As Republican and Democratic lawmakers clash over the future of Obamacare, Americans largely are eager for a bipartisan solution to its shortcomings, according to a Reuters/Ipsos opinion poll.
Shares of Neos Therapeutics soared more than 38 percent after PDL BioPharma announced its intention to acquire the company in an all-cash deal that could total about $287 million.
The prevalence of U.S. adults with high cholesterol declined significantly between 1999-2000 and 2015-2016, achieving a long-term public health goal, according to data released by the Centers for Disease Control and Prevention’s National Center for Health Statistics.
The membership of the Medical Advertising Hall of Fame elected Robert Leverte as its 2018 inductee. Leverte’s career included founding ERS – an in-house ad agency at ER Squibb – co-founding Ruvane-Leverte advertising, Chairman at Bozell Jacobs Medical Group and CEO of the Leverte Companies.
Ghent, Belgium-based Ablynx NV announced the price of its U.S. initial public offering (IPO) at $17.50.
Icyte Corporation struck a deal worth up to $900 million with Maryland-based MacroGenics Inc. for that company’s investigational PD-1 inhibitor.
The committee responsible for U.S. vaccination schedules gave a preferential recommendation to GlaxoSmithKline’s newly approved shingles vaccine Shingrix over Merck’s established product Zostavax.
Britain’s biggest drugmaker GlaxoSmithKline is moving ahead with Brexit contingency planning “right now,” including preparing a system to test drugs in the European Union if Britain crashes out of the bloc without a trade deal.
Republican lawmakers will not take up a bipartisan plan to stabilize Obamacare insurance markets or try again to repeal and replace the law during 2017 House of Representatives Speaker Paul Ryan said, signaling his party was shelving the matter until the 2018 U.S. congressional election year.
U.S. hospital products maker Baxter International Inc. forecast a nearly $70 million hit to its fourth-quarter 2017 revenue, due to manufacturing disruptions arising from Hurricane Maria.