Biogen’s 2Q Profit Crushes Views; CEO to Depart

Biogen Inc. (Cambridge MA) stock jumped Thursday after the drugmaker reported strong sales of some of its newest treatments for multiple sclerosis and hemophilia. The company’s net income and sales… Read more »

$1 Billion Medicare Fraud Case Reveals Profitable Black Market

In the largest healthcare fraud case the U.S. Justice Department has ever brought, prosecutors charged that the owner of a network of Florida nursing facilities orchestrated an elaborate scheme to… Read more »

Four Florida Zika Cases Likely Spread by Local Mosquitoes, CDC Says

U.S. health officials said Friday that four cases of Zika virus were transmitted locally by mosquitoes in Miami, the first evidence of the virus spreading that way in the continental… Read more »

Department of Justice Sues Anthem, Aetna to Block Insurer Mergers

Anthem Inc. (Indianapolis IN) said its proposed $48 billion merger with rival health insurer Cigna Corp. (Bloomfield CT) will lower consumer costs and extend coverage to more people, in response… Read more »

GlaxoSmithKline Taps Apple’s ResearchKit for Arthritis Study

GlaxoSmithKline PLC (London) has started a rheumatoid arthritis study using Apple Inc.’s (Cupertino CA) ResearchKit, marking the first time a drugmaker has used the health system for the iPhone to… Read more »

FDA Panel Supports Novartis Version of Amgen Arthritis Drug

By unanimous FDA panel vote, Novartis AG’s (Basel CHE) Enbrel (etanercept) biosimilar was approved across all of its U.S. licenses. The panel, which gives nonbinding advice to the agency, voted… Read more »

Report Says Alcohol-Related Deaths are Likely to Increase after Cuts by England in Alcohol Taxation; What Can We Learn Here in the States?

Alcohol related deaths are most likely set to increase in England as incomes outstrip rises in taxation, argue experts in The BMJ (British Medical Journal). This prediction is based on the… Read more »

Congress Leaves Zika Measure Hanging; Then, There’s Really Bad News

Just one day after Congress adjourned for a seven-week recess without approving any of the $1.9 billion requested by the Obama administration to fund the effort to fight the Zika… Read more »

U.S. Health Spending to Climb 5.8% a Year Through 2025

The nation’s healthcare bill this year is expected to surpass $10,000 per person for the first time, the government said. The new peak means the Obama administration will pass the… Read more »

Federal Panel to Hear Obama Administration Appeal of ACA Insurance Ruling

The battle between congressional Republicans and the White House over the Affordable Care Act is again escalating–in court and on Capitol Hill. The administration last week appealed a federal trial judge’s ruling… Read more »