Walgreens Settles Painkiller Case with DEA for $80 Million by The Associated Press Jun 11th 2013 5:30PM Walgreens will pay an $80 million fine for allowing tens of thousands of units of powerful painkillers to illegally wind up in the hands of drug addicts and dealers.
Medicine Minus Insurance Equals Cheaper, Better Care by Bruce Watson Jun 7th 2013 5:00AM An old-fashioned model of medicine is making a comeback: You go to a doctor, get treated, and pay a reasonable fee for the services, with no health insurance company involved.
FTC Clears Bayer's Purchase of Conceptus by The Associated Press May 29th 2013 8:04AM The German drug company Bayer AG has received antitrust clearance from the Federal Trade Commission for its approximately $1.1 billion acquisition of Conceptus.
Valeant Pharmaceuticals to Buy Bausch & Lomb for $8.7B by Reuters May 27th 2013 10:15AM The maker of Welbutrin will pay nearly $9 billion for Bausch & Lomb, which makes eye-care products.
Judge Denies FDA Bid to Stay 'Morning-After' Pill Ruling by The Associated Press May 10th 2013 12:37PM A federal judge Friday declined to temporarily halt a court order directing the FDA to make emergency contraception available over-the-counter to girls of all ages.
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.
Walgreen Clinics Target Chronic Illnesses in Care Expansion by The Associated Press Apr 4th 2013 7:05AM Walgreen expands the reach of its drugstore clinics beyond treating ankle sprains and sinus infections to handling chronic diseases such as diabetes and high blood pressure.
HMO Stocks Rise on Medicare Advantage News by DailyFinance Staff Apr 2nd 2013 9:00AM Shares of health insurance provider Humana jumped yesterday and are set to gain more today following news that Medicare Advantage might increase reimbursement rates.
Scooter Ads Targeting Seniors Misleading, Say Doctors, Gov't by The Associated Press Mar 29th 2013 10:00AM AP / YouTube.comA screenshot from a Hoveround commercial. Lawmakers say ads by the Scooter Store and Hoveround have led to hundreds of millions of dollars in unnecessary...
Medical Credit Cards Can Cause Heartburn by Kiplinger Mar 29th 2013 5:00AM Some health care providers are offering credit cards designed to cover uninsured costs, but these cards come with a host of potential problems.
Health-Care Overhaul Seen Driving Claims' Costs Up 32% by The Associated Press Mar 27th 2013 8:15AM A new study finds that insurance companies will have to pay out an average of 32 percent more for medical claims under President Barack Obama's health-care overhaul.