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WBA sells 15.5 million shares of Option Care Health

WBA sells 15.5 million shares of Option Care Health

Walgreens Boots Alliance (WBA) announced Thursday  that it has sold 13.0 million shares of Option Care Health (OPCH) common stock in an underwritten secondary offering and, subject to completion of the offering, a concurrent share repurchase by OPCH in the amount of approximately 2.5 million shares.

Lilly cuts insulin prices by 70%

Lilly cuts insulin prices by 70%

Eli Lilly and Co. announced price reductions of 70% for its most commonly prescribed insulins and an expansion of its Insulin Value Program that caps patient out-of-pocket costs at $35 or less per month.

Walmart releases Q4 numbers

Walmart releases Q4 numbers

Wal­mart cited broad-based strength across its global segments in posting revenue growth of 7.3% in its fiscal year ended January 31. The company posted fiscal 2023 net income of nearly $11.7 billion, down 14.6% compared with the previous fiscal year.

Bill Anderson to become CEO of Bayer AG

Bill Anderson to become CEO of Bayer AG

Leverkusen – The Supervisory Board of Bayer AG has appointed Bill Anderson to become CEO of Bayer, effective June 1, 2023. He will join Bayer as a member of the Board of Management on April 1, 2023.  Anderson was elected unanimously after a thorough selection process which began mid last year.