Healthcare

  • Obama: 'Feeling pretty good' about health care Associated Press - 3 hours ago
    Obama: 'Feeling pretty good' about health care

    Fresh off a Supreme Court victory, President Barack Obama said Wednesday that he's "feeling pretty good" about the state of his health care law and pleaded for bipartisan cooperation on ways ...

  • Obama in Tennessee to talk about improving health care law Associated Press - 6 hours ago
    Obama in Tennessee to talk about improving health care law

    President Barack Obama is using the momentum from a recent Supreme Court victory for his health care law to change the conversation from talk about undoing his signature domestic achievement to talk about ...

  • FDA cracks down on unapproved ear drops Associated Press - 10 hours ago

    The Food and Drug Administration says it plans to crack down on unapproved prescription ear drops often given to young children suffering from ear infections. The agency published a memo Tuesday warning ...

  • 4 Health Care Stocks Poised for Growth US News - 11 hours ago

    With the June 25 U.S. Supreme Court ruling holding up the legality of the Affordable Care Act, U.S. health care stocks are rallying. Health services is an industry consisting of managed health care, hospital management and medical services subindustries. We began by setting a minimum market capitalization threshold of $5 billion.

  • US seeks $3.3 bn corruption fine from Novartis AFP - 21 hours ago
    US seeks $3.3 bn corruption fine from Novartis

    US authorities are seeking up to $3.3 billion (three billion euros) in fines from Swiss pharmaceutical giant Novartis on allegations it paid kickbacks to boost drug sales, according to a document AFP consulted Wednesday. The legal filing made Monday to a New York court by US officials details 126,802 prescriptions for Novartis medication Exjade, and 39,209 for Myfortic submitted by pharmacies for a total $508 million in reimbursements from government health care programs. The complaint by US authorities alledges Novartis coaxed pharmacy chains to convince customers to fill or refill relevant prescriptions with Exjade or Myfortic -- which respectively lowers blood iron levels and combats the risk of rejection in kidney transplant patients -- in exchange for rebates and other advantages.

  • Inquiry asks about drug price 'rip-off' AAP - 23 hours ago
    Inquiry asks about drug price 'rip-off'

    Multinational drug companies operating in Australia can't guarantee consumers aren't being ripped off because they don't know what people are paying for the same drugs overseas, an inquiry has heard. The ...

  • The biggest mistakes 31-year-olds make at tax time Yahoo7 Moneyhound - Wed, Jul 1, 2015 8:00 AM AEST
    The biggest mistakes 31-year-olds make at tax time

    Are you 31 and thinking of signing up for private health insurance to save on tax? Here's what you need to know to dodge the penalty and avoid common mistakes.

  • Big pharma to be grilled on tax avoidance AAP - Wed, Jul 1, 2015 7:31 AM AEST
    Big pharma to be grilled on tax avoidance

    Pharmaceutical companies will be grilled on their tax arrangements when they front a public hearing into tax avoidance. Representatives from nine companies including Pfizer, Novartis and GlaxoSmithKline will appear before a Senate economics committee in Sydney on Wednesday. In separate submissions, the pharmaceutical companies have insisted they pay the right amount of tax.

  • Rand Paul 1st major-party candidate to court pot donors Associated Press - Wed, Jul 1, 2015 2:30 AM AEST
    Rand Paul 1st major-party candidate to court pot donors

    Republican presidential hopeful Rand Paul planned Tuesday to court donors from the new marijuana industry, making the Kentucky senator the first major-party presidential candidate to publicly seek support ...

  • 4 Health Care Investments to Boost Your Portfolio US News - Wed, Jul 1, 2015 12:45 AM AEST

    The Affordable Care Act brought approximately 11.7 million people health insurance during open enrollment for 2015, and the health care business is booming. It's no surprise that health care stocks are also surging this year, with the S&P 500 Health Care index up 10.89 percent through June 26 versus a 2.07 percent increase in the Standard & Poor's 500 index. In the first five months of 2015, the health care sector was the best performer and the most popular with $6.7 billion inflows into related ETFs, says Todd Rosenbluth, director of ETF research at S&P Capital IQ, a New York-based financial information provider.

  • Celgene, Juno map out cancer treatment collaboration Associated Press - Tue, Jun 30, 2015 11:45 PM AEST

    Shares of Juno Therapeutics soared Tuesday morning, a day after larger drug developer Celgene announced plans to invest about $1 billion in Juno mostly through stock purchases as part of a collaboration ...

