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☆ Why some doctors see a downside to notifying women about dense breasts
▼ + stars: | 2024-10-12 | by ( Liz Szabo | Liz Szabo Is An Independent Health | Science Journalist. Her Work Has Won Multiple National Awards. One Of Her Investigations Led To A New State Law In Virginia. | ) www.nbcnews.com time to read: +8 min

“I had never seen a letter like that before and had no idea what having dense breasts even meant,” said Mullen, 38, of Andover, Massachusetts. Dense tissue makes it harder to find breast cancer on a mammogram; and that dense breast tissue is a risk factor for cancer. You've got dense breasts. “You cannot counsel an entire population of women with dense breasts with one policy that’s going to be appropriate for everybody,” Pearlman said. Although it’s true that women with dense breasts are 1.5 to 2 times more likely than other women to develop breast cancer, they’re no more likely to die from it.

Persons: Shamma Mullen, “, ”, Mullen, Judith Garber, Mark Pearlman, ” Pearlman, Robert Smith, Smith, it’s, ” Smith, Dr, Hilary Marston, ” Marston, that’s, Nancy Keating, Keating, Garber, Ruth Etzioni, —, Crissy Matos, Matos, Marston, Pearlman, ” Mullen Organizations: Food and Drug Administration, FDA, Lown Institute, University of Michigan Medical School, American College of Obstetricians, National Comprehensive Cancer Network, American Cancer Society, American College of Radiology, Comprehensive Cancer Network, U.S . Preventive Services, Force, Harvard Medical School, Fred Hutchinson Cancer Center, Internal Medicine Locations: Andover , Massachusetts, Massachusetts, Stroudsburg , Pennsylvania

☆ U.S. FDA to reconsider decision barring compounded versions of Lilly weight loss drug
▼ + stars: | 2024-10-12 | by ( ) www.cnbc.com time to read: +1 min

The U.S. Food and Drug Administration on Friday agreed to reconsider a decision it made last month to bar drug compounders from selling their own versions of Eli Lilly's blockbuster weight loss and diabetes drugs. The compounding versions of the drugs are cheaper for patients than the brand-name versions. The Sept. 30 decision by the FDA endangered the ability of compounders to sell versions of Lilly's weight loss drug Zepbound and diabetes drug Mounjaro. The FDA decision removed their active ingredient, tirzepatide, from its list of drugs experiencing shortages. Insurers generally cover drugs like tirzepatide for diabetes, but many do not cover them for weight loss.

Persons: Eli Lilly's, Mark Pittman Organizations: . Food, Drug Administration, Outsourcing, Association, District, FDA Locations: U.S, Fort Worth , Texas

Her case is far from unique, however: Hospitals across the United States have said they’re taking steps to conserve their supply of IV fluids, including postponing or canceling nonemergency surgeries. IV fluids do more than deliver drugs or electrolytes directly into a patient’s bloodstream. On Monday, the AHA urged President Joe Biden to declare a nationwide emergency over the limited supply of IV fluids. She’s been dependent on IV nutrition, which delivers nutrients directly into her bloodstream, for more than eight years. Hannah Hale, in 2016 on her first day home after a long hospitalization, with her TPN, or IV nutrition.

Persons: Yvonne Hemz, Abbott Northwestern, Hurricane Helene, Hemze, hasn’t, ”, They’re, Chris DeRienzo, Joe Biden, Hannah Hale, Baxter, Hale, She’s, “, ” Hale, It’s, won’t, ASPR, Alli Longenhagen, Kabi, they’ve, Paul Biddinger, Brigham, Robert, Robert —, —, I’m Organizations: Baxter International, NBC News, Health, Abbott Northwestern, Allina Health, Gatorade, American Hospital Association, AHA, The New York Times, NBC, Food and Drug Administration, U.S, FDA, Administration, Strategic Preparedness, Department of Health, Human Services, Braun, Mass Locations: Farmington , Minnesota, North Carolina, United States, U.S, Dallas, Canada, China, Ireland, United Kingdom, Hale, Daytona Beach , Florida, Hurricane Milton, Boston, Chicago

