Author Archives: Steve Walker

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 »

New Inversion Rules Test Pending Deals, WSJ Reports

The U.S. Treasury Department’s latest attempt at stopping corporate inversions last week spelled doom for Pfizer Inc.’s (New York City) $150 billion attempted takeover of Allergan PLC (Dublin IRL)–what would… Read more »