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☆ 3 questions to ask yourself if you want to cut down on ultra-processed foods, according to a dietitian
▼ + stars: | 2024-04-29 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Ultra-processed foods are linked to health problems such as cancer, type 2 diabetes, and obesity. Ultra-processed foods tend to be made from ingredients you wouldn't find in a regular kitchen and are manufactured using industrial techniques. "I think we're getting too bogged down with the term ultra-processed food, we just need to make it a bit simpler," Patel told Business Insider. It's also very important to look at food labels, Patel said, so that you actually know what you're eating. Ultra-processed foods make up 73% of the US food supply.

Persons: —, hasn't, Linia Patel, Patel, It's, UPFs, Aleksandr Zubkov, There's Organizations: Service, Northeastern University's Network Science Institute, British Dietetic Association, University of Milan, FDA Locations: UPFs, USA

☆ Why Eli Lilly's earnings are no sure thing for traders despite obesity drug momentum
▼ + stars: | 2024-04-29 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +5 min

Tirzepatide is the active ingredient in both Eli Lilly's diabetes treatment Mounjaro and its anti-obesity drug Zepbound. Based on that calculation, earnings will be lower by about 13 cents per share, he said, in research published last Tuesday. "Strong demand for Mounjaro & Zepbound can easily pull through in 2H24 and make up for any 1H24 shortfalls." For the week ended April 19, combined prescriptions of Mounjaro and Zepbound rose 63% year over year, according to IQVIA. Wells Fargo Mohit Bansal said he expects investors to look past any Trulicity shortfalls as the focus is firmily on Zepbound and Mounjaro for Lilly's future growth.

Persons: Eli Lilly, Eli, James Shin, Lilly, Shin, David Risinger, Zepbound, Wells, Bansal, Jo Walton, Walton, Lilly's, Tirzepatide, Deutsche Bank's Shin, — CNBC's Michael Bloom Organizations: Drug Administration, Deutsche Bank, IMS, UBS, Research, Deutsche, FDA Locations: 2H24, U.S

☆ Dr. Scott Gottlieb on the AI drug revolution, bird flu cattle outbreak latest
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDr. Scott Gottlieb on the AI drug revolution, bird flu cattle outbreak latestFormer FDA Commissioner Dr. Scott Gottlieb joins 'Squawk Box' to discuss news of Moderna's partnership with OpenAI to expand its employees access to AI chatbots, impact of the AI drug revolution, Dr. Gottlieb's venture into AI, latest developments on the bird flu cattle outbreak, and more.

Persons: Scott Gottlieb, OpenAI Organizations: FDA

☆ FDA approves Pfizer’s first gene therapy for rare inherited bleeding disorder
▼ + stars: | 2024-04-26 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

The Food and Drug Administration on Friday approved Pfizer 's treatment for a rare genetic bleeding disorder, making it the company's first-ever gene therapy to win clearance in the U.S. The agency greenlit the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B who meet certain requirements. Without that protein, called factor IX, patients with hemophilia B bruise easily and bleed more frequently and for longer periods of time. The gene therapy will compete with Australia-based CSL Behring's Hemgenix, a similar treatment that won FDA approval for hemophilia B in 2022. The company is also developing a gene therapy for Duchenne muscular dystrophy, a genetic disorder that causes muscles to weaken gradually.

Persons: IX, hemophilia, Adam Cuker, Cuker Organizations: Drug Administration, Pfizer, U.S, Penn's, Spark Therapeutics, hemophilia Locations: U.S, Australia

☆ Sleep supplements: Can they help me sleep?
▼ + stars: | 2024-04-25 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

Some 18% of American adults take a form of medication to help them sleep, including over-the-counter pills and prescription medications, according to a 2023 US Centers for Disease Control and Prevention report. Some 6.3% said that they take sleep medications every day and 2.1% took medication most days. While medical treatments can help with sleep, are some forms more effective than others? Melatonin supplements are lab-made versions of this hormone. There is some evidence that melatonin supplements can help with jet lag.

