Health News

AstraZeneca turnaround is 3-4 year journey, says CEO

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LONDON - Turning around drugmaker AstraZeneca will be a long haul, with a strategy of revamping research and boosting acquisitions set to take up to four years to pay off, its chief executive said on Tuesday.

EU fines Lundbeck, eight others 146 million euros for blocking cheaper drugs

BRUSSELS - EU antitrust regulators fined nine drugmakers a total of 146 million euros ($195.5 million) on Wednesday for blocking the supply of cheaper medicines on the market, with a penalty of 94 million euros imposed on Denmark's Lundbeck.

5:55am EDT

Analysis: Hospital investors sold on U.S. health reform despite bumps

CHICAGO - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama's healthcare reform.

U.S., Money 2:44am EDT

AstraZeneca, Bristol diabetes drug disappoints in key test

LONDON - AstraZeneca and Bristol-Myers Squibb's diabetes drug Onglyza failed to reduce heart risks in a large clinical study, disappointing investors who had thought it might demonstrate an edge over rivals.

3:07am EDT

Enroll America sets private outreach for Obamacare sign-up

WASHINGTON - Enroll America, a nonprofit group at the center of the political fight over President Barack Obama's healthcare reform law, launched a multi-state grassroots campaign on Tuesday to help sign up millions of uninsured Americans for health coverage in the coming months.

Politics, 18 Jun 2013

Call for overhaul of drug industry business model

LONDON - Pharmaceutical companies need to boost the benefits of drug research by working with regulators and healthcare providers to overhaul the way medicines are approved and paid for, a thinktank backed by investors says.

18 Jun 2013

WHO urges tougher food marketing rules to curb childhood obesity

LONDON - The marketing of unhealthy foods to children has proven "disastrously effective", driving obesity by using cheap social media channels to promote fat-, salt- and sugar-laden foods, the World Health Organisation's Europe office said on Tuesday.

Outbreak of deadly piglet virus spreads to 13 U.S. states

CHICAGO - A swine virus deadly to young pigs, one never before seen in North America, is spreading rapidly across the United States and proving harder to control than previously believed.

U.S. 18 Jun 2013

Industry-backed studies more prominent at meetings

NEW YORK (Reuters Health) - Studies that are funded by pharmaceutical companies or involve industry-backed scientists tend to be more prominent at cancer meetings than independent studies, a new report suggests.

18 Jun 2013

Obamacare-like groups tied to lower costs: study

NEW YORK (Reuters Health) - Large independent doctor practices that focus on primary care tend to spend less money and are more likely to meet guidelines for Americans on Medicare than smaller groups, according to a new study.

18 Jun 2013