Merck (NYSE:MRK) has forged a deal with a biopharmaceutical company for its phase 3 platinum-resistant ovarian cancer treatment and nonsmall cell lung cancer in mid-stage development in a deal valued at up to $1 billion. Under the terms of the deal, Merck, through a subsidiary, will get worldwide rights to develop and commercialize vintafolide for […]
Migraine headache treatment Treximet, developed by pharmaceutical company Pozen (NASDAQ:POZN), has won a patent victory against generics companies looking to introduce their versions of the drug. A federal judge in Texas has ruled that two Treximet patents are valid and enforceable, and were infringed by Par Pharmaceutical (NYSE:PRX), Alphapharm and Dr. Reddy’s Laboratories (NYSE:RDY). A […]
Employees who enjoy their benefits are more inclined to stay with their company. A 2025 Marsh McLennan Agency report said 73% of employees would remain if plan options were better.
GlaxoSmithKline‘s (NYSE:GSK) HIV treatment combivir will soon face its first competition from a generic drug. Teva Pharmaceutical Industries (NASDAQ:TEVA) has received U.S. Food and Drug Administration approval on its application to market a generic version of combivir. Combivir is a combination drug that pairs azidothymidine, also known as AZT, with another antiviral, lamivudine. The combination […]
Among today's current medical news: a former Nasdaq executive pleads guilty to insider trading that included pharma stocks; Johns Hopkins to use $10 million gift for patient safety center; Pfizer enters into strategic partnerships with CROs; and a study points to allergies as another way men and women are different.
MedCath (NASDAQ:MDTH) has sold another piece of its fragmenting hospital network — and its last remaining piece in North Carolina. New Hanover Regional Medical Center in Wilmington, North Carolina, has purchased MedCath’s ownership stake and management agreement in Coastal Carolina Heart for $5 million. Coastal Carolina Heart provides catheterization laboratory management services to the Wilmington […]