Health care industry

July 18, 2018 - 3:16 am
GENEVA (AP) — Novartis says net profit rose 3 percent in the second quarter amid strong growth for some of its top products, as the Swiss pharmaceuticals giant moves to spin off its Alcon eye-care business. New CEO Vas Narasimhan touted Novartis' plans to create a "focused medicines company,"...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports earnings Tuesday, July 17, 2018. (AP Photo/Jim Mone, File)
July 17, 2018 - 12:26 pm
UnitedHealth Group easily topped profit expectations during the second-quarter and it hiked its outlook for the third time this year, but company shares were punished Tuesday for a performance that even company executives believe falls short of the full potential for the health insurer. Enrollment...
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FILE - This Oct. 10, 2008, file photo illustration shows Johnson & Johnson products, in Philadelphia. Johnson & Johnson reports earnings Tuesday, July 17, 2018. (AP Photo/Matt Rourke, File)
July 17, 2018 - 11:10 am
Fueled by a 20 percent sales jump in its prescription drugs business, Johnson & Johnson posted a 3 percent increase in second-quarter profit. Still, the world's biggest maker of health care products trimmed its forecast for 2018. J&J's prescription medicine business, which had lagged its...
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This 1975 microscope image made available by the Centers for Disease Control and Prevention shows a cluster of smallpox viruses. On Friday, July 13, 2018, U.S. regulators announced the approval of the first treatment for smallpox _ a deadly disease that was wiped out four decades ago _ in case the virus is used in a terror attack. (Fred Murphy/CDC via AP)
July 13, 2018 - 7:08 pm
U.S. regulators Friday approved the first treatment for smallpox — a deadly disease that was wiped out four decades ago — in case the virus is used in a terror attack. Smallpox, which is highly contagious, was eradicated worldwide by 1980 after a huge vaccination campaign. But people born since...
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July 13, 2018 - 1:11 pm
OKLAHOMA CITY (AP) — The federal Centers for Medicare and Medicaid Services has approved Oklahoma's Medicaid program for a first-in-the-nation drug pricing experiment that supporters say could save taxpayer dollars and provide patients with the most effective medications for their ailments. Under...
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July 13, 2018 - 12:10 pm
WASHINGTON (AP) — A report released by a group of Senate Democrats says President Donald Trump's former personal lawyer was in frequent contact with top officials of the pharmaceutical giant Novartis as part of the lawyer's $1.2 million consulting deal with the Swiss-based company. The report also...
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FILE - This Oct. 14, 2015, file photo shows the Food and Drug Administration campus in Silver Spring, Md. The Food and Drug Administration is considering easing the process for drugmakers to get approval to sell some prescription medicines over the counter, a move to offer consumers convenience and lower prices. FDA Commissioner Dr. Scott Gottlieb said Tuesday, July 17, 2018 that the agency has developed tentative guidelines for drugmakers to do so, while maintaining safety standards. (AP Photo/Andrew Harnik, File)
July 12, 2018 - 5:53 pm
The U.S. Food and Drug Administration said Thursday it wants to more aggressively fight medication shortages that have led to rationing of some drugs and disrupted patient care. The agency announced plans for a task force to find ways to improve the supply of crucial drugs. It's a new approach for...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer says it’s going to reorganize the company into three businesses. Pfizer Inc. said Wednesday, July 11, 2018, that a new hospital unit, which will be part of the innovative medicines business, will be for anti-infectives and sterile injectables. There will also be a consumer healthcare business and an off-patent branded and generic established medicines business. (AP Photo/Mark Lennihan, File)
July 11, 2018 - 8:35 am
NEW YORK (AP) — The drugmaker Pfizer, facing an aging population and shifting risks from the loss of patents, is reshaping its structure into three businesses. The divisions, announced Wednesday, include Innovative Medicines, which will focus on biological science and a new hospital medicines...
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July 10, 2018 - 8:17 pm
WASHINGTON (AP) — President Donald Trump says pharmaceutical company Pfizer is "rolling back price hikes, so American patients don't pay more." Trump is tweeting that he and Health Secretary Alex Azar discussed the issue Tuesday with Pfizer CEO Ian Read. Pfizer has issued a statement saying Read...
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FILE - In this Sept. 26, 2017, file photo, House Minority Whip Steny Hoyer, D-Md., center, speaks to immigrant rights supporters who gathered in front of the U.S. Capitol in Washington. A spokeswoman says July 4, 2018, that Hoyer is being treated at a Washington hospital for pneumonia but is expected to recover quickly.(AP Photo/Pablo Martinez Monsivais, File)
July 10, 2018 - 12:58 pm
WASHINGTON (AP) — Democratic Rep. Steny Hoyer of Maryland has been released from a Washington hospital, where he was treated for pneumonia, says his spokesman. Spokeswoman Mariel Saez said Tuesday in an email that Hoyer, the No. 2 House Democrat, was released from George Washington University...
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