Investors decided that Onyx Pharma was the mystery company that Bayer is rumored to be buying and bid up the company’s share price 8.5% yesterday. The San Francisco company partnered with Bayer on Nexavar and has a stake in promising late-stage cancer drugs.
The Army is changing its approach to post traumatic stress disorder by refining the classic diagnosis and moving away from anti-anxiety and antipsychotic medications. Charles Hoge of the Walter Reed Army Institute of Research said that PTSD should no longer be summarily ruled out if a soldier meets most of the definitions but fails to exhibit classic signs of fear or helplessness, he said. The new policy also says faking PTSD is not something doctors see often.
The American Hospital Association is not impressed with the new proposed payment rule from CMS. The AHA says the CMS used outdated data and a flawed methodology to implement coding cuts included in the rule. (free subscription required)
Stephen Colbert announced two new exciting products from Prescott Pharmaceuticals last night: weight loss for women and birth control for men. Whether you’re interested in replacing your digestive system with a very long feeding tube or using scorpions to prevent procreation, Prescott has a solution for you.