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Allstate homeowners rate hike sparks debate over Illinois insurance oversight

(The Center Square) - Illinois homeowners could see their insurance bills rise again after Allstate filed a $58 million rate increase affecting nearly 300,000 policyholders, reigniting a debate over whether the state should tighten oversight or risk government overreach in the insurance market. ...
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Illinois interstate shootings decline

(The Center Square) - State police say the number of shootings on Illinois interstates dropped 31% to a total of 61 in 2025, down from 89 interstate shootings in 2024. ...
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Illumina unveils dataset to speed up AI-powered drug discovery

Jan 13 (Reuters) - Gene sequencing company Illumina on Tuesday introduced a dataset that maps genetic changes to help accelerate drug discovery through artificial intelligence. The company said it was partnering with drugmakers AstraZeneca, Merck and Eli Lilly for its Billion Cell Atlas, which will ...
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US FDA requests removal of suicide warnings from weight-loss drugs

Jan 13 (Reuters) - The U.S. Food and Drug Administration on Tuesday requested companies to remove warnings related to the potential risk of suicidal ideation from the labeling of popular weight-loss drugs of the GLP-1 class. The action follows a comprehensive FDA review that found ...
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Medtronic has ‘significant firepower’ for multiple acquisitions, executives say

Jan 12 (Reuters) - Medtronic has "significant firepower" to pursue acquisitions as the medical device maker evaluates opportunities to expand its portfolio, executives said at a major industry conference that kicked off on Monday in San Francisco. The medical device maker has been eyeing tuck-in ...
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Revvity says it will exceed 2025 profit forecast range

Jan 12 (Reuters) - Revvity said on Monday it expects its 2025 adjusted profit per share to exceed its forecast of $4.90 to $5, as the medical equipment maker benefits from renewed demand for contract research and diagnostics services. The company's shares were up nearly ...
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Johnson & Johnson’s $1 billion loss from robotics takeover reduced by Delaware top court

By Jonathan Stempel Jan 12 (Reuters) - Johnson & Johnson convinced Delaware's highest court to throw out part of a $1 billion damages award for breaching its 2019 agreement to buy Auris Health, a maker of surgical robots. In a unanimous decision on Monday, Delaware's Supreme ...
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Charles River to buy Cambodia-based monkey supplier for $510 million

Jan 12 (Reuters) - Charles River Laboratories said on Monday it would buy one of its major suppliers of non-human primates for about $510 million as the contract research firm seeks greater control over procurement of the animals used in drug safety testing. The acquisition ...
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Pfizer CEO plans for soaring consumer market for obesity drugs akin to Viagra

By Michael Erman SAN FRANCISCO, Jan 12 (Reuters) - Pfizer is preparing for a consumer market for obesity drugs on par with the booming business it saw after it launched erectile dysfunction drug Viagra in 1998, CEO Albert Bourla said on Monday. Bourla said that even ...
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Amgen to announce data on obesity drug MariTide at healthcare conference

SAN FRANCISCO, Jan 12 (Reuters) - Amgen's research chief said the company is very confident about its experimental obesity drug MariTide, as it prepares on Monday to unveil results from a mid-stage trial extension designed to show if the medication helps people maintain weight ...
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Appetite for weight-loss deals broader than visible, Viking CEO says

By Puyaan Singh Jan 12 (Reuters) - Weight-loss drug developer Viking Therapeutics CEO said on Monday that strategic interest in weight-loss drug deals is broader than it appears, as drugmakers seek to tap into the potential $150 billion market. Pharmaceutical companies are targeting the booming weight-loss ...
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Amgen says MariTide helped trial patients maintain weight loss

By Michael Erman and Deena Beasley SAN FRANCISCO, Jan 12 (Reuters) - An extension study of Amgen's experimental obesity drug MariTide found that it helped people maintain weight loss while a second mid-stage trial in diabetes patients showed that it lowered their blood sugar and ...
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