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Generic drugmaker Actavis will buy specialty pharmaceuticals company Warner Chilcott in a stock deal valued at about $8.5 billion.
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So what argument should advocates employ? That the government has no business interfering in private activities except to prevent harm to others
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The shutdown of Oaksterdam University was another in an ongoing dispute between federal and local officials in California on the topic of marijuana laws. It's one that has been escalating over the past year – but so far discussions between the state and feds have been rare.
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More than two years after New Jersey approved a measure to legalize marijuana for chronically ill patients, the program may finally be on the verge of allowing dispensaries to open.
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Not only was Oregon the first state to decriminalize pot in 1973, years before its glamorous neighbor to the south, but its medical marijuana program has operated with few glitches since it began in 1998. Now, it's an issue in a top statewide election race.
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Eli Lilly hopes one of its dyes, used to determine whether someone may have Alzheimer's disease, will counter the expected lost income loss income from losing patents on some of its best-selling drugs, the CEO said on CNBC Thursday.
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Walgreen is getting a pharmacy facelift and the chain, based in Illinois, is adding fancy food, more booze and amping up its drugstores. Kermit Crawford, Walgreen president, offers insight into the company's business strategies.
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CNBC'S Bertha Coombs reports the official cause of death for 48-year old Whitney Houston was an accidental drowning but chronic cocaine use was a major contributing factor.
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The promise of low-cost gene sequencing could lead to a new era of personalized medicine, yielding new approaches for treating cancers and other serious diseases. The New York Times reports.
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The Indonesian airline industry has made progress toward mending its reputation — amid soaring demand — after a series of spectacular crashes in recent years drew international attention to the country’s poor safety record. Now it has a new problem to deal with: drug abuse among its pilots. The NYT reports.
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Two American brothers of a Mexican casino magnate who fled drug and fraud charges in the United States and has been seeking a pardon enabling him to return have emerged as major fund-raisers and donors for President Obama’s re-election campaign, The New York Times reports.
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Americans have not increased spending on healthcare since 2009, according to a National Health Expenditures report.
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CNBC's Seema Mody reports the pharma sector is up about 8% and outperforming the S&P 500 this year.
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Pharmaceutical giants’ profits could take a "double-dip" hit next year from patent expirations on blockbuster drugs and President Barack Obama’s healthcare reforms, according to a report from CreditSights, a credit market research firm.
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The drug developer's stock took a hit Thursday, after data was released linking an ingredient in its weight loss treatment to an increased risk of birth defects.
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Drugs, and especially cocaine, "pollute" the economic world and traders should be tested for narcotics, Carlo Giovanardi, a junior minister with responsibility for the family in Silvio Berlusconi's government, said in an interview published on YouTube and quoted by the Guardian.
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More than three dozen people have been charged in a prescription drug sweep that included a raid on a Boeing plant near Philadelphia that makes military helicopters.
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Are pharmacy benefit managers becoming obsolete? CNBC's Herb Greenberg says consumers can now buy away from their PBM and insurance plans at Costco, Walmart, Target, and Walgreens.
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Has this summer's wild market set you on a self-destructive course of drug and booze abuse? It just may have.
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One out of 4 Americans will have either a substance abuse or addiction problem at some point in their lives. Some of these addicts have even managed to change the world. Take for example, Sigmund Freud. Now the author of a new book takes us on an amazing journey looking at the "Anatomy of Addiction."
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If you live in Los Angeles, you know that this weekend the 405 freeway will be completely shut down—completely—between the 10 and the 101 freeways. They're calling it "Carmageddon," and it is the end of the world as we know it. This is a town where freeways are more important than world peace.