Biotech and Pharmaceuticals Medicine

  • Stethescope and money

    Should someone in Idaho or Nevada have significantly different health care coverage from someone in Massachusetts? That, essentially, is one of the biggest questions Congress will be wrestling with as it tries to meld House and Senate bills into a single law to revamp the nation’s health care system.

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    I'm on my way back from the JPMorgan Healthcare Conference in San Francisco. Oh, it's still going on for another day-and-a-half or so, but two days is about all I can take.

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    A group of House lawmakers and the head of the Federal Trade Commission want Congress to include a provision in the health care legislation that they say could save American consumers several billion dollars a year on prescription drugs.

  • Vivus is getting the JPMorgan Healthcare Conference off to a sexy start. The company announced this morning that its late-stage experimental erectile dysfunction drug apparently gets the job done in 15 minutes.

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    The past decade was a rough one for the job market, adding just half a million net jobs. Here are the ten industries that will see the greatest growth in jobs.

  • I'm gonna avoid all the cliches about JPM being the Super Bowl of investment conferences or the grandaddy of them all. As of earlier this week, JPM says 6,500 people are expected to attend (down slightly from last year,) more than 330 public and private companies are presenting and more than 7,500 so-called one-on-one meetings between analysts/investors and execs have been scheduled. Plus, a whole bunch of other meetings take place on the down low all over the city.

  • Alli Diet Pills

    I've always wanted go to Robert Redford's star-studded "independent" film festival in Utah. And, now, I might have a legitimate excuse to get CNBC to pay for it.

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    GlaxoSmithKline can fuggedaboutit. If New York radio listeners have a problem with the company's new ad campaign for Nicorette, then how will it possibly play in Peoria?

  • Airplane Takeoff

    For Cephalon, a company in Frazer, Pa., whose business tactics have attracted federal attention, the approval for jet lag is part of a plan to extend patent protection for its core franchise in stay-awake drugs.

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    GlaxoSmithKline is getting into the movie business, pursuing an unusual and most likely controversial strategy to increase interest in a weight-loss drug. The New York Times reports.

  • Jeff Kindler, Pfizer Chairman and CEO

    No one in their right mind, especially in this economy, likes to see someone lose their job. (Well, unless you really can't stand the person.) But, on the other hand, when you hear the top exec of the world's biggest drug company talk candidly about how much fat there was (is?) at Pfizer, can you really blame him for swinging the ax?

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    With the home medical equipment market expected to expand at a steady clip over the next few years, consumer electronics companies are eager to expand their minimal presence.

  • James C. Mullen

    Talk about a blow to the ego. The shares may have since succumbed to the downdraft in the overall stock market, but when trading opened this morning Biogen Idec shot up around two percent. Investors were reacting to the news that the company's longtime CEO, Jim Mullen, is calling it quits.

  • Federal Reserve Bank Chairman Ben Bernanke

    Time magazine's Man of the Year Ben Bernanke gave a speech this past weekend, and at first I thought he was defending the excessively loose monetary policy that led to the recent crisis.

  • Novartis

    Well, that didn't take long. It's only the first business day of the new year and big pharma's already gettin' down to business. Novartis is buying the rest of its Swiss neighbor Alcon for a cool $38.5 billion.

  • Brendan Fraser and Harrison Ford in Extraordinary Measures

    Usually I wouldn’t devote a blog to a biotech with a market value of approximately $86 million.  But when your personal story goes Hollywood—as in mega-watt stars like Harrison Ford and Brendan Fraser playing the lead roles in the movie—then you get a blog. 

  • Stethescope and money

    At the heart of the health care debate is the question of whether it’s possible to cut medical costs without harming patients. What has happened in Richmond, Virginia helps to answer that question.

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    When I blogged last week about GlaxoSmithKline using the word “suck” in its new Nicorette ad campaign I thought it would be a one and done thing.

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    I can’t wait until this drug rises to the level where it gets on Joe Kernen’s radar screen because, boy, is he gonna have a good time (not just with the drug perhaps, but mostly with talking on TV about it.) A little TMI, I know, but that’s Joe.

  • Healthcare coverage and the hastle of forms

    Our health care system  suffers from soaring costs and uneven quality. For health reform to be a success, it needs to make major progress on those problems. Here's a guide to the coming negotiations between the House and Senate aimed at closing the gaps between their two versions of reform legislation.