☆ Ozempic-fueled slimming is blowing up the wedding dress industry
▼ + stars: | 2024-10-11 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —Price distortions and dysfunction are nothing new in the $73 billion wedding industry. For better or worse, many brides are using the drugs ahead of their big day, lured in by the promise of rapid weight loss. The right fitThe ideal time to buy a wedding dress is eight to 10 months before the event, according to wedding planning site the Knot, and some planners recommend buying a full year in advance in case of shipping delays. “Usually, the dress was ordered somewhere in the middle of those 50 pounds.”It’s hard to overstate how such drastic weight loss can complicate a wedding dress’ fit. “Weight loss has always been a top of priority.

Persons: CNN Business ’, Tami Luhby, Susan Ruddie, Dresser, Spring, That’s, they’re, ”, Myrna Lundberg, “, Lundberg, ” Lundberg, “ It’s, — it’s, you’re Organizations: CNN Business, New York CNN, FDA, Drug Administration, Bureau of Labor Statistics, CNN Locations: New York, China, Suez, United States

☆ Cramer's week ahead: Major banks, Taiwan Semi and Netflix report as earnings season gets into full swing
▼ + stars: | 2024-10-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

As earnings season takes off, CNBC's Jim Cramer on Friday advised investors about what to follow next week on Wall Street. Bank of America could see a boost now that Warren Buffett is no longer required to frequently report his sales of the stock, Cramer added. Johnson & Johnson , Walgreens and UnitedHealth Group also report earnings on Tuesday, with Cramer noting that the latter regularly beats expectations. Johnson & Johnson this week saw a new development in its ongoing talc lawsuits that could aid resolution efforts. On Friday, Procter & Gamble will report, and Cramer said he's worried about the company's business in China.

Persons: CNBC's Jim Cramer, Cramer, Charles Schwab, Goldman Sachs, Schwab, He's, he's, Warren Buffett, Johnson, Morgan Stanley Organizations: Netflix, Taiwan Semiconductor, Bank of America, Citigroup, Wall, Johnson, Walgreens, UnitedHealth, Abbott Laboratories, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Nvidia, Procter, Gamble, American Express Locations: China

A limited supply of IV fluid, stemming from damage caused by Hurricane Helene, is forcing some hospitals across the U.S. to postpone elective surgery and other nonemergency procedures to safeguard their stock. He also said the medical center has “doubled down” on efforts to prevent wasting IV fluid, as it’s the area’s only level 1 trauma hospital. A number of IV products, including sodium chloride, dextrose and sterile water, have already been in short supply. The Baxter facility shutdown hasn’t led to any new IV fluid shortages yet, the Food and Drug Administration said Tuesday. On Tuesday, the agency also helped safely move IV products from B. Braun Medical’s Daytona Beach facilities out of the path of Hurricane Milton, Dembner said.

Persons: Hurricane Helene, Helene, Eric Swensen, Swensen, —, “, Christine Hill, ”, Joe Biden, Baxter, it’s, Zachary Dembner, Braun, Dembner, Alli Longenhagen, ” Shea Siegert, ” Siegert Organizations: Baxter International, Braun, Minnesota Hospital Association, Baxter’s, UVA Health University Medical Center, Minnesota Hospital, Facebook, ”, ” Hennepin Healthcare, American Hospital Association, Food and Drug Administration, Department of Health, Human Services, FDA, Administration, Strategic Preparedness, HHS, Enloe Health, Alaska Native Tribal Health Consortium Locations: North Carolina, Daytona Beach , Florida, Baxter’s North Carolina, Charlottesville , Virginia, Culpeper , Haymarket, Manassas, U.S, ” Hennepin, Minneapolis, Hurricane, East, Gulf, Puerto Rico, Hurricane Milton, Chico , California

Less than a fifth of large companies in the United States include coverage for the popular but pricey weight loss drugs Wegovy and Zepbound in their health insurance plans, according to a survey published Wednesday in Health Affairs. “They’re trying to figure out what is the right balance between the advantages to employees, potential health benefits and the cost of these drugs. The survey found that about half of employers that cover the weight loss drugs have certain requirements associated with their coverage, which Rae said would limit access for some employees but save money. Among large firms that don’t currently cover GLP-1 drugs for weight loss, only about 3% said they’re “very likely” to do so in the next year. Despite the exorbitant cost, employers do have a positive view of the drugs.

