The amount of time that 65-year-olds in France can hope to live without health issues has increased by more than two years since 2008, French statistics agency DREES said on Thursday. As opposition parties contest a government plan to increase the retirement age by two years to 64 in order to prevent pension system deficits, DREES said that, in 2021, men aged 65 could hope to live another 11.3 years without health issues and women another 12.6 years.
Moderna forecasts COVID sales decline as costs rise, shares fall
Moderna Inc on Thursday forecast declining COVID-19 vaccine sales and rising costs for 2023, raising concerns the U.S. biotech company could post a loss this year, and its shares fell 7%. Moderna forecast $6 billion in costs for the year, $1 billion more than the revenue it expects to take in from sales of the COVID shot.
Canada, Ontario agree to healthcare deal with over C$8 billion in new funding
Canada’s federal government said Thursday it has agreed in principal to a healthcare funding deal with Ontario that includes a new 10-year C$8.4 billion ($6.2 billion) investment plan and a one-time C$776 million payment for the province’s urgent needs. Canada’s public healthcare systems have been strained by the pandemic and staffing shortages, with hospitals stretched to the breaking point.