Health Care

U.S. House Takes First Step Toward Obamacare Repeal

The Republican-led U.S. House of Representatives on Friday approved a measure making the first move toward scrapping Obamacare, joining the Senate in instructing key committees to write legislation repealing the health insurance law.

U.S. House Speaker Ryan Sets no Deadline on Obamacare Bill

U.S. Republicans promising to repeal and replace President Barack Obama's landmark healthcare law are under "no hard deadlines" for producing an alternate program, House of Representatives Speaker Paul Ryan said on Thursday.

Merck CEO: Alzheimer's Tsunami Coming

As society is living longer and longer, the risks of diseases such as Alzheimer’s are becoming even greater. Merck CEO Ken Frazier weighed in on the pharmaceutical company's efforts to fight Alzheimer’s.

Senate Sets the Stage for Obamacare Repeal

The Senate on Wednesday will vote well into the night on a series of measures tied to a budget that Republicans plan to use to repeal the Affordable Care Act.

AbbVie Vows to Keep Drug Price Increases Below 10%

AbbVie Inc Chief Executive Richard Gonzalez on Wednesday promised to keep all drug price increases in 2017 under 10 percent, becoming the third global drugmaker to publicly make that pledge.

US warns of unusual cybersecurity flaw in heart devices

The Homeland Security Department is warning the public about an unusual cybersecurity flaw for one manufacturer's implantable heart devices that could allow hackers to remotely take control of a person's defibrillator or pacemaker.

Valeant to Sell Assets for $2.12B to Ease Debt Load

Valeant Pharmaceuticals International is selling its Dendreon cancer treatment business and three skincare brands for $2.12 billion as the troubled Canadian drugmaker looks to reduce more than $30 billion in debt.