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A forced-labor crackdown or an end-run around Congress? Dissecting Trump’s new tariffs
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Tuesday, May 5
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SRN News
Waters raises annual profit forecast as biosciences unit drives growth
By Sneha S K May 5 (Reuters) - Lab equipment maker Waters raised its annual profit forecast on Tuesday after beating quarterly estimates, driven by robust demand for drug development tools and the strong performance of its biosciences and diagnostics unit, acquired last year. Shares of ...
Tuesday, May 5
by
SRN News
Zambia blasts the US over a $2 billion health deal in exchange for critical minerals
HARARE, Zimbabwe (AP) - Zambia is accusing the United States of tying a $2 billion deal for critical health assistance to access to the southern African nation's rich mineral assets, and calling the outgoing U.S. ambassador's allegations of corruption "mischievous" and "undiplomatic." The comments by ...
Tuesday, May 5
by
SRN News
Trump’s drugmaker deals may save economy $529B over 10 years, White House says
WASHINGTON (AP) - White House economists estimate that President Donald Trump's deals with pharmaceutical companies to drop some of their U.S. prescription drug prices to what they charge in other countries could save $529 billion over the next 10 years. The analysis obtained by The ...
Tuesday, May 5
by
The Center Square
Illinois Quick Hits: Mayors to visit capitol urge protection of local funding
(The Center Square) - The Metropolitan Mayors Caucus is urging Gov. J.B. Pritzker to reverse his proposed budget cut to local governments. The mayors say Pritzker's plan to reduce ...
Tuesday, May 5
by
SRN News
Cytokinetics heart disease drug meets main goals in late-stage study
May 5 (Reuters) - Cytokinetics said on Tuesday its experimental heart disease drug significantly improved symptoms of a genetic heart condition in a late-stage trial. Shares of the company were up 13.2% at $74.78 in premarket trading. The company was testing the drug, chemically ...
Tuesday, May 5
by
SRN News
Inside the cruise ship at the center of the hantavirus outbreak
PRAIA, Cape Verde (AP) - The nearly 150 people aboard a cruise ship off the coast of Cape Verde have been mostly confined to their cabins, according to footage obtained by The Associated Press, after three passengers died and at least four others were ...
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Tuesday, May 5
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SRN News
Fresenius Medical Care’s revenue falls in Q1 as weak dollar takes toll
May 5 (Reuters) - Fresenius Medical Care said on Tuesday its revenue fell 6% in the first quarter of 2026, weighed down by significant currency effects, mainly from the weak U.S. dollar, and recent divestitures. The dialysis provider's revenue was 4.61 billion euros ($5.39 billion) ...
Tuesday, May 5
by
SRN News
Vertex tops profit estimates as sales of new cystic fibrosis drug surge
May 4 (Reuters) - Vertex Pharmaceuticals on Monday beat Wall Street estimates for first-quarter adjusted profit, helped by a near eight-fold surge in sales of its new cystic fibrosis treatment. Cystic fibrosis (CF) is a rare and progressive genetic disorder caused by the absence of ...
Monday, May 4
by
SRN News
How an ocean cruise turned into a hantavirus nightmare
By Tim Cocks JOHANNESBURG, May 4 (Reuters) - The first victim of a suspected hantavirus outbreak had already been dead 21 days when fellow passenger Jake Rosmarin posted a video about cows he had seen on a remote volcanic island in the Atlantic, showing no ...
Monday, May 4
by
SRN News
Seven cases of hantavirus identified on cruise ship, WHO says
May 4 (Reuters) - The World Health Organization said on Monday that as of May 4, seven cases of hantavirus have been identified after a suspected outbreak on a luxury cruise ship held off West Africa carrying mostly British, American and Spanish passengers. "As ...
Monday, May 4
by
SRN News
Swiss Biotech sector boosted by shift toward private funding, report says
By Marleen Kaesebier BASEL, Switzerland, May 5 (Reuters) - Switzerland's biotech industry shifted toward private financing in 2025 as funding from capital markets remained difficult to obtain and pharmaceutical companies sought out collaborative deals with biotech firms, a report on the sector showed on Tuesday. While ...
Monday, May 4
by
SRN News
China’s Impact Therapeutics seeks up to $117 million in Hong Kong IPO, term sheet shows
SINGAPORE, May 5 (Reuters) - Impact Therapeutics, a Chinese cancer-drug developer, aims to raise up to $117 million in a Hong Kong initial public offering, according to a term sheet seen by Reuters on Tuesday. • Impact is offering 41.98 million shares at HK$19.75 to ...
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