Health care industry – Techwen

Founders of Amazon’s PillPack launch health-care marketplace startup

Founders of Amazon’s PillPack launch health-care marketplace startup

General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen. General Medicine After selling online pharmacy PillPack to Amazon seven years ago, the founding team is launching a new company that aims to make the experience of getting medical care “as easy as shopping online.” PillPack founders TJ Parker and Elliot Cohen on Thursday launched a … Read more

UnitedHealthcare faces backlash and stock price decline

UnitedHealthcare faces backlash and stock price decline

Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024. Stephen Maturen | Getty Images News | Getty Images It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023. … Read more

FDA outlines stricter Covid vaccine approval standards

FDA outlines stricter Covid vaccine approval standards

Brandon Guerrero, of Compton, California, is given both a flu and Covid vaccine at CVS in Huntington Park, California, Aug. 28, 2024. Christina House | Los Angeles Times | Getty Images The Food and Drug Administration on Tuesday outlined new regulatory guidance for future Covid-19 vaccine boosters, setting stricter approval standards for healthy Americans.  The … Read more

Novo Nordisk bets on new CEO to regain weight loss drug edge over Eli Lilly

Novo Nordisk bets on new CEO to regain weight loss drug edge over Eli Lilly

A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024.  Tom Little | Reuters Novo Nordisk is banking on fresh leadership to help it reclaim the crown in the booming weight loss drug market. The Danish drugmaker on Friday abruptly announced that … Read more

UnitedHealth Group shares plunge on report of DOJ investigation

UnitedHealth Group shares plunge on report of DOJ investigation

Bloomberg | Bloomberg | Getty Images Shares of UnitedHealth Group plunged more than 13% on Thursday following a report that the Department of Justice is conducting a criminal investigation into the health-care giant over possible Medicare fraud. The DOJ is focusing on the company’s Medicare Advantage business practices, but the exact nature of the potential … Read more

Trump most favored nations drug price executive order: What to know

Trump most favored nations drug price executive order: What to know

President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump on Monday moved forward with a plan to lower U.S. … Read more

Walgreens doubles down on robots to fill prescriptions amid turnaround

Walgreens doubles down on robots to fill prescriptions amid turnaround

A robotic arm fills prescriptions at a Walgreens’ micro-fulfillment center. Courtesy: Walgreens As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation.  The company is expanding the number of retail stores served by its micro-fulfillment centers, which use robots to fill thousands of prescriptions for patients who take medications to … Read more

Trump signs order to boost U.S. drug manufacturing

Trump signs order to boost U.S. drug manufacturing

U.S. President Donald Trump speaks before signing executive orders in the Oval Office at the White House, in Washington, D.C., U.S., May 5, 2025. Leah Millis | Reuters President Donald Trump on Monday signed an executive order to incentivize drug manufacturing in the U.S., streamlining the path for pharmaceutical companies to build new production sites … Read more

Pfizer (PFE) earnings Q1 2025

Pfizer (PFE) earnings Q1 2025

The Pfizer logo is seen outside the pharmaceutical company’s manufacturing plant, in Newbridge, Ireland February 10, 2025.  Clodagh Kilcoyne | Reuters Pfizer on Tuesday expanded its cost-cutting efforts and reported first-quarter profit that topped estimates, even as the company’s sales fell, largely due to dwindling revenue for its antiviral Covid pill Paxlovid. The company previously … Read more

Novo Nordisk legal win bars many compounded Wegovy, Ozempic drugs

Novo Nordisk legal win bars many compounded Wegovy, Ozempic drugs

Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy are pictures while the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025.  Mads Claus Rasmussen | Afp | Getty Images Novo Nordisk scored a huge legal victory that … Read more