Business of Healthcare

Health care technology company Royal Philips NV employs roughly 80,000 employees. Philips chief executive Roy Jakobs called the job cuts "difficult, but necessary."

Pfizer Inc. on Thursday revealed the possible U.S. list price it is eyeing for its adult COVID-19 vaccine doses once the shot hits the commercial market.

Novo Nordisk, which manufactures the antidiabetic drugs Ozempic and Wegovy, told FOX Business it's facing supply issues due to "unprecedented demand" on top of global supply constraints.

Known for 35mm film cameras, Olympus now focuses on more advanced cameras, the kinds doctors use to look inside your organs. Foreign CEOs are rare in Japan.

The Food and Drug Administration authorized the Novavax COVID-19 vaccine as a booster for use in adults on Wednesday. The company has struggled with vaccine sales.

The company tightened its full-year adjusted profit forecast range. Sales at its medical devices unit rose to $6.78 billion on demand for contact lenses and wound-closure products.

Retailers started selling over-the-counter hearing aids nationwide this week, giving Americans with perceived mild-to-moderate hearing impairments better access to products.

Many people, including buisness magnate Elon Musk, have used a drug known as Wegovy to shed some weight or jumpstart their weight loss. Although it can be pricy.

Walgreens Boots Alliance executives said during their earnings call Thursday that pharmacy staffing shortages have created challenges for prescription growth.

Shares of Cano Health climbed on Friday following a report the value-based primary care provider is in exclusive talks to be bought by CVS Health. The Miami-based healthcare provider went public in June 2021.

Google will require new and existing Fitbit users to sign in through its services to access Fitbit accounts by 2025. Google bought Fitbit in January 2021.

Zero-premium Medicare Advantage plans are popular, but not all coverage is the same. Here's what shoppers should know ahead of next week's enrollment.

Amylyx says doctors will be able to prescribe Relyvrio immediately. The drugmaker anticipates prescriptions will be filled and shipped from specialty pharmacies within the next four to six weeks.

Amazon has announced the new Halo Rise, a no-contact sleep tracking device that is set to release later this year. The device doubles as an alarm clock.