Topic: Health and Human Services Sector

Carl Icahn's largest positions

Includes BIIB, GENZLegendary activist investor, Carl Icahn, has made some big bets in the biotechnology sector. Two of his largest holdings are Genzyme (NASDAQ: GENZ) and Biogen Idec (NASDAQ: BIIB). Icahn's position in GENZ is worth around $235 million. His investment in Biogen is valued at over $688 million ...
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Vanguard Health plans to buy Mich. hospital system

Privately held Vanguard Health plans to buy nonprofit, 8-hospital Detroit Medical CenterDetroit Medical Center officials said Friday that plans for the nonprofit hospital system to be purchased by the privately held Vanguard Health Systems Inc. will allow it to maintain its commitment to charitable care and boost investment in its ...
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FDA warns of greater muscle risk from Zocor

The Food and Drug Administration said Friday the highest available dose of Zocor, a component in cholesterol drugs, can cause muscle damage as well as severe and potentially lethal kidney damage. The agency said statin drugs like Zocor are known to cause muscle damage in some patients, but the risk ...
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Will a fresh look at pain overcome drug barriers?

LONDON (Reuters) - Barriers to understanding pain are starting to fall and scientists and drug firms say a fresh approach is producing potential new drugs to hit where it hurts. Millions of people across the world suffer chronic pain -- such as nerve, joint or muscle pain that lasts weeks, months or ...
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