More Breaking News

BREAKING NEWS
India widens spices probe amid contamination concerns

India widens spices probe amid contamination concerns

By Rishika Sadam HYDERABAD (Reuters) - India's food safety regulator said on Thursday it had ordered testing and inspections at all companies making spice mixes, widening an investigation into the...
GSK knew about Zantac cancer risk, attorneys tell jury in first trial

GSK knew about Zantac cancer risk, attorneys tell jury in first trial

By Diana Novak Jones (Reuters) - U.S. attorneys for a woman who claims her colon cancer was caused by the now discontinued heartburn drug Zantac on Thursday told a jury...
Regeneron’s blockbuster eye drug posts weaker sales due to inventory impact

Regeneron’s blockbuster eye drug posts weaker sales due to inventory impact

(Reuters) -U.S. drugmaker Regeneron Pharmaceuticals Inc missed Wall Street estimates for quarterly profit on Thursday, hurt by softer sales of its blockbuster eye drug Eylea due to reduction in wholesaler...
Cigna lifts annual profit view on lower medical costs, pharmacy benefit strength

Cigna lifts annual profit view on lower medical costs, pharmacy benefit strength

By Bhanvi Satija (Reuters) -Cigna Group raised its annual profit forecast on Thursday, helped by lower-than-expected medical costs and strength in its pharmacy benefit management unit. The health insurer's second...
Baxter raises annual profit forecast on strong demand for medical devices

Baxter raises annual profit forecast on strong demand for medical devices

(Reuters) - Medical device maker Baxter International raised its annual profit forecast and beat quarterly estimates on Thursday, banking on strong demand for its infusion pumps and dialysis products. Investor...
Bird flu likely circulated in US cows for four months before diagnosis -paper

Bird flu likely circulated in US cows for four months before diagnosis -paper

By Tom Polansek and Julie Steenhuysen CHICAGO (Reuters) - Bird flu likely circulated in U.S. dairy cows on a limited basis for about four months before federal officials confirmed the...
Bird flu outbreak in dairy cows fails to deter US raw milk sellers

Bird flu outbreak in dairy cows fails to deter US raw milk sellers

By Lisa Baertlein, Julie Steenhuysen and Tom Polansek LOS ANGELES/CHICAGO (Reuters) - U.S. sellers of raw milk appear undeterred by federal health warnings for consumers to avoid drinking unpasteurized milk...
DaVita gains after upbeat quarterly profit prompts annual forecast raise

DaVita gains after upbeat quarterly profit prompts annual forecast raise

(Reuters) - DaVita raised its annual profit forecast on Thursday banking on strong demand for its kidney dialysis services, sending its shares up 3.7% in trading after the bell. The...
Amgen ‘encouraged’ by weight-loss drug interim data, shares jump

Amgen ‘encouraged’ by weight-loss drug interim data, shares jump

By Deena Beasley (Reuters) -Amgen on Thursday said it was very encouraged after completing an interim analysis of its mid-stage study of experimental weight-loss drug MariTide and will no longer...
Illumina reaffirms annual revenue forecast over continued sluggish demand

Illumina reaffirms annual revenue forecast over continued sluggish demand

(Reuters) - Illumina reiterated its 2024 revenue forecast on Thursday, expecting continued weak demand from its customers such as medical research labs and hospitals. The San Diego, California-based company, whose...
Brazil declares country foot-and-mouth disease-free without vaccination

Brazil declares country foot-and-mouth disease-free without vaccination

SAO PAULO (Reuters) - Brazil declared itself on Thursday as free of foot and mouth disease without vaccination, and will request World Organization for Animal Health (WOAH) to recognize that...
Pfizer lifts profit forecast as CEO sees reason for optimism in 2024

Pfizer lifts profit forecast as CEO sees reason for optimism in 2024

By Bhanvi Satija and Patrick Wingrove (Reuters) -Pfizer lifted its annual earnings forecast on Wednesday and reported a first-quarter profit above Wall Street estimates, boosted by cost cutting efforts and...
Bird flu testing shows more dairy products are safe, US FDA says

Bird flu testing shows more dairy products are safe, US FDA says

By Julie Steenhuysen and Tom Polansek CHICAGO (Reuters) -Preliminary results of tests on additional dairy products show that pasteurization inactivates the bird flu virus, the U.S. Food and Drug Administration...
Emergent BioSolutions to lay off about 300 employees

Emergent BioSolutions to lay off about 300 employees

(Reuters) -Emergent BioSolutions said on Wednesday that it would cut about 300 jobs across all areas of the company and shut down several manufacturing facilities as part of a restructuring...
Arizona Senate repeals 1864 abortion ban, governor seen signing quickly

Arizona Senate repeals 1864 abortion ban, governor seen signing quickly

By Brad Brooks (Reuters) -The Arizona Senate voted on Wednesday to repeal the state's 1864 ban on abortion, which could otherwise have taken effect within weeks. The repeal was passed...
UnitedHealth says hackers potentially stole a third of Americans’ data

