
Notable healthcare headlines for the week: CVS, Eli Lilly and Novartis in focus
Wall Street's major averages fell, with healthcare stocks showing gains. CVS Health set a 2026 revenue outlook below consensus but increased 2025 guidance. Eli Lilly's weight loss therapy succeeded in trials. Novartis signed a $1.7 billion agreement with Relation Therapeutics for drug targets. Pfizer plans job cuts in Switzerland amid restructuring. Trump is expected to sign an executive order to reclassify marijuana as a less dangerous drug.

