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  • 1 week ago | today.westlaw.com | Puyaan Singh |Shilpi Majumdar |Krishna Eluri

    (Reuters) - The U.S. Food and Drug Administration said on Thursday all its centers will deploy artificial intelligence internally immediately, with full integration on June 30, following the completion of a new generative AI pilot for scientific...

  • 2 weeks ago | marketscreener.com | Christy Santhosh |Puyaan Singh

    (Reuters) -AbbVie raised its full-year profit forecast on Friday while downplaying the potential hit some analysts expect it to take from sector-specific import duties that could be imposed by the Trump administration. Drugmaker shares, including AbbVie's, have fallen over the past month due to investor concerns around a probe into pharmaceutical imports that sets the stage for U.S. levies on the sector.

  • 2 weeks ago | yahoo.com | Christy Santhosh |Puyaan Singh

    By Christy Santhosh and Puyaan Singh(Reuters) -AbbVie raised its 2025 profit forecast on Friday after strong sales of its newer immunology drugs Skyrizi and Rinvoq helped the company beat Wall Street estimates for first-quarter earnings, sending shares up more than 4% in premarket trading. The company said its updated forecast did not reflect any trade policy shifts, including possible U.S. tariffs on the pharmaceutical sector.

  • 4 weeks ago | marketscreener.com | Christy Santhosh |Puyaan Singh

    (Reuters) -Medical device maker Abbott Laboratories maintained its annual profit forecast on Wednesday and said it expected the U.S. tariffs to hit earnings by a "few hundred million dollars". Shares rose 6% in morning trade, as the company also announced $500 million in new investments in manufacturing and research projects in Illinois and Texas.

  • 1 month ago | reuters.com | Puyaan Singh

    The Centers for Medicare & Medicaid Services said on Friday it did not move forward with a proposal put forth by the Biden administration for Medicare coverage of weight-loss drugs such as Novo Nordisk's Wegovy.

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