Bankrupt Steward Health puts its hospitals up for sale, discloses $9 billion in debt
By Dietrich Knauth NEW YORK (Reuters) - Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total liabilities, its attorneys said at a ...
7h ago
Florida sues Biden administration over new transgender healthcare rule
By Brendan Pierson (Reuters) - Florida's top prosecutor and a Catholic medical group on Tuesday sued the Biden administration in an effort to block a rule that they say will force doctors to provide gender transition care against their judgment or ...
10h ago
US FDA panel to discuss Eli Lilly Alzheimer's drug on June 10
(Reuters) - Eli Lilly said on Tuesday a panel of independent U.S. FDA advisers will discuss whether the agency should approveits Alzheimer's disease drug, donanemab, on June 10. A possible approval for donanemab would pit it against a similar thera...
13h ago
Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
(Reuters) - Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker's efforts to expand its key brands. Since its spinoff from Johnson & Johnson in ...
15h ago
Fresenius Medical beats earnings expectations, keeps outlook; shares sink
By Bartosz Dabrowski (Reuters) - Fresenius Medical Care beat first-quarter operating earnings expectations on Tuesday amid higher pricing and cost-cut savings, but the German company still maintained its profit outlook for 2024, sending its shares ...
19h ago
US Social Security, Medicare finances get slight boost from stronger economy
WASHINGTON (Reuters) - Trust funds supporting Social Security and Medicare benefits for U.S. seniors are showing some improvement due to stronger-than-forecast economic growth, productivity and immigration that is boosting revenue collections, acco...
May 06, 2024
US CDC asks states to make worker protective gear available to combat bird flu
(Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it had met with state health officials and asked them to facilitate distribution of protective gear for farm workers to avoid infection against H5N1 bird flu. The ...
May 06, 2024
US FDA panel to discuss first psychedelic-assisted PTSD treatment next month
(Reuters) - The U.S. Food and Drug Administration's panel of independent advisers will on June 4 deliberate whether they should recommend approval for the first MDMA-assisted therapy for post-traumatic stress disorder, Lykos Therapeutics said on Mo...
May 06, 2024
Vertex tops Q1 profit estimates on robust demand for cystic fibrosis treatments
(Reuters) - Vertex Pharmaceuticals beat Wall Street estimates for first-quarter profit on Monday, driven by robust uptake for its cystic fibrosis treatments. Cystic fibrosis (CF) - an inherited disorder that causes severe damage to the lungs, diges...
May 06, 2024
New York state sues group over abortion pill reversal claims
By Brendan Pierson (Reuters) - New York state's top prosecutor on Monday sued Heartbeat International, an anti-abortion group, and 11 crisis pregnancy centers, accusing them of misleading and potentially endangering women by claiming that they can ...
May 06, 2024