Healthcare

  • FDA issues warning letters to powdered caffeine distributors Associated Press - 11 hours ago

    The Food and Drug Administration has issued warning letters to five distributors of pure powdered caffeine, saying the products put consumers at risk. The letters, which are dated Aug. 27, follow the overdose ...

  • Approaching health law tax is not just a levy on luxury Associated Press - 13 hours ago
    Approaching health law tax is not just a levy on luxury

    The last major piece of President Barack Obama's health care law could raise costs for thrifty consumers as well as large corporations and union members when it takes effect in 2018. The so-called Cadillac ...

  • White House: Alaska's Medicaid expansion 'right decision' Associated Press - 14 hours ago

    The White House on Tuesday praised the decision by Alaska Gov. Bill Walker to expand Medicaid to thousands of residents over the wishes of the Republican-led Legislature, calling it the "right decision." ...

  • Drug-Industry Rule Would Raise Medicare Costs The Wall Street Journal - Tue, Sep 1, 2015 9:20 AM AEST

    A patent law change sought by the pharmaceutical industry could cost federal health-care programs $1.3 billion over a decade by delaying new generic medicines, an analysis by the Congressional Budget Office found this summer, according to people familiar with the matter. Pharmaceutical trade groups are asking Congress to exempt drug patents from being challenged through an administrative process that is cheaper and faster than the federal courts. Drug makers say hedge-fund manager Kyle Bass used the procedure to challenge companies whose shares he is betting against, or selling short.

  • Judge sides with anti-abortion group in birth control case Associated Press - Tue, Sep 1, 2015 8:10 AM AEST

    A federal judge on Monday sided with an anti-abortion group in its challenge of a key birth control provision of the Obama administration's health care overhaul. The decision from U.S. District Judge Richard ...

  • FDA lays out proposal for naming lower-cost biotech drugs Associated Press - Fri, Aug 28, 2015 5:57 AM AEST

    The Food and Drug Administration released its proposal Thursday for naming lower-cost biotech drugs, a critical step in creating a market for the new class of medicines. These quasi-generic biotech drugs ...

  • Abbott denies $25bn bid for St Jude Financial Times - Thu, Aug 27, 2015 11:45 PM AEST

    Abbott Laboratories, the US pharmaceutical and healthcare company, has been preparing a takeover bid for St Jude Medical that was set to value the medical device maker at $25bn, people familiar with the ...

  • Greatbatch buying Lake Region Medical in $1.73B deal Associated Press - Thu, Aug 27, 2015 9:04 PM AEST

    Medical components maker Greatbatch is buying Lake Region Medical in a cash-and-stock deal valued at about $1.73 billion. The companies say the transaction will create one of the biggest medical device ...

  • Ramsay lifts profit, flags further growth AAP - Thu, Aug 27, 2015 10:36 AM AEST

    Australia's largest private hospital operator Ramsay Health Care has flagged solid earnings growth for the year ahead after lifting its full year profit 27 per cent. The company made a net profit of $385.5 million for the year to June 30, from $303.8 million in 2013/14. Earnings per share rose 20 per cent during the year and the company said it was aiming for core net profit and EPS growth of between 12 and 14 per cent for 2015/16.

  • Ramsay lifts profit 27% to $385.5m AAP - Thu, Aug 27, 2015 9:02 AM AEST

    Australia's largest private hospitals operator Ramsay Health Care has lifted its full year profit 27 per cent and flagged solid earnings growth for the year ahead. The company made a net profit of $385.5 million for the year to June 30, from $303.8 million in 2013/14. Earnings per share rose 20 per cent during the year and the company said it was aiming for core net profit and EPS growth of between 12 and 14 per cent for 2015/16.

  • Judge says Arizona Medicaid plan hospital fee constitutional Associated Press - Thu, Aug 27, 2015 8:37 AM AEST

    A judge ruled Wednesday that a hospital assessment that pays for the expansion of the state's Medicaid program did not require a supermajority vote of the Legislature to be enacted and is therefore constitutional. ...

