Author Archives: Steve Walker

New Type of Non-Opioid Pain Drug Seeks FDA Approval

ELI LILLY & CO. (Indianapolis IN) said it and partner Pfizer Inc. (New York City) aim to seek approval by 2018 for a new type of pain drug that could… Read more »

FDA Approves New Treatment for Opioid Addiction

Federal health officials on Thursday approved an innovative new option for Americans struggling with addiction to heroin and painkillers: a drug-oozing implant that curbs craving and withdrawal symptoms for six… Read more »

Clover Health Inc. Still a Favored to Disrupt the Trillion-Dollar Insurance Market

Clover Health Inc. (San Francisco) raised $160 million from private investors Friday, suggesting the sector is still a favorite among venture capitalists betting such startups can disrupt the trillion-dollar insurance… Read more »

UnitedHealth Group Inc. is Exiting New Jersey’s Obamacare Exchange

UnitedHealth Group Inc. (Minnetonka MN) is exiting New Jersey’s Obamacare exchange, marking the 27th state market the insurer is quitting. UnitedHealth’s Oxford Health Plans unit won’t participate in New Jersey’s… Read more »

Rare Genetic Variation Associated with Lower-Than-Average Risk of Heart Disease

Researchers from Amgen Inc.’s (Thousand Oaks CA) deCode genetics unit said they have discovered a rare genetic variation that is associated with a 34% lower-than-average risk of heart disease, potentially opening up… Read more »

Exercise Linked to Lower Risk of Certain Types of Cancer

A new study published in JAMA Internal Medicine offers another strong incentive to go for a run, or at least a brisk walk. It finds that people who get more activity in their leisure… Read more »

Pfizer Acquires Anacor Pharma for $5.2 Billion

Pfizer Inc. (New York City) is buying Anacor Pharmaceuticals Inc. (Palo Alto CA) in a $5.2 billion deal to add an eczema gel to its portfolio, just a month after… Read more »

Republicans Win Latest Obamacare Challenge; Add to Hospital, Insurer Worries

Hospital and insurer stocks slumped last week after a federal judge in Washington, DC, ruled that some of the funding for President Barack Obama’s signature healthcare law is unconstitutional, potentially… Read more »

Drugs Targeting DNA Repair Mechanisms Inside Cells Show Promise in Fight Against Cancer

Drugs targeting DNA repair mechanisms inside cells are showing significant promise for a range of tumors and AstraZeneca PLC (London) believes it is well ahead of rivals in the emerging… Read more »