Health News

Ebola could drain billions of dollars from African economies: World Bank

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WASHINGTON - The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.

First UK volunteer gets experimental GSK Ebola shot in trial

LONDON - The first volunteer in a fast-tracked British safety trial of an experimental Ebola vaccine made by GlaxoSmithKline received the injection on Wednesday, trial organizers said.

8:23am EDT

Merck licenses experimental psoriasis drug to India's Sun Pharma

- Merck & Co Inc said it had licensed its experimental psoriasis drug to Indian generic maker Sun Pharmaceutical Industries Ltd for $80 million.

10:24am EDT

For Roche CEO, celebrating failure is key to success

LONDON - Roche Chief Executive Severin Schwan likes to crack open the champagne with his drug research teams at the end of a big project - especially when they fail.

8:12am EDT

Study shows downward trend in Sovaldi utilization

- Over the last several months there has been a 'plateau and downward trend' in the use of Gilead Sciences Inc's controversial $1,000-a-pill hepatitis C treatment, Sovaldi, a CVS Health Corp analysis showed.

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Gilead's experimental drug fails mid-stage study

- Gilead Sciences Inc said its experimental drug did not significantly improve how long patients with a type of pancreatic cancer lived without the disease worsening.

6:51am EDT

Auxilium Pharma backs QLT deal, adopts poison pill after Endo's bid

- Auxilium Pharmaceuticals Inc said it would not withdraw its offer to buy Canadian eye drug maker QLT Inc and adopted a poison pill, a day after receiving an unsolicited buyout offer from Endo International Plc.

Deals, 8:19am EDT

Food companies' U.S. calorie-cutting pledge could stall: researchers

NEW YORK - A campaign by 16 of the world's largest food and beverage companies to dramatically cut the number of calories sold in the United States may have stalled after initial success, researchers reported on Wednesday.

12:11am EDT

Citing security threat, Obama expands U.S. role fighting Ebola

ATLANTA/MONROVIA - President Barack Obama on Tuesday called West Africa's deadly Ebola outbreak a looming threat to global security and announced a major expansion of the U.S. role in trying to halt its spread, including deployment of 3,000 troops to the region. | Video

World, United Nations, Africa, 16 Sep 2014

India's Ranbaxy says U.S. authorities seek information on pricing data

MUMBAI - Indian generic drugmaker Ranbaxy Laboratories Ltd said on Wednesday that federal authorities in the United States had sought details on how it reports pricing data for some products eligible for reimbursement under the Medicaid program.