Latest Prescription drugs News

Stock market today: Wall Street rises at the start of a holiday-shortened week

Dec. 23, 2024 17:20 PM EST

Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain....

How major US stock indexes fared Monday, 12/23/2024

Dec. 23, 2024 16:38 PM EST

Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq...

DOJ files complaint against CVS for facilitating unlawful sale of prescription opioids

Dec. 18, 2024 19:43 PM EST

The Justice Department unsealed a civil complaint Wednesday alleging CVS Pharmacy Inc. and various subsidiaries filled “unlawful” prescriptions in violation of the federal Controlled Substances Act. The complaint also says CVS sought reimbursement from federal health care...

What Americans think of Robert F. Kennedy Jr. and his health stances

Dec. 18, 2024 13:54 PM EST

WASHINGTON (AP) — The kids seen by Dolores Mejia around suburban Phoenix have been growing heavier in recent years. Their parents, too, she says. Mejia, a 75-year-old retiree, says she's also had her own weight struggles on the scale. That's why Robert F. Kennedy...

Trump says he's a 'believer' in polio vaccine, and other news conference takeaways

Dec. 16, 2024 17:18 PM EST

President-elect Donald Trump on Monday held a wide-ranging news conference in which he said he would preserve access to the polio vaccine but equivocated on other vaccines, pledged to look at bringing down the costs of pharmaceuticals and expressed doubts that his daughter-in-law might be Florida's...

McKinsey & Company agrees to pay $650M for helping Purdue Pharma boost opioid sales

Dec. 13, 2024 15:01 PM EST

BOSTON (AP) — McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work to help opioids manufacturer Purdue Pharma boost the sales of the highly addictive drug OxyContin, according to court papers filed in Virginia on Friday. ...

Man who jumped a desk to attack a Nevada judge in the courtroom is sentenced

Dec. 10, 2024 22:09 PM EST

LAS VEGAS (AP) — A man who was captured on video attacking a judge in a Las Vegas courtroom after vaulting over her bench and desk has been sentenced to decades in prison. Deobra Redden was ordered on Tuesday to serve between 26 and 65 years in a Nevada prison for the attack on...

How should the opioid settlements be spent? Those hit hardest often don’t have a say

Dec. 09, 2024 08:48 AM EST

People with substance use disorder across the country are not getting a formal say in how most of the approximately $50 billion in opioid lawsuit settlement money is being used to stem the crisis, a new analysis found. Some advocates say that is one factor in why portions of the...

Nearly 30% of US drugstores closed in one decade, study shows

Dec. 03, 2024 18:10 PM EST

Nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021, new research shows. Black and Latino neighborhoods were most vulnerable to the retail pharmacy closures, which can chip away at already-limited care options in those communities,...

Better drugs through AI? Insitro CEO on what machine learning can teach Big Pharma

Dec. 02, 2024 14:14 PM EST

WASHINGTON (AP) — Artificial intelligence is changing the way companies do business — helping programmers write code and fielding customer service calls with chatbots. But the pharmaceutical industry is still waiting to see whether AI can tackle its biggest challenge: finding...