UnitedHealth’s guidance cut may mean trouble for more insurers

UnitedHealth’s guidance cut may mean trouble for more insurers

The logo of UnitedHealth appears on the side of one of its office buildings in Santa Ana, California, on April 13, 2020. Mike Blake | Reuters UnitedHealth Group‘s stock sank 20% on Thursday after the company slashed its annual profit forecast, citing higher-than-expected medical costs in its privately run Medicare plans.  Those bleak results from … Read more

Eli Lilly weight loss pill orforglipron clears first late-stage trial

Eli Lilly weight loss pill orforglipron clears first late-stage trial

Eli Lilly on Thursday said its daily obesity pill met the company’s goals in the first of several late-stage trials, helping patients with Type 2 diabetes lower their blood sugar and body weight and showing safety comparable with popular injections on the market.  The trial results are among the pharmaceutical industry’s most closely watched studies … Read more