Health, Fitness & Food

Activist investor Starboard Value has ended its fight against Bristol-Myers Squibb’s buyout of biotechnology company Celgene after two prominent proxy advisors announced their support for the deal earlier on Friday. The withdrawal comes hours after both Institutional Shareholder Services and Glass Lewis recommended Bristol-Myers shareholders vote in favor of its bid. “Despite the substantial swell
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A New York county’s ban on unvaccinated minors in public is working, an official told CNBC on Friday. Rockland County Executive Ed Day said more than 500 immunizations have been administered since he announced the ban on Tuesday. “We’ve gotten their attention,” he said in an interview with “The Exchange.” And that was the point.
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Clover Health, an Alphabet-backed health insurer, has long emphasized its commitment to technology to help predict when its members are likely to get sick so the company can intervene before that happens. But as Clover grows to serve more people, the company is realizing it needs a different kind of expertise, and is focused on
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Apple is investing in health-technology and putting its hardware to use in doctor’s offices across the country. It’s also making moves in financial services, with its Apple Pay service and a new credit card. So how about the intersection between health and financial services? Some experts in the space see a big opportunity for Apple
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It’s Hollywood’s new favorite beauty product. It’s the superfood du jour. Demand for CBD is so strong that companies are scrambling to infuse their products with it, but the CBD they’re finding isn’t all that great. Congress legalized industrial hemp in December. With it, they also legalized hemp-derived CBD, short for cannabidiol, a cannabis compound
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Humana executives say they are modeling a number of scenarios to try to figure out how they’ll price their Medicare drug plans for 2020 as the health insurance industry awaits new pharmacy benefit rebate regulations expected this spring from the Trump administration. “We’re spending a lot of time at Humana doing some game theory, a
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Sugary drinks may feed colon cancer tumors, according to a study published Thursday in the journal “Science.” High-fructose corn syrup feeds colon tumors in mice, suggesting that drinking soda may produce similar effects in humans, a study from Weill Cornell Medicine, a medical school, and NewYork-Presbyterian Hospital found. Researchers said early stage tumors were eating
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CVS Pharmacy said on Wednesday that it has started selling cannabidiol, or CBD, products in select states. The pharmacy chain said the products include topicals such as creams, sprays, roll-ons, lotions and salves. These products are available in 8 states: Alabama, California, Colorado, Illinois, Indiana, Kentucky, Maryland and Tennessee. In a statement, CVS specified that
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People buying medical supplies on Amazon, such as glucometers and cold medicine, can now use their flexible savings accounts or health savings accounts to get discounts. These programs, often referred to as an HSA or FSA, allow people with health insurance to set aside a portion of their salary before taxes to cover medical expenses
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Shares of major cannabis companies rallied Tuesday after New Jersey politicians outlined plans to legalize the adult use of recreational marijuana in the state. Several New Jersey legislators joined Democratic Governor Phil Murphy in announcing Tuesday a bill that would allow adult-use marijuana in the Garden State. The legislation would also allow municipalities that are
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Some have called Food and Drug Administration Commissioner Scott Gottlieb’s resignation a boon for the e-cigarette industry, which Gottlieb has repeatedly attacked for fueling a surge in teen vaping. The impact of his abrupt resignation, however, may not be that simple. Gottlieb in September declared teen e-cigarette use an “epidemic” and threatened to pull products
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The Trump administration is considering a rule that would require hospitals to publicize the prices they negotiate with insurers. The policy is part of a broader proposed rule the Health and Human Services Department is pursing on patient data. The public comment period closes May 3 and the administration could publish a final rule after
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Researchers in London are giving hope to finding a cure for AIDS after a second HIV-positive man appears to have shaken the disease following a bone-marrow transplant, according to research published Tuesday by his doctors. Tests confirmed the man’s virus to be undetectable even though he’s been off antiretroviral therapy for 18 months, doctors said
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TheFood and Drug Administration called out 15 retailers on Monday for allegedly selling tobacco products to minors and requested information from more than 40 e-cigarette companies the agency thinks may have illegally introduced new products onto the market. The agency named corporate-owned and franchise retailers who were allegedly found selling tobacco products to minors more
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