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Thursday, October 30
by
SRN News
Stryker raises lower end of annual profit forecast
By Bageshri Banerjee (Reuters) -Stryker on Thursday raised the lower end of its full-year profit forecast after beating estimates for third-quarter earnings, banking on strong demand for its medical and surgical devices. The company, which makes medical implants to repair broken bones and replace joints like ...
Thursday, October 30
by
SRN News
Federal judge in Hawaii rules FDA violated the law by restricting access to abortion medication
HONOLULU (AP) — The U.S. Food and Drug Administration violated the law by imposing restrictions on accessing mifepristone, a medication for abortions and miscarriage management, a federal judge in Hawaii ruled Thursday. A lawsuit by the American Civil Liberties Union argues the FDA continues ...
Thursday, October 30
by
SRN News
Edwards Lifesciences CFO Scott Ullem to step down by mid-2026
(Reuters) -Edwards Lifesciences said on Thursday its Chief Financial Officer Scott Ullem will step down by mid-2026 and remain in an advisory role after a successor is named. Ullem, who joined the company in 2014, helped guide its expansion in structural heart therapies and shift toward ...
Thursday, October 30
by
SRN News
Gilead posts higher profit on demand for HIV drugs, but overall sales dip
By Deena Beasley (Reuters) -Gilead Sciences said on Thursday its HIV drug sales rose 4% to $5.3 billion in the third quarter including $39 million for its new prevention drug Yeztugo, helping to boost its profit. The company’s overall product sales, however, fell 2% to $7.3 ...
Thursday, October 30
by
SRN News
Edwards Lifesciences beats quarterly estimates on strength in heart devices
(Reuters) -Edwards Lifesciences beat Wall Street estimates for third-quarter results on Thursday, driven by strong demand for its artificial heart valves and other medical devices, with shares rising about 3% in extended trading. Investor expectations around medical device makers have grown in recent quarters as ...
Thursday, October 30
by
SRN News
New deaths and illnesses reported in listeria outbreak tied to recalled pasta meals
Two new deaths and seven more illnesses have been reported in an expanding outbreak of listeria food poisoning tied to recalled pasta meals sold at grocery stores including Walmart and Trader Joe’s in many states. In total, at least six people have died and ...
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Thursday, October 30
by
The Center Square
IL taxpayers to pay $20M for food banks as SNAP funding lapses start Saturday
(The Center Square) – Illinois taxpayers are going to cover $20 million in food subsidies to food banks across the state. With Saturday being the date the U.S. Department ...
Thursday, October 30
by
SRN News
Dexcom beats quarterly estimates on strong demand for glucose monitors
(Reuters) -Medical device maker Dexcom topped Wall Street estimates for third-quarter results on Thursday, driven by robust demand for its continuous glucose monitoring systems. Interim CEO Jake Leach said the company’s performance was driven by continued expansion of access to the G7 system, which helps ...
Thursday, October 30
by
SRN News
Biogen trims annual profit forecast on expected hit from R&D-related charges
(Corrects period in paragraph 11 to third quarter from second quarter) (Reuters) -Biogen cut its annual profit forecast on Thursday, as it expects to take a hit of $1.25 per share from R&D related charges tied to certain acquisitions in the fourth quarter. The drugmaker, ...
Thursday, October 30
by
SRN News
RFK Jr. adviser Calley Means leaves White House role, NYT reports
(Reuters) -Calley Means, a controversial adviser to U.S. Health Secretary Robert F. Kennedy Jr., has left his temporary role in the White House after his 130-day term as a Special Government Employee expired, the New York Times reported on Thursday. (Reporting by Kamal Choudhury ...
Thursday, October 30
by
The Center Square
Illinois trucker: Deadly California crash exposes lawbreaking in trucking industry
(The Center Square) – An Illinois trucking company owner says the deadly California semi-truck crash involving an illegal immigrant driver exposes a much deeper problem in the industry that federal regulators are ignoring. ...
Thursday, October 30
by
SRN News
Metsera the US obesity biotech at centre of Novo, Pfizer bidding war
By Bhanvi Satija LONDON (Reuters) -Metsera has become the obesity drug market’s hottest ticket. The New York-based biotech is at the centre of a bidding war between Novo Nordisk and Pfizer, both vying for access to its pipeline of experimental treatments as competition intensifies in the ...
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