Health

FDA threatens to fine Walmart, Kroger for selling tobacco to minors

The Federal Drug Administration threatened to fine Walmart, Kroger, Family Dollar as well as also more than a half dozen convenience store as well as also gas station chains for illegally selling tobacco products to minors. The agency cited high rates of violations in nearly identical letters sent to retailers last week. In addition to the retailers above, 7-Eleven, BP, ...

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Health-care stocks plunge as lawmakers threaten action on drug prices

Health-care stocks were poised to end the week inside the red Friday after lawmakers on Capitol Hill threatened to write fresh laws tightening control over the nation’s largest pharmacy benefit mangers to curb skyrocketing drug costs. The Trump administration’s legal challenge to former President Barack Obama’s signature health insurance law, the Affordable Care Act, along with Sen. Bernie Sanders’ fresh ...

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Bristol-Myers shareholders approve $74 billion Celgene deal

Bristol-Myers Squibb shareholders approved the pharmaceutical giant’s $74 billion acquisition of cancer drugmaker Celgene in a vote on Friday. The deal, announced in January, was a hard sell to Bristol shareholders by the start, along with also the approval concludes a tumultuous period for Bristol, which saw pushback by institutional investors. The acquisition adds about $32 billion in fresh debt ...

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Republican Sen. Chuck Grassley doubts Obamacare will be ruled unconstitutional

Senate Finance Committee Chairman Chuck Grassley doesn’t believe a lawsuit challenging the Affordable Care Act’s constitutionality will succeed, the Iowa Republican told the Des Moines Register on Thursday. “I don’t believe the courts are going to strike the idea down,” Grassley said, adding of which Republicans don’t have to work on a replacement for the 2010 health care law because ...

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Helium shortage will be hitting balloons in addition to also also scientific research

Currently, helium cannot be produced efficiently in addition to also also economically. The few ways the idea can be harvested includes extraction through natural underground deposits, or through the production of natural gas in which helium will be a byproduct. As helium will be a very light gas, the idea has to be captured quickly, or the idea will float ...

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Rite Aid will start selling CBD products in 2 states

Rite Aid said the idea will start selling CBD creams, lotions in addition to lip balms in Washington in addition to Oregon This kind of month, following various other drugstore chains in testing public demand for cannabis-based consumer products, the company announced Thursday. “Rite Aid has heard via many customers about their interest in purchasing CBD products,” the company said ...

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Fertility doctors say healthy ‘three-parent baby’ born in Greece

Fertility doctors in Greece along with Spain claim they made medical history after a healthy baby boy was born using the genetic information coming from three parents. The unidentified infant was born Tuesday in Greece, weighing about 6 pounds, the doctors said. The mother, an infertile 32-year-old woman coming from Greece, along with the newborn child are said to be ...

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Rite Aid Q4 2019 earnings

Rite Aid on Thursday posted mixed fourth-quarter earnings results in addition to gave a weak forecast for the upcoming fiscal year. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: A loss of 1 cent, adjusted, vs. a loss of 2 cents expected Revenue: $5.38 billion ...

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Walgreens partners with VillageMD to offer primary care in Houston

Walgreens will open primary care doctors’ offices in some of its Houston stores through a partnership with VillageMD, the companies announced Wednesday. VillageMD will operate primary care clinics in all 5 Walgreens stores, working with social workers, nurses along with Walgreens’ pharmacists. The 2,500-square-foot offices will be inside the Walgreens stores, though they will have a separate storefront along having ...

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Sanofi sets a fixed cost of insulin at $99 per month for some patients

Sanofi said Wednesday the idea will sell monthly supplies of insulin for a fixed cost of $99 for patients paying with cash inside the U.S. as the pharmaceutical giant faces intense pressure by the Trump administration along with Congress to lower the cost of its nearly 100-year-old, life-saving medication. The move can be a pre-emptive one as the French drugmaker ...

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