Lake Forest compounder of customized drugs files for IPO
In a sign of how lucrative and high volume customized medicines have become, a Lake Forest company that produces such drugs has filed plans for an initial public offering. PharMEDium...
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Illinois law will bring lockable pill bottles, but will they work?
Some pill bottles for prescription painkillers in Illinois could soon resemble small security gadgets, with spinning dials and secret combinations. Under a law that takes effect in January, Illinois will...
Presence Health forms urgent-care venture
Presence Health said Tuesday that it will expand its urgent-care business by partnering with a Rosemont-based company to jointly operate 10 walk-in clinics. Chicago-based Presence has formed a joint venture...
Abbott shopping, but not for St. Jude
Abbott Laboratories has billions of dollars in the bank and has made no secret of its interest in making deals. Now, in an increasingly competitive health care market, analysts say...
Sterigenics plans $10 million Gurnee expansion
Deerfield-based Sterigenics International, which provides sterilization services for medical-device manufacturers, plans to invest $10 million to expand a facility in suburban Gurnee. The company uses different methods, including gamma radiation,...
Do omega-3 supplements help the brain? NIH study casts doubt
Among dietary supplements, fish oil is one of the most popular, its softgel tabs found everywhere from natural food stores to Target. Fish oils contain omega-3 fatty acids, which are...
Walgreens strives for cost-effective in-store clinics in partnership
Walgreens is teaming up with a large hospital network for the first time to open a handful of new in-store clinics, as the drugstore chain looks for a more cost-effective...
Centene shares dip, recover after news of Cook contract loss
Shares of health insurer Centene fell in early trading Friday before rebounding, a day after the baiduhai reported that one of the firm's subsidiaries will lose a Medicaid contract...
Weight-loss balloons get FDA approval
For many struggling with their weight, a new device has been approved that will give them another medical alternative to treatments like prescription drugs and surgery. It involves inserting a...
Cook County health system to replace claims administrator
Cook County's public health system is looking for a new company to process insurance claims after it canceled a contract with the firm it hired just a year ago. A...