Latest Prescription drugs News

Cardinal: Fiscal Q2 Earnings Snapshot

Jan. 30, 2025 06:55 AM EST

DUBLIN, Ohio (AP) — DUBLIN, Ohio (AP) — Cardinal Health Inc. (CAH) on Thursday reported fiscal second-quarter earnings of $400 million. The Dublin, Ohio-based company said it had net income of $1.65 per share. Earnings, adjusted for one-time gains and costs, were $1.93 per share....

Greece says migrant health data stolen by drug trafficking network run by doctors, pharmacists

Jan. 24, 2025 13:48 PM EST

ATHENS, Greece (AP) — Greek authorities said Friday they dismantled a criminal network accused of exploiting migrant health care identification numbers to illegally distribute psychiatric medications and other prescription drugs. Police reported the arrest of six individuals: two...

Mississippi House passes pharmacy benefit manager transparency bill

Jan. 24, 2025 11:34 AM EST

A bill that aims to increase pharmacy benefit managers’ transparency by requiring them to report data to the agency that oversees pharmacy practice in Mississippi passed in the House of Representatives Thursday. But the Board of Pharmacy and some pharmacists say the legislation...

Wisconsin's Evers calls for gun control measures and a bipartisan approach to immigration

Jan. 22, 2025 21:49 PM EST

MADISON, Wis. (AP) — Wisconsin Democratic Gov. Tony Evers used his seventh State of the State speech Wednesday to urge the Republican-controlled Legislature to enact a wide range of proposals they have rejected in the past, including numerous gun control measures just a month after there was a...

US accuses Walgreens of filling millions of illegitimate prescriptions, including for opioids

Jan. 17, 2025 20:03 PM EST

DEERFIELD, Ill. (AP) — The U.S. Justice Department is accusing Walgreens of filling millions of prescriptions in the last decade and more without a legitimate purpose, including for dangerous amounts of opioids, according to a lawsuit filed this week. Filed in the U.S. District...

UnitedHealth tops profit forecasts but medical costs linger for health care giant

Jan. 16, 2025 11:23 AM EST

UnitedHealth posted a better-than-expected profit in the final quarter of 2024, but a nagging rise in medical costs and care utilization surprised Wall Street. Shares of the health care giant slid Thursday after it released its first financial report since the brazen shooting of one...

Biden promised to turn the page on Trump. Now he's being replaced by him

Jan. 15, 2025 21:48 PM EST

WASHINGTON (AP) — Joe Biden promised nothing short of a national exorcism when he took office. He wanted to “restore the soul" of the country and prove that Donald Trump was only a footnote in the American story, not its next chapter. The pitch was “let's try to get things...

Surging job market could prove costly for households, businesses as odds of quick rate cuts fade

Jan. 10, 2025 20:58 PM EST

WASHINGTON (AP) — U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers and businesses who were counting on sharply lower interest rates to lower the cost of buying everything from refrigerators to homes. ...

Walgreens tops Wall Street's expectations as drugstore chain continues turnaround plan

Jan. 10, 2025 11:12 AM EST

Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore chain's plan to revive its struggling business. Company shares soared Friday after leaders told analysts they have made progress improving one of the biggest...

US 'notorious markets' report warns of risks from online pharmacies

Jan. 09, 2025 23:43 PM EST

BANGKOK (AP) — Nearly all of the world’s 35,000 online pharmacies are being run illegally and consumers who use them risk getting ineffective or dangerous drugs, according to the U.S. Trade Representative’s annual report on “ notorious markets.” The report also singled out 19 countries...