Tag: Breaking News: Business

Trump administration removes around 760,000 Obamacare enrollments, alleging fraud

September 22, 2026 Admin No Comments

An Obamacare sign is displayed outside an insurance agency on Nov. 12, 2025, in Miami. Joe Raedle | Getty Images News | Getty Images The Centers for Medicare and Medicaid Services said on Tuesday it canceled roughly 315,000 Affordable Care Act marketplace enrollments covering about 760,000 people last month, alleging unauthorized enrollments, characterized by Vice…

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FDA approves daily HIV pill from Gilead designed to simplify treatment for some patients

August 28, 2026 Admin No Comments

The Food and Drug Administration approved a once-daily HIV pill from Gilead that could help simplify care for some patients, the company announced Thursday. The drug, marketed as Bixlenvo, is aimed at patients whose virus is already under control but who remain on complicated treatment regimens. It could also appeal to those who simply want…

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Novo Nordisk shares dive after heart medicine fails trial, dealing another blow to its pipeline

July 31, 2026 Admin No Comments

Shares of Novo Nordisk fell as much as 10% on Friday after the drugmaker said a late-stage heart drug trial failed to reduce major adverse cardiovascular events, or MACE, compared to a placebo. While the experimental medicine, ziltivekimab, did show some biological effect, it didn’t translate into a statistically meaningful reduction in MACE, defined as…

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Planet Fitness stock plunges 30% after company slashes guidance, cancels planned price hikes

May 7, 2026 Admin No Comments

People work out at a Planet Fitness in Alexandria, Virginia, on Jan. 8, 2024. Leah Millis | Reuters Shares of Planet Fitness plunged more than 30% Thursday after the company reported a drag on sign-ups and trimmed its guidance. The stock was having its worst day ever, as of midday trading. Even though the fitness…

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Novo Nordisk sues Hims & Hers over copycat versions of Wegovy drugs; Hims stock falls 18%

February 9, 2026 Admin No Comments

Novo Nordisk on Monday said it is suing online telehealth provider Hims & Hers for mass marketing cheaper, unapproved copies of the drugmaker’s new Wegovy obesity pill and injections in the U.S. Novo is asking the court to permanently ban Hims from selling compounded versions of its drugs that infringe on the company’s patents and…

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What obesity drugmakers see next in the market: More pills, easier access and drug combinations

January 23, 2026 Admin No Comments

A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, Jan. 15, 2026. George Frey | Bloomberg | Getty Images The future of the booming obesity drug market won’t hinge on drugs that deliver greater weight loss alone. Top executives from drugmakers big and small told CNBC that the next phase…

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First GLP-1 pill for obesity from Novo Nordisk launches in the U.S.

January 5, 2026 Admin No Comments

The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, on the outskirts of Copenhagen, Nov. 24, 2025. Tom Little | Reuters Novo Nordisk will start rolling out the first-ever GLP-1 pill for weight loss in the U.S. on Monday, the company announced, marking a new chapter of obesity…

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Inside the dealmaking that pushed Trump to reclassify pot, expand access

December 19, 2025 Admin No Comments

President Donald Trump‘s move Thursday to sign an executive order easing federal restrictions on marijuana — and clearing the way for a Medicare pilot program covering CBD — caps a coordinated, yearlong push by the cannabis industry that combined traditional lobbying, sizable political donations, data-driven messaging and direct outreach to the president’s inner circle, industry…

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RFK Jr.’s vaccine panel defers vote on hepatitis B shot for babies until Friday

December 4, 2025 Admin No Comments

Health and Human Services Secretary Robert F. Kennedy Jr.’s hand-picked vaccine committee on Thursday deferred crucial votes on hepatitis B vaccines for babies until Friday, saying it will give members more time to review proposed language on the measure. One panel member, Dr. Cody Meissner, a professor of pediatrics at the Dartmouth Geisel School of…

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Novo Nordisk cuts direct-to-consumer prices for Wegovy, Ozempic to $349 a month

November 17, 2025 Admin No Comments

Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it has cut the direct-to-consumer prices of its blockbuster weight loss drug Wegovy and diabetes counterpart Ozempic, adding to efforts by the company and the Trump administration to…

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