Healthcare Industry News

Microsoft founder Bill Gates gave $168.7 million to develop vaccines for malaria, part of $3 billion in funding announced on Thursday to tackle Africa's biggest killer disease.

Baylor Health Care System on Thursday announced plans for a Baylor Cancer Center, calling it the first dedicated cancer hospital in North Texas.

PDL BioPharma Inc. on Thursday named Faheem Hasnain president and chief executive, and said he will take that role in its spin-off company, Facet Biotech Corp.

Ligand Pharmaceuticals Incorporated announced today that it has entered into a definitive merger agreement to acquire Pharmacopeia , in a deal valued up to $70 million.

Medtronic Inc. has agreed to buy medical technology developer CryoCath Technologies Inc.

At least eight children are being treated today at University Community Hospital after a car struck a school bus near Van Buren Middle School this morning, an official said.

Eli Lilly made a major announcement Wednesday morning. The company said starting in 2009 they plan to launch an online registry of physician payments.

The second of six people who contracted Legionnaires' disease at Saint Peter's University Hospital in New Brunswick has died.

The director of the National Institutes of Health is resigning, after retooling the premiere research agency to spur innovative science while it struggles for sufficient funding.

All children 6 months to 18 years old should receive the flu vaccine this year, offering protection to an additional 30 million children, federal officials said Monday.

Financial markets were tense Wednesday, with stocks fluctuating following investor Warren Buffett's decision to invest $5 billion in Goldman Sachs Group Inc.

The court also announced that a trial date will be scheduled and is likely to be in January 2009.

Teva Pharmaceutical Industries Ltd., Jerusalem, and Kowa Co., the Tokyo conglomerate, definitively agreed to form a 50-50 generic-pharmaceutical company in Japan.

In an industry first, Eli Lilly and Co. says it will begin disclosing how much money it paid to individual doctors nationally for advice, speeches and other services.

GENENTECH Inc and OSI Pharmaceuticals have alerted doctors about cases of liver damage among patients who took the cancer drug Tarceva in a post-approval study, US regulators said on Tuesday.

Pfizer Inc. is dramatically stepping up sales efforts in emerging markets, overhauling U.S. business operations and slashing more costs ahead of the 2011 patent loss for cholesterol blockbuster Lipitor, its ...

Brooke Mueller , the pregnant wife of Hollywood actor Charlie Sheen , has undergone emergency gall-bladder surgery, sources told E! News.

Ed McMahon's lawsuit against a hospital and doctors he claims failed to properly diagnose and repair his broken neck has passed a key legal hurdle.

Frances P. Driscoll, one of the defendants in the Roger Williams Medical Center corruption trial, took a bad fall on the courthouse steps after court yesterday and was rushed to the hospital.

As the last of the major investment banks become bank holding companies, Goldman Sachs Group Inc.