Persons: CNN —, Leana Wen, Wen, There’s Organizations: CNN, for Disease Control, George Washington University, Food and Drug Administration, FDA

☆ Bird flu particles were found in pasteurized milk. A former surgeon general says he isn't changing what he eats.
▼ + stars: | 2024-04-25 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

So far, though, many public health experts don't think this rings alarm bells about the safety of the food supply. Nathan Frandino/ReutersThe FDA oversees the nation's milk supply, and the US Department of Agriculture oversees dairy cows. Both say they believe the commercial milk supply is safe, due to the pasteurization process and the practice of disposing of milk from sick cows. Some states allow the sale of unpasteurized, aka "raw," milk or cheese, which the CDC recommends avoiding. "To date, we have seen nothing that would change our assessment that the commercial milk supply is safe.

Persons: —, Dr, Jerome Adams, Trump, Pasteurization, Nathan Frandino, Carlos Barria, Adams, Samuel Alcaine, Cook, who's, I'm Organizations: Service, Drug Administration, Business, Purdue University, Johann, FDA, US Department of Agriculture, Washington Post, The New York Times, Mountain Creamery, Cornell University, CDC, Workers Locations: Fresno , California, Middletown , Maryland

☆ Bird flu could jump to humans any day. A former surgeon general says it feels like 2020 again.
▼ + stars: | 2024-04-25 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

In recent months the highly pathogenic H5N1 virus has been spreading through US cattle herds for the first time ever. The cow-to-cow transmission is the latest escalation in a global outbreak that began when the virus reemerged in Europe in 2020. Bill Powers with his flock of white turkeys, kept under shelter to prevent exposure to bird flu, in Townsend, Delaware. Nathan Howard/Getty ImagesDr. Jerome Adams, a former surgeon general and the director of health equity at Purdue University, is getting deja vu. AdvertisementOnly testing the sickSo far, the USDA has only been testing cattle herds when an animal appears sick.

Persons: —, Jeremy Farrar, Nathan Frandino, Farrar, Bill Powers, Nathan Howard, Jerome Adams, they've, Adams, Donald Trump, hasn't, Terry Chea, they're, Zeynep Tufekci, Jean Carroll, Alexi J . Rosenfeld, President Trump, Trump, Biden Organizations: Service, Business, World Health Organization, Washington Post, Food and Drug Administration, New York Times, FDA, Johann, Reuters, US Centers for Disease Control, Purdue University, CDC, US Department of Agriculture, White, USDA Locations: Europe, South America, Fresno , California, Texas, Townsend , Delaware, COVID, Sonoma County , California

☆ Solicitor General Elizabeth Prelogar again in the spotlight fighting the conservative Supreme Court on abortion
▼ + stars: | 2024-04-24 | by ( Tierney Sneed | ) edition.cnn.com time to read: +8 min

CNN —For the fourth time since she became the federal government’s top Supreme Court advocate, Solicitor General Elizabeth Prelogar is arguing an abortion-related case. When Prelogar argues before the Supreme Court, she is arguing in front of several alumni of the US Office of the Solicitor General. She also clerked for her current boss, Attorney General Merrick Garland, when he was a DC Circuit judge, before her Supreme Court clerkships. She went on to litigate Supreme Court cases for private firms and worked on special counsel Robert Mueller’s investigation. Likewise, the abortion case Prelogar argued last month could have significant consequences for federal power.

Persons: Elizabeth Prelogar, Prelogar, Department’s, Biden, ”, Stephanie Toti, she’s, Ruth Bader Ginsburg, Elena Kagan, Kagan, Obama, John Roberts, George H.W, Samuel Alito, Neil Gorsuch, Brett Kavanaugh, Roe, ” Prelogar, General Merrick Garland, Robert Mueller’s, Beth Brinkmann, Clinton, Brinkmann, Prelogar’s, Court’s Roe, Wade, –, Roberts, Gorsuch, Amy Coney Barrett, ” Toti, “ That’s Organizations: CNN, Miss Idaho, NPR, Emory University, Harvard Law School, DC Circuit, litigate, The Justice Department, Idaho, Labor, Center for Reproductive Rights, Food and Drug Administration, Justice Department, Republican Locations: Bush, Texas, ” An Idaho, Idaho

☆ A woman who lost 105 pounds shares two things that made eating healthy and exercising regularly easier
▼ + stars: | 2024-04-22 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +10 min

Megan Tjelle lost 55 pounds by walking and eating healthy in a calorie deficit. Tjelle had started a demanding career, and working night shifts as a nurse made it hard to develop healthy eating and exercise habits. Her plantar fasciitis, which she initially put down to her work, eased when she lost weight. As Tjelle lost weight, she gained confidence and could feel herself getting fitter as she was able to exercise more. AdvertisementAlthough her appetite dropped, she continued eating healthy meals and ensured she was consuming enough protein to help her hold on to muscle while losing fat.

