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Medtronic Recalls Medical Devices Coated with Blood-thinner Heparin

Medtronic Inc., a medical device maker, reported late Wednesday it was recalling certain devices coated with contaminated blood-thinner, Heparin.

Baxter didn't cooperate in Heparin Investigation, Chinese Officials say

Chinese Food and Drug regulators said pharmaceutical Baxter International Inc. did not fully co-operate in an investigation to address the case of the blood thinner heparin to which 81 deaths are linked due to the presence of a chemical contaminant.

Cardinal Recalls Mouthwash Contaminated with Bacteria

Cardinal Health Inc. reported on Monday the recall of 60,000 bottles of mouthwash contaminated with Burkholderia cepacia bacteria.

Wal-Mart Now Offers 3 Months of Medicines for $10

Wal-Mart Stores Inc, the world's largest retailer, is expanding its discounted generic drug program, announcing today that now offers a 90-day supply of medicines for $10.

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Shiny Lip Balms and Glosses Increase Risk of Skin Cancer

Women beware: your shiny lip gloss and lip balm may boost your risk of getting skin cancer.

LASIK Patients address Complaints to FDA

Patients that went through Lasik surgery informed the U.S. regulators at a meeting of their current side effects such as blurred vision, dry eyes, glare and double-vision, and even suffering of depression leading to suicides.

GlaxoSmithKline PLC 1Q Profit Fall on Generics Competition

GlaxoSmithKline PLC reported its first-quarter profit fell 13.7 percent from a year ago as sales of the group's main drug for diabetes Avandia fell.

Pfizer and Avant Join for Brain Cancer Vaccine

Pfizer Inc. will pay Avant Immunotherapeutics's Celldex Therapeutics Inc. unit to acquire the exclusive global license of a brain cancer vaccine treatment which is currently in Phase 2 development, the companies announced late Wednesday.

Eli Lilly & Co May Slash 500 Jobs

Eli Lilly & Co. said on Wednesday it may cut 500 jobs as the company makes more efficient manufacturing operations in Indianapolis, its home city.

Abbot Laboratories Profit Surged 34Pct in 1Q

Abbot Laboratories Inc. reported on Wednesday its earnings in the first quarter of 2008 rose 34 percent off strong sales of its medical products abroad.

Merck Hid Vioxx Research Results, Deployed Ghostwritters

Merck & Co. was found conducting its own studies of the drug Vioxx, using names of scientific authors and writing academic articles, according to two documents from the Journal of the American Medical Association.

Breast Cancer Vaccine Reduced Death Risk Significantly

An experimental vaccine to spur the immune system to fight breast cancer seemed to reduce the risk of death in a significant number of women, according to a clinical trial monitored by the U.S. military.

CV Therapeutics and Astellas' Heart Disease Detector Approved by FDA

CV Therapeutics Inc. and Astellas Pharma Inc. said on Friday that the Food and Drug Administration in the U.S. approved their new drug regadenoson or Lexiscan.

Genentech 1Q Profit Up 12Pct

The second largest biotechnology company Genentech Inc. reported an increase of 12 percent in its first-quarter profits helped by more sells of its cancer drug Avastin.

Microsoft Takes Health Care Software to Europe

Microsoft entered the European health care market starting with offering Amalga health care software.

U.S. FDA Attributes More Deaths to Blood Thinner Heparin

The U.S. Food and Drug Administration reported newly yesterday that 62 people have died due to allergic reactions and low blood pressure caused by the blood thinner heparin.

Bristol-Myers and Repligen Corp. Settle Lawsuit with $5 Million

Bristol-Myers Squibb Co. agreed today to pay $5 million plus royalties to Repligen Corp. to settle a patent infringement lawsuit for a rheumatoid arthritis treatment.

Novartis Developing Drug Shows Potential to Heal Inflammatory Diseases

Swiss pharmaceutics company Novartis said on Tuesday that its new biological drug in development shows potential in treating serious life-long auto-inflammatory diseases.

Antigenics Cancer Vaccine Approved in Russia

The Biotechnology Company Antigenics Inc, said on Tuesday that its treatment for kidney cancer was approved in Russia, making it the first cancer vaccine in the world to be in use.

Pregnant Man Cued for Oprah Interview

A controversial man who is pregnant was interviewed for the first time on the Oprah's Winfrey Show, according to the talk-show host's website.

Smith's Son died for Accidental Drugs Overdose, Jury says.

Anna Nicole Smith's son, Daniel Smith, died from an accidental drug overdose according to a Bahamas jury.

Alzheimer's hits 5 million elderly people, reports show

An estimated 5.2 million Americans have Alzheimer's disease, and the disease could hit one in every eight baby boomers, according to a report released on Tuesday by the Alzheimer's Association.

Actor Patrick Swayze Battles Cancer

Dirty Dancing star Patrick Swayze has been diagnosed with pancreatic cancer and is undergoing treatment, but contrary to published reports, his publicist and doctor said Wednesday he is not expected to die from the disease within weeks.

Study: Cancer Risk Persists in Women Who Quit Hormone Therapy

Menopausal women who took estrogen and progesterone faced a small increased risk for cancer for more than two years after they stopped taking the pills, researchers said on Tuesday.

Study: TV and Computer Restriction Make Children Thinner

Restricting the amount of time young children spend watching TV and playing computer games can help them shed calories from their diets and lower their risk of becoming obese, U.S. researchers said on Monday.