrointestinal symptoms. But you can minimize the e
BUNIA, Congo (AP) — Health workers at an Ebola treatment center in eastern Congo went on strike on Saturday, demanding their pay. The walkout disrupted care for patients in the epicenter of the country’s rapidly growing outbreak. The number of confirmed cases of Ebola in Congo has reached 2,973, inc
By Julie Steenhuysen and Tom Polansek CHICAGO, July 25 (Reuters) – Two weeks before the U.S. Centers for Disease Control and Prevention issued its cyclosporiasis health warning on July 14, Michigan warned of an unusually large outbreak of parasitic disease that was causing explosive diarrhea. New ca
SYDNEY, July 25 (Reuters) – Queensland became Australia’s fourth state to confirm a case of H5N1 bird flu after authorities said on Saturday that a migratory seabird tested positive for the highly pathogenic virus. Australia was the final continent to confirm a mainland case of H5N1 when the diseas
WASHINGTON (AP) — Nearly 100 people in 17 states have been sickened in a salmonella outbreak tied to recalled eggs, federal health officials said Friday. The 98 people had illnesses that started between Nov. 21 and June 30, according to the U.S. Food and Drug Administration. No deaths have been repo
By Jonathan Stempel July 24 (Reuters) – A federal judge on Friday dismissed a lawsuit accusing Abbott Laboratories of defrauding shareholders by downplaying and trying to evade its responsibility for a 2022 recall of powdered infant formula, and lying about its commitment to quality and product safe
July 24 (Reuters) – A panel of advisers to the U.S. Food and Drug Administration on Friday voted to place a popular peptide called Semax on a list that would allow broader pharmacy compounding. Eight panel members voted in favor, while five voted against. One member abstained. The panel has backed f
July 24 (Reuters) – Outlook Therapeutics said on Friday the U.S. Food and Drug Administration has approved its drug for a type of eye disease that can cause vision loss. The New Jersey-based company was seeking approval for Lytenava to treat wet age-related macular degeneration (AMD), a chronic eye
WASHINGTON (AP) — Federal health officials on Friday expanded the scope of their investigation into an outbreak of a diarrhea-causing parasite to four additional states, broadening the size of the largest U.S. outbreak of cyclospora. The Centers for Disease Control and Prevention said the outbreak f
July 24 (Reuters) – The U.S. Food and Drug Administration on Friday approved a nonprescription, fixed-dose pill that combines Kenvue’s Tylenol with the nonsteroidal anti-inflammatory drug naproxen for up to 12 hours of pain relief. Here are some details: • The pill can be used by adults and children
By Mariam Sunny and Siddhi Mahatole July 24 (Reuters) – The United States has recorded 2,318 confirmed cases of measles so far this year, the CDC said on Friday, surpassing last year’s tally and marking the highest level since 1991. Of the total, 2,302 cases were reported by 45 jurisdictions and 16
