By Linda A. Johnson / Associated Press | July 30, 2013
Pfizer and the Justice Department say the drugmaker will pay almost $491 million to resolve an investigation into illegal marketing of the company's organ transplant drug Rapamune. FULL STORY »
Northwestern University has agreed to pay nearly $3 million to settle a whistle-blower's allegations that a cancer researcher formerly at the school was misusing federal grant money. FULL STORY »
HCA, Nashville, the country's largest hospital chain by revenue and hospital count, will undergo a leadership change at the end of the year, when CEO Richard Bracken steps down. FULL STORY »
Pfizer, in what could be the prelude to spinning off its generic drug business, said it plans to separate its commercial operations into two units, mainly for patent-protected brands and a third for generics. FULL STORY »
By Jay Greene, Crain's Detroit Business | July 29, 2013
Healthcare insurers and hospitals under contracts or that provide services to city of Detroit employees and retirees could be on the hook for unpaid bills depending on how the city's bankruptcy proceedings go. FULL STORY »
By Shawn Pogatchnik / Associated Press | July 29, 2013
U.S. drugmaker Perrigo agreed Monday to buy Ireland's Elan for $8.6 billion in a deal that should allow the rapidly growing company to reduce its tax bill and boost its royalty stream. FULL STORY »
More than 2,300 employees at LSU hospitals in Shreveport and Monroe can start applying for jobs with the hospitals' new operator starting Aug. 5. FULL STORY »
By Gale Scott, Crain's New York Business | July 26, 2013
A state health committee examining the impact of floods on New York hospitals learned an important lesson Thursday: Flood-mitigation measures can work. FULL STORY »
The hedge fund operated by embattled billionaire Steven A. Cohen made hundreds of millions of dollars illegally and allowed unprecedented and pervasive insider trading to go unchecked for years, federal prosecutors said in an indictment unsealed Thursday. FULL STORY »
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