Baxter spinoff gets a name: Baxalta
The biopharmaceutical company that is expected to spin off from Baxter International in mid-2015 now has a name: Baxalta Inc. The name is a combination of Baxter and "alta," a...
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AbbVie sued by FTC for paying to delay generic drug
The Federal Trade Commission has filed suit against North Chicago-based AbbVie and a partner, alleging the companies illegally blocked consumer access to generic versions of the testosterone replacement drug AndroGel...
Illinois hospitals fined $16.3 million for unnecessary readmissions
Illinois will collect $16.3 million from 82 hospitals that had higher-than-acceptable numbers of unnecessary hospital readmissions, the state said Friday. The penalties, devised to encourage hospitals to reduce preventable hospital...
Illinois small businesses to get jump on Obamacare exchange
Illinois is one of five states where small businesses will get an early start in evaluating 2015 health insurance plans as part of an effort by the federal government to...
AbbVie partners with Google to develop new drugs for aging
A startup backed by Google, the Silicon Valley powerhouse whose innovations range from its eponymous search engine to self-driving cars, is teaming up with a North Chicago drug company to...
Illinois small businesses to get early look at Obamacare exchange
Illinois is one of five states where small businesses will get an early start to the process of evaluating health insurance plans for next year as part of an effort...
CVS pulls last of tobacco items a month early, plans name change
The nation's No. 2 drugstore operator has finally kicked the habit. CVS plans to announce Wednesday that it has pulled all remaining cigarettes, cigars, smokeless tobacco and other tobacco products...
Baxter reportedly considering HQ move out of Illinois
Baxter International Inc. is said to be considering the Boston area for the corporate headquarters of one of the two companies it will create after it spins off its bioscience...
Northwestern Memorial HealthCare, Cadence Health finalize merger
Northwestern Memorial HealthCare and Cadence Health have finalized their plan to combine, creating a health system with four acute-care hospitals, 1,600 inpatient beds and a medical staff of more than...
University of Illinois Hospital nurses vote to authorize strike
University of Illinois Hospital nurses voted by a wide margin to authorize a strike if their union and the West Side hospital system are unable to come to terms on...