Latest Prescription drugs News

New FDA rules for TV drug ads: Simpler language and no distractions

Nov. 14, 2024 18:17 PM EST

WASHINGTON (AP) — Those ever-present TV drug ads showing patients hiking, biking or enjoying a day at the beach could soon have a different look: New rules require drugmakers to be clearer and more direct when explaining their medications' risks and side effects. The U.S. Food and...

Harrow: Q3 Earnings Snapshot

Nov. 13, 2024 16:53 PM EST

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Harrow, Inc. (HROW) on Wednesday reported a loss of $4.2 million in its third quarter. On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 12 cents. The pharmaceutical and drug...

Marinus Pharmaceuticals: Q3 Earnings Snapshot

Nov. 12, 2024 16:12 PM EST

RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Marinus Pharmaceuticals Inc. (MRNS) on Tuesday reported a loss of $24.2 million in its third quarter. The Radnor, Pennsylvania-based company said it had a loss of 42 cents per share. The results topped Wall Street expectations....

Avadel: Q3 Earnings Snapshot

Nov. 12, 2024 07:25 AM EST

DUBLIN (AP) — DUBLIN (AP) — Avadel Pharmaceuticals PLC (AVDL) on Tuesday reported a loss of $2.6 million in its third quarter. The Dublin-based company said it had a loss of 3 cents per share. The results topped Wall Street expectations. The average estimate of six...

Cumberland: Q3 Earnings Snapshot

Nov. 07, 2024 17:12 PM EST

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Cumberland Pharmaceuticals Inc. (CPIX) on Thursday reported a loss of $1.5 million in its third quarter. The Nashville, Tennessee-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs and...

Rigel: Q3 Earnings Snapshot

Nov. 07, 2024 16:11 PM EST

SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Rigel Pharmaceuticals Inc. (RIGL) on Thursday reported third-quarter net income of $12.4 million. The South San Francisco, California-based company said it had profit of 70 cents per share. The...

McKesson: Fiscal Q2 Earnings Snapshot

Nov. 06, 2024 16:28 PM EST

IRVING, Texas (AP) — IRVING, Texas (AP) — McKesson Corp. (MCK) on Wednesday reported fiscal second-quarter net income of $241 million. The Irving, Texas-based company said it had net income of $1.87 per share. Earnings, adjusted for one-time gains and costs, came to $7.07 per...

Vanda: Q3 Earnings Snapshot

Nov. 06, 2024 16:16 PM EST

WASHINGTON (AP) — WASHINGTON (AP) — Vanda Pharmaceuticals Inc. (VNDA) on Wednesday reported a loss of $5.3 million in its third quarter. The Washington-based company said it had a loss of 9 cents per share. The biopharmaceutical company posted revenue of $47.7...

New CEO at CVS begins to build his team with a goal of reviving the struggling health care giant

Nov. 06, 2024 12:43 PM EST

AP Health Writer (AP) — CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging. Shares jumped Wednesday along with markets as a whole surged...

Nunn, Hinson, Feenstra win reelection as Iowa GOP seeks to hold onto all 4 House seats

Nov. 06, 2024 02:46 AM EST

DES MOINES, Iowa (AP) — Incumbent Republican Zach Nunn fought off a strong challenge from Democrat Lanon Baccam Tuesday as Iowa Republicans sought to hold onto all four of the state's congressional seats. Nunn narrowly defeated Baccam in Iowa's 3rd District, which includes much of...