Health Care

CVS Health 1Q Earnings Beat Expectations

CVS Health reported an adjusted 1Q profit of $1.18 per share, topping the estimate for $1.16. Revenue for the company came in at $43.22 billion, beating the estimate for $43 billion.

CDC Reports First Zika Death in Puerto Rico

Puerto Rico has 683 confirmed cases of the Zika virus, including 65 pregnant women with symptoms of the virus and one death, U.S. health officials said on Friday.

Quest Diagnostics Says Its Zika Virus Test Gets U.S. Approval

Quest Diagnostics said it has received emergency authorization from the U.S. Food and Drug Administration to sell the first commercially developed diagnostic test for Zika in the United States, a step that may help expand testing capacity and speed diagnosis of the virus.

Abbott to Buy St. Jude Medical for $25B

Abbott Laboratories said it agreed to buy medical device maker St. Jude Medical for $25 billion to add heft to its heart and neurological devices business.

Perrigo to Name Hendrickson CEO as Papa Joins Valeant

Drugmaker Perrigo has decided to let Chief Executive Officer Joseph Papa join Valeant Pharmaceuticals International as CEO and replace him with President John Hendrickson, according to people familiar with the matter.