The pharmaceuticals company agreed on Monday to pay $1.6 billion to resolve civil and criminal allegations related to past sales practices involving its anti-seizure drug Depakote.
Hologic, which makes cervical cancer tests and mammography systems, plans to market Gen-Probe's products in a deal large enough to attract Wall Street's top advisers.
The growth of health spending has slowed substantially in the last few years, surprising experts and offering some fuel for optimism about the federal government’s long-term fiscal health. The New York Times reports.
Shares of the healthcare IT provider plunged as much as 43 percent on Friday, after the company forecast weak full-year earnings, hurt by software development costs and weaker bookings.
The Food and Drug Administration informed Vivus that it will decide whether to approve Qnexa by July 17 as it needs more time to review the company's risk evaluation plan for the drug.
New research from Citigroup adds another specter to the list: the U.S. health care industry. Two economists at the bank note that “functioning market price competition barely exists” in the health-care industry, whose per-capita spending is now nearly twice that, on average, of other developed nations.
A former researcher at Amgen has found that many basic studies on cancer -- a high proportion of them from university labs — are unreliable, with grim consequences for producing new medicines in the future.
State officials and insurance executives are devising possible alternatives to the coming federal requirement that most Americans buy health insurance, even as the Supreme Court hears arguments about the constitutionality of the mandate, the New York Times reports.
As the cost of processing power and computer memory plummets while performance improves, society is able to do new things with all that information that it couldn't do before. Call it the age of big data.
Tuesday, 13 Mar 2012 | Posted By:
| Source: CNBC.com
The hospital’s pediatric emergency unit was the first in the U.S. to feature private rooms equipped with interactive, customizable ambient lighting design by Koninklijke Philips Electronics NV spacer.
U.S. health regulators are adding warnings to the labels of widely used cholesterol lowering drugs, such as Lipitor, to say they may raise levels of blood sugar and could cause memory loss.
In a decision that could have a national impact, Maine’s highest court ruled unanimously against Anthem Health Plans of Maine. The court ruled in a 7-0 decision released today, that Maine’s Insurance Superintendent acted reasonably in setting rates designed to provide health coverage to consumers, not guaranteed profits to insurance companies.
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.
Today, George Mason University expert and Obama approved GOP 2010 trustee for Medicare and Social Security Charles Blahous is today releasing a study that challenges the conventional wisdom that the health-care law, which calls for an expensive expansion of coverage for the uninsured beginning in 2014, will nonetheless reduce deficits by raising taxes and cutting payments to Medicare providers.... Read More