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CVS Health eyes kidney patients for next expansion into care

Daniel Acker | Bloomberg | Getty Images A customer exits a CVS Health Corp. pharmacy in La Vista, Nebraska. CVS Health is now planning to treat kidney failure patients, as the national drugstore chain continues to branch deeper into monitoring and providing care. The company said Wednesday it will offer …

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Jared, Ivanka offered ‘bribe’ to stop abortions

Mandel Ngan | AFP | Getty Images Senior Advisor to the President, Jared Kushner (L), walks with his wife Ivanka Trump to board Marine One at the White House in Washington, DC, on March 3, 2017. Planned Parenthood President Cecile Richards wrote in her new memoir that Jared Kushner and …

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Pharma’s cheap stocks spell investment opportunity for traders: JP Morgan

Frederick Florin | AFP | Getty Images An employee works on the production of insulin pens at the factory of the US pharmaceutical company Eli Lilly in Fegersheim, France. Pharmaceutical stocks are trading at one of their largest discounts to the market in nearly 10 years, J.P. Morgan told clients …

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Aetna to pass on pharma rebates to some members as drug prices rise

Michael Nagle | Bloomberg | Getty Images Pedestrians walk past Aetna headquarters in Hartford, Connecticut. Aetna will pass along rebates to some consumers amid growing demand for transparency over drug prices. The health insurer said Tuesday it will automatically apply the discounts it negotiates with pharmaceutical manufacturers with its commercial …

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Drug prices continue to climb despite barrage of criticism

Mike Mergen | Bloomberg | Getty Images A pharmacy technician fills a prescription inside a Wal-Mart store in Trevose, Pa. Drug prices are still climbing despite calls to lower them, Axios reports. President Donald Trump has repeatedly chastised the pharmaceutical industry, even accusing them of “getting away with murder.” But …

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Trump’s new opioid plan supports addiction vaccine

Jonathan Ernst | Reuters President Donald Trump delivers remarks on “combatting the opioid crisis” in a speech at Manchester Community College in Manchester, New Hampshire, U.S., March 19, 2018. President Donald Trump revealed his new plan to combat the opioid crisis on Monday in New Hampshire, a state hard-hit by …

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Drug stocks dive as Trump says he’s considering suing drugmakers over opioid crisis

Jonathan Ernst | Reuters President Donald Trump Delivers remarks on “combatting the opioid crisis” in a speech at Manchester Community College in Manchester, New Hampshire, U.S., March 19, 2018. President Donald Trump said he’s considering suing drugmakers for their role in fueling the opioid epidemic, sending pharma stocks tumbling Monday. …

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Stick with growth stocks like Netflix, Amazon and Micron

The “extraordinary” performance of growth stocks over the past year doesn’t mean those names are slowing down anytime soon, according to Goldman Sachs. Goldman chief U.S. equity strategist David Kostin told clients to stick with names in health care and consumer discretionary and resist jumping into value stocks. Top picks …

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J&J gets a $2.1 billion bid for LifeScan diabetes business

Andrew Harrer | Bloomberg | Getty Images A job seeker talks to a Johnson & Johnson job recruiter at a career fair in Washington, D.C. Johnson & Johnson said Friday it has received an offer of about $2.1 billion for its LifeScan business from private equity firm Platinum Equity. The …

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Lyft and Allscripts want to make it easier to get people to the doctor’s office

Kelly Sullivan | Getty Images A Lyft Amp with driver and passenger on January 31, 2017 in San Francisco, California. Lyft and Allscripts are partnering to make it easier for hospitals and doctors’ offices to schedule rides for patients who need them. The ride-hailing service introduced its concierge platform to …

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