Koch subsidiary acquires Irish medical device firm

By Steven Ross Johnson  |  May 26, 2015

Koch Industries, run by controversial conservative billionaires Charles and David Koch, has acquired Irish medical devicemaker Protek Medical through its subsidiary Molex, the company recently announced.

Appeals court orders Actavis to continue selling Alzheimer's drug

By Lisa Schencker  |  May 22, 2015

A federal appeals court ruled Friday that Actavis must continue to sell an Alzheimer's drug it wanted to pull off the market to limit competition from generics. It's a case with potential implications for pharmaceutical companies and patients nationwide, experts say.

Johnson & Johnson expects lucrative return on drug pipeline

By Associated Press  |  May 20, 2015

Johnson & Johnson expects a lucrative return from its pharmaceutical business, with plans to seek approval by 2019 for more than 10 new products, each with the potential to top $1 billion in annual sales.

Foreign exchange rates, investment losses impact BD earnings

By Adam Rubenfire  |  May 08, 2015

Becton, Dickinson and Co., a major producer of medical supplies, devices and equipment, reported a notable decrease in earnings in the second quarter because of losses from investments and the strong dollar's effect on international revenue.

Additional FDA action needed to mitigate drug shortages

Additional FDA action needed to mitigate drug shortages

By Curtis Rooney  |  May 08, 2015

Drug shortages, such as those involving saline solution and the antibiotic piperacillin/tazobactam that are currently challenging hospitals, represent a complex problem that affects the ability of hospitals and other healthcare providers to treat their most vulnerable patients. Though recent...

NuVasive banks higher profits as new CEO era begins

By Bob Herman  |  May 05, 2015

NuVasive is officially operating with a new chief executive, and the San Diego-based manufacturer of spine devices posted a sizable turnaround in the first quarter thanks to favorable legal developments.

Henry Schein sees growth in medical supply business

By Adam Rubenfire  |  May 04, 2015

Henry Schein, a major provider of supplies for medical, dental and veterinary offices, reported a slight uptick in earnings as growth in its medical business outpaced its dental stronghold in the first quarter.

Higher costs dampen MedAssets profit

By Adam Rubenfire  |  April 30, 2015

MedAssets, a healthcare group purchasing and revenue-cycle management company, reported lower income for the first three months of 2015, the second quarter since the company acquired healthcare consultancy Sg2.

Covance acquisition complicates LabCorp's first quarter

By Adam Rubenfire  |  April 27, 2015

Acquisitions, restructuring and rising interest expenses left Laboratory Corporation of America Holdings with falling income despite slightly higher revenue in its first quarter.

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