Health
US FDA reports 561 deaths linked to Philips machines since 2021
The U.S. Food and Drug Administration said Wednesday there have been 561 deaths since 2021 linked to Philips recalled ventilator and obstructive sleep apnea products.
GSK settles another Zantac lawsuit in California
GSK said it had agreed to settle another California lawsuit alleging that its discontinued heartburn drug Zantac caused cancer. The case, which was due to
Novo Nordisk will more than double shipments of lower-dose Wegovi to the US
Novo Nordisk will more than double shipments of lower doses of its obesity drug Wegovy to the U.S. compared with previous months, Chief Executive Officer
Pfizer reported a surprise Q4 profit, but sales of key products fell
Pfizer reported a surprise quarterly profit Tuesday, helped by cost cuts and better-than-expected demand for its COVID drug Paxlovid, but sales of some high-end products
GSK posts strong growth thanks to Haleon spin-off and vaccines push
GSK beat market estimates in its fourth-quarter results and unveiled an upbeat forecast for 2024 and beyond on the acceleration of its vaccines and cancer
Rise in reports of fake weight loss drugs linked to a shortage of real drugs
The World Health Organisation has warned that a global shortage last year of popular diabetes drugs that are also used for weight loss, such as
Gilead Sciences increases stake in oncology company Arcus Biosciences to 33%
Gilead Sciences has announced that it has increased its stake in Arcus Biosciences to 33% and expanded its presence on the company’s board of directors
Bayer shares fell almost 6% due to a court order to pay $2.25bn in damages
Bayer shares fell 5.7 per cent after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount in an ongoing
UK government to ban disposable vapes
UK Prime Minister Rishi Sunak will on Monday announce plans to ban the sale of disposable vapes to prevent children from using them and reiterate
Philips reaches agreement with the FDA over the recall of ventilators
Dutch health technology company Philips said on Monday it had reached an agreement on settlement terms with the US Food and Drug Administration (FDA) over