  • Getting a flu shot? There are new options Associated Press - Thu, Aug 27, 2015 6:52 AM AEST
    Getting a flu shot? There are new options

    People planning on getting a flu shot this season have several options to discuss with their doctors. Three vaccines may appeal to people squeamish about the inch-long needles typically used to give flu ...

  • Novo Nordisk adding diabetes drug output in NC, Denmark Associated Press - Thu, Aug 27, 2015 4:13 AM AEST

    Danish drug maker Novo Nordisk said Wednesday it will open new factories in North Carolina and Denmark as pharmaceutical companies seek to keep up with demand for diabetes medications in an increasingly ...

  • Minnesota considers medical marijuana for pain patients Associated Press - Wed, Aug 26, 2015 5:57 AM AEST
    Minnesota considers medical marijuana for pain patients

    State officials are weighing a question that could drastically expand Minnesota's medical marijuana program and offer hope of relief to thousands of residents: Should it allow people with intractable pain ...

  • Medtronic to spend $458M on heart valve developer Associated Press - Wed, Aug 26, 2015 3:08 AM AEST

    Medical device maker Medtronic will pay up to $458 million for a privately held company that is developing a heart valve replacement. The Dublin-based company said Tuesday that it will pay $408 million ...

  • Pfizer says Hospira purchase will close in early September Associated Press - Tue, Aug 25, 2015 9:39 AM AEST

    Drugmaker Pfizer says it's received the final regulatory approvals for its $15.23 billion purchase of the injectable drug and infusion device maker Hospira, and says the deal will close in early September. ...

  • Lembo: Change in compound drug plan saves taxpayers millions Associated Press - Tue, Aug 25, 2015 3:53 AM AEST

    Restrictions imposed on the rapidly rising use of compound drug prescriptions in the state health plan have cut spending by about $2 million a month, state Comptroller Kevin Lembo said Monday. The use ...

  • New Ways for Patients to Get a Second Opinion The Wall Street Journal - Tue, Aug 25, 2015 3:33 AM AEST
    New Ways for Patients to Get a Second Opinion

    For many patients, it has become a routine part of the medical process: Get a diagnosis or treatment plan and then seek a second opinion. A growing number of online services are offering second opinions and some are seeing increasing patient demand for a second set of eyes. Some of the services are sponsored by established medical centers, including Massachusetts General Hospital and Cleveland Clinic.

  • Budget stalemate delays opening of 10-bed mental health unit Associated Press - Tue, Aug 25, 2015 3:30 AM AEST

    The state budget stalemate means a 10-bed mental health crisis unit at New Hampshire Hospital won't open as planned this fall. New Hampshire has been working to improve its mental health infrastructure ...

  • US 'big four' biotechs lead sector tumble into bear market Financial Times - Tue, Aug 25, 2015 2:17 AM AEST

    US biotech dived into a bear market on Monday morning as the global rout struck down the frothiest sector on Wall Street. The Nasdaq Biotechnology index dropped as low as 3,187.19, down 23.4 per cent since ...

  • Scientists make breakthrough in search for universal flu vaccine Financial Times - Tue, Aug 25, 2015 1:29 AM AEST

    Two US research teams have carried out successful animal tests of experimental influenza vaccines that could prevent infection with any strain of the highly variable flu virus. Finding a "universal ...

  • Medivation buying rights to BioMarin cancer drug Associated Press - Mon, Aug 24, 2015 9:49 PM AEST

    Medivation Inc. is buying worldwide rights to BioMarin Pharmaceutical Inc.'s potential cancer treatment talazoparib for more than $400 million. San Francisco-based Medivation will pay $410 million upfront ...

  • Ley warns Medibank over hospital list row AAP - Mon, Aug 24, 2015 3:51 PM AEST
    Ley warns Medibank over hospital list row

    Medibank has been accused of jumping the gun in a move that could leave millions of Australians facing hefty out-of-pocket costs. The nation's biggest private health insurer has been told by a federal government agency its policies are based on inaccurate information. Medibank on Monday ramped up its campaign in a dispute with hospital operator Calvary, despite Health Minister Sussan Ley warning the warring parties to stop using patients as ransom in a cynical "Game of Thrones".

