WASHINGTON, June 27 (Reuters) - Democratic U.S. Senator Maggie Hassan said on Friday she is launching an investigation into British pharmaceutical giant GlaxoSmithKline's decision to discontinue a widely used asthma inhaler for children. In letters sent on Friday to GSK and its authorized generic distributor, Prasco Laboratories, and seen by Reuters, Hassan said the decision to remove Flovent HFA from...

09:02 AM EDT, 06/27/2025 (MT Newswires) -- The latest reading in Canadian April gross domestic product pointed to a decline of 0.1% month over month in activity, following an upwardly revised 0.2% pace of growth in March, said Desjardins after Friday's data. Just 10 of the 20 industrial sectors posted growth in April. Broad-based weakness in manufacturing was the biggest...

09:01 AM EDT, 06/27/2025 (MT Newswires) -- Edgewise Therapeutics' ( EWTX ) skeletal myosin inhibitor sevasemten is poised to succeed in Becker muscular dystrophy, or BMD, with optionality in Duchenne muscular dystrophy, or DMD, due to clean safety, signals of efficacy and management's development strategy, RBC Capital said in a Thursday note. There is a clear registrational path to be...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...