Last week, Dr. Naresh Trehan, the top cardiologist at one of India’s largest corporate hospital groups, playing the role of a modern-day Moses, quit the research center he had led for the last 20 years, triggering an exodus of sorts, with about 50 doctors set to follow him to a rival hospital.
IBT Staff Reporter
Jun 04, 2007
Advanced Medical Optics Inc. (NYSE: EYE) said it is considering an offer for Bausch & Lomb Inc. (NYSE: BOL), setting up what could become bidding war with the private equity firm Warburg Pincus LLC.
IBT Staff Reporter
May 25, 2007
The Ministry of Economy, Trade and Industry in Japan is now requiring home appliance manufacturers to report serious accidents caused by their products, according to a report by Asashi Shimbun on Monday.
IBT Staff Reporter
May 15, 2007
Johnson & Johnson wholly owned firm Conor Medsystems LLCsaid, said on Monday that it will end clinical trials of its CoStar drug coated stent after it failed to meet its primary goal.
IBT Staff Reporter
May 07, 2007
Shares of biotechnology firm Amgen, Inc. (Nasdaq: AMGN) shot up 4 percent Thursday, after results of a study for its Aranesp anemia drug for patients with small-cell lung cancer yielded no difference in survival rates than for patients who did not use the drug.
IBT Staff Reporter
Apr 19, 2007
The Supreme Court upheld the nationwide ban on a controversial abortion procedure Wednesday, handing abortion opponents the long-awaited victory they expected from a more conservative bench.
IBT Staff Reporter
Apr 18, 2007
Biotechnology firm Cell Genesys Inc. (Nasdaq: CEGE) shares rose sharply Tuesday, after the company said its prostate cancer drug therapy showed better-than-expected results in a clinical trial.
IBT Staff Reporter
Apr 03, 2007
Shares of drug maker Cephalon (NASDAQ: Cephalon) jumped in Monday trading as a Wall Street Brokerage Firm raised the rating of the stock on Monday despite a delay in approval for a new drug.
IBT Staff Reporter
Apr 02, 2007
Shares of biotechnology firm Novavax (Nasdaq: NVAX) leaped in morning trading following an announcement that its vaccine against avian flu seems effective in small animals.
IBT Staff Reporter
Apr 02, 2007
Shares of Nuvelo, Inc. (Nasdaq: NUVO) skyrocketed on Tuesday following news that drug maker's cancer drug was granted 'fast-track' status by the U.S. Food and Drug Administration.
IBT Staff Reporter
Mar 27, 2007
Shares of Regeneron Paharmaceuticals, Inc. (Nasdaq: REGN) soared Tusday after initial results of a study involving treatment to prevent a leading cause of age-related acquired blindness showed significant results.
IBT Staff Reporter
Mar 27, 2007
Drug maker Alexza Pharmaceuticals, Inc. (Nasdaq:ALXA) said that two of its drugs for treating schizophrenic patients showed positive initial results in clinical trials, sending its shares skyrocketing.
IBT Staff Reporter
Mar 26, 2007
Shares of Boston Scientific (NYSE: BSX) dropped to their lowest price since 2002 on Monday, while shares of Abbott laboratories (NYSE: ABT) rose after a medical study showed that Abbot's stent device was better at treating clogged heart arteries.
IBT Staff Reporter
Mar 26, 2007
U.S. health officials have cleared a hair-combing consumer laser product to treat baldness in men, the manufacturer said Thursday.
IBT Staff Reporter
Feb 15, 2007
The first U.S. non-prescription weight loss pill was approved this week by U.S. health officials.
IBT Staff Reporter
Feb 10, 2007
With the New Year sure to bring many weight loss resolutions, fast-casual restaurant Boston Market is launching a web marketing promotion to present its food offerings as healthy and affordable solutions for reducing excess belly fat.
IBT Staff Reporter
Dec 27, 2006
More consumers are utilizing the internet for researching prescription medication information, a new study finds, with depression remaining the leading condition researched online.
IBT Staff Reporter
Dec 06, 2006
Sony Electronics introduced high-definition technology for medical surgery on Monday, rolling out equipment allowing practitioners to see details of patients at never-before resolutions.
IBT Staff Reporter
Oct 09, 2006
Wal-Mart said Thursday it will implement its $4 generic prescription program in Florida tomorrow. The rollout comes four months earlier than originally planned.
IBT Staff Reporter
Oct 05, 2006
Financiers have found a perfect way to splurge their annual bonuses cosmetic surgery to keep them looking youthful in a fiercely competitive job market.
IBT Staff Reporter
Oct 04, 2006
Sarah Kugelman once suffered so much work-related stress that her doctor told her to change her lifestyle or risk dying before the age of 40.
IBT Staff Reporter
Oct 02, 2006
GlaxoSmithKline won a partial victory on Wednesday in its bid to stop Spanish drug wholesalers from re-exporting its medicines at high premiums.
IBT Staff Reporter
Sep 27, 2006