Health Care

Fitbit Profit Underperforms

Wearable device maker Fitbit Inc reported a 10.5 percent fall in quarterly profit as the company continues to invest heavily amid rising competition.

Aetna Will Not Expand Obamacare Business in 2017

Aetna Inc said on Tuesday that it no longer planned to expand its Obamacare business next year and would sell some Medicare Advantage assets as it fights to gain antitrust regulators' approval for its takeover of Humana Inc .

Aetna Will Not Expand Obamacare Business in 2017

Aetna Inc said on Tuesday that it no longer planned to expand its Obamacare business next year and would sell some Medicare Advantage assets as it fights to gain antitrust regulators' approval for its takeover of Humana Inc .

Report: Biogen Targeted as Takeover Target

Biotechnology giant Biogen Inc has drawn takeover interest from drug companies including Merck & Co Inc and Allergan Plc, the Wall Street Journal reported, citing people familiar with the matter.

Aetna Scraps Obamacare Business Expansion Plans

Aetna said it intended to withdraw plans to expand its Obamacare business next year, and the U.S. health insurer announced the sale of some Medicare Advantage assets to get antitrust nod for its takeover of Humana.

Pfizer's 2Q Profit Tops Expectations

Pfizer reported better-than-expected quarterly revenue and profit, driven by sales of newer drugs and the acquisition of hospital products company Hospira.

Theranos CEO: We're Working to Address Problems

The chief executive of the embattled blood testing company said the privately held firm is working diligently to rectify all of its outstanding issues involving its product and laboratory operations.