Tag Archives: Wall Street Journal

Tesaro says it’s for sale, but who can afford it






The News: Just ahead of the year’s biggest download of cancer data, the maker of a closely watched drug has put itself up for sale, according to The Wall Street… Read more »

Mylan’s EpiPen profitable despite recalls, lawsuits; stock price immune to ethics rants






Mylan NV (Amsterdam) is facing a new class-action lawsuit related to the price hikes of it EpiPen devices. The lawsuit was filed in federal court in Tacoma, Washington on Monday… Read more »

Musk’s new AI startup aims at human brain; tech giants already in that space






Entrepreneur Elon Musk has confirmed on via Twitter the launch of a new venture company, called Neuralink, which aims to develop a brain-computer interface. According to people familiar with the matter, the company will pursue what… Read more »

Theranos investors victims of narcissism






On Thursday (March 23, 2017), the Wall Street Journal posted another seminal report from inside the tattered remains of biomedical company Theranos Inc. (Palo Alto CA). The company, which is… Read more »

Icahn’s latest target, Bristol-Myers, may play hard-to-get; unless Pfizer comes a courting






The News: Activist investor Carl Icahn just announced his latest target: Bristol-Myers Squibb Co., reports the Wall Street Journal. Bristol-Myers has been the focus of several activist investors in recent… Read more »

Humana bails Obamacare exchanges; signals beginning of the end of private insurer involvement






The News: Humana Inc. (Louisville KY) said it will leave the commercial individual insurance business effective in 2018, including coverage offered on public exchanges under the Affordable Care Act, after being unable to… Read more »

Federal judge blocks $54-billion Anthem, Cigna merger; judiciary giving notice who’s boss in court






The News: A federal judge last week (February 6, 2017) blocked health insurer Anthem Inc. (Indianapolis IN) from acquiring rival Cigna Corp. (Bloomfield CT), the second court ruling in recent… Read more »

Walgreens cuts offer for Rite Aid, casting doubt on merger; analysts say deal still alive






The News: Walgreens Boots Alliance (Deerfield IL) on Monday (January 30, 2017) entered into a new agreement with Rite Aid (Camp Hill PA) to buy the drugstore chain for at least $2 less per share… Read more »

Democrats demand probe into stock trading of Trump’s HHS nominee; GOP’s righteous indignation misplaced, puzzling






Senate Democrats on Thursday (January 5, 2016) demanded an ethics probe into Tom Price, President-elect Donald Trump’s pick for US health secretary, following a report that the fierce Obamacare critic… Read more »

New Biogen pick for CEO inherits tough job; markets aren’t exactly enthralled–yet






Biogen Inc. (Cambridge MA) said Monday (December 19, 2016) it has named veteran biopharmaceutical executive Michel Vounatsos, head of the company’s commercial organization, its next chief executive. Mr. Vounatsos will succeed George Scangos, who announced earlier this… Read more »