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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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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

Cheap blood drug could prevent thousands of maternal deaths in developing world

LONDON A cheap and widely available drug could save the lives of one in three of the 100,000 new mothers who bleed to death after childbirth every year, mostly in poorer countries, according to the first study of its use in postpartum haemorrhage.

Apr 26 2017

UK plain cigarette pack law seen cutting number of smokers by 300,000

LONDON The introduction of plain packaging for tobacco cigarettes sold in Britain from next month could cut the number of smokers in the country by another 300,000 within a year, researchers said on Thursday.

Apr 26 2017

Drugs firms call for phased transition of regulation after Brexit

LONDON Pharmaceutical companies called on Thursday for a phased transition in drug regulation after Britain leaves the European Union, in order to avoid supply disruption and protect public health.

Apr 26 2017

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