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Bird flu threat breathes new life into moribund drug Relenza
CHICAGO (AP): Global fears over bird flu have sent sales soaring for an antiviral drug once dismissed as a commercial dud, but the two companies responsible for the drug are locked in a bitter court battle over profits.
California officials concerned about new budget woes
SACRAMENTO, California (AP): California officials are warily awaiting the next round of state revenue figures, concerned that their latest budget-balancing efforts may not be enough to end a seemingly endless stream of deficits.
Prices of some common medicines to go down
NEW YORK: The cost of prescription medicines used by millions of people all over the world every day is about to plummet.
Extra weight tied to higher risk of hospitalization: study
Regardless of lifestyle and other health-related factors, heavier people were more likely than lean ones to be hospitalized for a variety of conditions, according to an Australian study.
Expectations are building for a new heart failure drug from Novartis
LONDON: Expectations are building for a new heart failure drug from Novartis viewed as a likely multibillion-dollar seller, with two surveys of cardiologists published on Tuesday highlighting its potential. A large clinical trial with LCZ696 was stopped early in March because the benefit to patients was overwhelmingly positive. Just how good the drug was will be disclosed at a medical meeting in Spain at the end of this month.
Trouble mounts for Sanofi dengue vaccine; approved in M'sia but not launched
The World Health Organization said on Monday it hopes to review safety data on Sanofi's dengue vaccine this month, while the Philippines ordered an investigation of its now suspended massive immunization programme after the French drugmaker said it could actually worsen the disease in some cases. It is approved but not yet launched in Malaysia, Honduras, Australia, Argentina, Venezuela, Bolivia, Bangladesh and Cambodia.
US diabetes patients turn to 'black market' for medications, supplies
Diabetes medications and blood-test supplies are sold, traded and donated on black markets because the U.S. healthcare system isn't meeting patients' needs, a study shows.
Global stocks jump on less dire virus data
NEW YORK: World stock markets jumped on Monday, encouraged by slowdowns in coronavirus-related deaths and new cases in some global hot spots, while oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply.
Asia shares set to follow Wall Street's rally Thursday
WASHINGTON: Asian shares were poised to track Wall Street's gains on Thursday on hopes the coronavirus pandemic is nearing a peak and that governments would roll out more stimulus measures.
Dow, S&P 500 slide as focus shifts to earnings; Nasdaq gains
NEW YORK: The Dow and S&P 500 fell on Monday as U.S. companies prepared to kick off a quarterly earnings season expected to be rough due to the coronavirus pandemic, while Amazon.com gains helped the Nasdaq end higher.
