Health care industry

FILE - This Jan. 24, 2015, file photo, shows the exterior of AbbVie, in Lake Bluff, Ill. California has filed a lawsuit accusing pharmaceutical giant AbbVie of illegally plying doctors with cash, gifts and services to prescribe Humira, one of the world's biggest selling drugs. The suit filed on Tuesday, Sept. 18, 2018, says the kickbacks led doctors to write unneeded prescriptions for Humira despite its potentially deadly side effects. (AP Photo/Nam Y. Huh, File)
September 18, 2018 - 3:31 pm
SAN FRANCISCO (AP) — Pharmaceutical giant AbbVie illegally plied doctors with cash, gifts and services to prescribe one of the world's best-selling drugs, Humira, despite its potentially deadly complications, a California official said in a lawsuit filed Tuesday. The lawsuit by the state's...
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September 14, 2018 - 4:56 pm
PHILADELPHIA (AP) — A Chinese scientist has pleaded guilty to conspiring to steal biopharmaceutical trade secrets from GlaxoSmithKline in what prosecutors said was a scheme to set up companies in China to market them. Tao Li pleaded guilty Friday in federal court to a single conspiracy count. The...
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September 14, 2018 - 4:02 pm
WASHINGTON (AP) — Advocates for people with mental illness and HIV are joining other consumer groups in a lawsuit to block one of the Trump administration's main approaches for making low-cost health insurance more widely available. The case filed Friday in U.S. District Court in Washington, D.C.,...
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September 14, 2018 - 8:16 am
NEW YORK (AP) — A leading cancer doctor has resigned from New York's Memorial Sloan Kettering Cancer Center over his reported failure to disclose millions of dollars in payments from pharmaceutical companies. Dr. Jose Baselga resigned Thursday after The New York Times and ProPublica reported that...
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FILE- In this Aug. 21, 2018, file photo screens above trading posts on the floor of the New York Stock Exchange show the NSE logo. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 4, 2018. (AP Photo/Richard Drew, File)
September 04, 2018 - 4:13 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing lower as technology and health care companies take losses. Facebook lost 2.6 percent Tuesday and drugmaker Amgen lost 1.8 percent. JD.com fell 6 percent after the CEO of the Chinese...
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August 30, 2018 - 10:27 pm
SACRAMENTO, Calif. (AP) — A federal judge has dismissed a lawsuit seeking to block a California law requiring pharmaceutical companies to give advance notice before big price increases. U.S. District Judge Morrison England Jr., ruled Thursday in Sacramento that the Pharmaceutical Research and...
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FILE - In this Sept. 21, 2010 file photo, Maine Republican gubernatorial candidate Paul LePage speaks in Waterville, Maine. Maine Gov. Paul LePage is in stable condition and under observation at a Bangor hospital after experiencing discomfort. Peter Steele, a spokesman for the Republican governor, says the 69-year-old LePage experienced discomfort on Saturday, Aug, 25, 2018 while visiting family in New Brunswick, Canada. He says LePage was taken by ambulance to Presque Isle in northern Maine, and then transported to Eastern Maine Medical Center in Bangor(AP Photo/Pat Wellenbach, File)
August 26, 2018 - 4:09 pm
PORTLAND, Maine (AP) — Maine Gov. Paul LePage was in stable condition and under observation at a Bangor hospital on Sunday after experiencing discomfort while visiting family in Canada. The 69-year-old LePage experienced discomfort on Saturday while visiting family in New Brunswick, Peter Steele, a...
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August 16, 2018 - 9:41 am
BERLIN (AP) — German pharmaceutical company Bayer AG says it can now start integrating U.S. seed and weed-killer maker Monsanto Co. after completing the required sale of some of its crop science business. Bayer became Monsanto's sole owner in June but had to hold off on integrating Monsanto while...
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This undated photo provided by the National Cancer Institute shows Dr. Steven A. Rosenberg, M.D., Ph.D., winner of the 2018 Albany Medical Center's Prize in Medicine and Biomedical Research. (Center for Cancer Research, National Cancer Institute via AP)
August 15, 2018 - 8:37 am
ALBANY, N.Y. (AP) — Tumors once considered untreatable have disappeared and people previously given months to live are surviving for decades thanks to new therapies emerging from the work of three scientists chosen to receive a $500,000 medical prize. The recipients of the annual Albany Medical...
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In this May 7, 2018, photo, Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview in Omaha, Neb., with Liz Claman on Fox Business Network's "Countdown to the Closing Bell." Buffett's company added to its stakes in Apple and Israeli drugmaker Teva Pharmaceuticals in the second quarter while tweaking several of its other stock investments. Berkshire Hathaway Inc. filed an update on its U.S. stock portfolio with the Securities and Exchange Commission on Tuesday, Aug. 14. (AP Photo/Nati Harnik)
August 14, 2018 - 7:06 pm
OMAHA, Neb. (AP) — Investor Warren Buffett's company added to its stakes in Apple and Israeli drugmaker Teva Pharmaceuticals in the second quarter while tweaking several of its other stock investments. Berkshire Hathaway Inc. filed an update on its U.S. stock portfolio with the Securities and...
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