Persons: Wegovy, ”, Matthew Rae, “ They’re, —, Rae, Susan Spratt, Christopher McGowan, Eli Lilly, ” McGowan, “, ” Rae, you’ve, that’s, don’t, they’re Organizations: Health Affairs, “ Employers, Population Health Management, Duke Health, Centers for Disease Control, Novo Nordisk, Research, North Carolina, ” Novo Nordisk Locations: United States, KFF, North Carolina, U.S, Novo

☆ GSK agrees to settle about 80,000 Zantac lawsuits for up to $2.2 billion
▼ + stars: | 2024-10-09 | by ( ) edition.cnn.com time to read: +3 min

CNN —GSK has agreed to pay up to $2.2 billion to settle most lawsuits in US state courts claiming that a discontinued version of the heartburn drug Zantac caused cancer, the company announced on Wednesday. GSK also said it would pay $70 million to settle a related whistleblower lawsuit filed by a Connecticut laboratory. Pfizer has agreed to settle most of the Zantac cases against it in state court, according to its most recent financial statement, and Sanofi in April announced that it was settling about 4,000 cases. Boehringer Ingelheim has not announced any major settlements, but is currently facing a trial over the drug in Oakland, California, state court. A majority of the remaining state court cases are in Delaware, where a judge in June allowed plaintiffs to present crucial expert testimony that Zantac caused cancer.

Persons: Jennifer Moore, Brent Wisner, Zantac, Boehringer Ingelheim, “, ” Moore, Wisner Organizations: CNN, GSK, Pfizer, Sanofi, Boehringer, Food and Drug Administration, Delaware Supreme Court Locations: Connecticut, Oakland , California, Delaware, Florida

☆ Your employer may start covering weight-loss drugs soon
▼ + stars: | 2024-10-09 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

A growing number of employers are considering covering the blockbuster weight-loss drugs, several surveys show. Roughly the same share say they are somewhat or very likely to begin covering these medications for weight loss within the next 12 months, according to KFF’s annual Employer Health Benefits Survey. But only 18% of firms in KFF’s survey, which includes those with 200 or more employees, cover GLP-1 drugs primarily for weight loss. Even employers that provide coverage for anti-obesity drugs often put up guardrails, such as requiring employees to receive prior authorization or to try other weight-loss methods first. Outpatient drug costs are expected to climb 11.4% next year, surpassing the 8% increase projected for medical plan costs, according to Segal’s most recent survey.

Persons: ”, Matthew Rae, Mercer, Beth Umland, Eileen Pabon, KFF, It’s, Eric Miller, Segal, Vicky Cathcart, ” Cathcart Organizations: CNN, Workers, Health, Survey, Business, DSV Air & Sea, Employees, Employers, Outpatient, Marroquin Industries Corp Locations: Mercer, New Jersey, Hawthorne , California

☆ FDA antidepressant warnings of suicide risk among kids may have the opposite effect, study finds
▼ + stars: | 2024-10-07 | by ( Kristen Rogers | ) edition.cnn.com time to read: +9 min

None of the studies noted improvements in mental health care or declines in suicide attempts or deaths after the warnings were implemented. While an increase in antidepressant use occurred before the FDA advisory, there were abrupt and sustained declines in use — ranging from 20% to 50% — after the warnings. Three studies reported increases in psychotropic drug poisonings, which suggest suicide attempts, and in suicide deaths among children. However, “the study convincingly suggests that the Black Box warning may have made at least some providers and families anxious about treating adolescents with antidepressants,” Fortuna said. Every young person differs in the level of risk, needs and circumstances, Fortuna said, and antidepressants can be lifesaving.

