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After $3B federal settlement, GSK pressured to settle Avandia patient suits

After $3B federal settlement, GSK pressured to settle Avandia patient suits

November 9, 2011 12:50 pm by | 1 Comments

A week after GlaxoSmithKline (NYSE:GSK) reached a $3 billion federal settlement over claims it illegally marketed Avandia and other drugs, the drugmaker now faces pressure to resolve the thousands of ... Read more

GSK’s stock rise is good for investors but may not be good for patients

GSK’s stock rise is good for investors but may not be good for patients

February 3, 2011 4:40 pm by | 0 Comments

GlaxoSmithKline took a loss in the fourth quarter of 2010 but the company's stock still managed to climb in trading Thursday. The company announced a stock buyback program that pleases ... Read more


GSK Avandia settlement: round one in a long legal fight

GSK Avandia settlement: round one in a long legal fight

January 31, 2011 12:38 pm by | 1 Comments

GlaxoSmithKline has settled its first case involving former diabetes blockbuster Avandia, but it will most certainly not be the last word on the matter. ... Read more

Latest GSK Avandia pain: A $3.4 billion charge for legal costs

Latest GSK Avandia pain: A $3.4 billion charge for legal costs

January 17, 2011 2:04 pm by | 0 Comments

GlaxoSmithKline's Avandia problems are resulting in the company setting aside $3.4 billion to pay for legal costs related to its former diabetes drug, which has been linked to greater cardiovascular ... Read more

Daschle: Congress, governors threaten reform (Morning Read)

Daschle: Congress, governors threaten reform (Morning Read)

October 22, 2010 8:47 am by | 0 Comments

Defunding by Congress and implementation by governors are the two major threats facing healthcare reform, Tom Daschle, former U.S. Senate majority leader who almost became Department of Health and Human ... Read more

Reform could end McDonald’s health plan? (Morning Read)

Reform could end McDonald’s health plan? (Morning Read)

September 30, 2010 8:53 am by | 0 Comments

McDonald's Corp. has warned federal regulators that it could drop its health insurance plan for nearly 30,000 hourly restaurant workers unless regulators waive a new requirement of the U.S. ... Read more

Nissen calls FDA’s Avandia decision ‘reasonable’ (Morning Read)

Nissen calls FDA’s Avandia decision ‘reasonable’ (Morning Read)

September 24, 2010 8:56 am by | 0 Comments

What does Cleveland Clinic cardiologist (and Avandia whistleblower) Steven Nissen have to say about Thursday's Food and Drug Administration decision to allow diabetes drug Avandia to stay on the market ... Read more


What will Novartis’ multiple sclerosis pill cost? (Morning Read)

What will Novartis’ multiple sclerosis pill cost? (Morning Read)

September 23, 2010 8:43 am by | 0 Comments

Swiss drugmaker Novartis just got Food and Drug Administration approval to sell the first pill that can slow the progression of multiple sclerosis. Gilenya will go head-to-head with injectable medicines, ... Read more

Avandia: the beginning of the end?

Avandia: the beginning of the end?

September 6, 2010 1:37 pm by | 0 Comments

The British Medical Journal today raised more questions about whether diabetes drug Avandia should ever have been approved for patients in the United States and Europe, and whether the ... Read more

Researchers made embryonic stem cell claims (Morning Read)

Researchers made embryonic stem cell claims (Morning Read)

August 25, 2010 9:17 am by | 0 Comments

The two researchers whose claims of injury led a federal judge to ban research using human embryonic stem cells late Monday have a history of disputes with colleagues as well ... Read more

Massachusetts nurses strike on tap? (Morning Read)

Massachusetts nurses strike on tap? (Morning Read)

July 22, 2010 7:19 am by | 0 Comments

Highlights of the important and the interesting from the world of healthcare:Massachusetts nurses strike on tap? After a near-miss of a lengthy nurses strike in Minnesota, some nurses in Massachusetts ... Read more

Nurses use lax regulations to stay ahead of law (Morning Read)

Nurses use lax regulations to stay ahead of law (Morning Read)

July 16, 2010 9:14 am by | 0 Comments

Highlights of the important and the interesting from the world of healthcare:Troubled nurses skip from state to state. Nurse Craig Peske was fired from a hospital in Wausau, Wisconsin, in ... Read more

Is venture capital just a three-state game? (Morning Read)

Is venture capital just a three-state game? (Morning Read)

July 15, 2010 8:03 am by | 0 Comments

Highlights of the important and the interesting from the world of healthcare:Is venture capital just a three-state game? It was in the second quarter, according to data from the always-insightful ... Read more

Diabetes drug fiasco at FDA could spell more bad news for medical devices

Diabetes drug fiasco at FDA could spell more bad news for medical devices

July 13, 2010 12:10 pm by | 0 Comments

Could Avandia be the drug industry’s ReGen?The New York Times reported Tuesday that for over a decade, GlaxoSmithKline hid the results of its own study that showed its diabetes drug ... Read more

iPhone video chat a ‘game-changing tool’ for doctors (Morning Read)

iPhone video chat a ‘game-changing tool’ for doctors (Morning Read)

July 12, 2010 8:31 am by | 0 Comments

Highlights of the important and the interesting from the world of healthcare:iPhone videochat a “game-changing tool” for doctors: Two doctors participated in what may be the first documented medical consultation ... Read more