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South Korea fines Novartis $49 million over kickbacks, suspends insurance payment 2:59am EDT

SEOUL South Korea said on Thursday it has fined Swiss drugmaker Novartis 55.1 billion won ($48.80 million) for offering doctors kickbacks to recommend the company's drugs, and also suspended insurance coverage for some of its drugs.

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Celgene quarterly sales misses on soft demand for psoriasis drug

U.S. biotechnology company Celgene Corp reported lower-than-expected sales, hurt in part by soft demand for its psoriasis treatment even as sales of its flagship drug Revlimid beat estimates.

9:01am EDT

Merck cholesterol drug Vytorin faces competition from Impax, Teva generics

Merck & Co's cholesterol-reducing drug Vytorin faces competition for the first time ever after two companies announced progress on their generic versions of a drug that generated more than $1 billion in sales last year.

Apr 26 2017

Pregnancy complications await childhood cancer survivors

(Reuters Health) - Women who manage to conceive after surviving childhood cancer may encounter treatment-related pregnancy and labor complications if they got radiation for their malignancies, a recent study suggests.

Apr 26 2017

White House to keep paying Obamacare subsidies for now: official

WASHINGTON The Trump administration will continue to pay subsidies for low-income Americans receiving healthcare coverage under Obamacare, but no decisions have been made about future funding, a White House official said on Wednesday.

Politics, Election 2016, Apr 26 2017

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