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US issues health warning after employee in China suffers ‘abnormal sensations of sound and pressure’

Brent Lewin | Bloomberg | Getty Images Buildings stand illuminated at dusk in the Zhujiang New Town district of Guangzhou, China. The U.S. State Department issued a health alert after a government employee stationed in China was diagnosed with a mild traumatic brain injury, evoking memories of the series of …

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FDA approves new Amgen drug for prevention of migraines

Ricardo Dearatanha | Los Angeles Times | Getty Images A research associate performs a buffer exchange for protein formulation at AMGEN, a drug research and development laboratory. Amgen won U.S. Food and Drug Administration approval on Thursday for the first drug to prevent migraine headaches in adults. The drug, Aimovig, …

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J&J CEO warns of ‘unintended consequences’ of Trump’s drug-price plan

Johnson & Johnson Chairman and CEO Alex Gorsky told CNBC on Wednesday he expects the company’s pharmaceutical business will be able to successfully navigate any changes in health care as a result of President Donald Trump’s new plan aimed a reducing drug prices. At the same time, Gorsky warned the …

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Zoetis to buy veterinary diagnostics firm Abaxis for $1.9 billion

Karina Frayter | CNBC Michele Barrett, a dairy technical services veterinarian for Zoetis, is tasked with managing the health of cows and advising clients on the best uses for Zoetis’ products. Top animal health company Zoetis will buy Abaxis for $1.9 billion, as it looks to capture a bigger slice …

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Health care stocks whipsaw as Trump unveils plan to lower prescription drug prices

Ron Sachs | Pool | Bloomberg President Donald Trump, right, speaks as Ken Frazier, chairman and chief executive officer of Merck & Co., listens during a meeting with representatives from the Pharmaceutical Research and Manufacturers of America (PhRMA) at the White House in Washington, D.C., U.S., on Tuesday, Jan. 31, …

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Andy Slavitt adds Trevor Price and David Whelan to Town Hall Ventures

Source: Town Hall Ventures From left to right, David Miskhin (director), Lauren Robb (senior associate), David Whelan (general partner), Andy Slavitt (general partner), Natalie Davis (director) and Trevor Price (general partner) Former Medicare chief Andy Slavitt has added two partners to his new venture capital firm, which aims to find …

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CVS beats on higher prescription drug sales, shares up 4 percent

Shannon Stapleton | Reuters A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York, U.S., November 30, 2017. CVS Health posted a better-than-expected first-quarter profit on Wednesday, helped by higher sales of prescription drugs at its stores, sending its shares up 4.3 percent in …

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Muhammad Ali’s daughter Laila Ali on her father’s legacy

The Ring Magazine | Getty Images Muhammad Ali (R) connects a right punch against Ken Norton during the fight at the Sports Arena on March 31,1973 in San Diego, California. After his boxing career, Ali became heavily involved in philanthropy and public service even as he battled Parkinson’s disease. He …

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Health insurer Aetna quarterly profit beats estimates

Getty Images Aetna chairman and CEO Mark Bertolini speaks during the Fortune Global Forum on November 3, 2015 in San Francisco, California. Health insurer Aetna, which has agreed to be bought by CVS Health, reported a better-than-expected first-quarter profit on Tuesday, largely due to lower medical costs. U.S. drugstore operator …

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FDA moves to encourage A.I. in medicine, drug development

David A. Grogan | CNBC Scott Gottlieb, Commissioner of the Food and Drug Administration, speaking at the CNBC Healthy Returns Conference in New York on March 28th, 2018. The Food and Drug Administration is making moves to encourage the use of artificial intelligence and other digital tools in medicine and …

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