Edition:
United Kingdom

Caroline Humer

UPDATE 3-UnitedHealth approaches 2021 cautiously on COVID-19 uncertainty, shares fall

14 Oct 2020

Oct 14 UnitedHealth Group Inc on Wednesday took a conservative stance toward its expectations for 2021, citing uncertainties related to the COVID-19 pandemic, but raised its profit forecast for this year after third-quarter earnings beat estimates.

Special Report: Big Pharma wages stealth war on drug price watchdog

11 Sep 2020

As evidence grew this spring that the drug remdesivir was helping COVID-19 patients, some Wall Street investors bet on analysts’ estimates that its maker, Gilead Sciences Inc, could charge up to $10,000 for the treatment.

Alphabet's Verily targets employer health insurance with Swiss Re partnership

25 Aug 2020

Alphabet Inc's life sciences division Verily is partnering with reinsurer Swiss Re to launch a unit to provide stop-loss insurance, a financial product purchased by employers to cover unexpected and large employee healthcare costs.

U.S. FDA rejects BioMarin hemophilia A gene therapy, shares dive

19 Aug 2020

The U.S. Food and Drug Administration rejected BioMarin Pharmaceutical Inc's gene therapy for bleeding disorder hemophilia A citing the need for longer-term data, the drugmaker said on Wednesday, potentially pushing any approval out to 2022.

COVID-19 long-term toll signals billions in healthcare costs ahead

03 Aug 2020

NEW YORK Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again.

INSIGHT-Long-term complications of COVID-19 signals billions in healthcare costs ahead

03 Aug 2020

NEW YORK, Aug 3 Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again.

Cigna profit gets boost from lower costs as patients delay surgery

30 Jul 2020

Health insurer Cigna Corp beat Wall Street expectations for second-quarter profit on Thursday, helped by lower medical costs from delayed surgical procedures and strong sales from its pharmacy benefits business.

Anthem profit tops expectations as people delay medical care during pandemic

29 Jul 2020

Anthem Inc reported a quarterly profit that topped Wall Street expectations on Wednesday, aided by lower medical costs as people delayed non-essential procedures during the first surge of the U.S. coronavirus outbreak.

Over half of U.S. companies plan virus contact tracing for employees: survey

23 Jul 2020

NEW YORK More than half of U.S. companies surveyed by benefits company Mercer are starting COVID-19 contact tracing programs in their workplace with employees venturing back to offices even as new cases soar nationally.

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