healthcare
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Top StoriesUK First to Approve Omicron Covid Shot With Moderna Nod

Drugmakers’ Shares Stabilise After Zantac Litigation Slump
Date: August 12, 2022
By Natalie Grover LONDON (Reuters) – Shares in GSK, Sanofi, Haleon and Pfizer began to recover on Friday after the companies said that nothing material had changed regarding U.S. litigation focused on heartburn drug Zantac. The companies’ share prices had fallen sharply this week on investor concern about the litigation over potential cancer-causing impurities that...

Gsk, Sanofi and Haleon Shares Slump on Zantac Litigation Concerns
Date: August 12, 2022
By Natalie Grover and Danilo Masoni LONDON (Reuters) -Shares in GSK, Sanofi and Haleon fell sharply on Thursday, following declines earlier this week, amid growing investor concerns about U.S. litigation focused on a heartburn drug that contained a probable carcinogen. GSK shares fell more than 10%, Sanofi’s stock sagged about 3.3% and Haleon’s shares slipped...

FTSE 100 Stalls as Rio Tinto, Healthcare Stocks Weigh
Date: August 11, 2022
By Sruthi Shankar (Reuters) -Britain’s top share index dipped on Thursday, weighed down by Rio Tinto and healthcare stocks, while the midcap index struggled after hitting a two-month peak earlier as prospect of higher U.S. interest rates kept investors wary. The FTSE 100 dropped 0.1%, with Rio Tinto falling 3.8% as the miner traded without...

Exclusive-Rotavirus Childhood Vaccine Shortage Hits Four African Countries
Date: August 10, 2022
By Jennifer Rigby LONDON (Reuters) – Supplies of a vaccine to prevent the deadly rotavirus infection in children have either run out in Kenya, Tanzania, Senegal and Cameroon or are close to doing so, officials close to the roll-out told Reuters, after disruptions at drugmaker GSK. The World Health Organization estimates that up to 200,000...

Nurses in England and Wales to Vote on Strike Action Over Pay
Date: August 9, 2022
LONDON (Reuters) – Hundreds of thousands of nurses in England and Wales will vote next month on whether to strike in a row over pay, the trade union representing them said on Tuesday, threatening further disruption to an already understaffed health service. A strike ballot for nurses working in Britain’s state-run National Health Service (NHS)...

Flush With Cash, Pfizer Buys Global Blood Therapeutics in $5.4 Billion Deal
Date: August 8, 2022
By Mrinalika Roy and Michael Erman (Reuters) – Pfizer Inc on Monday agreed to pay $5.4 billion in cash for sickle cell disease drugmaker Global Blood Therapeutics, as it looks to capitalize on a surge in revenue from its COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, which represents a 7.3% premium...