Persons: Megan Tjelle, Tjelle, Wegovy, —, overeating, she'd, She'd, Megan Tjelle Tjelle, I've Organizations: Service, Research, FDA, Seattle Sutton, GPL Locations: Chicago, Seattle, Wegovy

☆ The GOP's got a growing beef with lab-made meat
▼ + stars: | 2024-04-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

I know the legislature is doing a bill to try to protect our meat — You need meat, OK? "There's nothing about cultivated meat that is a conservative or a liberal thing," said Josh Tetrick, CEO of GOOD Meat — a cultivated meat company with the largest market share of the global industry so far. Other red-state politicians are also responding to the threat to their red meat, including Alabama State Sen. Jack Williams and Tennessee State Rep. Bud Hulsey, who have supported or proposed legislation to ban cultivated meat in their states. A nugget made from lab-grown chicken meat is seen during a media presentation in Singapore, the first country to allow the sale of meat created without slaughtering any animals.

Persons: —, Ron DeSantis, DeSantis, Josh Tetrick, Mark Post, David Parry, Reuters SB1084, David Marshall, Alabama State Sen, Jack Williams, Bud Hulsey, Williams, Hulsey, hasn't, George Peppou, Justin Sullivan, there's, OpenSecrets, Alabama Sen, NICHOLAS YEO, Tetrick, Lauš Organizations: Service, GOP, Business, Maastricht University, Reuters, DeSantis, Arizona, Alabama State, Tennessee State, Marshall, FDA, USDA, Cargill, Foster Farms, US Department of Agriculture, Getty, Alabama, Foods Locations: Florida, Netherlands, Singapore, Alameda , California, California, AFP, United States, Czech

Read on to find out why Business Insider reviewers love this piece, and how it earned a spot in our guide to the best nonstick pans. Shop at Amazon Shop at Made In What we like Check mark icon A check mark. The nonstick pan is available in 8-, 10-, and 12-inch sizes, as well as a set of all three. Though we always recommend hand washing nonstick pans, we did put this one through the dishwasher and didn't notice any change in the surface. We tested 21 skillets to find the best nonstick pans, and Made In earned a spot as our top high-end pick.

Persons: it's, Read, Lily Alig, Nonstick Fry, Le Creuset, We've Organizations: Business, Shop, FDA, Le

☆ Eli Lilly’s weight loss drug Zepbound shows promise as a sleep apnea treatment in late-stage trials
▼ + stars: | 2024-04-17 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. Eli Lilly on Wednesday said its highly popular weight loss drug Zepbound showed the potential to treat patients with the most common sleep-related breathing disorder in two late-stage clinical trials. Zepbound was more effective than a placebo at reducing the severity of obstructive sleep apnea, or OSA, in patients with obesity after a year, according to preliminary data from both trials. Eli Lilly previously announced that the FDA granted Zepbound "fast track designation" for patients with moderate-to-severe OSA and obesity. Zepbound has slipped into shortages since receiving approval in the U.S. for weight management in November.

Persons: Eli Lilly’s, Eli Lilly, Zepbound, Dr, Jeff Emmick, Eli Lilly's Organizations: U.S . Food, Drug Administration, FDA, OSA Locations: New York City, U.S

☆ Most doses of Eli Lilly's Zepbound, Mounjaro in short supply through June, FDA says
▼ + stars: | 2024-04-17 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. Most doses of Eli Lilly 's highly popular weight loss drug Zepbound and diabetes counterpart Mounjaro will be in short supply through the second quarter of this year as demand jumps, according to an update on the Food and Drug Administration's drug shortage database on Wednesday. All doses of Zepbound and Mounjaro besides the 2.5-milligram versions of both treatments are in a shortage. "We recognize this situation may cause a disruption in peoples' treatment regimens and areworking with purpose and urgency to help meet the surge in demand," an Eli Lilly spokesperson said in a statement to CNBC. The company expects its investments in manufacturing and supply capacity "to progressively increase production of our medicines throughout 2024 and beyond," they added.