Persons: ”, Stephen Soumerai, ” Soumerai, suicidality, Lisa R, Fortuna wasn’t, Fortuna, ” Fortuna, . Kao, Ping Chua, Susan B, Chua wasn’t, ” Chua, Chua, “, ” Young Organizations: Lifeline, CNN, Food and Drug Administration, Health Affairs, Harvard Pilgrim Health Care Institute, Harvard Medical School, FDA, Children, American Psychiatric Association, National Institute of Mental Health, University of California, Research Center, University of Michigan Medical Locations: Massachusetts, United States, Riverside, pediatricians

After the positive flu result, health care workers started using more personal protective gear around the patient. Separately, as part of routine flu surveillance and not because doctors suspected anything unusual in the patient’s case, the hospital sent the patient’s flu sample to be tested for H5, which is the bird flu virus strain. Officials found that during the patient’s time at the hospital, 112 health care workers had interacted with them. After exposure to the bird flu virus, people typically develop symptoms within 3 to 5 days. All of that additional information on the health workers will be secondary to the blood tests results, Rivers said, and whether they show signs of a previous infection.

Persons: Demetre Daskalakis, Daskalaskis, wouldn’t, Michael Osterholm, Osterholm, ”, Daskalakis, Caitlin Rivers, ” Rivers, ” Daskalakis, Rivers Organizations: Centers for Disease Control, Prevention, CDC’s National Center, Infectious Disease, University of Minnesota, Johns Hopkins Center for Health Security, CDC Locations: Missouri, Baltimore, United States, California

☆ Stocks making the biggest moves midday: Rivian, Abercrombie & Fitch, CVS, Spirit Airlines and more
▼ + stars: | 2024-10-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Abercrombie & Fitch - Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. JetBlue shares jumped more than 15% on the news. Summit Therapeutics – The biopharmaceutical company added 2%. Other international shipping stocks saw losses as well, including Danish shipping giant Maersk at 5% . CVS Health — The company's shares added 3.3%.

Persons: Abercrombie &, Matthew Boss, Hollister, Tencent, — CNBC's Sean Conlon, Hakyung Kim, Christina Cheddar, Berk, Lisa Kailai Han Organizations: Abercrombie, Abercrombie & Fitch, JPMorgan, Spirit Airlines, JetBlue Airways —, Wall Street, JetBlue, Vistra, Nvidia, Therapeutics, Drug Administration, Ubisoft Entertainment, Bloomberg News, Ubisoft, SilverCrest Metals, Mining, Zim Integrated Shipping Services —, U.S, dockworkers, United States Maritime Alliance, Maersk, CVS Health, CNBC, CVS

Banks up : Financials were also strong Friday, with Wells Fargo and Morgan Stanley our top performers on the session. Beer boss : Shares of Club stock Constellation Brands were bouncing Friday, one day after a steep post-earnings slide . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, It's, WTI, Prices, Banks, Wells, Morgan Stanley, Wells Fargo, Jim, Goldman Sachs, Beer, Bill Newlands, Newlands, Jim Cramer's Organizations: CNBC, ., Fed, West Texas, Drug Administration, Centers for Disease Control, National Institutes of Health, NEC, Club, Abbott Laboratories, Constellation Brands, Modelo, Constellation, Morning, Costco, Jim Cramer's Charitable Locations: U.S, Israel, Mexico, Wells

☆ Stocks making the biggest moves premarket: Spirit Airlines, Summit Therapeutics, Rivian and more
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Spirit Airlines , JetBlue – Spirit plunged more than 38% following a report from The Wall Street Journal that the discount airliner is considering filing for bankruptcy. Shares of peer airline firm JetBlue, which was previously in talks to merge with Spirit, advanced nearly 6%. Zim Integrated Shipping Services – The international shipping company's stock fell more than 9% after U.S. dockworkers and the United States Maritime Alliance agreed to a tentative deal to end the strike on the East Coast and Gulf Coast ports. CVS Health – The company's shares added 1.5% as it is considering breaking itself up and undergoing a strategic review of its business. Chubb – The insurance company slipped more than 1% after Bank of America downgraded shares to underperform from neutral.

