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Trump to announce $12 billion bailout plan for farmers, White House official says
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Wednesday, May 14
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SRN News
Trump’s drug pricing order threatens Roche’s $50 billion US investment plans, company says
LONDON (Reuters) -U.S. President Donald Trump’s executive order on drug pricing threatens Roche’s planned $50 billion investment in the United States, the company said on Wednesday. Trump’s order, signed Monday, directs pharmaceutical companies drugmakers to lower prices of brand-name medicines to align with those in ...
Wednesday, May 14
by
SRN News
California governor proposes pausing expansion of health care to low-income immigrants
SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom wants California to stop enrolling more low-income immigrants without legal status in a state-funded health care program starting in 2026 and begin charging those already enrolled a monthly premium the following year. The decision is driven by a ...
Wednesday, May 14
by
SRN News
Bluebird bio receives higher upfront offer from PE firms Carlyle, SK Capital
(Reuters) -Bluebird bio and Carlyle Group and SK Capital Partners said on Wednesday that the private equity firms have offered $5 per share upfront to takeover the gene therapy maker. Shareholders may elect to receive either the new offer or the previous offer of $3 ...
Wednesday, May 14
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SRN News
Germany’s Merck drops China surcharge on orders after US-China tariff deal
By Andrew Silver SHANGHAI (Reuters) -German healthcare and materials group Merck KGaA has dropped a surcharge on life sciences sector orders within China following the U.S.-China agreement to pause sky-high tariffs on each other, the company said Wednesday. The agreement, announced on Monday, will see U.S. ...
Wednesday, May 14
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SRN News
World Health Organization scales back work after funding cuts
By Jennifer Rigby LONDON (Reuters) -The World Health Organization has reduced its management team by half and will have to scale back operations, its director-general said on Wednesday, four months after the United States announced it was leaving the agency and cutting funding. “To be blunt, ...
Wednesday, May 14
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SRN News
UnitedHealth’s CEO Hemsley to get $1 million annual base pay
(Reuters) -UnitedHealth Group CEO Stephen Hemsley will get an annual base salary of $1 million and a one-time $60 million equity award as he returns to the top role at a tough time for the healthcare conglomerate. Hemsley, 72, had led the company for ...
Wednesday, May 14
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SRN News
Americans worry about Trump’s handling of measles outbreak, Reuters/Ipsos poll finds
By Jason Lange and Julie Steenhuysen WASHINGTON (Reuters) -Americans worry about the Trump administration’s ability to contain an ongoing outbreak of measles, while the vast majority of them believe that vaccines for the disease are safe, according to a new Reuters/Ipsos poll. Just 31% of respondents ...
Wednesday, May 14
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ABC News
Extreme heat could make pregnancy riskier for millions of women: Report
(WEST PALM BEACH, FL) -- As human-induced climate change continues warming the planet, pregnancy risks are increasing, according to a new analysis by Climate Central.Climate Central, a nonprofit science and communications organization, analyzed daily temperature data from 2020 to 2024 in 940 cities across ...
Wednesday, May 14
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ABC News
HHS reverses NIOSH firings that stripped coal miners health protections
(MORGANTOWN, WV) -- The Department of Health and Human Services on Tuesday reversed the firings of more than 100 federal employees with the National Institute for Occupational Safety and Health, the federal institute that helps protect coal miners from black lung, according to Republican ...
Wednesday, May 14
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SRN News
What to expect at RFK Jr.’s first Senate hearing as health secretary
WASHINGTON (AP) — Republican Sen. Bill Cassidy wanted an assurance from Robert F. Kennedy Jr. before he would vote to put him in charge of the nation’s $1.7 trillion health department. Kennedy’s history of promoting conspiracy theories or misspeaking about vaccines alarmed Cassidy, he said ...
Wednesday, May 14
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SRN News
Novo Nordisk strikes $2.2 billion deal with Septerna to develop new obesity treatments
COPENHAGEN (Reuters) -Novo Nordisk has struck a collaboration and licensing deal with U.S. biotech Septerna to develop oral small molecule medicines for obesity, type 2 diabetes and other cardio-metabolic diseases that could be worth up to $2.2 billion for Septerna, they said on Wednesday. ...
Wednesday, May 14
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SRN News
Health Rounds: Study suggests lower Wegovy dose might be just as effective
(Reuters) – (This is an excerpt of the Health Rounds newsletter, where we present latest medical studies on Tuesdays and Thursdays) The usual dose of Novo Nordisk’s expensive weight-loss drug Wegovy can be cut in half without affecting the results, researchers ...
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