Americans' Rx Drug Spending Shows Rare Drop in 2012 by The Associated Press May 9th 2013 10:50AM Spending on prescription medicines in the U.S. fell for the first time in decades last year, as cash-strapped consumers continued to cut back on use of health-care services.
Health Care Inflation Slows; Will It Last? by DailyFinance Staff May 7th 2013 12:45PM Since the recession hit, medical inflation has been roughly 3%, far less than the 7.4% long-term average from 1980 through 2008. Could this mean lower costs into the future?
Pfizer to Begin Online Sales of Viagra by The Associated Press May 6th 2013 7:45AM In a first for the drug industry, Pfizer says it will sell begin selling erectile dysfunction pill Viagra directly to patients on its website.
CVS Earnings Rise on Cold, Flu Season Sales by Reuters May 1st 2013 7:51AM CVS posted higher quarterly profit on Wednesday, as a more severe cold and flu season boosted sales and more new generic drugs hit the market.
Pfizer 1Q Profit Rises, but Trims Full-Year Outlook by Reuters Apr 30th 2013 7:58AM Pfizer reported lower-than-expected quarterly earnings and revenue and the largest U.S. drugmaker trimmed its full-year profit outlook.
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.
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.
