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EU regulator backs Pfizer's RSV vaccine for infants, older adults

Kenvue forecasts profit above estimates on self-care demand

Consumers prioritizing their dollars for essential, daily use products amid a cost-of-living crisis in some parts of the world has boosted companies such as Kenvue and peer Haleon. "While consumers may be trading down in more discretionary and traditional staple categories, we have not seen this dynamic in our portfolio," Kenvue CEO Thibaut Mongon said on a call with analysts, adding that health and wellness was still in focus. That helped Kenvue record a 12.2% rise in quarterly revenue for the self-care business, which houses over-the-counter products, or medicines that can be bought without a prescription.

Kenvue quarterly sales rise on strong demand for self-care products

Kenvue on Thursday posted a rise in quarterly sales thanks to strong demand for its self-care and skincare brands such as Tylenol and Neutrogena. In its first results announcement since.

J&J spinoff Kenvue forecasts upbeat annual profit on self-care boost

Softbank-backed Neumora's depression drug cuts symptoms in mid-stage trial

Softbank-backed Neumora Therapeutics' experimental drug navacaprant has helped reduce symptoms of depression in patients with moderate-to-severe forms of the disorder in a mid-stage trial, the company said on Tuesday.