By Brendan Pierson (Reuters) -Drug manufacturers can limit healthcare providers’ use of outside pharmacies for dispensing drugs under a federal drug discount program, a federal appeals court rul[...]
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Health
Sanofi to let go of staff at vaccine plants in India as part of review
By Leroy Leo (Reuters) – French drugmaker Sanofi SA is reviewing operations at two of its vaccine making facilities in India and plans to let go of all employees at the plants, the company told[...]
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Paxlovid sales forecasts may change with Pfizer view on China
By Manas Mishra and Michael Erman (Reuters) – Clarity from Pfizer Inc this week on whether China’s relaxation of its Zero-COVID policy and the surge in infections there will lead to a spik[...]
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Exclusive-India’s LIC reviews Adani response to short seller’s allegation
By Nikunj Ohri NEW DELHI (Reuters) -State-run Life Insurance Corporation (LIC), India’s largest insurer, is reviewing Adani Group’s response to scathing criticism by a U.S. short-seller an[...]
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Bayer investor calls for swift replacement of CEO: newspaper
FRANKFURT (Reuters) – Bayer investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on the German drugmaker. “Bayer nee[...]
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Walmart, CVS Health adjust pharmacy hours amid labor crunch
(Reuters) – Walmart Inc said on Friday it would adjust working hours for its U.S. pharmacy team and implement it nationwide in 4,600 locations, with drugstore operator CVS Health Corp doing the[...]
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Tissue maker Essity sees bigger energy hit after earnings beat
(This Jan. 26 story has been corrected to show Essity’s energy costs were helped by subsidies, not that it received 500 million Swedish crowns in energy-related subsidies, in the fifth paragraph[...]
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U.S. Senator Warren ‘particularly concerned’ about Amgen, Indivior deals
WASHINGTON (Reuters) -Sen. Elizabeth Warren, an outspoken critic of corporate consolidation, wrote to the U.S. Federal Trade Commission to express concern about two pending pharmaceutical deals. In a[...]
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China’s luxury shoppers free to travel, but many buy locally
By Alessandro Diviggiano SANYA, China (Reuters) – China’s scrapping of travel curbs this month is expected to revive demand in the global luxury retail market, but many consumers see more[...]
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