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Update: Healthcare","url":"https://stock-news.laohu8.com/highlight/detail?id=2672783761","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672783761?lang=en_us&edition=fundamental","pubTime":"2026-10-02 03:29","pubTimestamp":1790882992,"startTime":"0","endTime":"0","summary":"Healthcare stocks declined late Thursday afternoon, with the NYSE Healthcare Index falling 1% and the State Street Health Care Select Sector SPDR ETF  dropping 1.1%.The iShares Biotechnology ETF  shed 1.6%.In corporate news, Foghorn Therapeutics  and Eli Lilly  have decided not to advance FHD-909 into the clinical development expansion phase after reviewing clinical data from a phase 1 dose escalation trial. Foghorn shares fell 16%, and Lilly was down 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Medicare Drug Pricing Model May Apply to Only Four Companies After Exemptions","url":"https://stock-news.laohu8.com/highlight/detail?id=2672769149","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672769149?lang=en_us&edition=fundamental","pubTime":"2026-10-02 01:54","pubTimestamp":1790877298,"startTime":"0","endTime":"0","summary":"Trump Medicare drug pricing model may apply to only four companies after exemptionsNEW YORK, Oct 1 (Reuters)-A Trump administration rule to cut hospital drug prices for Medicare patients may apply to 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Lilly's Obesity Data Support Broader Portfolio Beyond Tirzepatide, UBS Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2672699766","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672699766?lang=en_us&edition=fundamental","pubTime":"2026-10-02 00:29","pubTimestamp":1790872162,"startTime":"0","endTime":"0","summary":"Eli Lilly's  new obesity data support a broader drug portfolio beyond tirzepatide, or TZP, UBS Securities said.The analysts said in a note Wednesday that the company presented new data at the European Association for the Study of Diabetes showing that its second- and third-generation obesity drugs can deliver more than 20% weight loss in both obesity and obesity patients with type 2 diabetes, with results that appear better than tirzepatide.UBS highlighted data for eloralintide plus tirzepatide, which showed strong weight-loss results broadly in line with retatrutide. Eloralintide could help patients who cannot tolerate GLP-1 drugs or do not lose enough weight, while retatrutide could offer another option for patients with higher liver fat, UBS said.The investment firm said Lilly is building a strong incretin portfolio beyond tirzepatide, with newer drugs offering additional treatment options and potentially superior efficacy.UBS has a buy rating and a $1,425 price target on Eli 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Therapeutics Slashes Jobs After Ending Cancer Drug Trials with Ely Lilly","url":"https://stock-news.laohu8.com/highlight/detail?id=2672375435","media":"Dow Jones","labels":["executive","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672375435?lang=en_us&edition=fundamental","pubTime":"2026-10-01 19:40","pubTimestamp":1790854800,"startTime":"0","endTime":"0","summary":"Foghorn Therapeutics and Eli Lilly will abandon joint development of their lead oncology candidate and cut roughly 40% of Foghorn's workforce following disappointing phase 1 trial results.Foghorn shares in Thursday's premarket trading were down 44% to $2.00.The biotechnology company on Thursday said they have decided to stop advancing FHD-909 into the clinical development expansion phase, and end their SMARCA2 partnership after data showed the drug failed to deliver sufficient efficacy in targeting lung cancer.\"Unfortunately, the biology of the SMARCA2/4 synthetic lethality relationship has 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