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 »

The Obama Administration Has Set New Standards for Medicaid Private Insurance Plans

The Obama administration has set new standards for Medicaid private insurance plans, which in recent years have become the main source of coverage for low-income people. The rules apply to… Read more »

Brain Damage in Zika Babies Far Worse than Expected

While health officials in Brazil say the epidemic is peaking there, the scale and severity of prenatal damage by the Zika virus are far worse than expected. Experts have begun calling… Read more »

Abbott to Acquire St. Jude Medical for $25 Billion

A rash of deals on Thursday showed that healthcare companies are convinced, regardless of tax benefits, that bigger is not only better, it is essential. The more than $40 billion… Read more »

Suicide in the United States Has Surged to the Highest Levels in Nearly 30 years

Suicide in the United States has surged to the highest levels in nearly 30 years, a federal data analysis has found, with increases in every age group except older adults…. Read more »