Topic: Health and Human Services Sector
AstraZeneca gets OK for expanded Crestor use
AP Features
Federal regulators have granted AstraZeneca approval to market its cholesterol pill Crestor as a preventive measure against heart attack and stroke in patients with healthy cholesterol levels. The Food and Drug Administration decision will allow the company to promote Crestor to millions of U.S. patients who traditionally have not ...
Sanofi-Aventis completes tender offer for Chattem
AP News
Sanofi-Aventis says it completed $1.9 billion tender offer for Gold Bond maker ChattemFrench drugmaker Sanofi-Aventis said Tuesday it completed its tender offer for shares of Chattem Inc., which makes Gold Bond skin products, Icy Hot pain relief packs, and Selsun Blue dandruff shampoo. Sanofi-Aventis said 89.8 percent of ...
Officials ask Anthem to justify rate hike in Calif
AP News
Anthem Blue Cross rate hikes on Calif policies criticized by Obama admin, state regulatorOver the past 12 years, Josh Libresco's health insurance premium has increased almost eight-fold for his family of four. The 54-year-old San Rafael resident is facing a 39 percent rate hike from Anthem Blue Cross on ...
CVS Caremark profit tops view; shares up 6 percent
Reuters US Online Report Business News
CHICAGO (Reuters) - CVS Caremark Corp <CVS.N> said recent problems at its pharmacy benefits management unit have been corrected and it posted a slightly better-than-expected rise in quarterly profit as its drugstore bested its rivals, driving the company's shares up as much as 8.8 percent. CVS ...
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