Purdue Pharma to settle allegations it illegally marketed OxyContin
The company is still facing over 1,600 lawsuits.
Settlement reached in lawsuits over Xarelto blood thinner
A $775 million settlement has been announced in roughly 25,000 lawsuits involving the blood-thinning medication Xarelto.
Bayer, J&J pay $775M to settle 25,000 Xarelto lawsuits
The settlement ends over five years of litigation.
Key medical groups push for tax on soda, sugary drinks for first time
Industry experts are hoping to reduce sugar intake among children and adolescents.
Eli Lilly hawks new insulin pricing data amid mounting federal scrutiny
The pricing report comes after the company released a half-priced insulin.
Thermo Fisher to buy Brammer Bio for $1.7B
Closely held Brammer Bio, owned by private-equity firm Ampersand Capital Partners.
California grower recalls avocados over possible listeria
A Southern California company is voluntarily recalling whole avocados over possible listeria contamination.
UPS eyes in-home health services with US vaccine project
UPS is preparing to test a U.S. service that dispatches nurses to vaccinate adults in their homes.
Tyson recalls chicken strips due to metal fears
Arkansas-based Tyson Foods is recalling more than 69,000 pounds (31,297 kilograms) of frozen, ready-to-eat chicken strips because they may be contaminated with pieces of metal.
Asian stocks stumble on doubts over US-China trade deal
U.S. stocks moved broadly higher in early trading on Wall Street Thursday as technology stocks offset declines in the banking sector.
CVS starts selling CBD-infused products in 8 states
However, the drugstore chain's CEO said it's going to walk "slowly" into this new line of products.
Biogen's stock craters on Alzheimer’s drug failure
The loss highlights the difficulty the sector is facing in trying to develop a treatment for the degenerative disease.
Hospitals, insurers battle over surprise medical bills
Insurers and hospitals are opposed on how to properly address unexpectedly high medical bills.
Workers stage 1-day strike at California campuses, hospitals
Members of a union representing research and technical workers walked picket lines Wednesday at University of California campuses and hospitals in a one-day strike amid a lengthening stretch of unsuccessful contract negotiations.
San Francisco officials propose ban on e-cigarette sales
Under the legislation, any sale — in-store and online — of an e-cig that has not undergone an FDA review would be prohibited.
Bipartisan coalition asks Trump admin to withdraw drug pricing proposals
The request again highlights the difficulty the White House faces in its effort to lower treatment costs.
Congress faster path for legalizing CBD in food, says outgoing FDA chief
The federal government must craft a pathway for CBD use in food given its prior status as an illegal drug.
FDA approves drug for treating postpartum depression
The U.S. Food and Drug Administration has approved the first drug specifically developed for severe depression after childbirth.
The federal government should default on its debt
A soft default is the least bad option. And we ought to bite the bullet now before we rack up even more debt.
5 ways Bernie Sanders-style socialism would hurt the US economy
Sanders and the other socialist sympathizers running for president must be clear-eyed about the limits of the federal bureaucracy that they are all too eager to put in charge of virtually every aspect of American life.

















