Browsing: Health

When Congress passed a spending package earlier this year, few industries were more disappointed than pharmacy benefit managers. PBMs are middlemen who liaise between insurers, drug manufacturers and pharmacies to determine which drugs are covered at what price. Their job, as the New York Times reported in 2024, “is to reduce drug costs. Instead, they…

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shingo Ueno) has made a strategic investment in the A’alda Japan Group, strengthening an existing partnership and expanding collaboration in the veterinary healthcare business. Building on its initial investment in A’alda in 2024, this additional commitment deepens Sumitomo Corporation’s relationship with the…

Wellness is moving from a niche interest to a mainstream spending habit, with UK consumers directing more money toward health, fitness, and feel good experiences at festivals and beyond. As average wellness spending in the UK has risen and the wider industry now sits above £160b, some listed companies with exposure to wellness activities, retreats,…