Pfizer is one of several saline manufacturers that received subpoenas seeking documents regarding manufacturing, pricing and communication with competitors.
Drugmaker Baxter International is acquiring Claris Injectables, an India-based firm that makes generic injectable medicines.
Baxalta President and CEO Ludwig Hantson received almost $19 million in 2015 for running a company that was not even a year old.
José Almeida has been appointed chairman and CEO of Baxter International, the Deerfield, Ill.-based medical product company.
Baxter International said Tuesday that it's cutting about 1,400 jobs worldwide. The cuts represent 5% of the Deerfield, Ill.-based company's non-manufacturing payroll.
While most healthcare stakeholders have slowed their spending on Washington lobbying, one sector has cranked up the pressure—the medical-device industry.