Health Headlines: Profit Surges, Strategic Exits, and Global Health Alerts
Recent health news includes Getinge exceeding profit estimates despite tariff costs, strategic exits at Novo Nordisk, France's heightened bird flu alert, FDA approval for a new eye therapy, Spain's ban on cattle exports due to disease, and WeightWatchers' collaboration with Amazon for drug delivery.
Despite absorbing significant tariff costs, Swedish medical equipment giant Getinge surpassed quarterly earnings expectations, thanks to strategic price hikes and cost-saving measures. This financial success propelled the company's shares by 3%.
Novo Nordisk faces a leadership shake-up as the chair and six independent directors plan to resign over strategic disagreements with their main shareholder, the Novo Nordisk Foundation, at an upcoming extraordinary shareholder meeting.
In response to a surge in bird flu cases, France elevated its alert status to 'high', mandating indoor housing for poultry across the nation as part of efforts to control the disease's spread.
(With inputs from agencies.)
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