Kentucky is suing Purdue Pharma on claims that the company misrepresented its prescription painkiller, resulting in a wave of addiction and increased medical costs across the state. Kentucky officials filed theirs, which included claims that Purdue Pharma lied about the addictiveness of the drug to doctors, who then overprescribed it to an unwitting...» Read More
Copycat biotech drugs in the U.S. market could cut prices of expensive medications by 40 percent to 50 percent, said a top CVS Health exec.
The move happened after the Irish Court of Appeal found the 1977 Misuse of Drugs Act was unconstitutional.
Raghuram Selvaraju, managing director, Healthcare equity research at MLV & Co, discusses whether AbbVie's acquisition of Pharmacyclics for about $21 billion is a good move.
JUPITER, Florida, March 2- In October 2003, Jeb Bush unveiled one of the largest economic projects in Florida history: a $500 million plan to bring Scripps Research Institute to the state and build a biomedical hub he said would generate nearly 50,000 jobs in 15 years. As governor, he described it as a "seminal moment," comparable to Walt Disney World's arrival in...
With all the fibbers we've outed lately, Turney Duff takes a look at the top 10 lies told on Wall Street.
Marijn Dekkers, CEO of Bayer, talks about the company's plans to separate themselves from their material science unit, saying they will focus on life sciences businesses going forward.
Marijn Dekkers, CEO of Bayer, says the company plans to increase its R&D budget this year, after strong earnings.
Arthur Mondella, president and CEO of Dell's Maraschino Cherries, killed himself Tuesday during a drug raid.
LONDON, Feb 10- Global health charity Medecins du Monde launched a legal challenge on Tuesday to a European patent held by U.S. drugmaker Gilead Sciences Inc which it accused of charging "exorbitant" prices for a hepatitis C drug. According to World Health Organization data, as many as 150 million people worldwide live with chronic hepatitis C infection, most of...
Turney Duff, now five years sober, talks about how cocaine crushed his trading skills—and cost him and his firm millions.
Cocaine users seem to not to feel the losses associated with bad predictions, and this may mean their brains have more trouble learning from mistakes.
NEW YORK, Feb 3- A U.S. prosecutor sought on Tuesday to dissuade jurors from believing that the man who created the underground website Silk Road and is facing drug trafficking charges abandoned the venture long before it was shut down. Ross Ulbricht, who is on trial in Manhattan federal court, has acknowledged creating Silk Road, where drugs and other goods could...
Sanofi launched an inhalable insulin in the U.S. in a potential boost for its flagging diabetes drug sales and for patient quality of life.
Marvina is a premium cannabis provider that offers a monthly delivery service of marijuana to consumers in San Francisco.
Regeneron Pharmaceuticals CEO Dr. Leonard Schleifer told CNBC on Tuesday that benefits companies should not try to practice medicine.
The Justice Department kept a secret database of incoming and outgoing U.S. international calls for more than a decade.
"Any event in life changes one. That was an event that probably changed me in many ways. I think I am a better person," biotech company founder Sam Waksal.
Rather than pay so much out-of-pocket, many skip checkups and scrimp on care, USA Today reports.
This flu season is ramping up earlier than last year's, NBC News reports.
Hallucinogenic mushrooms have been discovered on the grounds of Buckingham Palace in London, NBC News reports.