PE firm Advent to invest $297 million in India's Apollo Hospitals unit
BENGALURU (Reuters) -PE firm Advent International will invest 24.75 billion rupees (nearly $297 million) in Apollo Hospitals' unit Apollo HealthCo and will merge its online pharmacy vertical 'Apollo 24/7' with pharmacy distributor Keimed, the hospital ...
Apr 26, 2024
US FDA says about 1 in 5 commercial milk samples tested positive for bird flu traces
(Reuters) -About one in five samples of commercial milk in the U.S. tested positive for traces of bird flu in a national survey, with a greater proportion coming from areas with infected herds, the U.S. Food and Drug Administration said. There is no ev...
Apr 26, 2024
AbbVie raises annual profit forecast on strong Skyrizi sales
By Leroy Leo and Christy Santhosh (Reuters) - AbbVie raised its annual profit forecast on Friday after strong sales of its immunology drug Skyrizi and cancer drug Imbruvica helped the company beat Wall Street estimates for the first quarter. The c...
Apr 26, 2024
HCA beats first-quarter profit estimates on higher patient admissions
(Reuters) - HCA Healthcare on Friday beat Wall Street estimates for quarterly profit, helped by higher patient admissions due to demand for healthcare services. The hospital operator, however, reaffirmed its annual forecast. In the first quarter, H...
Apr 26, 2024
Centene raises 2024 profit forecast on strength in commercial plans
(Reuters) - Centene Corp raised annual profit forecast and beat Wall Street estimates for first-quarter profit on Friday, helped by higher premiums from its commercial insurance business. The health insurer banks more on commercial plans and state ...
Apr 26, 2024
US FDA approves Pfizer's gene therapy for rare bleeding disorder
(Reuters) - The U.S. Food and Drug Administration approved Pfizer's gene therapy for hemophilia B on Friday, the second such therapy for the rare bleeding disorder that typically requires regular infusions of a blood-clotting protein. People with h...
Apr 26, 2024
Bayer investor Deka takes a stand against CEO in annual vote
By Patricia Weiss and Ludwig Burger FRANKFURT (Reuters) - Bayer shareholder Deka Investment said on Friday it would not join other large investors in supporting the healthcare and agriculture group's management at its annual general meeting. Two ot...
Apr 26, 2024
Capsizing of Tuvalu boat carrying vaccines highlights climate change challenges, UNICEF says
By Kirsty Needham SYDNEY (Reuters) - The capsizing of a boat carrying childhood vaccines and health workers in Tuvalu underscored the challenges of healthcare in remote Pacific Islands as they battle extreme weather caused by climate change, the U....
Apr 26, 2024
Healthpeak Properties increases 2024 FFO forecast owing to higher demand
(Reuters) - Healthpeak Properties raised its annual funds from operations (FFO) forecast on Thursday, banking on resilient demand for its medical office and life science properties. The U.S. healthcare-centric real estate investment trust (REIT) ma...
Apr 26, 2024
ResMed tops quarterly profit estimates on strong demand for sleep apnea devices
(Reuters) - ResMed beat Wall Street estimates for quarterly profit on Wednesday due to strong demand for its sleep apnea devices, sending shares 9% higher in extended trading. The California-based company reported adjusted profit of $2.13 per share...
Apr 26, 2024