  • Mediocre Drugs Raise Costs for All The Wall Street Journal - Tue, Jun 30, 2015 2:01 PM AEST

    Regarding your editorial “Is the FDA Sexist?” (June 17): Today I saw a patient who recently paid over $200 for the six 100 mg Viagra tablets approved by his insurance. He wanted another prescription but ...

  • What you need to know about health insurance before June 30 The Hip Pocket - Tue, Jun 30, 2015 9:45 AM AEST
    What you need to know about health insurance before June 30

    What does health insurance have to do with my tax return?

  • A first: New guidelines back device for treating strokes Associated Press - Tue, Jun 30, 2015 6:37 AM AEST
    A first: New guidelines back device for treating strokes

    Many stroke patients have a new treatment option — if they seek help fast enough to get it. New guidelines endorse using a removable stent to open clogged arteries causing a stroke. The guidelines, issued ...

  • 5 Inexpensive Benefits Millennials Value More Than Health Insurance Entrepreneur - Tue, Jun 30, 2015 4:30 AM AEST
    5 Inexpensive Benefits Millennials Value More Than Health Insurance

    Younger workers, unsurprisingly, are less likely to demand health insurance than older workers but don't overlook their birthdays.

  • AMAG buying Cord Blood Registries for $700 million Associated Press - Tue, Jun 30, 2015 12:25 AM AEST

    AMAG Pharmaceuticals Inc. is buying the stem-cell storage company Cord Blood Registry for $700 million from private equity firm GTCR. Waltham, Massachusetts-based AMAG focuses on specialty drugs for maternal ...

  • Eli Lilly and Immunocore in cocktail collaboration against cancer Financial Times - Mon, Jun 29, 2015 6:11 PM AEST

    Eli Lilly of the US is to expand its alliance with Immunocore of the UK in the latest example of pharmaceuticals companies teaming up to develop a new generation of cancer drugs that harness the immune ...

  • Switzerland's Novartis buys US biotech firm Spinifex Associated Press - Mon, Jun 29, 2015 6:04 PM AEST

    Swiss drug manufacturer Novartis says it is buying Spinifex Pharmaceuticals, a U.S.-based biotechnology company that specializes in developing treatments for chronic pain. Novartis didn't disclose financial ...

  • How to Take Charge of Your Medical Records The Wall Street Journal - Mon, Jun 29, 2015 2:01 PM AEST
    How to Take Charge of Your Medical Records

    For most people, of course, it’s all too easy to simply leave their health records in the hands of doctors and hospitals. First, it gives doctors too much power over information that is vital to patients, and it creates opportunities for errors. “For consumers to start requesting and using their health information will be a game-changer for the health-care system,” says Christine Bechtel, a consultant for the National Partnership for Women and Families who spearheads the Get My Health Data campaign to get patients to ask doctors for their records.

  • Time to change the subject in America's health care debate? Associated Press - Mon, Jun 29, 2015 4:18 AM AEST
    Time to change the subject in America's health care debate?

    The country finally has an opportunity to change the subject on health care, after the Supreme Court again upheld President Barack Obama's law. There's no shortage of pressing issues, including prescription ...

  • Coverage worries persist amid relief over health care ruling Associated Press - Sat, Jun 27, 2015 12:26 AM AEST
    Coverage worries persist amid relief over health care ruling

    Throughout the country, relief was the dominant emotion among consumers who get help from the government to lower their health insurance costs following Thursday's Supreme Court ruling upholding the subsidies ...

  • Private health cover impacts at tax time AAP - Fri, Jun 26, 2015 8:01 AM AEST

    One in five Australians are looking at taking out private health insurance before June 30 but many do not know what having - or not having - the cover means come tax time. Comparison service iSelect spokesman Matt Cuming says consumers can tend to put off taking out private health insurance, partly due to the cost but mainly because of its complexity. It is levied on taxpayers who do not have private hospital cover and earn more than $90,000 for singles or $180,000 for families and couples.

  • SD consumers relieved health insurance subsidies upheld Associated Press - Fri, Jun 26, 2015 7:31 AM AEST

    South Dakota consumers who get subsidized health coverage under the Affordable Care Act said Thursday they're relieved the U.S. Supreme Court has upheld tax credits that help cover the premiums by thousands ...

