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AbbVie beats 2Q profit forecasts but sales fall short; new drug OK'd

By Associated Press  |  July 24, 2015

Drugmaker AbbVie reported better-than-expected second-quarter profit, but its sales disappointed Wall Street. The FDA on Friday approved a new drug from AbbVie for the treatment of hepatitis C, creating a competitor to one of the most expensive drugs on the market.

Cholesterol drug Praluent approved by FDA

By Associated Press  |  July 24, 2015

The Food and Drug Administration on Friday approved a first-of-a-kind drug that lowers artery-clogging cholesterol more than older drugs that have been prescribed for decades. But the drug's $14,600-a-year price tag is certain to escalate debate about the cost of breakthrough drugs.

Amerinet switches gears after acquisition by Intermountain

By Adam Rubenfire  |  July 15, 2015

Two new senior executives announced Wednesday are just the latest changes group purchasing organization Amerinet has gone through since the start of the summer. Its CEO left and it was acquired by Intermountain Healthcare.

Stradis names COO for small kit division

Stradis names COO for small kit division

By Adam Rubenfire  |  July 13, 2015

Stradis Healthcare, a Lawrenceville, Ga.-based manufacturer of custom procedure kits, has hired Joe Trznadel as COO of its Medikmark small kit division.

Emergency epinephrine syringes in short supply

By Adam Rubenfire  |  July 13, 2015

The Food and Drug Administration is reporting shortages of pre-filled syringes of epinephrine, which are most commonly used to treat individuals who are in cardiac arrest.

Hospital systems investing in startups whose products they use

Hospital systems investing in startups whose products they use

By Howard Wolinsky  |  July 11, 2015

About 40 health systems have started venture funds. The lure is the potential for big payoffs and the promise of getting in on the ground floor with effective new healthcare technologies and services. But most startups fail to deliver on venture capitalists' investment.

Egg shortage hits healthcare industry

Egg shortage hits healthcare industry

By Adam Rubenfire  |  July 08, 2015

Eggs are important to healthcare, and not just for feeding patients: They're used to make vaccines too. That's why a looming shortage of the protein has vaccine makers and hospital foodservice directors on high alert.

Blog: Omnicare agrees to settle with government in anti-kickback suit

By Lisa Schencker  |  July 08, 2015

Omnicare and the federal government plan to settle a lawsuit accusing Omnicare of accepting millions of dollars in kickbacks from Abbott Laboratories in exchange for pushing doctors to prescribe a certain drug to dementia patients, according to documents filed in federal court Tuesday.

Demand for 3-D boosts digital mammography system prices

Demand for 3-D boosts digital mammography system prices

By Adam Rubenfire  |  July 06, 2015

The average price providers paid for digital mammography systems was up 22% between February and April, compared with the same period last year, fueled by increasing interest in 3-D systems, according to the Modern Healthcare/ECRI Institute Technology Price Index.

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