Tag: Health care industry
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The market for psychedelic drugs to treat mental health conditions gets a big buy signal
Eli Lilly’s acquisition of psychedelic drug maker AtaiBeckley extends Big Pharma’s embrace of a stigmatized class of medications for treating mental health.
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Fat cat? Weight-loss drugs may be coming for your overweight pet
Startups are testing GLP-1 treatments for overweight cats while pet-food giants are leaning into longevity products as owners spend more on animal health.
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Trump rips Canada as wildfire smoke spreads, says U.S. will add pollution cost to tariffs
The smoke coming from active wildfires in Canada has led to unhealthy air quality in swaths of the U.S., which could affect the upcoming World Cup final.
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The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don’t expect a long-term impact
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
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World’s largest olive oil company says market has ‘definitively’ entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
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Buy the contractor before the renovation is complete: This stock’s next growth phase is taking shape
The stock is trading near the low end of historical multiples despite improving fundamentals and catalysts ahead.
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Eli Lilly to buy psychedelics maker AtaiBeckley for $2.8 billion as experimental treatments gain traction
The deal for AtaiBeckley gives Lilly access to experimental drugs based on DMT and MDMA.
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UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
The healthcare giant is working to stabilize margins by shrinking membership, exiting unprofitable contracts and pouring $1.5 billion into AI.
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Biotech’s recovery isn’t a ‘head fake.’ These 3 stocks could lead the next leg up
Biotech remains one of the market’s more out-of-favor sectors despite improving industry fundamentals. Here are three stocks trading near multiyear lows.
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A tiny GLP-1 implant is the latest bet to help patients maintain their weight loss
Vivani Medical is developing an implant of semaglutide, the active ingredient in Novo Nordisk’s obesity injection Wegovy and diabetes counterpart Ozempic.
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