health

Kimberly-Clark to acquire Tylenol maker Kenvue in $48.7 billion deal

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Kimberly-Clark to acquire Tylenol maker Kenvue in .7 billion deal

Kimberly-Clark on Monday said it is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, combining the Huggies manufacturer with the owner of Aveeno and Band-Aid. Kenvue shareholders will receive $3.50 per share in cash and 0.14625 Kimberly-Clark shares for each Kenvue share held at closing. That amounts to $21.01 … Read more

580,000 bottles of a blood pressure drug recalled over cancer risk, FDA says

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580,000 bottles of a blood pressure drug recalled over cancer risk, FDA says

The Federal Drug Administration said drugmakers have recalled more than 580,000 bottles of a blood pressure medication over concerns that it may include a cancer-causing chemical. New Jersey-based drugmaker Teva Pharmaceuticals USA and drug distributor Amerisource Health Services issued voluntary nationwide recalls earlier this month of over half a million bottles of various strengths of prazosine capsules, … Read more

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