Persons: Eli Lilly’s, Eli Lilly Organizations: Food, Novo Nordisk, CNBC Locations: New York City, U.S

☆ Another perk of weight-loss drugs? Eli Lilly's Zepbound may alleviate sleep apnea, too
▼ + stars: | 2024-04-17 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +4 min

GLP-1 drugs were originally developed to treat type 2 diabetes. Drugmakers are discovering the injections may also aid weight loss, heart issues, and sleep apnea. AdvertisementAnother new indication for injectable GLP-1 drugs: better sleep. On Wednesday, drugmaker Eli Lilly announced positive results from a large, phase-3 clinical trial, testing Zepbound (the drug name for tirzepatide) as a treatment for sleep apnea. Related storyAlready, GLP-1 drugs have been indicated for the treatment of:ObesityHeart diseaseAdvertisementIn clinical trials, GLP-1 drugs have also shown some promise for treating other conditions, including:Non-alcoholic fatty liver diseaseAddictionDepressionParkinson's and Alzheimer'sCancerThese breakthroughs may be tied to the gut-brain connectionScientists think that the main reason GLP-1 drugs work well is because of their effect on our body's gut-brain connection.

Persons: —, drugmaker Eli Lilly, Eli Lilly, KATERYNA, Daniel Drucker, GLP, Eric Topol Organizations: Service, Food and Drug Administration, American Diabetes Association, University of Toronto

☆ Abbott Labs' surprise guidance bump is a major positive for its shareholders
▼ + stars: | 2024-04-17 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Abbott Laboratories Why we own it : Abbott is a high-quality medtech company growing at a fast clip. As Abbott's organic sales growth continues to shine, the market will realize both concerns are overblown. We also love that EPS results on Tuesday came in above the range management had forecasted — a classic case of under-promising and over-delivering. ABT YTD mountain Abbott Laboratories YTD Organic growth was very strong, up nearly 11%, marking the fifth consecutive quarter of double-digit increases. In diagnostics, where we see the impact of the decline in Covid testing sales, organic sales increased 5.4% year over year.

Persons: —, Abbott, Edwards, Robert Ford, necrotizing, Ford, they've, Jim Cramer's, ABT, Jim Cramer, Jim Organizations: Abbott Laboratories, Revenue, Abbott, Libre, Charitable Trust, ABT, Management, NEC, Protality, TBIs, CNBC, Abbott Labs Locations: U.S

☆ Counterfeit Botox has been found in several states. Here’s what consumers should know.
▼ + stars: | 2024-04-16 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +11 min

CNN —The US Food and Drug Administration is warning that dangerous counterfeit versions of Botox have been identified in multiple states, putting the safety of consumers at risk. The incidents of counterfeit Botox being administered to consumers appear to be connected to products that have been purchased from unlicensed sources and then administered by either unlicensed or licensed providers. The counterfeit Botox products may be identified by the lot number C3709C3 found on the outer carton and vial, the FDA said. Counterfeit botox has been found in several states. Most often, when counterfeit Botox is sold, “the injector knows they’re purchasing something counterfeit,” Sung said.

Persons: Washington –, Botox, Lavanya Krishnan, Arya Derm, ” Krishnan, Krishnan, Allergan, ”, “, Jimmy Sung, you’re, can’t, ” Sung, Michael Cameron, Cameron, ” Cameron, Sung, “ I’m, I’ve, Steven Williams, ” Williams, Dr, Sanjay Gupta, Cynthia Elliott, ” Elliott Organizations: CNN, Food and Drug Administration, FDA, US Centers for Disease Control, CDC, American Board of Cosmetic, Revance Therapeutics, Merz Aesthetics, Tribeca Aesthetics, Cameron Dermatology, Mount Sinai Health, American Society of Plastic Surgeons, “, CNN Health Locations: – Colorado, Florida , Illinois , Kentucky , Nebraska , New Jersey , New York , Tennessee, San Francisco, United States, New York City, New York, Florida

☆ Taking too much of these 4 popular supplements can be dangerous, a toxicologist warns
▼ + stars: | 2024-04-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

But too much of supplements, including fish oil and vitamin D, can be harmful. A toxicologist shared the side effects of overdoing some of the most popular supplements. AdvertisementChilcott shared the long-term risks of taking too much of some of the most popular supplements. You're unlikely to get symptoms from taking too much vitamin D if you're taking less than 250 mcg a day, according to the ODS. Of all the supplements Chilcott spoke about, he said this was the one that's the most potentially risky, but only at very high doses.

