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Lilly becomes first drugmaker to join trillion-dollar club on weight-loss demand boom

By Mrinalika Roy (Reuters) -Eli Lilly hit $1 trillion in market value on Friday, making it the first drugmaker to enter the exclusive club dominated by tech giants and underscoring its rise as a weight-loss powerhouse. A more than 35% rally in the company's stock ...
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WHO declares end of Indonesia’s poliovirus outbreak following yearslong vaccination campaign

JAKARTA, Indonesia (AP) - The World Health Organization has declared Indonesia's polio outbreak officially over, following nearly three years of intensive response efforts, officials said Friday. Indonesia has remained largely polio-free as the highly contagious disease was declared eliminated in the country in 2014. But ...
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UK’s drug-cost watchdog recommends Alnylam’s heart disease drug

(Reuters) -The UK's drug cost-effectiveness watchdog has recommended Alnylam Pharmaceuticals' heart disease drug, ensuring access for patients through the government health system in England and Wales, the company said on Friday. The country's drug regulator had approved the injectable drug, Amvuttra, in July to treat ...
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Exclusive-Safety lapses, weak oversight: How children die from Indian cough syrup

By Krishna N. Das, Rishika Sadam and Praveen Paramasivam CHENNAI (Reuters) -Indian officials are investigating whether safety lapses in the supply of a pharmaceutical ingredient were responsible for contaminating cough syrup that has killed at least 24 children in recent months, according to three people ...
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Australia blocks Cosette Pharmaceuticals bid to buy Mayne Pharma

SYDNEY (Reuters) -Australia on Friday blocked a A$672 million ($433 million) buyout offer for Mayne Pharma from U.S. drugmaker Cosette Pharmaceuticals, citing national interest. "My decision is entirely consistent with the (Foreign Investment Review Board) advice that the proposal would be contrary to Australia's national ...
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New Jersey high court first in US to ban Shaken Baby Syndrome testimony

By Diana Novak Jones (Reuters) -New Jersey's top court on Thursday became the first in the U.S. to prohibit prosecutors from presenting expert testimony that shaking a baby can on its own cause injuries severe enough to justify bringing child abuse charges. The diagnosis of "Shaken ...
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Bristol Myers, Sanofi sued by Texas over Plavix

(Reuters) -Texas Attorney General Ken Paxton sued Bristol Myers Squibb and Sanofi, accusing the drugmakers of failing to disclose that Plavix, which is used to prevent blood clots, does not work effectively for many patients. Paxton said on Thursday the lack of disclosure caused patients ...
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GE HealthCare to buy Intelerad for $2.3 billion to expand in outpatient care market

(Reuters) -GE HealthCare said on Thursday it will acquire medical imaging software provider Intelerad for $2.3 billion in cash as the medical device maker seeks to expand into outpatient care markets. Intelerad offers cloud-based medical imaging software and digital enterprise workflow solutions, and has a ...
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IL GOP U.S. Senate candidate says state needs balanced representation

(The Center Square) - Despite having to push through a potentially crowded primary field, Republican U.S. Senate candidate Don Tracy says Illinoisans need a statewide Republican to bring balance. ...
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EU health regulator urges immediate vaccinations amid early surge in flu cases

(Reuters) -The European Centre for Disease Prevention and Control on Thursday urged people eligible for influenza shots to get vaccinated without delay, warning that flu cases are rising weeks ahead of the last two seasons. Influenza detections are rising three to four weeks ahead of ...
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IL Rep on congressmen trading: ‘We’re not going to take a pile of money to hell’

(The Center Square) - An Illinois congresswoman says the public is right to be alarmed about elected officials enriching themselves through insider trading. The U.S. House Administration Committee held ...
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Ex-UK PM Johnson oversaw ‘chaotic’ response to COVID which led to more deaths, inquiry finds

By Michael Holden LONDON (Reuters) -Former British Prime Minister Boris Johnson oversaw a toxic, chaotic and dithering response to the COVID pandemic, with a delay to locking the country down resulting in about 23,000 more deaths, a report by a public inquiry concluded on Thursday. Britain ...
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