From The Wall Street Journal

Regeneron Antibody Drug Temporarily Protects Against Covid-19, Preliminary Data Show

January 26, 2021

Regeneron Pharmaceuticals Inc. said its antibody drug reduced coronavirus infections by half in people at high risk, a preliminary sign the therapy could be given to temporarily prevent Covid-19.

None of the patients receiving the drug developed symptoms from the virus, Regeneron said Tuesday, providing an interim analysis of a continuing study.

Regeneron Pharmaceuticals Inc. said its antibody drug reduced coronavirus infections by half in people at high risk, a preliminary sign the therapy could be given to temporarily prevent Covid-19.

None of the patients receiving the drug developed symptoms from the virus, Regeneron said Tuesday, providing an interim analysis of a continuing study.

Given the drug’s performance, Regeneron said it would discuss the possibility of authorizing the drug as a temporary vaccine with U.S. regulators. Complete trial data from the study is expected early in the second quarter, the company said….

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Pharmacies Can’t Ignore Amazon Drug Threat

November 18, 2020

Amazon.com, the boogeyman of retail, is stalking pharmacies now. Shareholders are rightly spooked.

The retail giant said Tuesday that customers can buy prescription medications through a new store on its platform. Members of its Prime service will receive two-day shipping on all medications ordered through the pharmacy at no charge. Amazon said that patients would have access to discounts negotiated by industry middlemen….

Amazon.com, the boogeyman of retail, is stalking pharmacies now. Shareholders are rightly spooked.

The retail giant said Tuesday that customers can buy prescription medications through a new store on its platform. Members of its Prime service will receive two-day shipping on all medications ordered through the pharmacy at no charge. Amazon said that patients would have access to discounts negotiated by industry middlemen….

Read the full The Wall Street Journal article

Trump Health Care Agenda Still a Work in Progress

August 11, 2020

President Trump has missed a self-imposed deadline to release a comprehensive health-care plan and has said he would issue an executive order on pre-existing conditions that public-health specialists believe would be difficult to execute because of legal and economic hurdles.

Mr. Trump said Friday that over the next two weeks he would be “pursuing a major executive order requiring health insurance companies to cover all pre-existing conditions for all customers.” The Obama-era Affordable Care Act already requires…

President Trump has missed a self-imposed deadline to release a comprehensive health-care plan and has said he would issue an executive order on pre-existing conditions that public-health specialists believe would be difficult to execute because of legal and economic hurdles.

Mr. Trump said Friday that over the next two weeks he would be “pursuing a major executive order requiring health insurance companies to cover all pre-existing conditions for all customers.” The Obama-era Affordable Care Act already requires…

Read the full The Wall Street Journal article

Insurers Report Mixed Results From Covid-19

August 4, 2020

Two giant sellers of insurance to consumers—Allstate Corp. and Prudential Financial Inc.—reported second-quarter results that reflected the far-ranging impact of Covid-19. Allstate’s profit surged from fewer vehicle accidents on the road while ultralow interest rates weighed on Prudential.

The two insurers’ results show the first full quarter of the coronavirus’s unprecedented toll on the U.S. economy. Across all U.S. life and property-casualty insurers, analysts and investors’ focus has been on the costs that insurers are…

Two giant sellers of insurance to consumers—Allstate Corp. and Prudential Financial Inc.—reported second-quarter results that reflected the far-ranging impact of Covid-19. Allstate’s profit surged from fewer vehicle accidents on the road while ultralow interest rates weighed on Prudential.

The two insurers’ results show the first full quarter of the coronavirus’s unprecedented toll on the U.S. economy. Across all U.S. life and property-casualty insurers, analysts and investors’ focus has been on the costs that insurers are…

Read the full The Wall Street Journal article

Walgreens to Open Doctors’ Offices at Its U.S. Stores

July 9, 2020

Walgreens Boots Alliance Inc., hit by slowing profits from prescription drugs, will attach doctors’ offices to hundreds of drugstores as the pharmacy chain seeks to remodel itself as a health-care provider.

The largest U.S. drugstore chain by stores is pairing with primary-care provider VillageMD to open 500 to 700 clinics at Walgreens sites….

Walgreens Boots Alliance Inc., hit by slowing profits from prescription drugs, will attach doctors’ offices to hundreds of drugstores as the pharmacy chain seeks to remodel itself as a health-care provider.

The largest U.S. drugstore chain by stores is pairing with primary-care provider VillageMD to open 500 to 700 clinics at Walgreens sites….

Read the full The Wall Street Journal article