Ratings agency Standard & Poor's warned it may downgrade "a number of highly rated" Group of 20 countries from 2015 if their governments fail to enact reforms to curb rising healthcare spending and other costs related to aging populations.
Swiss drugs industry supplier Lonza kicked out chief executive Stefan Borgas after profits for 2011 plunged by a third and said 2012 was set to pose further challenges because of the difficulties faced by pharmaceutical firms.
Sunday, 22 Jan 2012 | Posted By:
| Source: CNBC.com
The world is rapidly aging. A whopping two billion people will be 60 years and older by 2050, more than triple the number in 2000, according the WHO. We've come up with a list of countries with the starkest gap between the number of old and the number of young. Find out which countries have the biggest gap between old and young.
With uncertainty and volatility big issues much like last year, money managers say go for high dividend-paying stocks and sectors such as healthcare, consumer staples and utilities.
Tuesday, 10 Jan 2012 | Posted By:
| Source: CNBC.com
Chief executives at some of the biggest U.S. biotech and pharmaceutical companies are at the annual JPMorgan health care conference in San Francisco. Here's what some of them told CNBC on Tuesday.
Philips Electronics warned of soft fourth quarter profits due to weak European consumer markets that is leading to charges for inventory it cannot shift.
Tuesday, 27 Dec 2011 | Posted By:
| Source: CNBC.com
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.
As the U.S. Supreme Court prepares to review President Barack Obama's healthcare reforms, more Americans want it repealed than want to keep it, a poll released Wednesday shows.
Samsung Electronics said late on Tuesday that it had purchased U.S. provider cardiac testing solutions provider Nexus, marking its second healthcare acquisition as the technology giant pushes into new growth areas.
The percentage of Americans who have health insurance through their employer slipped to a new low of 44.5 percent in the third quarter, a drop of more than 5 percentage points in three years.
President Barack Obama's signature healthcare law got a boost Tuesday when a U.S. appeals court agreed with a lower court that dismissed a challenge and found the law's minimum coverage requirement was constitutional.
Posted By:John Bardis, Chairman, President & CEO, MedAssetsCNBC Guest Blog
Is legislated healthcare reform here to stay? As we watch the presidential race heat up – and look to a Supreme Court ruling this summer — no one knows for sure... Read More
Ten companies on the benchmark S&P 500 Index in the health-care and aerospace and defense industry have gained as much as 61 percent this year as the third quarter played host to a tumultuous 2011 for the stock market, reports TheStreet.com.... Read More