UnitedHealth says hackers potentially stole a third of Americans’ data

By Ahmed Aboulenein and Zeba Siddiqui WASHINGTON (Reuters) - Hackers who breached UnitedHealth's tech unit in February potentially stole a third of Americans' data, the largest U.S. health insurer's CEO...
US judge blocks some North Carolina restrictions on abortion pill

US judge blocks some North Carolina restrictions on abortion pill

By Brendan Pierson (Reuters) -A federal judge has struck down parts of a North Carolina law restricting patients' access to the abortion pill mifepristone, which has become the subject of...
VP Harris visits Florida as abortion ban limits women’s options

VP Harris visits Florida as abortion ban limits women’s options

By Nandita Bose JACKSONVILLE, Florida (Reuters) -U.S. Vice President Kamala Harris sought to blame Republican candidate Donald Trump for Florida's six-week abortion ban that took effect on Wednesday, saying his...
J&J advances $6.48 billion settlement of talc cancer lawsuits

J&J advances $6.48 billion settlement of talc cancer lawsuits

By Dietrich Knauth and Mike Spector NEW YORK(Reuters) -Johnson & Johnson said on Wednesday it is moving forward with a $6.48 billion proposed settlement of tens of thousands of lawsuits...
Pot stocks jump as U.S. DOJ moves to reclassify cannabis as a less dangerous drug

Pot stocks jump as U.S. DOJ moves to reclassify cannabis as a less dangerous drug

By Tanay Dhumal (Reuters) -Shares of cannabis companies surged on Tuesday afternoon after the U.S. Department of Justice (DoJ) moved to reclassify marijuana as a less dangerous drug. U.S.-listed shares...
Almost all US hospitals took financial hit from Change hack, AHA says

Almost all US hospitals took financial hit from Change hack, AHA says

By Amina Niasse NEW YORK (Reuters) - Almost all U.S. hospitals were hurt financially by the cyberattack on United Health Group’s Change Healthcare unit earlier this year, according to a...
Weight-loss drug drives Eli Lilly to raise 2024 sales forecast by $2 billion

Weight-loss drug drives Eli Lilly to raise 2024 sales forecast by $2 billion

By Bhanvi Satija and Patrick Wingrove (Reuters) -Explosive demand and increased manufacturing capacity for Eli Lilly's weight-loss drug Zepbound drove the company to raise its annual sales forecast by $2...
Explainer-How US change on marijuana would help cannabis companies

Explainer-How US change on marijuana would help cannabis companies

By Mrinalika Roy (Reuters) - The U.S. Justice Department is moving to make marijuana use a less serious federal crime with a proposal to reclassify the drug as on par...
First trial over Zantac cancer claims set to begin in Chicago

First trial over Zantac cancer claims set to begin in Chicago

By Brendan Pierson (Reuters) -The first trial over claims that blockbuster heartburn drug Zantac, once sold by GSK and other companies, causes cancer is set to begin this week in...
Neurocrine Biosciences’ Huntington’s disease drug gets FDA approval

Neurocrine Biosciences’ Huntington’s disease drug gets FDA approval

By Sruthi Narasimha Chari (Reuters) -The U.S. Food and Drug Administration (FDA) has approved the granule formulation of Neurocrine Biosciences' Ingrezza drug to treat movement disorders associated with Huntington's disease...
US Justice Department takes step to make marijuana use a less serious crime

US Justice Department takes step to make marijuana use a less serious crime

By Jeff Mason, Pratik Jain and Sarah N. Lynch WASHINGTON (Reuters) - The U.S. Justice Department on Tuesday moved to make marijuana use a less serious federal crime, taking a...
Stryker lifts 2024 profit forecast on strong demand for medical devices, implants

Stryker lifts 2024 profit forecast on strong demand for medical devices, implants

(Adds media packaging code) (Reuters) - Stryker Corp lifted its full-year profit forecast on Tuesday, owing to resilient demand for the company's medical devices and implants. The joint-implant maker now...
State health plans must cover gender-affirming surgery, US appeals court rules

State health plans must cover gender-affirming surgery, US appeals court rules

By Brendan Pierson (Reuters) - Health insurance plans run by U.S. states must cover gender-affirming surgeries for transgender people, a U.S. appeals court ruled on Monday. The 8-6 opinion from...
US to test ground beef in states with bird-flu outbreaks in dairy cows

US to test ground beef in states with bird-flu outbreaks in dairy cows

By Tom Polansek CHICAGO (Reuters) -The U.S. government said on Monday it is collecting samples of ground beef at retail stores in states with outbreaks of bird flu in dairy...
J&J, Bristol Myers lose challenges to US drug price negotiation program

J&J, Bristol Myers lose challenges to US drug price negotiation program

By Brendan Pierson (Reuters) - A U.S. judge on Monday rejected a challenge by Bristol Myers Squibb and Johnson & Johnson to a law requiring them to negotiate the prices...