Persons: Hapag, Lloyd, Rivian, Chubb, SilverCrest, —, Jesse Pound, Brian Evans, Hakyung Kim, Pia Singh, Michelle Fox Theobald Organizations: Spirit Airlines, JetBlue, Wall Street Journal, Food and Drug Administration, Zim Integrated Shipping Services, U.S, dockworkers, United States Maritime Alliance, CVS Health, CVS, Bank of America, SilverCrest Metals, Coeur Locations: East Coast, Gulf Coast

Hospitals across the U.S. are taking steps to conserve their supplies of IV fluids after Hurricane Helene struck a critical manufacturing plant belonging to the country’s biggest supplier. IV fluids are used to deliver drugs or water with electrolytes directly into a patient’s bloodstream. Follow live updates on the aftermath of Hurricane HeleneThere are four primary manufacturers of IV fluids in the U.S. Baxter is the leader, accounting for about 60% of the market. The company is the main supplier for Mass General Brigham in Boston, which uses more than 100,000 liters of IV fluid from Baxter every month. “Patients are still getting IV fluids when they need them,” Biddinger said.

Persons: Helene, They’re, Baxter, Brigham, Dr, Paul Biddinger, Biddinger, it’s “, ” Biddinger, ” Organizations: Baxter International, Mass, Gatorade Locations: U.S, , North Carolina, Boston

☆ Stocks making the biggest moves premarket: Nvidia, Levi Strauss, EVgo and more
▼ + stars: | 2024-10-03 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

EVgo — Shares advanced more than 9% after JPMorgan upgraded the electric vehicle charging company to overweight . Levi Strauss — Shares plunged 12% after the denim maker trimmed its full-year revenue guidance and delivered fiscal third-quarter revenue that missed analysts' expectations. Constellation Brands — The beverage company rose slightly on the back of better-than-expected fiscal second-quarter earnings. Revenue of $2.92 billion, however, marginally missed expectations. Stellantis — The automaker was down more than 3% in the premarket after a Barclays downgrade to equal weight from overweight.

Persons: Mizuho, Jensen Huang, CNBC's, Blackwell, Eli Lilly, Bill Peterson, Levi Strauss —, Stellantis, Henning Cosman, — CNBC's Brian Evans, Lisa Han, Jesse Pound, Sean Conlon Organizations: Mizuho, Nvidia –, U.S . Food, Drug Administration, JPMorgan, Dockers, Constellation Brands, Barclays Locations: U.S

☆ Stocks making the biggest moves midday: Hims & Hers Health, Joby Aviation, Levi Strauss and more
▼ + stars: | 2024-10-03 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

EVgo — Shares soared 55% after the electric vehicle charger company received a $1.05 billion conditional loan from the Department of Energy. Hims & Her Health had previously developed compound versions of the drugs to take advantage of the shortage. Joby Aviation – Shares dropped more than 7%, paring back gains made in the previous session. Palantir recently announced that it's partnering with Edgescale AI to deliver Live Edge, a platform that will utilize artificial intelligence for manufacturing, utilities and other areas. Investors see both Vistra and Constellation as becoming key supporters of data center growth for developing tech companies' artificial intelligence technologies.

Persons: Bill Peterson, Eli Lilly, paring, Joby, Levi Strauss, Levi, Jensen Huang, CNBC's, Blackwell, Henning Cosman, Palantir, Sundar Pichai, Yun Li, Lisa Kailai Han, Hakyung Kim Organizations: Department of Energy, JPMorgan, U.S . Food, Drug Administration, Toyota, Dockers, Wolfspeed, Mizuho, Nvidia, Barclays, Constellation Energy, Nikkei, Investors Locations: U.S, China

☆ Unwashed poppy seeds: Opioid overdose from tainted tea prompts proposed bill
▼ + stars: | 2024-10-03 | by ( David Hilzenrath | ) edition.cnn.com time to read: +8 min

People have died after drinking tea brewed from unwashed poppy seeds. Members of the House of Representatives and Senate have proposed legislation “to prohibit the distribution and sale of contaminated poppy seeds in order to prevent harm, addiction, and further deaths from morphine-contaminated poppy seeds.” The bill was one of several on the agenda for a September 10 House hearing. On the other hand, tea made from large quantities of unwashed poppy seeds could lead to addiction and overdose, doctors said. The US Drug Enforcement Administration said unwashed poppy seeds can kill when used alone or in combination with other drugs. The US Department of Justice has brought criminal prosecutions over the sale of unwashed poppy seeds.

