Accretive Health sweetens CEO pay package
The chief executive of struggling Accretive Health has another 1.5 million reasons to stay on the job. The Chicago company, which helps hospitals collect bills from patients and insurers, said...
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Company trying to buy Baxalta facing problems with its drug pipeline
An Irish drugmaker that has been trying to woo Chicago-area drug company Baxalta Inc. since summer has run into a setback on a critical pipeline drug, raising questions about its...
Horizon Pharma pushing forward with hostile takeover of Depomed
Horizon Pharma, a fast-growing Deerfield biotech, is getting ready to put the squeeze on Depomed Inc., a California company that makes pain drugs. On Thursday, Horizon announced a special shareholder...
Competition springing up for Humira, AbbVie’s hot-selling drug
Another week, and another competitor is nipping at the heels of AbbVie Inc.'s rheumatoid arthritis treatment Humira, the top-selling drug in the world. This time it's Eli Lilly and its...
Gun violence takes center stage at national health conference in Chicago
With gun violence ripping Chicago apart, resulting in about 2,400 shooting victims so far this year, the question of how to address the crisis will take center stage later this...
Having chest pain? New Abbott test could rule out heart attack faster
A new blood test developed by Abbott Laboratories in Chicago could help emergency room doctors determine more quickly whether someone suffering from chest pains is having a heart attack, a...
Two hospital groups merge, seeking stronger voice
Two hospital advocacy groups in Illinois have finalized plans to merge, with the goal of creating a more powerful voice on health care issues. The Illinois Hospital Association, which represents...
Why there are so many urgent care clinics everywhere
On the bustling North Milwaukee Avenue commercial strip in Bucktown, inside a former Scoop NYC boutique that used to sell $200 designer jeans and $800 suede boots, you can now...
In change of plans, Lake Forest drug compounder agrees to sell itself
Barely a month after announcing plans to go public, a Lake Forest maker of customized medicines instead will sell itself to a Pennsylvania drug distributor for $2.58 billion. PharMEDium Healthcare...
Horizon Pharma moving U.S. headquarters to Lake Forest, tripling staff
Horizon Pharma, a fast-growing Illinois biotech company, is moving its U.S. headquarters from Deerfield to Lake Forest and plans to triple its workforce to 600 employees in about four years....