Tag Archives: Bloomberg

Pfizer’s mixed 1Q results spur M&A hopes; is Bristol-Myers a “done deal”?

The News: Pfizer Inc. said Tuesday (May 2, 2017) that first-quarter sales declined 2% year-over-year to $12.8 billion, missing analyst estimates of $13.1 billion, with the company highlighting one less… Read more »

GOP healthcare bill heads to Senate where fate far from certain

The News: The US House of Representatives on Thursday (May 4, 2017) voted 217 to 213 in favor of proposed legislation that would repeal and replace parts of the Affordable Care Act (ACA), signed into… Read more »

NIH proves immune to Trump’s budget scalpel

The News: Lawmakers expanded instead of slashed the budget for the National Institutes of Health (NIH) in its bipartisan deal to fund the government earlier this week, essentially snubbing the… Read more »

Zombie Trumpcare doesn’t make it to Congress again despite Republican insistence it outshines first train wreck

After an embarrassing failure in March, with President Donald Trump pushing fellow Republicans in the US Congress to try again to replace his predecessor’s healthcare reform, US House leaders decided… Read more »

Anthem defies Wall Street, rivals, with stellar 1Q results pegged to Obamacare business

The News: Anthem Inc. (Indianapolis IN), which has 1.1 million customers in individual Obamacare plans, said it was moving ahead with its 2018 insurance filings but had told state regulators… Read more »

Cardinal Health does face plant on skanky earnings guidance; even deal for some Medtronic assets raises concerns

The News: Cardinal Health Inc. (Dublin OH) struck a deal to buy part of Medtronic PLC’s (Dublin IRL) patient monitoring and recovery unit for $6.1 billion, bringing businesses under Cardinal’s roof… Read more »

UnitedHealth crushes 1Q estimates post Obamacare dump; first to jettison social conscience now taking leadership role

The News: UnitedHealth Group Inc. (Minnetonka MN) posted stronger-than-expected earnings Tuesday (April 18, 2017) in the first quarter without the vast majority of its Affordable Care Act-compatible individual health-insurance business. The… Read more »

Wall Street cheers as Axovant snags biotech star David Hung; failed Alzheimer’s drug not impressed

The News: Axovant Sciences Ltd. (Hamilton Bermuda) announced that former Medivation Inc. (San Francisco) chief executive and founder David Hung has been selected as its next CEO effective April 7, 2017 sending… Read more »

Message to GOP on Trumpcare resuscitation effort: it’s dead; get over it

The News: House Speaker Paul Ryan announced a Republican agreement Thursday (April 6, 2017) on legislative language that he said will bring the chamber closer to passing a bill to… Read more »

GOP can’t handle the truth: millions to lose coverage under Trumpcare

Steve’s Take: Remember President Trump’s pre- and post-election promise, no, it sounded more like a guarantee, of “insurance for everybody?” Then last week, the Trump-backed House bill, when finally unveiled… Read more »