Drugs

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Lars Fruergaard Jorgensen, CEO of Novo Nordisk.
Health

A rare setback as Ozempic-maker Novo Nordisk takes a $820 million hit as its next wonder drug fails

By Naomi Kresge and Bloomberg
June 27, 2024
From 2017 through 2022, rates of health care encounters involving cannabis-related disorders increased among Medicare beneficiaries, according to a new study by the Food and Drug Administration.

Baby boomers are abusing marijuana at a higher rate as more Medicare beneficiaries turn to cannabis with ‘little other safe choices for pain or sleep’

By
June 25, 2024
Lars Fruergaard Jorgensen, CEO of Novo Nordisk.
Health

Novo Nordisk plots $4.1 billion in U.S. factory amid Ozempic shortage, the same day it pulled out of its Ireland development project

By Naomi Kresge and Bloomberg
June 25, 2024
Anne Milgram
Finance

A 45-year-old Los Angeles man was charged in a $50 million scheme to launder Mexican cartel money via rich Chinese nationals who wanted luxury goods, prosecutors allege

By
June 19, 2024
A factory worker packs supplements inside a box.
Health

Mold colonies and liquid-flooded air purifiers: CVS sourced medication from tainted factories—and it has twice the amount of recalls on store-brand drugs than competitors

By
June 11, 2024
Blonde woman walking down pharmacy aisles
Politics

Biden’s plan to save money on Medicare drugs risks leaving shelves empty, pharmacists say

By Susan Jaffe and KFF Health News
June 11, 2024
Attorney General Merrick Garland speaks
Politics

Top assassin for the Sinaloa drug cartel, once described as ‘a complete psychopath’ with long history of gruesome acts, is extradited to U.S.

By
May 25, 2024
Zantac heartburn medicine are seen at a store in Mountain View, California
Retail

Victory for drugmakers GSK and Boehringer in $640 million Zantac cancer lawsuit, but thousands still to come

By Jef Feeley, Ashleigh Furlong and Bloomberg
May 24, 2024
Marijuana
Health

Weed beats booze as daily marijuana use outpaces drinking in definitive nationwide study of tens of millions of people

By Carla K. Johnson and The Associated Press
May 22, 2024
Photo of two boys riding in a cargo bike with their mother in downtown of Copenhagen
Finance

Denmark’s economy shrinks 1.8% on reduced pharma production, showing extent of Novo Nordisk dependency

By Sanne Wass and Bloomberg
May 21, 2024
Pascal Soriot, chief executive officer of AstraZeneca Plc.
Retail

AstraZeneca sets bold revenue target as CEO aims to double sales to $80 billion by 2030

By Ashleigh Furlong and Bloomberg
May 21, 2024
Justice Department formally moves to reclassify marijuana as a less dangerous drug in historic shift
Health

Justice Department formally moves to reclassify marijuana as a less dangerous drug in historic shift

By The Associated Press and Lindsay Whitehurst
May 16, 2024
Man Fills Bong With Cannabis Leaves
Companies

Employees are cheating on workplace drug tests at record rates—and legalized cannabis could be to blame

By
May 15, 2024
What Medicare beneficiaries need to know about generic medications

What Medicare beneficiaries need to know about generic medications

By
May 15, 2024
Good DeepMind CEO Demis Hassabis and John Jumper, the scientist who heads the company's protein structure team, accepting a Breakthrough Pirze for their work on AlphaFold 2.
Tech

Google DeepMind and Isomorphic Labs reveal AI able to predict large swathes of molecular biology

By
May 8, 2024

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