Cold winter leads to refund on gas bills
Peoples Gas and North Shore Gas customers will receive a refund on their gas bills starting this month. The credit will appear on each bill from April through December, with...
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Catamaran: Diabetes drug spending rose 21 percent last year
Prescription drug spending in 2014 increased 5.7 percent compared with 2013. That compared with a 2.4 percent increase in 2013 from the previous year, according to Catamaran, a pharmacy benefit...
Advocate, NorthShore merger delayed by FTC
Though not unexpected, the merger between the state's largest hospital system Advocate Health Care and the NorthShore University HealthSystem has been delayed. The Federal Trade Commission recently informed the hospital...
Three-way merger creates state’s largest hospice care provider
Three Illinois nonprofit hospice companies said Tuesday that they will combine, forming what's expected to be the largest end-of-life provider by patient volume in the state. The companies — Chicago-based...
Hospira launches Canada’s first biosimilar
Hospira on Monday launched Canada's first available biosimilar, a drug called Inflectra that treats rheumatoid arthritis among other conditions. The biosimilar was the first approved by the country's regulatory body...
UnitedHealth buying Catamaran for $12.8 billion
UnitedHealth Group said Monday that it will acquire Schaumburg-based pharmacy benefit manager Catamaran for about $12.8 billion in cash. UnitedHealth said it will buy Catamaran's outstanding stock for $61.50 per...
Horizon Pharma buying Hyperion Therapeutics for $1.1 billion
Horizon Pharma said Monday that it will buy Brisbane, Calif.-based Hyperion Therapeutics for about $1.1 billion. Horizon, based in Dublin with U.S. headquarters in Deerfield, said it will pay $46...
Hospira’s first biosimilar could be its first to gain FDA approval
Lake Forest-based Hospira released clinical data Friday for its drug Retacrit, which could become the company's first U.S.-approved biosimilar drug. Retacrit, approved in Europe since 2008, treats anemia as a...
Walgreen nixes ‘Be well’ at checkout line
Walgreens will no longer require its cashiers to send each customer off with the words, "Be well." A spokesman said the campaign had run its course, though the company didn't...
Insurer Land of Lincoln enrollment rises to 50,000 as it cuts premiums
Startup health insurer Land of Lincoln stumbled out of the gate last year, plagued by the cost of its premiums and a name that wasn't well known. After taking out...