Health Care

FDA opioid crackdown: Should pharma companies be worried?

The Food and Drug administration is stepping up efforts to curb opioid addiction in the United States, making the unprecedented decision this week to ask a pharmaceutical company to remove an advertised opioid drug from the market.

Valeant to sell its iNova unit for $930m

Embattled Canadian drugmaker Valeant Pharmaceuticals said on Thursday it would sell its iNova Pharmaceuticals business for $930 million in cash as it looks to pay down debt.

Trump: Democrats are destroying health care in U.S.

President Donald Trump addressed the state of the nation’s health care system Wednesday in Cincinnati, Ohio, saying Democrats are completely obstructing the GOP-led effort to fix the ailing ObamaCare marketplace.

Major employers, health plans launch program aimed at opioid addiction prevention

The Centers for Disease Control and Prevention reports that more than 90 Americans are dying due to opioid overdoses every day, but Express Scripts (NASDAQ:ESRX) – the nation’s largest pharmacy benefits manager – has teamed up with 600 employers and health plans to launch a program aimed at patients that are newly prescribed opioids.