  • Hospital stocks leap after Supreme Court backs overhaul Associated Press - Fri, Jun 26, 2015 5:24 AM AEST

    Investors in hospital stocks rejoiced Thursday after the Supreme Court upheld a key portion of President Barack Obama's health care overhaul and eliminated the prospect of a sudden influx of uninsured ...

  • FDA reviewing safety of Essure birth control implant Associated Press - Fri, Jun 26, 2015 2:30 AM AEST

    Federal health regulators are reviewing the safety of an implantable contraception device after receiving reports of unusual side effects from patients, including fatigue, depression and weight gain. The ...

  • Obamacare decision spurs health care rally CNBC - Fri, Jun 26, 2015 1:34 AM AEST
    Obamacare decision spurs health care rally

    Here's why the Supreme Court ruling is great news for hospitals and medical equipment companies.

  • British court ruling backs patent protecting Lilly's Alimta Associated Press - Thu, Jun 25, 2015 11:10 PM AEST

    Eli Lilly received some European legal backing for its top product, the lung cancer treatment Alimta, on Thursday when a British court upheld a patent protecting a vitamin regimen administered with the ...

  • US stocks drop; hospitals surge on pro-Obamacare court ruling AFP - Thu, Jun 25, 2015 8:52 PM AEST
    US stocks drop; hospitals surge on pro-Obamacare court ruling

    Health stocks soared Thursday after the Supreme Court upheld a key provision of President Barack Obama's health care reform, but the broader market fell on worries of a Greek default. Hospital stocks like HCA Holdings (+8.8 percent) and Tenet Healthcare (+12.2 percent) benefited from the Supreme Court ruling that the federal government has authority to subsidize health insurance by giving tax credits to consumers nationwide. The provision is a key tenet of the Obama plan, guaranteeing insurance coverage to millions of Americans.

  • SA chocolate shop relents in logo battle AAP - Thu, Jun 25, 2015 10:43 AM AEST

    A small Adelaide chocolate company has been forced to change its business logo after threats of legal action from fashion brand Chanel. The issue was sparked when Chocolate @ No.5, in Hahndorf in the Adelaide Hills, tried to register a trademark for its logo. It was contacted by Chanel's lawyer, who opposed the registration.

  • Panel gives weak endorsement of new meningitis shots Associated Press - Thu, Jun 25, 2015 5:45 AM AEST
    Panel gives weak endorsement of new meningitis shots

    A federal panel gave a weak endorsement Wednesday to two expensive meningitis shots, declining to recommend that all teens get the vaccine and leaving the decision to parents and doctors. At a meeting ...

  • Medical device makers Zimmer and Biomet say they've combined Associated Press - Thu, Jun 25, 2015 4:04 AM AEST

    Orthopedic device makers Zimmer Holdings and Biomet say they've completed their $13.35 billion cash-and-stock combination. The company has taken the name Zimmer Biomet Holdings Inc. and will trade under ...

  • House ready to kill health law's Medicare savings panel Associated Press - Wed, Jun 24, 2015 5:21 AM AEST

    The House was ready on Tuesday to kill a federal panel that is supposed to find ways to curb Medicare spending, as Republicans ignored a veto threat and readied their latest blow at President Barack Obama's ...

  • Google tests medical wearable device to track health data Financial Times - Wed, Jun 24, 2015 4:26 AM AEST

    Google is to start testing a wrist-worn medical device, as it pushes deeper into the healthcare world with a series of investments that it says will take years to pay off. The internet company said it ...

  • Viehbacher to head $2bn Bertarelli healthcare fund Financial Times - Wed, Jun 24, 2015 2:31 AM AEST

    Chris Viehbacher said he would be cautious of "spicy" valuations in the biotech sector when he begins his new job heading a $2bn healthcare investment fund for Switzerland's Bertarelli family. ...

  • Samsung heir apologizes for MERS spread at Samsung hospital Associated Press - Tue, Jun 23, 2015 3:16 PM AEST
    Samsung heir apologizes for MERS spread at Samsung hospital

    The heir of the Samsung business empire bowed deep in apology Tuesday as criticism mounted over a Samsung hospital's role in spreading Middle East respiratory syndrome in South Korea. Lee Jae-yong, 47, ...