Peter Frost

Lisle-based SXC Health Solutions Corp. said Wednesday that it plans to buy competitor Catalyst Health Solutions Inc. for about $4.4 billion in cash and stock, an acquisition that will catapult...

Abbott Laboratories said Wednesday that its first-quarter earnings rose 44 percent, fueled by strong sales growth of its blockbuster anti-inflammatory drug Humira, diagnostic devices and nutritional products. The North Chicago-based...

SXC Health Solutions Corp. said Wednesday that it plans to buy competitor Catalyst Health Solutions Inc. for about $4.4 billion in cash and stock in an acquisition that catapults the...

Abbott Laboratories on Wednesday posted better than expected first quarter revenue and income, and raised its 2012 earnings forecast. The North Chicago-based pharmaceutical company said it earned $1.24 billion, or...

With at least two dozen Illinois nonprofit hospitals facing the specter of paying millions in property taxes, Fitch Ratings on Monday warned that some of those institutions could face a...

Shares of Baxter International Inc.fell nearly 7 percent Monday after the company said the U.S. Food and Drug Administrationhad requested more data on the long-term use of a new treatment...

Seeking a leading role in treating a painful and complex form of arthritis, Takeda Pharmaceutical Co. Ltd. on Wednesday agreed to shell out $800 million in cash for a small...

An Illinois resident with individual health insurance would have received an average rebate of $159 last year if a provision of the new federal health care law had been in...

It was 3 a.m. on a warm summer morning in 2009. Northwestern University students Yuri Malina and Mert Iseri were sitting at the deserted North Beach in Evanston trying to...