Boston Scientific Corp. (NYSE: BSX), a leading global medical device manufacturer, is facing an unusual period of stagnation. Known for delivering consistent performance over the years, the company’s stock has treaded water for the last six months. But with the…
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Novartis AG NOVN –.–% Sanofi SA SAN –.–% Roche Holding AG ROG –.–% Eli Lilly and Co LLY –.–% Johnson & Johnson JNJ –.–% U.S. pharmaceutical companies are racing to assess the fallout from President Donald Trump’s proposal of a 200%…
WeightWatchers, the 62-year-old program that revolutionized dieting for millions of people around the world, has filed for bankruptcy. The company announced Tuesday it has entered Chapter 11, which “will bolster its financial position, increase investment flexibility in its strategic growth initiatives,…
Rite Aid filed for bankruptcy protection Monday for the second time, less than a year after the embattled drugstore chain emerged from Chapter 11 as a private company. Rite Aid said in a news release that it’s looking for a buyer and…
Johnson & Johnson has shifted its generative AI strategy away from broad experimentation across the healthcare conglomerate to a more focused approach.Chief Information Officer Jim Swanson said the move ensures that the company allocates resources only to the highest-value generative AI use cases,…
