Health care tops lists of False Claims Act violations
Health care fraud topped the list of federal crackdowns this year under the False Claims Act, accounting for more than half of $3.5 billion in settlements and judgments. The federal...
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After 5,000% Daraprim hike, pharma CEO ‘would have raised prices higher’
Don't hold your breath waiting for Turing Pharmaceuticals to lower the price of lifesaving drug Daraprim. An unapologetic Martin Shkreli, chief executive of the startup company, said Thursday that he...
With new center, Baxalta says no jobs exodus seen
Less than a year after spinning off from Baxter International, Baxalta has opened a new research and development center in the Boston area, becoming the latest player to tap into...
Painkiller abuse touches 56% of Americans, Kaiser says
Prescription pain pills, designed to relieve suffering, are causing a lot of agony. A recent Kaiser Family Foundation national poll says 56 percent of people surveyed have a personal connection...
Express Scripts partners with drug company to produce $1 version of Daraprim
Patients suffering from a rare parasitic disease will soon have a low-price alternative to Daraprim, the lifesaving drug sold by Turing Pharmaceuticals exclusively through Walgreens for $750 a pill. Express...
FDA approved almost all medical devices in the last year
The Food and Drug Administration says it approved 98 percent of all high-risk medical devices submitted during the most recent fiscal year, the highest rate in at least 15 years....
Turing won’t cut list price of lifesaving drug Daraprim sold at Walgreens
A small drugmaker that promised to decrease the price of a lifesaving drug — after raising it about 5,000 percent — now says it will not cut the list price...
Evanston man wins medical debt claim against collection agency
For nearly four years, Gregory Leeb of Evanston has been trying to get a collection agency to admit it made a mistake in sending him dunning notices for a $327...
Horizon Pharma calls off takeover of California company Depomed
Illinois biotech firm Horizon Pharma has called off its $1 billion hostile takeover of Depomed, a California pharmaceutical company, after a court ruled Depomed's use of a poison pill defense...
Walk-in chiropractic clinics aim to expand a slowing industry
Taylor Crittenden says "a constant dull ache" in her right knee sometimes causes her to limp. When she noticed that a clinic called The Joint Chiropractic opened in Logan Square...