Health

Bristol Myers to Acquire the Drugmaker Karuna for $14 Billion
Health

Bristol Myers to Acquire the Drugmaker Karuna for $14 Billion

Bristol Myers Squibb, the global pharmaceutical giant, said on Friday that it would acquire Karuna Therapeutics, which makes drugs to treat schizophrenia and Alzheimer’s, in an all-cash deal valued at $14 billion as it looks to strengthen its pipeline of neuroscience drugs.Bristol Myers said in a statement that it would pay $330 per share in cash, a premium of roughly 53 percent to Karuna’s share price on Thursday.An increasing prevalence of schizophrenia, driven in part by an aging population, has led to a push to make more drugs to treat it. The market for such therapies is estimated to grow to $12.6 billion by 2032, according to the research firm Market.Us. Earlier this month, the biomedical company AbbVie bought Cerevel Therapeutics, which develops drugs to treat psychiatric and neurol...
Americans Are Signing Up for Obamacare in Record Numbers
Health

Americans Are Signing Up for Obamacare in Record Numbers

Why It Matters: The Affordable Care Act is expanding its reach.Despite a recent warning from former President Donald J. Trump, the front-runner in the race for the 2024 Republican presidential nomination, that he was “seriously looking at alternatives” to the Affordable Care Act, the latest surge in marketplace enrollment is a testament to the law’s enduring power.Legislation passed earlier in the Covid-19 pandemic increased federal subsidies for people buying plans, lowering the costs for many Americans. The Biden administration also lengthened the sign-up period and increased advertising for the program and funding for so-called navigators who help people enroll.“More and more people are realizing they can come onto the marketplace,” said Cynthia Cox, the director of the Program on the A...
Dean Phillips, an Upstart Challenger to Biden, Embraces ‘Medicare for All’
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Dean Phillips, an Upstart Challenger to Biden, Embraces ‘Medicare for All’

As he mounts a long-shot primary challenge to President Biden, Representative Dean Phillips says he has had an epiphany about American health care policy.Gone is his yearslong skepticism about adopting a national single-payer health care system. Now Mr. Phillips, a moderate Democrat from Minnesota, is embracing the “Medicare for all” proposal championed in two presidential campaigns by Senator Bernie Sanders — whose former top aide is now advising Mr. Phillips’s campaign.Mr. Phillips said in an interview on Tuesday that he would join as a co-sponsor to a House proposal that would expand Medicare by creating a national health insurance program available to all Americans, a shift that comes seven weeks into a presidential campaign that has yet to show significant progress in public polling.“...
Tongue-Tie Releases: What Parents Should Know
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Tongue-Tie Releases: What Parents Should Know

It’s an increasingly common scenario faced by new mothers across the country: A lactation consultant examines their newborn and suggests that cutting a “tongue-tie” may ease their difficulty breastfeeding.The quick procedure, known as a tongue-tie release, involves a dentist or doctor snipping a tight band of tissue connecting the tongue to the bottom of the mouth. In recent years, lactation consultants and dentists have aggressively promoted the procedures, even for babies with no signs of real tongue-ties and despite a modest risk of complications, a New York Times investigation recently found.Many parents, anxious and exhausted, agonize over whether to go through with the procedure, which is often done with a dental laser. Dentists, lactation consultants and pediatricians often disagree...
Amanda Serrano wants to fight 3-minute rounds. Will boxing respond?
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Amanda Serrano wants to fight 3-minute rounds. Will boxing respond?

Amanda Serrano was overcome with pure joy. Her face lit up as the scorecards were read and several featherweight championship belts were placed on her right shoulder and waist. She had dominated Danila Ramos en route to a unanimous decision win in October, bolstering her argument for being considered the best pound-for-pound fighter in the sport, and a trailblazer.Serrano’s performance came in the first unified women’s championship fight contested over 12 three-minute rounds in boxing history. Female boxers, until that point, were only able to compete in bouts with 10 (or fewer) rounds at two minutes each.“I really enjoyed the three minutes,” Serrano said after the fight in Florida. “I was able to set up a little more of my punches, and I think I’m going to continue with the three minutes....