Health Care

Shareholder Criticism Grows Louder at WellPoint

Criticism is intensifying about the second-largest U.S. health insurer’s poor stock performance, weak quarterly earnings and bleak outlook that includes a predicted loss of some 900,000 members, leading calls for the ouster of CEO Angela Braly.

AstraZeneca Nabs Roche Exec as New CEO

AstraZeneca hired Pascal Soriot from rival Roche to be its new chief executive, hoping his veteran experience helps revive the drugmaker.

Competition Heats Up as Diabetes Epidemic Worsens

With the prevalence of diabetes growing at a quick pace and health-care reform that could widen access to insurance for millions of people looming, a bitter battle among drug makers is intensifying. 

FDA Took 684 Days to Warn Meningitis-Linked Firm

Documents show the Food and Drug Administration took 684 days to issue a warning letter after uncovering serious issues at the pharmacy at the center of the recent U.S. meningitis outbreak.

Merck Boosts Quarterly Dividend

Merck upped its quarterly dividend by a penny to 43 cents per share Tuesday, citing optimism about the future.