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News
HHS reissues disputed 340B policy on orphan-drug discounts
By Jaimy Lee | July 21, 2014 | Basic Web Basic Web Subscription Details
HHS issued an interpretive rule that requires drug companies to provide discounts on orphan drugs sold through a federal program just months after a judge struck down the government's previous version of the rule.
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Magazine
Kentucky expands nurses' prescribing authority, and other news
By Modern Healthcare | July 19, 2014 | Print Magazine Print Magazine Subscription Details
A new Kentucky state law that expands prescribing authority for advanced practice registered nurses took effect last week.
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Magazine
Tax reform fears driving Big Pharma mergers
By Beth Kutscher | July 19, 2014 | Print Magazine Print Magazine Subscription Details
The rumblings that corporate tax reform will close favorable loopholes for pharmaceutical and biotechnology companies are getting louder, fueling a rush of high-dollar cross-border deals.
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News
Dignity Health to pay feds $1.55 million for lost opioids
By Bob Herman | July 18, 2014 | Basic Web Basic Web Subscription Details
Dignity Health, San Francisco, agreed Wednesday to pay $1.55 million to resolve claims it mishandled controlled substances.
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Information
AbbVie, Shire agree on $55B combination
By Associated Press | July 18, 2014
The drugmaker AbbVie has reached a deal worth roughly $55 billion to combine with British counterpart Shire and become the latest U.S. company to seek an overseas haven from tax rates back home.
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Information
Studies see new risks for cholesterol drug niacin
By Associated Press | July 17, 2014
New details from two studies reveal more side effects from niacin, a drug that hundreds of thousands of Americans take for cholesterol problems and general heart health. Some prominent doctors say the drug now seems too risky for routine use.
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News
Baxter's revenue boosted by Gambro deal as earnings fall
By Bob Herman | July 17, 2014 | Basic Web Basic Web Subscription Details
Drug and medical-device maker Baxter International reported lower profit in its second quarter, but its 2013 acquisition of Gambro helped raise worldwide sales.
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Vital Signs
HHS to judge: Don't revisit the 340B lawsuit we lost
By Jaimy Lee | July 16, 2014
The Obama administration and the pharmaceutical industry are still battling in court over HHS' authority to compel drugmakers to grant 340B discounts on orphan drugs in some instances.
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Information
Heart patients might go off medication after changes in pill appearance
By Reuters | July 15, 2014
People are more likely to stop taking their medication after a heart attack if the appearance of their pills suddenly changes without explanation, a new study suggests.
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Information
AbbVie moves closer to Shire deal with $53.7 billion bid
By Bloomberg | July 14, 2014
AbbVie moved a step closer to buying Shire after the Dublin-based company said it is willing to back a fifth offer of $53.7 billion just four days before the deadline to strike a deal.
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