Indivior says Reckitt settlement in U.S. unrelated to its cases
(Reuters) – Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Colgate to buy skin care business of France’s Filorga for $1.69 billion
FILE PHOTO – Anti-ageing cosmetics by French Laboratoires Filorga are displayed at the company’s showroom in Paris, France, September 23,…
S&P 500, Dow climb as health insurers, financials gain
NEW YORK (Reuters) – The Dow and S&P 500 rose on Thursday to close at record highs as health insurers…
Nike goes ahead with investment in new Arizona manufacturing plant
FILE PHOTO: A customer is reflected in a shop window decorated with Nike store logo at the outlet village Belaya…
Ford, Volkswagen promise details on electric, autonomous vehicle alliance
HAMBURG/DETROIT (Reuters) – Ford Motor Co and Volkswagen AG (VOWG_p.DE) said on Thursday they are expanding their global alliance announced…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
White House scraps key plan to lower U.S. drug prices; may target drugmakers
NEW YORK/WASHINGTON (Reuters) – The Trump administration on Thursday scrapped one of its most ambitious proposals for lowering prescription medicine…
CannTrust slumps after Health Canada finds unlicensed pot cultivation
(Reuters) – CannTrust Holdings Inc’s shares plunged about 23% to a more than one-and-half-year low on Monday, after Health Canada…
Novartis to sell epinephrine shot in U.S. pharmacies amid EpiPen shortage
(Reuters) – Novartis AG (NOVN.S) said on Tuesday it would make its generic pre-filled epinephrine shots immediately available in local…
Novartis to sell epinephrine injector in U.S. pharmacies amid EpiPen shortage
FILE PHOTO: EpiPen auto-injection epinephrine pens manufactured by Mylan NV pharmaceutical company for use by severe allergy sufferers are seen…
UK competition regulator puts brake on Amazon’s Deliveroo deal
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while…
Arizona cancels incentive for Nike plant after ‘terrible decision’ to recall sneaker: governor
(Reuters) – Arizona’s governor on Tuesday withdrew a $1 million incentive for Nike Inc (NKE.N) to build a plant in…
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
(Reuters) – Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still…
Tesla delivers record number of electric cars in quarter, shares up 7%
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) set a record for quarterly vehicle deliveries in a triumphant response to months…
Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion
FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield…
U.S. recorded 18 new cases of measles last week
FILE PHOTO: Lead medical assistant Fengmei Lin holds a vial of the measles, mumps, and rubella virus (MMR) vaccine at…
FDA ties three deaths to Edwards Lifesciences’ recalled heart devices
(Reuters) – The U.S. Food and Drug Administration said on Monday three deaths had been reported related to Edwards Lifesciences…
Proxy adviser Glass Lewis recommends EQT shareholders vote for company’s nominees
(Reuters) – Proxy adviser Glass Lewis & Co has recommended that investors in natural gas producer EQT Corp vote in…
Mothers’ education can matter for diabetic kids
Family background can matter for the health of diabetic children, according to researchers in Denmark who found young patients’ blood…
Wall St. wraps up its best June in decades as G20 convenes
NEW YORK (Reuters) – Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing…
Wall St. wraps up its best June in decades as G20 convenes
NEW YORK (Reuters) – Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing…
U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals
FILE PHOTO: Tyson food meat products are shown in this photo illustration in Encinitas, California May 29, 2014. REUTERS/Mike Blake…
FedEx profit beats estimates, warns of pain in 2020 from trade war
(Reuters) – Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China…
Micron says some Huawei shipments resumed, shares rise
(Reuters) – Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects…
Juul loses home turf as San Francisco bans e-cigarette sales
(Reuters) – San Francisco will become the first major city in the United States to ban the sale of e-cigarettes…
FedEx confirms Huawei mail ban as new ‘mistake’ reignites Chinese ire
(Reuters) – FedEx Corp has apologized for another Huawei delivery “mistake,” reigniting Chinese ire and drawing the fire of state…
WarnerMedia names Ann Sarnoff as CEO of Warner Bros
FILE PHOTO: Ann Sarnoff, Chief Operating Officer of BBC Worldwide America, speaks during the 2011 Bloomberg Media Summit in New…
Conatus Pharma to explore options as liver disease drug fails trial
(Reuters) – Conatus Pharmaceuticals Inc said on Monday it plans to explore options and implement a restructuring plan after its…
Teleflex recalls breathing tubes worldwide after reports of 4 deaths
