Biotech and Pharmaceuticals Medicine

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    A panel of federal cancer experts says the best-selling cancer drug in the world should no longer be approved to treat breast cancer because it is ineffective and causes dangerous side effects.

  • Novartis

    Novartis broke ground this week for our new manufacturing plant outside St. Petersburg, Russia. The facility is part of our $500 million, five-year commitment to help improve Russia’s healthcare infrastructure. Our investment addresses local manufacturing, R&D collaborations and public health development.

  • Novartis has won the auction for medical testing company Gen-Probe, according to a report in the Wall Street Journal on Tuesday.

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    These more targeted, or niche,  drugs might only treats thousands, but they could yield higher success rates for patients and lower marketing costs for the industry.

  • For the first time in its history, Medicare will soon track spending on millions of individual beneficiaries, reward hospitals that hold down costs and penalize those whose patients prove most expensive. The New York Times reports.

  • The pharmaceutical business is an extremely profitable one. According to the , spending on medicine in the U.S. alone exceeded $307 billion in 2010. For many drug makers, one money-spinner can carry a company for years, even longer, before the patent expires and low-cost generic versions can be made. The IMS recently released its annual list of the top-10 selling drugs in the US based on sales. Each of them have brought in at least $3 billion dollars in sales. However, a majority of these drugs

    For many drug makers, one money-spinner can carry a company for years, before the patent expires.Here are the ten top-selling prescription drugs in the U.S.

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    The Centers for Disease Control considers obesity in America an epidemic; more than one out of three adults and 17 percent of all children are technically overweight to the point of obesity.

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    Spending a month in China earlier this year left me with a clear picture of a nation of rapid change, vast scale, and stark contrasts. All of these factors create opportunities – and challenges – for American businesses in China, and particularly for those of us in health care.

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    The government is making an increasing number of expensive life-saving or life extending drugs and devices available to more people, but is that the right thing to do and can we afford it, anyway?

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    Health care is an emotional subject for many Americans — and often one of extremes.  Yet, as we obssess about the system's structure and cost, we neglect our own health. Obesity and high blood pressure are more common, while exercise and diet are overlooked.  Our special report, "Healthy Business", explores these issues.

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    More and more American women  are seeking infertility treatment to increase their chances of having a child, but there's been no change in success rates and costs remain high, even with health insurance coverage.

  • Cost of healthcare

    Expected government cuts to Medicare and Medicaid, the uncertainty of health care reform and looming patent expirations are weighing heavily on the outlook of the biggest companies in the sector: large-cap pharmaceutical stocks.

  • Wii Fit

    Manufacturers are delivering an ever growing roster of exercise games and interactive fitness technology to health clubs, YMCAs, park, recreation centers and even schools.

  • Gluten-free Rice Chex and Arrowroot Cookies marked Gluten-Free. From a Safeway store in Bethesda, Maryland.

    Among the crowded ranks of healthy food trends -- quinoa, farm-to-table, whole whole grains — one food category is growing into a genuine, industry juggernaut: gluten-free.

  • Acai Berries

    Health-conscious U.S. consumers  are buying hundreds of millions of dollars of so-called superfruits annually, even as critics contend their nutritional benefits are overblown and, in some cases, nonexistent.

  • Healthy Business - A CNBC Special Report

    The Centers for Disease Control considers obesity in America an epidemic; more than one out of three adults and 17 percent of all children are technically overweight to the point of obesity.

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    American spends more on health care than any other country. Do you know where it goes?

  • Biotechs are addicted to capital like "crack addicts are addicted to crack," because of the $1 billion-plus price tag that it takes to bring a drug to market, Gregory Brown, founder and managing director of Cowen Healthcare Royalty Partners, told CNBC Monday.

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    Expensive, aggressive treatments are often superior to other alternatives, but, too often, we confuse expensive and aggressive treatments with effective ones. No treatment path is risk-free, and every treatment carries the risk of flawed execution by the physician or the patient, which creates new and sometimes greater risks.

  • The Cost of Retirement

    Breaking down the anticipated healthcare costs for retirees, with Brad Kimler, Fidelity Investments executive vice president.