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Health

  • Drugmakers’ Power to Raise Prices Remains Strong

    Drugmakers’ Power to Raise Prices Remains Strong

    Firms’ ability to raise drug prices is firmly intact despite pushback from health insurers and scrutiny by U.S. lawmakers. More than two-thirds of the 20 largest pharmaceutical companies said price increases boosted sales of their biggest products in the first quarter.

  • Medicare Backs ID Numbers for Medical Devices

    The Medicare agency has endorsed the use of unique identification numbers in billing records for medical devices, a move safety advocates say is crucial in helping detect malfunctions in devices.

    Medicare Backs ID Numbers for Medical Devices
  • In Rush to Serve More Veterans, VA Opens Door to Disability Fraud

    Disability benefits have soared as the embattled Veterans Affairs department expands coverage and streamlines the claims process. Now, some critics say the reduced evidence requirements can mean claims get padded.

    In Rush to Serve More Veterans, VA Opens Door to Disability Fraud
  • Pace of U.S. Health Spending Accelerated in 2015

    Growth in U.S. health-care spending quickened slightly in 2015 and will continue to rise at a moderate pace over the next decade, but not at the fast clip seen in the 20-year period before the recession, federal actuaries said Wednesday.

    Pace of U.S. Health Spending Accelerated in 2015
  • Valeant’s Ex-CEO Michael Pearson Sells Nearly $100 Million in Company Stock

    Michael Pearson has sold nearly $100 million of his stock in Valeant Pharmaceuticals International Inc. in the past two weeks, according to securities filings, following his firing as the troubled drugmaker’s chief executive in March.

    Valeant’s Ex-CEO Michael Pearson Sells Nearly $100 Million in Company Stock
  • Sage Shares Jump on Postpartum Depression Drug Trial Results

    Sage Therapeutics’ shares jumped 40% after the pharmaceutical firm announced positive mid-stage trial data for its treatment for postpartum depression.

  • Teva Raises Guidance

    Teva Pharmaceutical Industries, which is working toward a $40.5 billion acquisition of Allergan’s generics unit, increased its second-quarter earnings and revenue guidance.

  • Amgen Biosimilar Gets Thumbs-Up From FDA Panel

    Agency’s advisory panel voted unanimously in favor of Amgen’s version of AbbVie’s Humira, a biotech drug that raked in nearly $15 billion last year.

    Amgen Biosimilar Gets Thumbs-Up From FDA Panel
  • Juno to Resume Clinical Trial of Anticancer Treatment

    Juno Therapeutics Inc. will resume a drug trial of a potential leukemia treatment that had been placed on clinical hold last week following two patient deaths.

  • Under Fire, Theranos CEO Stifled Bad News

    Theranos CEO Elizabeth Holmes has continued to put a positive spin on her embattled blood-testing company—while broadly keeping employees in the dark on many issues—even as Theranos’s regulatory and legal troubles mount.

    Under Fire, Theranos CEO Stifled Bad News
  • Aetna, Humana Defend $34 Billion Merger

    Aetna and Humana faced resistance from the Justice Department in a meeting to consider their proposed $34 billion merger, signaling an uphill battle persuading antitrust enforcers the deal won’t harm competition.

    Aetna, Humana Defend $34 Billion Merger
  • Surprise Medical Bills Stir Fight Between Providers, Insurers

    The growth of insurance plans built around small networks of health-care providers is fueling new fights over surprise medical bills, when patients inadvertently get care from out-of-network doctors.

    Surprise Medical Bills Stir Fight Between Providers, Insurers
  • Battle Over Health-Care Law Again Escalates

    House Republicans began hearings on Affordable Care Act reimbursements to insurers to offset low-income consumers’ out-of-pocket costs, as the White House appealed a judge’s ruling that those payments are improper.

    Battle Over Health-Care Law Again Escalates
  • Juno Shares Plunge as Drug Trial Placed on Hold After Patient Deaths

    Juno Therapeutics Inc. said a clinical hold was placed on its trial of a potential leukemia treatment after two patient deaths last week.

  • FDA Approves Abbott’s Absorbable Heart Stent

    The U.S. Food and Drug Administration approved Abbott Laboratories’ absorbable heart stent called Absorb, a device cardiologists say represents a significant advance in treatment of coronary artery disease.

    FDA Approves Abbott’s Absorbable Heart Stent
  • Medivation Opens Door to Takeover Talks With Sanofi

    U.S. biotech Medivation said it had signed confidentiality agreements with several suitors, including Sanofi, opening the door to potential takeover talks.

    Medivation Opens Door to Takeover Talks With Sanofi
  • Valeant’s New CEO Brings Familiar Prescription

    Joseph Papa promised to start a “new chapter” at drugmaker Valeant, but Wall Street is questioning whether the man hired to bring about change can succeed after drawing from a similar playbook to Valeant’s at his previous company, Perrigo.

    Valeant’s New CEO Brings Familiar Prescription
  • VA Health-System Overhaul Urged by Commission

    The Department of Veterans Affairs health system should get a wholesale revamp that includes shuttering some facilities and making permanent a system that lets veterans get care from private doctors, according to an advisory commission.

    VA Health-System Overhaul Urged by Commission
  • Why Good Storytellers Are Happier in Life and in Love

    Studies find the way people tell their own stories has an outsize effect on their life satisfaction.

    Why Good Storytellers Are Happier in Life and in Love
  • Can Adults Grow Taller?

    Some adults insist, often after an annual visit to their doctor, that they’ve added a half-inch or so in height. One expert explains what’s going on.

    Can Adults Grow Taller?