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Morning Headlines 8/8/24

August 7, 2024 Headlines No Comments

CVS’s stock drops as the healthcare-benefits business continues to hurt profits

CVS Health shares drop on the news of disappointing Q2 results, largely stemming from its lackluster Aetna health benefits business, and the ouster of Aetna EVP and President Brian Kane.

Roche considering divesting $1.9 bln cancer data startup, FT reports

Pharmaceutical company Roche is reportedly considering selling Flatiron Health, the oncology software and research company it acquired in 2018 for $1.9 billion.

McLaren hospitals disruption linked to INC ransomware attack

McLaren Health Care (MI) confirms that the recent disruption to its IT systems was caused by a ransomware attack led by the INC ransomware gang.



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