Strait of Hormuz standoff puts supply of America’s generic drug prescriptions at risk

[ad_1] An employee monitors bottles as they move along the drug production line inside the packaging unit at the Lupin Ltd. pharmaceutical plant in Salcette, Goa, India, Bloomberg | Bloomberg | Getty Images The closure of the Strait of Hormuz by Iran is a military strategy with vast consequences for the global economy, not just … Read more

Medical device stocks have formed a ‘cup-and-handle’ chart pattern. What that means for the group

[ad_1] Health care was the top performing sector by far in November, with the S & P 500 Health Care Sector gaining an impressive 9.1%. The rally appears to be the start of a cyclical uptrend, lending a bullish outlook for 2026. While some health care stocks are overstretched in the short term, we have … Read more

Abbott Labs shares surge on earnings and a big sign of confidence in the business

[ad_1] Shares of Abbott Laboratories jumped Wednesday after the diversified health-care company delivered strong first-quarter results and left its earnings guidance intact — a big sign of confidence in an uncertain time. Revenue in the three months ended March 31 rose 4% to $10.36 billion, narrowly missing the consensus of $10.4 billion, according to estimates … Read more