Persons: —, Rob Chilcott, Chilcott, it's Organizations: Service, University of Hertfordshire, FDA, Cleveland Clinic, BI, US Food and Drug Administration

☆ Melatonin industry asked to voluntarily tighten standards after dramatic rise in childhood ER visits
▼ + stars: | 2024-04-15 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

As a dietary supplement, melatonin is not approved by the US Food and Drug Administration for safety, effectiveness or labeling before it is sold to the public. The council’s action follows recent reports of a massive rise in accidental ingestions of melatonin by children and an April 2023 study that found 25 products labeled as melatonin gummies contained dangerous levels of the hormone. Melatonin gummies were involved in nearly 5,000 of those cases. While the vast majority of unsupervised melatonin ingestions did not result in hospitalization, the number of accidental ingestions by children 5 and under may be underestimated, the report said. New and improved labelsThe council guidelines call for new labels that warn consumers about the danger of drowsiness after taking a melatonin supplement.

Persons: —, ”, Pieter Cohen, ” Cohen, it’s “, Cohen, Catherine McQueen, ” Dr, Cora Collette Breuner, “ It’s, Breuner, Amanda Musa Organizations: CNN, Council for Responsible Nutrition, US Food and Drug Administration, Cambridge Health Alliance, US Centers for Disease Control, Prevention, CDC, Food and Drug Administration, Getty, Seattle Children’s Hospital, University of Washington Locations: Somerville , Massachusetts, Seattle

☆ Eli Lilly's top-selling drug last year is softening. But it may not matter for the stock
▼ + stars: | 2024-04-12 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

Sales of some Eli Lilly drugs — including its best-selling product last year — appear to be softening, according to Wall Street analysts. JPMorgan flagged similar trends for Trulicity, which led all Lilly drugs with $7.13 billion in sales for all of 2023. The thesis is predicated on Eli Lilly growing faster than the broader pharmaceutical industry for years to come. Over the past three years, shares of Eli Lilly have soared nearly 300%, compared with a 24% gain for the S & P 500 . A box of the drug trulicity, made by Eli Lilly Pharmaceutical, sits on a counter at a pharmacy in Provo, Utah, January 9, 2020.

Persons: Eli Lilly, Wells, Lilly, Mounjaro, Jim Cramer, tirzepatide, Zepbound, Eli Lilly's, Novo, Wegovy, drugmaker, Jim Cramer's, Jim, Eli Lilly Pharmaceutical, George Frey Organizations: Wall Street, JPMorgan, Club, Novo Nordisk, Novo, BMO Capital Markets, Drug Administration, FDA, The Club, CNBC Locations: Wells Fargo, Trulicity, Tirzepatide, Danish, Lilly, Provo , Utah

☆ The Adderall shortage highlights a key issue for voters in 2024. Here's what the Biden Administration is doing about it.
▼ + stars: | 2024-04-12 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Adderall supply issues, which began in October 2022, are making the medication more expensive. The Biden Administration said it's focused on strengthening manufacturing supply chains for Adderall. AdvertisementIt's been 18 months since the US Food and Drug Administration announced an Adderall shortage. The prescription fill rate for ADHD medications fell from 44.5% in December 2022 to 40.7% in February 2023, the study found. Have you been impacted by the Adderall shortage or high prescription drug costs?

Persons: it's, —, It's, Biden, Biden's, Joe Biden's, Adderall —, aren't, Dr, David Goodman Organizations: Biden Administration, Service, Food and Drug Administration, KFF, Kaiser Family Foundation, Business, Drug, Biden's Administration, Department of Health, Human Services, Defense, FDA, CNN, USA, DEA, USA Today, Johns Hopkins University, Medscape Medical, Government

☆ Your drinking water could contain fewer hazardous 'forever chemicals' under new federal rules
▼ + stars: | 2024-04-10 | by ( Catherine Boudreau | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Read previewThe Biden administration is cracking down on toxic "forever chemicals" that are widespread in America's tap water, food, and household products. EPA also set limits for mixtures of two or more PFAS chemicals, because research shows they may have combined health impacts. "The technology is there, especially to clean up drinking water, to filter these compounds out of the water. "For too long, many people across the country have had been drinking contaminated water levels that likely impact health." The Biden administration has a broader $9 billion PFAS strategy that goes beyond drinking water, including military bases, airports, and food packaging.

