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A Deep-dive Into Specialty Pharma

A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.

Devices & Diagnostics

FDA approves St. Jude Medical’s new family of heart devices

St. Jude Medical (NYSE:STJ) announced Tuesday that the U.S. Food and Drug Administration has approved the Assura line of implantable cardioverter defibrillators and cardiac resynchronization therapy devices. The new devices reduce the potential for inappropriate shocking because the device has advanced algorithms that can discern between a real event requiring a life-saving therapy and one […]

Devices & Diagnostics

St. Jude Medical CEO sees improvement in U.S. ICD business but analyst skeptical

St. Jude Medical (NYSE:STJ), which reported better-than-expected results for the first quarter, is expecting an improvement in its U.S. implanted cardioverter defibrillator business. “On the cardiac rhythm business, we have a lot of good, positive early indicators,” said CEO Daniel Starks, in a conference call on Wednesday. “We measure the total number of active accounts […]

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