Persons: “, “ It’s, Elke Scholiers, ”, Steve Hacala, Courtney Rhodes, CSPI, Eva Greenthal, It’s, Irving Haber, Benjamin Lai, Lai, ‘, Steve Hacala’s, Stephen Hacala, Stephen Hacala’s, Betty, David Rousseau, Jamie Silakowski, Silakowski, Tim Hortons, Popeyes, Joe’s, Sen, Tom Cotton, Steve Womack Organizations: Health, Marshall, US Department of Defense, Doping, Workers, for Science, Food and Drug Administration, FDA, Mayo Clinic, Arkansas State Crime Laboratory, KFF Health, Restaurant Brands, Burger, Washington Post, US Drug Enforcement Administration, US Department of Justice, Senate, Republican, KFF Locations: Chittorgarh, India, Rochester , Minnesota, Arkansas, South Korea

☆ How the port strike could actually boost Costco sales
▼ + stars: | 2024-10-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Club stock Nvidia jumped more than 3% — bucking the pressure on Big Tech. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jensen Huang, Eli Lilly, Lilly, Oppenheimer, Jim Cramer's, Jim Organizations: CNBC, Wall, Nvidia, Big Tech, Blackwell, Broadcom, Devices, Food and Drug Administration, Costco, AMD Locations: New Jersey

☆ Additives to food often bypass FDA oversight, critics say
▼ + stars: | 2024-10-03 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +14 min

Soon, Daily Harvest had narrowed its internal investigation to a new ingredient used for its high-protein content: tara flour. Tara flour is one of two products made from the seed pods of a thorny shrub native to Peru. The pods of the tara plant are used to make tara gum and tara flour. As some consumers had discovered, tara flour was not safe, the FDA decreed in May 2024 — nearly two years after the ingredient sickened hundreds. During that time, however, other manufacturers could have used the now-“unapproved food additive.”“This incident shows how broken our food regulatory system is.

Persons: Gwyneth Paltrow, Serena Williams, “ I’ve, ” Cory Silverstein, Silverstein, Luke Wesley Pearson, tara, we’ve, Rachel Drori, GRAS, —, It’s, ”, Pieter Cohen, Cohen, “, Tara, Tragically, Alexi Giannoulias, Sarah Gallo, “ GRAS, ” Gallo, Sarah Silbiger, Melanie Benesh, BVO, Giannoulias, Benesh, ” Benesh, Jim Jones, ” Jones, Thomas Galligan Organizations: CNN, Leek Crumbles, Harvest, CNN Business, Food and Drug Administration, FDA, Daily Harvest, Daily, Cambridge Health Alliance, The New England, of Medicine, Consumer Brands Association, Office, Natural Resources Defense Council, Environmental, Industry, Union, Illinois Food Safety, Illinois Senate, Getty, European Union, Human Foods, Center for Science, “ Locations: Peru, United States, Somerville , Massachusetts, The, California, Illinois, Jena

The idea behind a high-risk pool was to provide a safety net for people with pre-existing conditions struggling to find coverage. The high-risk pools, however, were critically underfunded, making monthly premiums for some patients double what they would be for a healthy individual, Cox said. “If you got into a high-risk pool, you might have had an exclusion on your coverage for six to 12 months,” Cox said. “When it doesn’t, it collapses.”Graves said that the U.S. could move back to a high-risk pool model but it would require “a massive amount of government subsidies to work.”“They would basically have to infuse the high-risk pool with enough subsidies to keep premiums affordable for people,” he said. “We had isolated pre-existing pools for the past 25 years, and they don’t work.”

