Health Care

Generic drugmakers want antitrust lawsuit dismissed

Six generic drugmakers are asking a federal judge in Connecticut to dismiss a 40-state lawsuit accusing them of artificially inflating and manipulating prices to reduce competition for antibiotic and oral diabetes medication.

Humana's Quarterly Profit Surges

Health insurer Humana's quarterly profit more than quadrupled, helped by a net gain associated with the terminated merger agreement with Aetna.

Top ObamaCare Insurer Ousts CEO as Marketplace Burdens Weigh

Molina Healthcare (MOH) ousted two of its top executives Tuesday, CEO Mario Molina and Chief Financial Officer John Molina, citing poor financial performance at the family-run business. Some of that negative performance is directly linked to ObamaCare.

Pfizer beats 1Q profit forecasts, but sales slip

Pfizer beat Wall Street expectations for first-quarter profit thanks to reduced spending on operations and legal costs, along with strong sales of key new drugs and longtime blockbuster pain treatment Lyrica.