(Reuters) – Teleflex Inc said on Monday it plans to recall some lots of its Hudson RCI Sheridan endotracheal tubes…
Velodyne Lidar hires bankers for an IPO: Business Insider
A Velodyne LiDAR sensor is seen mounted on a self-driving vehicle during a self-racing cars event at Thunderhill Raceway in…
FDA declines to approve Daiichi Sankyo’s blood cancer treatment
(Reuters) – Japan’s Daiichi Sankyo Co said on Friday the U.S. Food and Drug Administration has declined to approve its…
Bang-up week on Wall Street ends with a whimper
(Reuters) – Wall Street edged lower on Friday, as U.S. Vice President Mike Pence’s decision to defer a speech on…
Amazon gets U.S. patent to use delivery drones for surveillance service
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal…
FDA approves drug for loss of sexual desire in women
(Reuters) – The U.S. drug regulator on Friday approved Palatin Technologies and Amag Pharmaceuticals’ drug to restore sexual desire in…
Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma
(Reuters) – Pfizer Inc on Monday said it would buy Array Biopharma Inc for $10.64 billion in cash, a deal…
VBI’s shares plunge after hep B vaccine fails secondary goal in late-stage trial
(Reuters) – VBI Vaccines Inc said on Monday a late-stage study was unsuccessful in showing two doses of its hepatitis…
U.S. records 22 new measles cases, bringing year’s total to 1,044
(Reuters) – The United States recorded 22 new measles cases last week, bringing the year’s total number of cases to…
When elders leave hospital, falls are big reason they return
(Reuters Health) – Preventing falls among elderly patients who’ve just left the hospital is an important part of keeping them…
Deutsche Bank to set up 50 billion euro bad bank: FT
FILE PHOTO: Employees of Germany’s largest business bank, Deutsche Bank, gather ahead of the bank’s annual shareholder meeting in Frankfurt,…
Goldman Sachs combining its private-investing units: WSJ
FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York…
Trump presses Lockheed to keep open a Pennsylvania plant slated for closure
FILE PHOTO: U.S. President Donald Trump greets Lockheed Martin CEO Marillyn Hewson in front of a Lockheed Martin F-35 stealth…
Target says registers back online, blames outage on technology issue
(Reuters) – Target Corp on Saturday said its payment registers were back online after a systems outage stopped customers in…
Got an antibiotic prescription from your dentist? Chances are, it might be unnecessary
(Reuters Health) – More than three-quarters of antibiotic prescriptions written by dentists before dental procedures are unnecessary and might do…
Bluebird prices gene therapy at 1.58 million euros over 5 years
(Reuters) – Bluebird bio Inc on Friday set a price for its gene therapy, Zynteglo, at 1.58 million euros ($1.78…
U.S. drugmakers file lawsuit against requiring drug prices in TV ads
FILE PHOTO: Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30,…
Wall Street ends down; Broadcom warning hits chip stocks
NEW YORK (Reuters) – U.S. stocks ended lower on Friday as investors were cautious going into next week’s Federal Reserve…
Enanta’s lung infection therapy succeeds in mid-stage trial
(Reuters) – Enanta Pharmaceuticals Inc said on Friday its treatment for a highly contagious respiratory infection met the main goal…
Pharmacies may not stock naloxone, despite statewide orders
(Reuters Health) – More than three years after Pennsylvania issued a statewide order expanding access to the life-saving opioid antidote…
Huawei asks Verizon to pay over $1 billion for over 230 patents: source
WASHINGTON (Reuters) – Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees…
Wall St. slips; banks fall with prospect of rate cut, energy drops
NEW YORK (Reuters) – Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S.…
FAA says has no timetable for Boeing 737 MAX’s return to service
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton,…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
Boeing May deliveries fall 56% as 737 MAX grounding continues to weigh
(Reuters) – Boeing Co said on Tuesday it handed over 56% fewer airplanes in May compared with a year earlier,…
Amazon to shut restaurant delivery service in U.S
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, May 13, 2019. REUTERS/Pascal…
Beyond Meat slides after lead underwriter downgrades stock
(Reuters) – Shares of Beyond Meat Inc fell as much as 22% on Tuesday after one of the stock’s lead…
United Technologies nears deal to merge aerospace unit with Raytheon: source
(Reuters) – United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co…
Abbott device helps in cutting blood sugar in type 2 diabetics: study
(Reuters) – Insulin-dependent patients with type 2 diabetes saw a significant drop in their blood sugar levels after wearing Abbott…