Author: admin
-
Ex-Insys executives arrested for bribing U.S. doctors to prescribe painkiller
Michael Babich, the Arizona-based drugmaker’s former chief executive officer, and others were charged with participating in a conspiracy in which bribes were disguised as marketing event and speaker fees. The case is the latest involving Subsys, a spray approved for managing pain in cancer patients that contains the synthetic opioid fentanyl, as authorities try to…
-
J&J questions fairness of hip implant trial, $1 billion verdict
Although legal experts think J&J faces an uphill battle, both they and investors believe the Texas jury's penalty, the largest product liability verdict so far this year, is unlikely to stand. In the two-month trial, five separate people from California argued that design flaws in the metal-on-metal implant made by J&J subsidiary DePuy Orthopaedics caused…
-
Japan PM’s advisers urge annual review of drug prices
Prime Minister Shinzo Abe's economic advisers, hoping to curb Japan's ballooning healthcare costs, proposed on Wednesday reforms to the way drug prices are set, a step opposed by foreign and domestic drug makers who say the changes will stifle investment. The proposals follow a decision to halve the price of Bristol Myers Squibb Co's cancer…
-
From smart toothbrushes to cancer, Philips bets big on software
By Ben Hirschler LONDON (Reuters) – These days the average researcher at Philips is more likely to be a software developer than an product engineer, reflecting a transformation at the former Dutch conglomerate that its chief executive says will gather pace. “It's a huge shift,” Frans van Houten told Reuters, noting that around 60 percent…
-
Ex-coup leader, DEA fugitive wins Haitian Senate seat
By Makini Brice PORT-AU-PRINCE (Reuters) – A former Haitian coup leader wanted by the U.S. Drug Enforcement Administration for alleged cocaine trafficking and money laundering has won election to Haiti’s Senate, according to preliminary results released by the electoral council. Guy Philippe defeated all other candidates in the second round of elections, held on Nov.…
-
DNA offers hard evidence of malaria in Roman Empire
A DNA analysis of 2,000-year-old teeth unearthed from an Italian graveyard has offered hard evidence that malaria existed during the Roman Empire, researchers said Monday. The findings are based on mitochondrial DNA — genetic material inherited from one's mother — extracted from teeth belonging to 58 adults and 10 children at three imperial-period Italian cemeteries,…
-
U.S. attorneys argue Aetna-Humana deal violates antitrust law
A U.S. Justice Department attorney told a federal judge on Monday that health insurer Aetna Inc's planned acquisition of Humana Inc would break antitrust law by reducing competition in Medicare Advantage and Obamacare exchange businesses, kicking off a trial expected to last weeks. The Justice Department filed a lawsuit in July asking the court to…
-
Players: Kerr’s marijuana admission could spark dialogue
OAKLAND, Calif. (AP) — David West has undergone four surgeries in his long NBA career: left knee, right elbow and right foot twice to fix a couple of toes.
-
Novartis says 82 percent of leukemia patients in remission after CAR-T
An experimental cancer therapy being developed by Novartis AG eliminated an aggressive form of blood cancer in 82 percent of children and young adults treated with modified immune cells in a mid-stage trial, the company said on Saturday. Interim results from the multi-center trial for 50 patients with acute lymphoblastic leukemia whose cancer returned or…