  • Merger of 2 Brunswick, Maine, hospitals approved Associated Press - Sat, Aug 22, 2015 2:30 AM AEST

    A bankruptcy judge says two Brunswick, Maine, hospitals can merge. Officials with Mid Coast Health says its purchase of Parkview Adventist Medical Center became official on Thursday. Parkview has 55 beds ...

  • Drug industry links run deep in field of sexual medicine Associated Press - Fri, Aug 21, 2015 10:47 AM AEST
    Drug industry links run deep in field of sexual medicine

    How do you measure sexual desire? If you're a drugmaker trying to win approval for a medication to boost female libido, it might come down to two questions on a medical questionnaire. Those questions made ...

  • Historic hotel named source of deadly Legionnaires' outbreak Associated Press - Fri, Aug 21, 2015 7:52 AM AEST

    A historic hotel's rooftop air-conditioning unit is the source of a Legionnaires' disease outbreak that has killed 12 people and sickened more than 100 in the Bronx, the city's health commissioner said ...

  • Valeant to spend about $1B on maker of women's libido drug Associated Press - Fri, Aug 21, 2015 7:19 AM AEST
    Valeant to spend about $1B on maker of women's libido drug

    Valeant Pharmaceuticals will pay about $1 billion in cash to buy Sprout Pharmaceuticals, the maker of the first prescription drug intended to boost sexual desire in women. The deal comes two days after ...

  • Valeant buys maker of 'female Viagra' for $1bn Financial Times - Fri, Aug 21, 2015 3:49 AM AEST

    Valeant has agreed to pay $1bn to acquire the owner of the first drug designed to boost a woman's libido, just two days after the controversial medicine - dubbed "female Viagra" - was approved ...

  • Ghana to bring in Cuban doctors during medical strike Associated Press - Thu, Aug 20, 2015 1:01 AM AEST

    Ghana's health minister says the government is going to bring in about 170 Cuban doctors to work in health facilities amid a doctors' strike. Health Minister Alex Segbefia said Wednesday that several people ...

  • Q&A: What you need to know about new female libido pill Associated Press - Thu, Aug 20, 2015 12:16 AM AEST
    Q&A: What you need to know about new female libido pill

    Federal health officials on Tuesday approved the first-ever prescription drug intended to treat women suffering from a lack of sexual desire, ending a vigorous debate over the drug's fate. The daily pill, ...

  • Female libido pill took long, winding route to market Associated Press - Wed, Aug 19, 2015 3:44 PM AEST

    Federal health officials on Tuesday approved the first prescription drug intended to treat women suffering from a lack of sexual desire. The daily pill, which acts on brain chemicals, followed a long, ...

  • FDA approves first pill aimed at boosting female libido Associated Press - Wed, Aug 19, 2015 2:13 PM AEST
    FDA approves first pill aimed at boosting female libido

    The Food and Drug Administration has approved the first prescription drug designed to boost sexual desire in women, a milestone long sought by a pharmaceutical industry eager to replicate the blockbuster ...

  • Q&A: First pill approved to boost sex drive in women Associated Press - Wed, Aug 19, 2015 2:06 PM AEST

    Federal health officials on Tuesday approved the first-ever prescription drug intended to treat women suffering from a lack of sexual desire, ending a vigorous debate over the drug's fate. The daily pill, ...

  • FDA approves female sex pill, but with safety restrictions Associated Press - Wed, Aug 19, 2015 11:02 AM AEST
    FDA approves female sex pill, but with safety restrictions

    The Food and Drug Administration on Tuesday approved the first prescription drug designed to boost sexual desire in women, a milestone long sought by a pharmaceutical industry eager to replicate the blockbuster ...

  • Merck recalls chemotherapy drug over child-proof cap cracks Associated Press - Wed, Aug 19, 2015 3:27 AM AEST

    Merck is recalling 276,000 bottles of a chemotherapy drug because the child-proof caps on the pill bottles may be cracked. The Consumer Product Safety Commission said it doesn't know of any children who ...