Author Archives: Steve Walker

Cigna Signs “Results-Based” Deals on Costly Amgen, Sanofi Cholesterol Meds

Cigna Corp. (Bloomfield CT) signed deals that will pay the makers of two potent but pricey cholesterol-lowering treatments based on how well their customers respond to the medications, the health… Read more »

Will Surgery Robots Lead to Better Health Outcomes

Letting robots perform surgery independently may ultimately improve outcomes for patients, researchers say. In experiments on pigs, surgical stitches made by autonomous robots were as good as, or better than,… Read more »

Paper Disc Can Quickly Detect Zika Virus

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A paper-based rapid test for the Zika virus has been introduced by a consortium of research groups, according to The New York Times. The core of the test kit is… Read more »

Bayer’s Stivarga Results Show Promise in Fighting Liver Cancer

BAYER AG (Leverkusen DEU) now has Phase 3 results which suggest its Stivarga product is an effective treatment for a common form of liver cancer known as hepatocellular carcinoma (HCC)…. Read more »

Johnson & Johnson Hit with $55 Million Verdict in Talc Powder Trial

Johnson & Johnson (New Brunswick NJ) must pay $55 million to a 62-year-old South Dakota woman who blamed her ovarian cancer on the company’s talcum powder in the second such… Read more »

Pfizer Earnings Exceed Estimates; Company Raises 2016 Forecast

Pfizer Inc. (New York), which last month abandoned its $160 billion quest for Allergan PLC (Dublin IRL), reported quarterly results that blew past analysts’ estimates on sales of its new… Read more »

Infecting Mosquitoes with Bacterium Could Slow the Zika Virus

In the fight against the spreading Zika virus, scientists have uncovered an unlikely ally in the form of a bacterium called “Wolbachia.” The Aedes aegypti mosquito, the more abundant of the… Read more »

Medical Errors Are Third Leading Cause of Death in the U.S.

After heart disease and cancer, medical errors kill more Americans than anything else, claiming a quarter of a million lives a year, according to a study by researchers at Johns Hopkins University…. Read more »

Pfizer Pays $785 million to Resolve a 14-year-old Lawsuit

Pfizer Inc. (New York City) agreed to pay nearly $785 million to resolve a 14-year-old lawsuit claiming its Wyeth unit overcharged the government by hiding the discounts it was giving… Read more »

AbbVie Agrees to Buy Stemcentrx, Reports Jump in Earnings

U.S. biopharmaceutical firm AbbVie Inc. (North Chicago) on Thursday said it will acquire cancer biotech company Stemcentrx Inc. (South San Francisco) in a roughly $5.8 billion cash and stock deal that would expand… Read more »