Persons: Sen, JD Vance, Ohio, “, ”, Arthur Caplan, Cynthia Cox, ” Cox, Cox, John A . Graves, Tim Walz, ” Walz, ” Graves, Caplan, ” Caplan Organizations: Republican, NYU Langone Medical, Vanderbilt University School of Medicine, Democratic, Minnesota Gov Locations: New York City, Nashville , Tennessee, U.S

☆ Recursion gets FDA approval to begin phase 1 trials of AI-discovered cancer treatment
▼ + stars: | 2024-10-02 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +2 min

AI drug pioneer Recursion Pharmaceuticals said Wednesday that one of its experimental treatments hit a key milestone. The Food and Drug Administration cleared the investigational new drug application for a phase 1/2 clinical trial of an experimental drug candidate known as REC-1245. The company said the potential market for this treatment could be more than 100,000 patients in the U.S. and European Union. The trial will evaluate the safety and tolerability of REC-1245 and will begin in the fourth quarter of this year. "It's the first program that really is leveraging many of these new tools that we've built in one unit."

Persons: Chris Gibson, Gibson Organizations: Pharmaceuticals, CNBC, Drug Administration, Union, REC Locations: U.S

☆ Some steady names with income to ride out what's often a tumultuous October
▼ + stars: | 2024-10-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The month is normally the most inconsistent for stocks going back to 1950, with an average S & P 500 daily move of 1.3% in either direction, per FactSet data. The S & P 500 and Nasdaq Composite are up more than 20% in 2024 through Monday's close, while the Dow Jones Industrial Average has popped 12%. The major averages also ended September with solid gains that brought the Dow and S & P 500 to record levels. Against this backdrop, CNBC Pro screened for stocks that can ride out any volatility in the month ahead, with a history of producing steady income. PFE YTD mountain Pfizer stock.

Persons: Stocks, Goldman Sachs, James Schneider Organizations: Nasdaq, Dow Jones, Dow, CNBC Pro, DirecTV, Pfizer, Drug Administration Locations: Monday's

California has become the first state in the nation to prohibit school cafeterias from serving foods that contain six artificial dyes tied to health and behavioral problems. Known as the California School Food Safety Act, it outlaws Red 40, Yellow 5, Yellow 6, Blue 1, Blue 2 and Green 3 from the meals, drinks and snacks served at public schools statewide. “We’re feeling really proud of the fact that we are changing the national conversation around food safety,” he said in a phone interview. The International Food Additives Council, a trade organization, said in a statement that state-specific legislation such as the California School Food Safety Act undermines the FDA. Gabriel said he hoped the new California law will prompt more change on the federal level.

Persons: Gavin Newsom, Bill, Jesse Gabriel, haven’t, ” Gabriel, ”, Newsom, “, Gabriel, FDA hasn’t, ” Brian Ronholm, Gabriel . Organizations: Gov, California School Food Safety, Democratic, Food and Drug Administration, Environmental Health, European Union, Centers for Disease Control, FDA, Consumer, Food, California School Food, California Food Safety Locations: California, United Kingdom, United States

The move, experts say, isn’t based on medical science but instead on ongoing efforts from anti-abortion advocates to restrict access to abortion medications in states with near-total bans, like Louisiana. During a medication abortion, mifepristone is given first, followed by misoprostol one to two days later. According to the new law, it’s not a crime for a patient to possess the medications if they were prescribed to them. Hospitals don’t need to remove misoprostol from hemorrhage carts, the spokesperson added, or hesitate to administer misoprostol to patients experiencing health emergencies. The testimony “illustrated that easy access to these drugs can be dangerous to pregnant women,” Murrill said in the statement.

Persons: — mifepristone, misoprostol, Jennifer Avegno, ”, Greg Caudill, ” Avegno, “, mifepristone, it’s, Tamika Thomas, Magee, ” Thomas, “ We’re, Avegno, don’t, Liz Murrill, ” Murrill, Roe, Wade, Kaitlyn Joshua, ‘, ’ ” Joshua, Joshua —, —, ” Joshua, Lisa Boothby, ’, ” Boothby, They’ll, Boothby, You’re Organizations: New, New Orleans Health Department, NBC, Louisiana Society of Addiction, Gynecology, Louisiana Department of Health, Louisiana Society of Health, System, Physicians, Louisiana Legislature Locations: Louisiana, New Orleans, America, Baton Rouge

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