Trump to sign order to cut some U.S. drug prices to match those abroad

Trump to sign order to cut some U.S. drug prices to match those abroad

US President Donald Trump participates in a celebration of military mothers in the East Room of the White House in Washington, DC, on May 8, 2025. Jim Watson | AFP | Getty Images President Donald Trump on Monday will revive a controversial policy that aims to slash drug costs by tying the amount the government … Read more

Virtual chronic care company Omada Health files for IPO

Virtual chronic care company Omada Health files for IPO

Omada Health smart devices in use. Courtesy: Omada Health Virtual care company Omada Health filed for an IPO on Friday, the latest digital health company that’s signaled its intent to hit the public markets despite a turbulent economy. Founded in 2012, Omada offers virtual care programs to support patients with chronic conditions like prediabetes, diabetes … Read more

These 6 portfolio names pledged big U.S. investments since Trump took office again

These 6 portfolio names pledged big U.S. investments since Trump took office again

Many of the biggest U.S. companies have pledged to invest trillions of dollars in the United States since President Donald Trump started his second term — including six names in our portfolio. These moves are aimed at aligning companies with the president’s vision for a new global trade order designed to bring manufacturing jobs back … Read more

Hinge Health says revenue increased 50% in first quarter — still no price range for IPO

Hinge Health says revenue increased 50% in first quarter — still no price range for IPO

Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health on Monday updated its prospectus to include the results from its first quarter, which showed accelerating revenue growth over its fourth quarter. The digital physical therapy startup filed to go public in March, but it has not shared a price range yet. Hinge said that revenue … Read more

Trump signs order to boost domestic drug manufacturing as pharma tariffs loom

Trump signs order to boost domestic drug manufacturing as pharma tariffs loom

U.S. President Donald Trump speaks before signing executive orders in the Oval Office at the White House, in Washington, D.C., U.S., May 5, 2025. Leah Millis | Reuters President Donald Trump on Monday signed an executive order to incentivize prescription drug manufacturing in the U.S., streamlining the path for pharmaceutical companies to build new production … Read more

From ‘Cockroach Award’ to the Big Board: Hinge Health’s unlikely path to IPO

From ‘Cockroach Award’ to the Big Board: Hinge Health’s unlikely path to IPO

Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health At digital physical therapy startup Hinge Health, CEO Daniel Perez used to recognize hard-working employees with the “Cockroach Award,” a distinction that brought with it a “cockroach squad” t-shirt and a cash payout. References to the insect were abundant at the … Read more

Eli Lilly CEO says company can help ‘respond’ to national security concerns around essential drugs as tariffs loom

Eli Lilly CEO says company can help ‘respond’ to national security concerns around essential drugs as tariffs loom

CEO of Eli Lilly and Company David Ricks speaks at the Economic Club of New York on March 12, 2024 in New York City. Spencer Platt | Getty Images Eli Lilly CEO Dave Ricks on Thursday said the drugmaker can help “respond” to national security concerns around cheaper essential medicines as pharmaceutical-specific tariffs loom.  The … Read more

CVS tops estimates, hikes guidance as insurance business shows some improvement

CVS tops estimates, hikes guidance as insurance business shows some improvement

CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024. Jakub Porzycki | Nurphoto | Getty Images CVS Health on Thursday reported first-quarter earnings and revenue that topped estimates and hiked its guidance, as its troubled insurance business showed some improvement during the period.  Shares of CVS were up 7% in … Read more

These are the 4 biggest things we’re watching in the stock market in the week ahead

These are the 4 biggest things we’re watching in the stock market in the week ahead

The stock market heads into Monday on a streak of volatility it just can’t seem to shake. What had been shaping up as a positive holiday-shortened week turned on a dime Wednesday when Federal Reserve Chairman Jerome Powell signaled concern that President Donald Trump ‘s tariffs could increase inflation and slow economic growth. Speaking at … Read more

Medical product manufacturers are divided over Trump’s tariffs

Medical product manufacturers are divided over Trump’s tariffs

President Donald Trump‘s tariffs are creating a divide in the medical community. Medical devices and protective gear made in China, Mexico and Canada were exempt from duties during the first Trump administration, but so far have not gotten a reprieve from his newest round of levies. While device makers who would take a big hit … Read more