Health Care

Is Theranos $9 Billion Worth of Hype?

A front-page WSJ expose casts serious doubt on the efficacy and accuracy of Theranos’ purportedly disruptive blood testing technology.

Retirees Get Relief from Medicare Sticker Shock

The recently-enacted 2016 budget act took away some popular Social Security claiming strategies but it gave seniors a reprieve from as much as a 50% increase in their Medicare Part B premiums next year.

FDA Urged to Fine Drugmakers Over Ads

Public Citizen sent a letter to the drug promotion overseer at the Food and Drug Administration urging it to pull ads for five Type 2 diabetes drugs because it claims the ads promote benefits that have not been approved by the agency.

Health Insurer Anthem to Buy Cigna in $54.2B Deal

Anthem said it will buy rival Cigna in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The deal comes amid consolidation in the health-care industry following the rollout of Obamacare.

Walgreens in Talks to Buy Rite-Aid

Walgreens Boots Alliance Inc. is in advanced talks to buy Rite Aid Corp. in a deal that would unite the nation's second- and third-largest drugstore chains.

Imprimis Offers $1 Alternative to Turing's $750 Pill

A specialty drugmaker said it would sell for less than $1 a version of Daraprim, an anti-infective drug at the heart of allegations of "price gouging" involving Turing Pharmaceuticals after it hiked the price by over 5,000 percent to $750 a pill.