Health

Eli Lilly Sales Increase Amid Surge for Weight Loss Drugs

Eli Lilly sales increase has caught the attention of Wall Street as the pharmaceutical giant reports a staggering 45% revenue growth driven by the surging demand for its weight loss drug, Zepbound, and diabetes treatment, Mounjaro.The company’s impressive earnings surpassed analysts’ expectations, highlighting its strong position in the burgeoning weight loss drug sales market.

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Oracle Health Outage Causes Major Disruptions in Hospitals

The recent Oracle Health outage has raised significant concerns among healthcare providers and patients alike, as it forced several Community Health Systems (CHS) hospitals to revert to paper-based patient records for five days.This electronic health record (EHR) system outage occurred due to engineers accidentally deleting critical storage during maintenance, impacting key hospital operations across multiple states.

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Lilly Lawsuits Against Compounded Tirzepatide Companies

The recent spate of Lilly lawsuits compounded tirzepatide highlights the escalating tensions between Eli Lilly and various telehealth companies.In these legal actions, Lilly alleges that Mochi Health, Fella Health, Willow Health, and Henry Meds are misleading consumers by promoting compounded versions of tirzepatide—a crucial component of their well-known weight loss drug, Zepbound, and diabetes treatment, Mounjaro.

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Merck Profit Guidance: Adjusted Earnings Forecast Lowered

Merck profit guidance took a notable hit on Thursday, as the pharmaceutical giant revised its full-year earnings expectations downward, reflecting an estimated $200 million in costs associated with tariffs and a recent licensing charge.The revised outlook sets Merck’s adjusted earnings for 2025 between $8.82 and $8.97 per share, a dip from its previous forecast of $8.88 to $9.03 per share.

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Bristol Myers Squibb Earnings Report Exceeds Expectations

Bristol Myers Squibb earnings report reveals a promising outlook for the pharmaceutical giant, as it surpassed first-quarter expectations and adjusted its revenue and profit forecasts for the year.The company now anticipates a revenue projection ranging from $45.8 billion to $46.8 billion by 2025, reflecting a strategic focus on cost management amidst changing market conditions.

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