Health News

Pfizer leaves investors guessing on intentions for Astra

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- Pfizer Inc, which in May abandoned its $118 billion bid to buy AstraZeneca Plc, on Tuesday left investors guessing whether it would renew its pursuit of its British rival, but said it was considering other deals. | Video

Nigeria isolates hospital in Lagos as Obama briefed on Ebola outbreak

LAGOS - The Nigerian city of Lagos shut and quarantined a hospital on Monday where a Liberian man died of the Ebola virus, the first recorded case of the highly-infectious disease in Africa's most populous country. | Video

Africa 8:59am EDT

Merck quarterly profit beats estimates; shares gain

- Merck & Co Inc reported better-than-expected quarterly results on Tuesday, helped by strong sales of consumer products and medicines for arthritis and HIV, sending its shares up more than 1 percent in morning trading.

10:37am EDT

Hungary launches probe against Sanofi-Aventis

BUDAPEST - Hungary's competition watchdog GVH has raided the Hungarian headquarters of French drug maker Sanofi-Aventis as the first step of a proceedings against the firm for a suspected abuse of its dominant market position, GVH said on Tuesday.

11:23am EDT

Legalizing pot has not spurred use among U.S. teens: study

WASHINGTON - A rise in marijuana use among U.S. teens over the past 20 years has no significant tie to the legalization of marijuana for medical use in many states, according to a new research paper.

10:06am EDT

Aetna says Coventry purchase boosted second-quarter profit

- Aetna Inc , the third-largest U.S. health insurer, on Tuesday reported a higher second-quarter profit that beat analyst expectations, helped by last year's acquisition of Medicare and Medicaid provider Coventry Health Care.

9:02am EDT

U.S. GMO crop companies double down on anti-labeling efforts

- One year after the launch of a social media effort to allay consumers' concerns about the safety of foods made from genetically modified crops, U.S. companies that develop GMOs have further committed to a multimillion-dollar campaign to defeat attempts to add GMO labels to such foods.

Environment 10:57am EDT

'Smart pill' firm Proteus raises $172 million

- A U.S. biotech company pioneering tablets containing embedded microchips that can tell if patients have taken their medication has raised a further $172 million, showing investor interest in its ingestible and wearable technology.

10:49am EDT

'Interreality' may enhance stress therapies

NEW YORK (Reuters Health) - Using virtual reality to add “real world” challenges to psychotherapy sessions may enhance the treatment’s effect for people learning to cope with workplace stress, according to a small study from Italy.

10:47am EDT

FDA raises concerns about Impax's Taiwanese plant

- Impax Laboratories Inc said the U.S. Food and Drug Administration issued certain observations regarding violations in the company's manufacturing plant in Taiwan.

9:28am EDT