Two CVS pharmacies join new national pharmacy union

Two CVS pharmacies join new national pharmacy union

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on February 7, 2024. Patrick T. Fallon | AFP | Getty Images Pharmacy staff at two CVS retail stores in Rhode Island voted to join a new national pharmacy union on Friday, signaling growing momentum in … Read more

What to know about human cases, vaccines

What to know about human cases, vaccines

Cows are seen standing in a feedlot on June 14, 2023 in Quemado, Texas. Brandon Bell | Getty Images U.S. health officials are monitoring and preparing to combat bird flu in humans, even as they stress that the risk to the general public remains low.  A strain of bird flu called H5N1 has been confirmed … Read more

Eli Lilly invests to increase Mounjaro, Zepbound supply

Eli Lilly invests to increase Mounjaro, Zepbound supply

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Friday said it is investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana, to boost supply of its highly popular weight loss drug Zepbound, diabetes treatment … Read more

This up-and-coming cancer treatment could be a $25 billion market opportunity

This up-and-coming cancer treatment could be a  billion market opportunity

Skynesher | E+ | Getty Images Big pharma is betting billions on an up-and-coming class of cancer treatments that some on Wall Street are calling a “massive opportunity.” It’s called targeted radiopharmaceutical therapy. It essentially delivers radiation directly into tumors by attaching a radioactive particle to a targeting molecule. RBC Capital Markets sees a $25 … Read more

The stock market gets nailed by the Fed, again. Plus, Starbucks’ quiet comeback

The stock market gets nailed by the Fed, again. Plus, Starbucks’ quiet comeback

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Fed foils stocks : The market … Read more

Pfizer announces new cost cutting program

Pfizer announces new cost cutting program

Exterior view of the Pfizer headquarters building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said it has launched a new multiyear program to reduce costs as it works to rebound from the rapid decline of its Covid business.  The announcement is in addition … Read more

New Covid FLiRT variants spark concerns of a summer spike

New Covid FLiRT variants spark concerns of a summer spike

Woman wearing face masksto protect against Covid-19 on 7th April 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — New strains of Covid-19 are spreading globally, raising concerns among health professionals about a possible summer spike in cases, four-and-a-half years since the onset of the pandemic. The FLiRT variants … Read more

Eli Lilly, Novo Nordisk develop weekly insulin

Eli Lilly, Novo Nordisk develop weekly insulin

A patient injects herself with an insulin pen. Guido Krzikowski | Bloomberg | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! The rivalry between Eli Lilly and Novo Nordisk extends beyond a buzzy class of weight loss and diabetes drugs called GLP-1s.  … Read more

Activist willingness to buy an Abbott rival, look past baby formula suits

Activist willingness to buy an Abbott rival, look past baby formula suits

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) No big swings : The market … Read more

Eli Lilly stock hits new highs after a regulatory win in China. This is a big deal

Eli Lilly stock hits new highs after a regulatory win in China. This is a big deal

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. The Nasdaq edged lower Tuesday, pulling back from record highs the session before. Jim Cramer described the market as overall “benign,” while the S & P 500 and Dow also … Read more