Health Care

Greek Crisis Has Pharmacists Pleading for Aspirin

Naomi Kresge Bloomberg.com 11.01.2012
Greek Crisis Has Pharmacists Pleading for Aspirin

For patients and pharmacists in financially stricken Greece, even finding aspirin has turned into a headache.

Massive global health fund says it's broke

The world's biggest financier in the fight against three killer diseases says it has run out of money to pay for new grant programs for the next two years — a situation likely to hit poor AIDS patients around the world.


Texas Hospital Accused Of Trying To Send Paralyzed Illegal Back To Mexico

A Texas medical facility is being accused of pressuring a paralyzed illegal immigrant to return to Mexico.

Greek Health System Opts for Amputation as Money-Saver

This Saturday, one of Greece’s most respected newspapers, To Vima, reported that the nation’s largest government health insurance provider would no longer pay for special footwear for diabetes patients. Amputation is cheaper, says the Benefits Di...


IBM plans $100 mln China-focussed healthcare initiative

Donny Kwok, Chris Lewis Reuters 15.07.2010
IBM plans $100 mln China-focussed healthcare initiative

International Business Machines Corp (IBM.N) said on Thursday it will invest $100 million over the next three years in a research initiative with a special focus in China as Beijing embarks on a multibillion-dollar plan to upgrade its healthcare s...

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While many debate solutions for health care, a Seattle company has developed one which they confidently propose will fix health care. With input from doctors and consumers, Clarion Care set to finding a technical solution to challenge the health c...


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Washington residents have saved over $2.6 million on prescription medications since the launch of the free statewide prescription assistance program. Washington Drug Card, which offers free discount drug cards to residents, was launched in August,...

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The economic downturn is impacting the health of many people - not only by exacerbating conditions like hypertension, stress and fatigue, but also by causing people to put off getting the health care they need. Physicians at The Polyclinic in Seat...


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Bangkok Hospital Medical Center (BHMC) has begun adding rooms and upgrading medical facilities to prepare for an expected increase in the number of foreigners travelling to Thailand in search of affordable medical treatment.

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Bangkok Hospital expects to see a larger share of patients on a global scale, as the unique features of Thailand's health care system make it increasingly attractive to medical tourists.


UnitedHealth Settles Cheating Claims for $400 Million

Avram Goldstein and Karen Freifeld Bloomberg.com 16.01.2009
UnitedHealth Settles Cheating Claims for $400 Million

UnitedHealth Group Inc., the biggest U.S. health insurer, said it will spend $400 million to settle allegations it has manipulated payments to doctors and patients for the last 15 years.

Orchid Chem, US Merck in drug discovery pact

MUMBAI (Reuters) - Orchid Chemicals & Pharmaceuticals Ltd and U.S.-based Merck & Co Inc will work together to develop new drugs to treat bacterial and fungal infections, the Indian firm said on Monday.


Medical isotope supplies at risk, expert says

Tobin Dalrymple Ottawa Citizen 28.08.2008
Medical isotope supplies at risk, expert says

The global supply of medical isotopes is once again threatened, this time because of the shutdown of a Dutch nuclear reactor this week, a top nuclear medicine expert said yesterday.

Siemens to make nuclear medicines at Indian plants

Writankar Mukherjee The Economic Times 28.07.2008
Siemens to make nuclear medicines at Indian plants

KOLKATA: Germany’s Siemens AG is finalising plans to manufacture radiopharmaceuticals (nuclear medicines) in India. The company has set up its first plant in Chennai and plans to roll out another 4-5 production facilities in the next two years. Th...


Teva to buy Barr for $7.46 bln, boost generic lead

Lewis Krauskopf Reuters UK 19.07.2008
Teva to buy Barr for $7.46 bln, boost generic lead

NEW YORK (Reuters) - Teva Pharmaceutical Industries, the world's largest generic drug company, said on Friday it would buy rival Barr Pharmaceuticals Inc for $7.46 billion to expand its leadership in the U.S. market and fortify its presence in Eur...

Clinton taps Indian pharma companies

Business Standard 18.07.2008
Clinton taps Indian pharma companies

Former US President Bill Clinton has roped in four Indian pharmaceutical firms and two from China to cut the price of anti-malarial drugs by a whopping 30 per cent which is likely to benefit 500 million people worldwide.


Drug firm faces 'deception' claim

US prosecutors have alleged that the Indian drug firm Ranbaxy deliberately lied about the quality of its low-cost drugs, including those for HIV. The US Department of Justice wants India's biggest pharmaceuticals company to hand over key documents...

S.Korea to limit U.S. beef imports to young cattle

SEOUL, June 19 (Reuters) - South Korea's embattled president said on Thursday the country would not allow the entry of U.S. beef without a guarantee from the U.S. government that exports would be restricted to products from younger cattle.


Daiichi to pay up to $4.6 billion for control of Ranbaxy

Edwina Gibbs and Devidutta Tripathy Reuters 11.06.2008
Daiichi to pay up to $4.6 billion for control of Ranbaxy

TOKYO/NEW DELHI (Reuters) - Japanese drug maker Daiichi Sankyo Co Ltd moved to take majority control of India's biggest drug maker Ranbaxy Laboratories Ltd in a friendly deal worth up to $4.6 billion.

Natco pharma in tie up with Mylan

Business Standard 11.06.2008
Natco pharma in tie up with Mylan

Hyderabad-based Natco Pharma Limited announced a collaboration with Pittsburgh-based Mylan Inc for worldwide marketing and distribution of glatiramer acetate (sold as Copaxone R, a registered trademark owned by Teva Pharmaceutical Industries Limit...