Bayer to Buy Calif. Birth-Control Device Maker for $1B by Reuters Apr 29th 2013 7:33AM Bayer has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
Bristol-Myers Earnings Plunge as Sales of Plavix Plummet by The Associated Press Apr 25th 2013 10:30AM Bristol-Myers Squibb posted a 45 percent drop in first-quarter profit as revenue from its Plavix blood-thinning drug plunged 95%.
FDA Blocks Generic OxyContin, Widely Abused Narcotic by DailyFinance Staff Apr 17th 2013 12:20PM Regulators said yesterday that generic drugmakers would not be licensed to make cheap versions of Purdue Pharma's OxyContin, a powerful and widely abused narcotic.
Abbott Labs Posts Strong First-Quarter Growth by Reuters Apr 17th 2013 8:32AM Abbott Labs reports higher earnings from continuing operations, as demand for its nutritional and diagnostic products offset declining sales of the company's medical devices.
Bristol-Myers Squibb Expansion to Add 350 Jobs by The Associated Press Apr 12th 2013 7:07AM Drugmaker Bristol-Myers Squibb plans to spend about $250 million expanding a manufacturing complex it opened in 2009 for biologic treatments.
Drugmaker Eli Lilly Plans to Cut Hundreds of Sales Jobs by The Associated Press Apr 12th 2013 6:11AM Eli Lilly plans to cut hundreds of workers from its U.S. sales force as the drugmaker prepares to deal with the loss of patent protection for two more top-selling drugs.
5 Companies Set to Cash In on America's Aging Population by Dan Caplinger Apr 4th 2013 5:00AM America is getting older, and that demographic trend will challenge society in new ways. But it will also mean profit for businesses that offer what seniors want and need.
Why CVS Charges $133 More Than Costco for Generic Lipitor by CNNMoney Apr 3rd 2013 10:36AM A Consumer Reports study finds huge price differences between retailers for generic drugs. Here's why you can save hundreds by getting your Lipitor at Costco instead of CVS.