Health Care

Correction: Alternative Remedies-Oversight story

U.S. health officials plan to crack down on a growing number of unproven alternative remedies, focusing on those containing dangerous ingredients that have occasionally been linked to serious injury and death.

Alzheimer's will cost the US $1 trillion: Merck CEO

Alzheimer’s is going to cripple the U.S., if a disease modifying agent isn’t soon discovered, Merck’s (NYSE:MRK) CEO Ken Frazier told FOX Business’ Maria Bartiromo on ‘Mornings with Maria.”

Novo Nordisk's $3.1B Ablynx bid rejected by Belgian biotech

Denmark's Novo Nordisk, the world's biggest maker of insulin, went public with a 2.6 billion euro ($3.1 billion) bid for Belgian biotech group Ablynx on Monday as it seeks to bolster its treatments for rare blood disorders.

Celgene to buy Impact Biomedicines for up to $7B

U.S. biotech pharmaceutical firm Celgene Corp said on Sunday that it had agreed to acquire Impact Biomedicines for as much as $7 billion, subject to certain milestones associated with regulatory hurdles and sales performance.