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Drug firms stalk Actavis deal
By Wall Street Journal | May 16, 2013
A heated takeover battle has erupted around generic-drug company Actavis as industry players seek to shore themselves up amid increasing competition and fewer new knock-off-drug opportunities.
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Melanoma treatment harnesses immune system to combat cancer cells
By New York Times | May 16, 2013
Cancer researchers are growing increasingly enthusiastic about harnessing the body's own immune system to fight tumors.
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FDA approves radiation-based prostate cancer drug
By Associated Press | May 15, 2013
The Food and Drug Administration has approved a new injectable drug that uses radiation to treat advanced prostate cancer that has spread to the bones.
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Study questions benefits of dual-chamber ICDs
By Jaimy Lee | May 14, 2013 | Basic Web Basic Web Subscription Details
A new study is questioning the benefits of dual-chamber implantable cardioverter-defibrillators.
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Indian drugmaker Ranbaxy agrees to $500M settlement
By Joe Carlson | May 13, 2013 | Basic Web Basic Web Subscription Details
The Indian generic drugmaker Ranbaxy, which already operates under an unprecedented consent decree banning sales of many of its products in the U.S., agreed to plead guilty in federal court and pay $500 million to resolve allegations of shoddy factory inspections and poor quality control.
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Huge drug cost disparities foreseen under reform
By Ricardo Alonso-Zaldivar / Associated Press | May 13, 2013
Cancer patients could face high costs for medications under President Barack Obama's healthcare law, industry analysts and advocates warn. Where you live could make a huge difference in what you'll pay.
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$510M overspent on dialysis drugs: OIG | CMS plans to adjust payment schedule to reflect current treatment practices.
By Jaimy Lee | May 10, 2013 | Basic Web Basic Web Subscription Details
The CMS and Medicare beneficiaries could have saved an estimated $510 million on drugs used to treat end-stage renal disease in 2011 if the reimbursement rate more accurately reflected current usage of these drugs, according to a report from HHS' inspector general's office.
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Rx spending drops as use of generics rises
By Jaimy Lee | May 09, 2013 | Basic Web Basic Web Subscription Details
Total spending on prescription drugs declined last year as more Americans filled prescriptions for lower-cost generics and some filled fewer prescriptions in general, according to a new study.
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ICU Medical said to explore sale that may fetch $1 billion
By Bloomberg.com | May 09, 2013
ICU Medical, the San Clemente, Calif.-based producer of intravenous medical equipment, is weighing a sale that may fetch more than $1 billion, said people familiar with the matter. The shares rose to their highest closing price since first being sold to the public 21 years ago.
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Long wait for device identifier gets longer
By Jaimy Lee | May 07, 2013 | Basic Web Basic Web Subscription Details
It's likely to be another seven weeks before the Food and Drug Administration finalizes long-awaited regulations that will require manufacturers to mark medical devices with unique identifiers that are expected to help track products during recalls, save money and improve patient safety.
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