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J&J enters US robotic surgery market after device gets marketing authorization

By Puyaan Singh July 22 (Reuters) - Johnson & Johnson said on Wednesday the U.S. Food and Drug Administration had granted marketing authorization for its robotic surgery device, as the healthcare conglomerate enters the soft-tissue robotic surgery market. The decision marks a key step for J&J's ...
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Philip Morris to lift Zyn investment, cigarette demand drives earnings beat

By Neil J Kanatt and Emma Rumney July 22 (Reuters) - Philip Morris International said it would increase investment in its Zyn nicotine pouches as competition intensifies in the fast-growing category, after higher cigarette demand helped drive a quarterly results beat on Wednesday. Its shares rose ...
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FDA panel to review popular peptides amid persistent consumer appetite

By Sneha S K and Sriparna Roy July 22 (Reuters) - U.S. FDA advisers this week will weigh whether seven popular peptides can be compounded by licensed pharmacies, but even if regulators decline to expand access, industry participants say consumer demand is likely to ...
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Health Rounds: New cardiac guidelines mean more statins for more people, study finds

(This is an excerpt of the Health Rounds newsletter, where we present latest medical studies on Tuesdays and Thursdays) By Nancy Lapid July 22 (Reuters) - We also have some data from researchers who compared injuries in riders of e-bikes vs. traditional bicycles. (Guess which injuries ...
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Repligen to buy cell therapy maker BioLife in $1.5 billion deal

July 22 (Reuters) - Repligen Corp said on Wednesday it would buy BioLife Solutions in a cash-and-stock deal valued at about $1.5 billion, to expand the drugmaking equipment provider's presence in the fast-growing cell therapy market. BioLife shareholders will receive $11.25 in cash and 0.1442 ...
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Cyclosporiasis outbreak hits Taco Bell sales, unlikely to cause lasting scar, analysts say

By Juveria Tabassum, Neil J Kanatt and Nicholas P. Brown July 22 (Reuters) - The United States' largest foodborne illness outbreak in recent years, linked to shredded lettuce served at some Taco Bell eateries, may dent the fast-food chain's sales, but is unlikely to cause ...
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Congo’s Ebola outbreak has killed nearly 1,000 people

BUNIA, Congo (AP) - At least 999 people have died from the Ebola outbreak in Congo, according to official data published overnight into Wednesday, a grim toll in what's already been declared the fastest Ebola outbreak in history. The latest update from Congo's Ministry of ...
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Indian drugmaker Dr Reddy’s posts quarterly profit slump

HYDERABAD, July 22 (Reuters) - Indian drugmaker Dr Reddy's reported a smaller-than-expected quarterly profit on Wednesday, as muted sales of a key generic oncology drug and pricing pressure weighed on the competitive U.S. market. Consolidated net profit tanked 68.7% to 4.44 billion rupees ($45.98 million) ...
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Lonza raises full-year core profit margin guidance

July 22 (Reuters) - Switzerland's Lonza, the world's largest contract drug manufacturer, raised the full-year target for its core profit margin to between 33% and 34% on Wednesday, citing strong operational execution and contributions from maturing growth projects. It had previously expected its core earnings ...
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After an extremely rare pregnancy, an Australian woman gives birth to identical quadruplet girls

An Australian woman has given birth to identical quadruplet girls after a pregnancy doctors described as incredibly rare. Jenitar Sau Na'amoana, who is 34 years old and already had four children, delivered the babies last week at Royal Brisbane and Women's Hospital in Queensland state. "We ...
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US cyclosporiasis cases top 4,100 as CDC investigates lettuce-linked outbreak

July 21 (Reuters) - The Centers for Disease Control and Prevention has pegged the number of domestically acquired, lab-confirmed U.S. cyclosporiasis cases since May 1 at 4,173 after federal and state officials examined outbreaks including a multistate one linked to lettuce. Here are some details: • ...
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Celldex to stop skin disease study after trial setback

July 21 (Reuters) - Celldex Therapeutics said on Tuesday it would discontinue the development of its experimental drug for a skin disease after it failed to meet the main goal and key secondary goals in a mid-stage study, sending its shares down over 7% ...
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