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Moderna posts quarterly sales beat, smaller loss than expected

(Reuters) -Moderna on Thursday reported quarterly revenue that beat Wall Street estimates but came in dramatically lower than the previous year when demand for COVID-19 vaccines was higher. Sales of Moderna’s COVID-19 shot Spikevax, its only marketed product, dropped 91% from the previous year to $167 million for the quarter but surpassed analysts’ expectations of $97.5 million. The Cambridge, Massachusetts-based company reaffirmed that it expects to receive approval from regulators for its respiratory syncytial virus (RSV) vaccine in time for it to be included in this fall's U.S. vaccine campaign. ....

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Biden administration takes step to make marijuana use a less serious crime

Biden administration takes step to make marijuana use a less serious crime
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CVS cuts 2024 profit forecast as soaring medical costs hit insurance unit

CVS cuts 2024 profit forecast as soaring medical costs hit insurance unit
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CVS Cuts 2024 Profit Forecast as Insurance Unit Faces Soaring Medical Costs

CVS Cuts 2024 Profit Forecast as Insurance Unit Faces Soaring Medical Costs
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Walmart to shut all health centers in US over lack of profitability

By Siddharth Cavale (Reuters) -Walmart said on Tuesday it will close all 51 of its health centers and shut its virtual health care operations, saying it . ....

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