Author Archives: Steve Walker

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 »

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 »