Trump threatens to impose up to 200% tariff on pharmaceuticals ‘very soon’

Trump threatens to impose up to 200% tariff on pharmaceuticals ‘very soon’

U.S. President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday threatened to impose up to 200% tariffs on pharmaceuticals imported into the U.S. “very soon.”  “They’re going to be tariffs … Read more

Medicaid cuts in Trump’s ‘big beautiful’ bill will leave millions uninsured, threaten rural hospitals

Medicaid cuts in Trump’s ‘big beautiful’ bill will leave millions uninsured, threaten rural hospitals

An aerial view of Valley Health Hampshire Memorial Hospital on June 17, 2025 in Romney, W.V. Ricky Carioti | The Washington Post | Getty Images President Donald Trump‘s “big, beautiful bill” would make sweeping changes to U.S. health care, leaving millions of vulnerable Americans without health insurance and threatening the hospitals and centers that provide … Read more

Supreme Court upholds Tennessee ban on transgender youth medical care

Supreme Court upholds Tennessee ban on transgender youth medical care

People hold rainbow-coloured umbrellas and flags at a demonstration as the U.S. Supreme Court hears arguments over an appeal by U.S. President Joe Biden’s administration of a lower court’s decision upholding a Republican-backed ban in Tennessee on gender-affirming medical care for transgender minors, outside the court in Washington, U.S., December 4, 2024.  Benoit Tessier | … Read more

Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan

Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan

The Johnson & Johnson logo displayed on a monitor. Sopa Images | Lightrocket | Getty Images Two Democratic lawmakers on Tuesday pressed five of the nation’s largest pharmaceutical companies about their low tax bills and whether they support extending massive tax cuts for the industry in the GOP reconciliation bill. Sen. Elizabeth Warren, D-Mass., and … Read more

Judge deems Trump’s cuts to National Institutes of Health illegal

Judge deems Trump’s cuts to National Institutes of Health illegal

A federal judge in Boston on Monday said the termination of National Institutes of Health grants for research on diversity-related topics by President Donald Trump‘s administration was “void and illegal,” and accused the government of discriminating against racial minorities and LGBT people. U.S. District Judge William Young during a non-jury trial said the NIH violated federal … Read more

Speaker Mike Johnson says some Medicaid recipients will ‘choose’ whether to lose healthcare under House spending bill

Speaker Mike Johnson says some Medicaid recipients will ‘choose’ whether to lose healthcare under House spending bill

Speaker Mike Johnson, R-La., on Sunday defended cuts to Medicaid in the budget bill House Republicans passed last month from allegations that millions of Americans could lose their access to the program, saying that “4.8 million people will not lose their Medicaid unless they choose to do so.” Johnson told NBC News’ “Meet the Press” that the … Read more

Novo Nordisk is betting on a CEO shakeup to regain its weight loss drug edge over Eli Lilly

Novo Nordisk is betting on a CEO shakeup to regain its weight loss drug edge over Eli Lilly

A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024.  Tom Little | Reuters Novo Nordisk is banking on fresh leadership to help it reclaim the crown in the booming weight loss drug market. The Danish drugmaker on Friday abruptly announced that … Read more

Former President Joe Biden diagnosed with ‘aggressive’ form of prostate cancer

Former President Joe Biden diagnosed with ‘aggressive’ form of prostate cancer

Former President Joe Biden speaks during the Advocates, Counselors, and Representatives for the Disabled bipartisan conference at the Sofitel Chicago Magnificent Mile on Tuesday, April 15, 2025. Eileen T. Meslar | Chicago Tribune | Getty Images Former President Joe Biden has been diagnosed with prostate cancer, his office said Sunday. Biden was seen last week by doctors … Read more

Hinge Health aims to raise up to $437 million in IPO, pricing at $28 to $32 per share

Hinge Health aims to raise up to 7 million in IPO, pricing at  to  per share

Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health Hinge Health said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming initial public offering. The digital physical therapy startup filed its initial prospectus in March, and it updated the document with an expected … Read more

Trump wants to slash U.S. drug prices with ‘most favored nation’ policy – here’s what to know 

Trump wants to slash U.S. drug prices with ‘most favored nation’ policy – here’s what to know 

President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump on Monday moved forward with a plan to lower U.S. … Read more