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Pfizer forecasts 2026 profit below expectations on lower COVID product sales
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Thursday, September 11
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SRN News
Centene shares rise after reaffirmed profit forecast, steady Medicare ratings
By Sriparna Roy (Reuters) -Centene shares gained more than 11% in early trading on Thursday after the health insurer reaffirmed its annual profit forecast and said quality ratings for its Medicare plans were in line with expectations. Preliminary data for Star or quality ratings for ...
Thursday, September 11
by
SRN News
Well-preserved Amazon rainforest on Indigenous lands can protect people from diseases, study finds
Every time humans cut into the Amazon rainforest or burn or destroy parts of it, they’re making people sick. It’s an idea Indigenous people have lived by for thousands of years. Now a new study in the journal Communications Earth & Environment adds to the ...
Thursday, September 11
by
SRN News
Novo Nordisk tells staff to return to office full-time amid CEO’s revival effort
COPENHAGEN (Reuters) -Wegovy-maker Novo Nordisk said on Thursday it had told all its staff to return to the office as the drugmaker’s new CEO tries to accelerate decision-making and improve its commercial execution amid intense competition in the obesity drug market. Novo on Wednesday said ...
Thursday, September 11
by
The Center Square
Illinois quick hits: Freedom Caucus remembers Kirk; new chief judge for Cook County
Freedom Caucus remembers Kirk The Illinois Freedom Caucus says members are “devastated and horrified” by the murder of conservative radio and podcast host Charlie Kirk. ...
Thursday, September 11
by
SRN News
Private equity firm Advent to sell drugmaker Zentiva to GTCR
(Reuters) -Czech generic drugmaker Zentiva said on Thursday that private equity group Advent International had agreed to sell the company to rival GTCR for an undisclosed value. The Financial Times had first reported the deal on Wednesday, saying it was worth 4.1 billion euros ($4.80 ...
Thursday, September 11
by
SRN News
Intercept Pharma withdraws liver disease drug from US market
(Reuters) -Intercept Pharmaceuticals said on Thursday it is voluntarily withdrawing its liver disease treatment from the U.S. market following a request from the Food and Drug Administration. The U.S. FDA said in December it had identified cases of serious liver injury among patients being treated ...
Thursday, September 11
by
SRN News
Britain defends investment record as Merck scraps labs over pharma environment
By Alistair Smout and Sarah Young LONDON (Reuters) -Britain defended its record on attracting investment on Thursday after U.S. drugmaker Merck said it was abandoning a new London research centre and a top industry lobby group warned a challenging business environment was hurting the sector. Merck ...
Thursday, September 11
by
SRN News
Merck’s pneumonia shot shows promise in late-stage study
(Reuters) -Drugmaker Merck said on Thursday that its pneumonia shot showed strong immune responses in children and teens who are at higher risk of serious illness, based on results from a late-stage study presented at a vaccines meeting in Lisbon.(Reporting by Padmanabhan Ananthan ...
Wednesday, September 10
by
SRN News
Photos show newborn caregiving programs helping ease parenting in India
GURUGRAM, India (AP) — Antima Kumari lifts one of her newborn nephews, positions him between his father’s bare chest and wraps a cloth around him to steady the tiny body. The baby quickly snuggles into his father’s skin. Kumari stepped in as a caregiver for ...
Wednesday, September 10
by
SRN News
LB Pharmaceuticals raises $285 million in US IPO
(Reuters) -LB Pharmaceuticals raised $285 million in its U.S. initial public offering, the biotech firm said on Wednesday, marking the first sizable biotech IPO since February. The New York-based firm sold 19 million shares at $15 each, within its marketed range of $14 to $16 ...
Wednesday, September 10
by
SRN News
Brazil animal feed output to drop after bird flu outbreak
By Roberto Samora SAO PAULO (Reuters) -The Brazilian animal feed industry will produce slightly less than expected in 2025 after a case of bird flu in the country affected chicken exports and curtailed demand, industry group Sindiracoes said on Wednesday. The group representing feed companies now ...
Wednesday, September 10
by
SRN News
US FDA, border agency seize $86.5 million worth of unauthorized e-cigarettes
(Reuters) -U.S. authorities have seized 4.7 million unauthorized e-cigarettes valued at $86.5 million in the largest operation of its kind to date, the Department of Health and Human Services said on Wednesday. The seizures, led by the U.S. Food and Drug Administration and U.S. Customs ...
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