Persons: —, Biden, Ken Cook, Michael Regan, Regan, David Andrews, Andrews, it's, Carmen Messer, PFAS Organizations: Service, EPA, Business, Environmental, Companies, Chemours, DuPont, Harvard's, Chan, of Public Health Locations: North Carolina, Minnesota, Fayetteville , North Carolina

☆ Internet providers have to start using this 'nutrition facts' label that breaks down fees
▼ + stars: | 2024-04-10 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

"Nutrition facts" style labels for internet plans are finally a reality. As of Wednesday, the FCC now requires internet providers to break down costs and services for customers. That includes companies that provide both home, or fixed, internet services, as well as mobile broadband. AdvertisementAnd the labels aren't just designed for new customers — internet service providers must also make them available to current customers in their online account portals and provide the label when a customer asks for it. "The labels are modeled after the FDA nutrition labels and are intended to help consumers comparison shop for the internet service plan that will best meet their needs and budget."

Persons: — Organizations: FCC, Service, Federal Communications Commission, Reuters, Google, Verizon

☆ How to limit PFAS in your drinking water and food, according to experts
▼ + stars: | 2024-04-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“It would be about 25 years before all the PFAS leave your body.”Testing your waterWhat can consumers do right now to limit the levels of PFAS in their drinking water? Filtering your waterIf PFAS levels are concerning, consumers can purchase an under-the-counter water filter for their tap. “The water filters that are most effective for PFAS are reverse osmosis filters, which are more expensive, about in the $200 range,” Andrews said. Reverse osmosis filters can remove a wide range of contaminants, including dissolved solids, by forcing water through various filters. PFAS in food and your homeDrinking water is not the only way PFAS enters the bloodstream.

Persons: Melanie Benesh, “, ” Jane Hoppin, ”, Andrews, PFAS, ” Andrews Organizations: CNN, Environmental Protection Agency, Geological Survey, Environmental, ”, National Academies of Sciences, Engineering, Medicine, Center for Human Health, Environment, North Carolina State University, NSF, National Sanitation Foundation, EWG, US Food and Drug Administration, FDA, Research, Education, Community Health, National Institute of Environmental Health Sciences Locations: United States, polluters, Raleigh, Texas

☆ Biotech stocks are ready to break out. They just need one more thing
▼ + stars: | 2024-04-10 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +5 min

While debate rages on about when the Federal Reserve might start cutting interest rates, biotech industry analysts are making the case that the argument for stocks in the sector is growing. Last week, Morgan Stanley analysts noted that it is the months leading up to an initial rate cut when biotech stocks outperform. Morgan Stanley also believes the case for biotech stocks is further reinforced by the financing environment and the outlook for mergers and acquisitions as well as upcoming innovation. The case for innovation Morgan Stanley also favors owning biotech stocks that have a strong drug platform even if the key catalyst of clinical trial data and FDA approvals are farther out. Rhythm ranks among the stocks rated overweight that Morgan Stanley favors in this category.

Persons: Morgan Stanley, Needham, Joseph Stringer, dealmaking, Stringer, erosive, it's, Phathom, GERD, LSEG, Merck, — CNBC's Michael Bloom Organizations: Federal Reserve, Nasdaq, Oncology, Immunology, Phathom Pharmaceutical, Pharmaceuticals, Phathom Pharmaceuticals, LSEG, Drug, Bristol Myers Squibb, Pfizer, Intellia Therapeutics, Rocket Pharmaceuticals Locations: New Jersey

☆ Some cancer drugs remain unproven 5 years after FDA's accelerated approval, study finds
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSome cancer drugs remain unproven 5 years after FDA's accelerated approval, study findsFormer FDA Commissioner Dr. Scott Gottlieb joins 'Squawk Box' to discuss a new study showing some cancer drugs fast racked by the FDA's accelerated approval program remain unproven 5 years after the approvals, news of bird flu spreading in dairy cows, how worried the public should be, and more.

Persons: FDA's, Scott Gottlieb

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