Latest Health care industry News

US will stretch monkeypox vaccine supply with smaller doses

Aug. 09, 2022 16:31 PM EDT

WASHINGTON (AP) — U.S. health officials on Tuesday authorized a plan to stretch the nation’s limited supply of monkeypox vaccine by giving people just one-fifth the usual dose, citing research suggesting that the reduced amount is about as effective. The so-called dose-sparing...

Major test of first possible Lyme vaccine in 20 years begins

Aug. 08, 2022 16:52 PM EDT

DUNCANSVILLE, Pa. (AP) — Researchers are seeking thousands of volunteers in the U.S. and Europe to test the first potential vaccine against Lyme disease in 20 years -- in hopes of better fighting the tick-borne threat. Lyme is a growing problem, with cases rising and warming...

Viatris, First Solar rise; Tyson Foods, Nvidia fall

Aug. 08, 2022 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Viatris Inc., up 36 cents to $10.09. The generic drugmaker beat Wall Street's second-quarter earnings and revenue forecasts. Tyson Foods Inc., down $7.35 to $80.10. ...

Pfizer buying spree continues with $5.4B hematology deal

Aug. 08, 2022 10:24 AM EDT

Pfizer will spend about $5.4 billion to buy Global Blood Therapeutics as the pharmaceutical giant continues to invest some of the cash influx reaped during the COVID-19 pandemic. Pfizer said Monday that the acquisition will boost its work in rare hematology. Global Therapeutics,...

BioNTech reports strong first half, expects demand to grow

Aug. 08, 2022 09:08 AM EDT

BERLIN (AP) — BioNTech, which teamed with Pfizer to develop a powerful COVID-19 vaccine, has reported higher revenue and net profit in the first half of the year and expects demand to grow as it releases updated vaccines to target new omicron strains. The German pharmaceutical...

Productivity, consumer prices, Cardinal Health earns

Aug. 08, 2022 03:11 AM EDT

A look at some of the key business events and economic indicators upcoming this week: ECONOMIC BELLWETHER Economists project that U.S. worker productivity fell in the April-June period for the second consecutive quarter. The Labor Department is expected...

Senate Democrats pass budget package, a victory for Biden

Aug. 07, 2022 18:48 PM EDT

WASHINGTON (AP) — Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warming, moderating pharmaceutical...

What's in Democrats' big bill? Climate, health care, savings

Aug. 07, 2022 18:45 PM EDT

WASHINGTON (AP) — Not as robust as the proposal President Joe Biden once envisioned to rebuild America's public infrastructure and family support systems, the Democrats' compromise of health care, climate change and deficit-reduction strategies is still a substantial undertaking. ...

Dems' climate, energy, tax bill clears initial Senate hurdle

Aug. 07, 2022 01:27 AM EDT

WASHINGTON (AP) — Democrats pushed their election-year economic bill toward Senate approval early Sunday, starting the sprawling collection of President Joe Biden’s priorities on climate, energy, health and taxes on a pathway that the party hopes will end in final congressional passage by the...

Biden team, Eli Lilly condemn new Indiana abortion ban

Aug. 06, 2022 15:23 PM EDT

INDIANAPOLIS (AP) — The administration of President Joe Biden and one of Indiana's largest employers have condemned the state's new ban on abortions, with the White House calling it another extreme attempt by Republicans to trample women's rights. Indiana on Friday became the first...