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Nuvelo Rallies on Drug's â€˜Fast-Track' Status

Shares of Nuvelo, Inc. (Nasdaq: NUVO) skyrocketed on Tuesday following news that drug maker's cancer drug was granted 'fast-track' status by the U.S. Food and Drug Administration.

Regeneron Shares Rocket on Study Results

Shares of Regeneron Paharmaceuticals, Inc. (Nasdaq: REGN) soared Tusday after initial results of a study involving treatment to prevent a leading cause of age-related acquired blindness showed significant results.

Alexza Shares Skyrocket on Drug Trial Results

Drug maker Alexza Pharmaceuticals, Inc. (Nasdaq:ALXA) said that two of its drugs for treating schizophrenic patients showed positive initial results in clinical trials, sending its shares skyrocketing.

Boston Sci Shares Down, Abbot Up on Stent Report

Shares of Boston Scientific (NYSE: BSX) dropped to their lowest price since 2002 on Monday, while shares of Abbott laboratories (NYSE: ABT) rose after a medical study showed that Abbot's stent device was better at treating clogged heart arteries.

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Sony Introduces HD Surgery Equipment

Sony Electronics introduced high-definition technology for medical surgery on Monday, rolling out equipment allowing practitioners to see details of patients at never-before resolutions.

Wal-Mart Drug Rollout Four Months Early

Wal-Mart said Thursday it will implement its $4 generic prescription program in Florida tomorrow. The rollout comes four months earlier than originally planned.

Have bonus, will botox: financiers splurge

Financiers have found a perfect way to splurge their annual bonuses cosmetic surgery to keep them looking youthful in a fiercely competitive job market.

Battle Againt Stress Means Big Business

Sarah Kugelman once suffered so much work-related stress that her doctor told her to change her lifestyle or risk dying before the age of 40.

Mixed verdict for Glaxo in EU drug export case

GlaxoSmithKline won a partial victory on Wednesday in its bid to stop Spanish drug wholesalers from re-exporting its medicines at high premiums.

World Bank Bird-Flu Grant

The World Bank said on Friday it has approved a $13 million grant to reduce avian influenza threats on poultry in the West Bank and Gaza.

Merck cancer vaccine set for EU launch next month

Merck & Co Inc's Gardasil, the first vaccine to prevent cervical cancer, has been approved for sale in the European Union

Glaxo to supply cut-price AIDS drugs to Russia

GlaxoSmithKline Plc, the world's leading maker of HIV/AIDS treatments, has struck a deal to supply cut price AIDS drugs to Russia

CBay features in the US Top 100 list of revenue earners

The highly acclaimed US based Healthcare Informatics magazine has listed CBay in the 100 top companies in their annual rankings of the healthcare IT companies by revenue.

Exploitative Internet marketing fuels child obesity

Self-regulation in food and beverage marketing is being exploited and is failing to curb childhood obesity, research by a global obesity taskforce presented on Tuesday has found.

Malaria Takes Toll on African Businesses

Over 70 percent of Sub-Saharan African businesses are negatively affected by malaria, while nearly 40 percent reported a serious impact, a new study released on Thursday stated.

FDA, Barr to meet on morning-after pill status

U.S. health regulators will meet immediately with Barr Pharmaceuticals Inc. about the over-the-counter status of the Plan B contraceptive known as the morning-after pill, according to a report on cable network CNBC Monday.

Schering-Plough profit eclipses expectations

Schering-Plough Corp. on Monday reported quarterly earnings far higher than Wall Street expected, fueled by growing demand for its drugs against cholesterol, arthritis, allergies and hepatitis C.

Shop smart for long-term care insurance

Long-term care insurance isn't new anymore. Insurance companies are getting smarter about how to write their plans, and financial advisers are getting more savvy about how to choose them.

US Approves Merck's Cervical Cancer Vaccine

The first vaccine to prevent cervical cancer won U.S. approval on Thursday when health officials cleared a Merck & Co. Inc. shot to block a sexually transmitted infection that causes the deadly disease.

Bayer Not Seeking Pfizer Consumer Health Unit

German drugs and chemicals group Bayer is not currently considering a bid for Pfizer's consumer healthcare business, an industry source familiar with the matter told Reuters on Saturday.

Generics Face Fight to Crack EU Biotech Market

European generic drug firms hope to lead the world in developing cheap copies of biotech medicines, but industry experts see hurdles ahead and warn that carving out a major market will not happen overnight.

US Issues $1 Bln in Flu Vaccine Contracts

Five companies received more than $1 billion in contracts to develop new and better influenza vaccines, and to make them on U.S. territory, the U.S. Health and Human Services Department said on Thursday.

Company Approaches Universal Bird Flu Vaccine

A bird flu vaccine being developed by San Diego-based Vical Incorporated protects mice and ferrets against the feared H5N1 avian influenza virus, the company said on Tuesday.