Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
U.S. prosecutors leveled charges Thursday against the billionaire founder of an opioid medication maker that has faced increasing scrutiny from authorities across the country over allegations of pushing prescriptions of powerful painkillers amid a drug epidemic that is claiming thousands of lives each year. The fraud and racketeering case against Insys Therapeutics founder John Kapoor, ... U.S. prosecutors leveled charges Thursday against the billionaire founder of an opioid medication maker that has faced increasing scrutiny from authorities across the country over allegations of pushing prescriptions of powerful painkillers amid a drug epidemic that is claiming thousands of lives each year.
More than 62 million Americans - about a third of the nation's adult population - have put money into 401 retirement plans. Now Republicans in Congress are seriously debating changing the program, dramatically reducing the amount of money Americans can contribute tax-free to their 401 account from $18,000 a year now to just $2,400 a year.
John Kapoor, a billionaire whose company developed a liquid version of the opioid painkiller fentanyl, was arrested in Phoenix on Thursday on charges that he spearheaded a scheme to bribe doctors and pharmacists across the nation to boost sales - largely to patients who did not need the medication. The scheme was first described in December in an indictment against six executives at the company, Insys Therapeutics in Chandler, Ariz.
Army Sgt. Bowe Bergdahl will appear Monday before the judge deciding his punishment for endangering comrades by walking off his post in Afghanistan in 2009.
Results from the USDA study, conducted by Deloitte, show that most consumers should be able to access bioengineering food disclosure information from a digital link on a package but that access is not foolproof. The National Bioengineered Food Disclosure Law-signed into law on July 29, 2017-directs the U.S. Department of Agriculture to develop regulations and standards to create mandatory disclosure requirements for bio-engineered foods by July 2018.
'That should be illegal': Lawmakers are taking aim at pharma giant Allergan over an unusual deal with a Native American tribe In September, Allergan struck an unusual deal with the Saint Regis Mohawk Tribe to transfer patents of the eye drug Restasis, a move that gives the drug sovereign immunity from certain patent challenges. Lawmakers aren't too happy about the deal, and Senator Claire McCaskill has introduced a bill to close the sovereign immunity "loophole."
A subsidiary company of Johnson & Johnson , the world's largest pharmaceutical manufacturer, came out in protest Monday against Florida using its drugs to perform lethal injection executions. Florida resorted to using J&J's etomidate anesthetic after the state ran out of the more traditional sedative midazolam earlier this year.
The Los Angeles Times' parent company is bringing in a new publisher, editor and other top newsroom managers in a shake-up it says is part of a plan to move one of the nation's flagship newspapers more quickly into... The Los Angeles Times' parent company is bringing in a new publisher, editor and other top newsroom managers in a shake-up it says is part of a plan to move one of the nation's flagship newspapers more quickly into the digital age. Officials have suspended the search for five Army soldiers who were in a helicopter crash during offshore training in Hawaii last week.
President Donald Trump speaks as Kenneth Frazier, chairman and CEO of Merck, looks on during a listening session with manufacturing CEOs on Feb. 23 in the State Dining Room of the White House.
The departure of Kenneth Frazier from the president's American Manufacturing Council added to a storm of criticism of Trump over his handling of Saturday's violence in Charlottesville, in which a woman was killed when a man drove his car into a group of counter-protesters. Democrats and Republicans have attacked the Republican president for waiting too long to address the violence, and for saying "many sides" were involved rather than explicitly condemning white-supremacist marchers widely seen as sparking the melee.
Merck & Co chief executive Kenneth Frazier has resigned from US President Donald Trump's American Manufacturing Council, saying he was taking a stand against intolerance and extremism. A gathering of hundreds of white nationalists in Virginia took a deadly turn on Saturday when a car ploughed into a group of counter-protesters and killed at least one person.
Dealmaking in the pharmaceuticals and healthcare sector saw a rebound in H1 2017, with deal value increasing 51.8 percent compared to the preceding half-year. The sector delivered 244 deals worth US$98.2 billion during the period, making it the third-largest industry by deal value and fourth-largest by deal volume.
Last month, the U.S. Supreme Court held that due process restricts a state court's power to exercise "general" jurisdiction to hear any and all claims against a defendant. General jurisdiction exists only where the defendant is "at home."
Today's Backstory features Bradley J. Fikes, who writes about biotechnology and life science for The San Diego Union-Tribune. His article about some of the hottest fields in the life sciences appears on the front page of Sunday's print edition.
In this Oct. 24, 2016 file photo, the HealthCare.gov 2017 web site home page is seen on a laptop in Washington. After five consecutive years of coverage gains, progress reducing the number of uninsured Americans stalled in 2016, according to a government report that highlights the stakes as Republicans try to roll back Barack Obama's law.
Psychemedics, a company that conducts drug testing, cited a 38% decrease in accidents in Brazil since that nation mandated hair testing for all commercial drivers in its comments. A number of trucking industry groups and motor carriers expressed support for using hair samples instead of urine when testing for drugs during pre-employment screenings of truck drivers.
U.S. Supreme Court justices on Tuesday signaled a willingness to place limits on where corporations can be sued in a dispute involving drug maker Bristol-Myers Squibb Co, a potential setback to plaintiffs' lawyers who try to bring suits in friendly courts. The justices heard arguments in Bristol-Myers' appeal of a California Supreme Court ruling allowing that state's courts to hear claims related to its blood-thinning medication Plavix even though most plaintiffs do not live in the state and the company is not based there.
The Cherokee Nation filed a lawsuit against pharmacies and drug distributors on Thursday, alleging that the companies have not done their part to curb the opioid epidemic that has gripped the tribal community. Among the companies named are pharmacies such as Walmart, CVS and Walgreens.
High U.S. share prices are pushing Lipper Award-winning equity fund managers into the shares of beaten-down healthcare companies, retailers and emerging-market stocks that they say offer a greater chance for outsized gains. Fund managers from Poplar Forest, Parnassus Investments and Brandes Investment Partners are among the 2017 Lipper Award winners who are concerned about the high valuation of the benchmark S&P 500 index.
The U.S. Supreme Court on Wednesday ruled in favor of Life Technologies in a lawsuit brought by rival Promega that alleged patent infringement. The Thermo Fisher Scientific subsidiary prevailed 7-0 in the lawsuit.