Category Archives: Health

FDA Approves Roche’s Cancer Drug

The United States Food and Drug Association has given a speeds approval for a drug by Roche Holding (PINK:RHHBY) and Daiichi Sankyo Co., which promises to reduce cancerous tumors and also prolong the lives of people.

Posted in Health | Tagged , | Leave a comment

Johnson and Johnson Reaches Settlement with Justice Dept

Johnson & Johnson (NYSE:JNJ), which was facing a misdemeanor criminal charge regarding the marketing of Risperdal, its antipsychotic drug, said that the company has reached into an agreement to settle the pending charges.

Posted in Health | Tagged | Leave a comment

Teva Sued by Pfizer, GSK

The world’s largest generic drug manufacturer Teva Pharmaceutical industries Ltd. (NASDAQ:TEVA) has been sued by GlaxoSmithKline Plc. (NYSE: GSK) and Pfizer Inc. (NYSE:PFE) regarding an infringement of United States patent for Epzicom, a HIV drug.

Posted in Health | Tagged , , | Leave a comment

China to Boost Medical Care in Country

China is making efforts to make medicines available at cheaper prices for the rural population of around 700 million which has had a profound impact on its biggest healthcare stocks, which have fallen by 26 around percent this year.

Posted in Health | Tagged , | Leave a comment

Turkey Recalled in the Second Largest Food Recall Ever

In one of the biggest meat recalls in the history of United States, Cargill Inc. is recalling almost 36 million pounds or 16,300 metric tons of ground turkey after it was linked to a salmonella outbreak which has resulted in … Continue reading

Posted in American Headlines, Health | Tagged | Leave a comment

Novo Nordisk Reports Profit and Raises Forecast

Novo Nordisk A/S (NYSE:NVO) has increased its profit forecast for 2011,by citing increase in sales of their diabetes drug, Victoza even as the growth in revenue for insulin slowed.

Posted in Business News, Health | Tagged | Leave a comment

USDA Announces Turkey Recall

For the past few days several customers have been reporting problems with turkey products. It seems that several cases of salmonella have been reported due to ingestion of turkey meat products.

Posted in American Headlines, Health | Tagged | Leave a comment