Latest Prescription drugs News

Trump taps a Fox News personality, a surgeon and a former Congressman to lead public health agencies

Nov. 22, 2024 22:51 PM EST

WASHINGTON (AP) — President-elect Donald Trump on Friday nominated Dr. Marty Makary to lead the Food and Drug Administration, selecting a surgeon and author who gained national attention for opposing vaccine mandates and some other public health measures during the COVID-19 pandemic. ...

Rapper NBA YoungBoy pleads guilty in Utah prescription drug fraud ring

Nov. 18, 2024 18:39 PM EST

LOGAN, Utah (AP) — A Louisiana-based rap artist pleaded guilty Monday to his role in a large-scale prescription drug fraud ring that operated out of his multimillion-dollar home in Utah. Rapper NBA YoungBoy, whose real name is Kentrell Gaulden, walked into a courtroom in Logan,...

CVS Health bulks its board up to 16 members, adds hedge fund CEO

Nov. 18, 2024 09:54 AM EST

CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital...

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...