Health
October 11, 2024
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Pharmacy deserts are appearing across U.S. as Rite Aid, Walgreens, CVS drug store closures spread

A shuttered Rite Aid store in New Lebanon, Ohio. Kevin Williams New Lebanon, Ohio, population 3,756, has three dollar stores, a Groceryland grocery store, a few fast-food restaurants, a public library branch, and a spirit-filled school system. What it doesn’t have is a pharmacy. As part of Rite Aid’s bankruptcy filing in October 2023, the chain announced […]

Health
October 10, 2024
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Microsoft announces new AI tools to help ease workload for doctors and nurses

Microsoft on Thursday announced new health-care data and artificial intelligence tools, including a collection of medical imaging models, a health-care agent service and an automated documentation solution for nurses.  The tools aim to help health-care organizations build AI applications quicker and save clinicians time on administrative tasks, a major cause of industry burnout. Nurses spend […]

Health
October 10, 2024
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Former Pfizer CEO, finance chief step back from Starboard's activist campaign

Ian Read, chairman and chief executive officer of Pfizer, speaks as President Donald Trump, left, listens during an announcement on a new pharmaceutical glass packaging initiative in the Roosevelt Room of the White House in Washington, D.C., July 20, 2017.  Andrew Harrer | Bloomberg | Getty Images Former Pfizer CEO Ian Read and ex-CFO Frank […]

Health
October 09, 2024
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CVS, UnitedHealth say FTC should take Lina Khan and two commissioners off drug middlemen case

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled “Fiscal Year 2025 Request for the Federal Trade Commission,” in Rayburn Building on Wednesday, May 15, 2024.  Tom Williams | Cq-roll Call, Inc. | Getty Images CVS Health and UnitedHealth Group are demanding Federal Trade Commission Chair […]

Health
October 09, 2024
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Ozempic underworld: Inside the black market of obesity drugs

BOULDER, COLO. — Not far from the majestic Rocky Mountains is an ordinary suburban neighborhood, a tree-lined street and a modest light gray home. It’s not the kind of place you’d imagine an investigation into black market Ozempic would lead. But it did. A CNBC investigation into counterfeit weight loss drugs revealed an international illegal […]

Health
October 08, 2024
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Healthy Returns: What activist Starboard's $1 billion stake means for Pfizer

Jakub Porzycki | Nurphoto | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Happy Tuesday! Pfizer‘s troubles may finally be coming to a head.  Former executives of the pharmaceutical giant are backing a […]

Health
October 08, 2024
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Apple could launch a ring to rival Samsung by 2026, research firm predicts

Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024.  Carlos Barria | Reuters Apple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant’s focus on health. The call is part of […]