Author Archives: Steve Walker

UnitedHealth to Pull Back From Insurance Exchanges, Citing Losses

UnitedHealth Group Inc. (Minnetonka MN), the nation’s largest health insurer, told investors it continued to lose hundreds of millions of dollars selling individual policies under the federal healthcare law. The company… Read more »

13 Fortunate People Survive into Adulthood with Often-Fatal Inherited Mutated Gene

Although they do not know it, 13 incredibly fortunate people each inherited a mutated gene that causes a fatal or extremely debilitating disease in infancy or childhood–but these people are… Read more »

Great Basin Scientific Surges on Preliminary Revenue Report

The molecular diagnostics company Great Basin Scientific Inc. (Salt Lake City UT) traded up for the week on reported preliminary revenue results. The first quarter results for 2016 are projected to come… Read more »

U.S. Lawmakers Approve Bill to Provide Financial Incentives to Companies Developing Treatments for the Zika Virus

U.S. lawmakers last week approved a bill to provide financial incentives to companies developing treatments for the Zika virus, sending the measure on to the White House for President Barack… Read more »

U.S. Prescription Spending to Pass $610 Billion a Year by 2020 Says IMS Health

Spending on prescription drugs in the U.S. rose 12% to a record $425 billion before discounts last year, boosted in part by the introduction of breakthrough medicines for cancer and… Read more »

Price of Insulin Rose Nearly 200% Between 2002 and 2013

The cost of the hormone insulin, one of the most important treatments for diabetes, rose nearly 200% between 2002 and 2013, according to a new study. While other diabetes medications… Read more »

People are Living Longer, But May Foreshadow Increase in Age-Related Mental Decline

People are living longer these days, but the good news foreshadows the possible increase in cases of age-related mental decline. By some estimates, the global incidence of dementia will more… Read more »

Vericel Stem-Cell Therapy Reduces Deaths and Hospitalizations in Advanced Heart Failure Patients

VERICEL CORP.’s (Ann Arbor MI) stem-cell therapy helped reduce deaths and hospitalizations in advanced heart failure patients, according to data from a mid-stage study, potentially providing a treatment that could… Read more »