Health

Anthem CEO Joseph Swedish reportedly stepping down

T.J. Kirkpatrick | Bloomberg | Getty Images Joseph Swedish, chief executive officer of Anthem. Anthem CEO Joseph Swedish will step down, along with Gail Boudreaux will take over, The Wall Street Journal reports, citing people with knowledge of the matter. The timing is actually uncertain, though The Wall Street Journal reported the plan could be announced as early as next ...

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Don’t take your phone to bed

About 9 million, or 1 in every 25 Americans, take prescription sleep medication, spending $41 billion on sleep aids in 2015. The industry can be supposed to reach $52 billion by 2020. Typical sleep meds, including Ambien as well as also Lunesta, work by targeting neurotransmitters, the chemical signalers within the brain, either by enhancing the effects of calming neurotransmitters ...

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drug melts away heart fat in just one dose

A fresh drug designed for tackling cancer as well as diabetes has been found to melt away fat of which clogs up arteries. Researchers by the University of Aberdeen claim of which just just one dose of the fresh drug Trodusquemine can completely reverse the effects of Atherosclerosis. Atherosclerosis is usually the build-up of fatty plaque inside arteries which in ...

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What the item’s genuinely like to fundraise coming from Silicon Valley’s VCs

Your additional major lifeline can be additional founders. Seek out succor as well as solace coming from additional founders during the fundraising process. Only they truly understand what you’re going through when you’re going through the item. Don’t be afraid to vent about fundraising, even on Twitter (I’m pretty sure in which earned me the moniker “biotech rebel”). Empathy as ...

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May need ‘disruptive’ regulations to fight opioid epidemic

Gottlieb said the agency is usually having discussions with drug companies about the brand new packaging solutions. “Something like in which could move potentially quickly,” he said. “We’re invested in taking a hard look at in which as well as seeing what the opportunities are.” Opioids, including prescription painkillers as well as heroin, played a role in more than 33,000 ...

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Amazon pharmaceutical move: acquisition targets

Dr. Mark Frisse, Department of Biomedical Informatics at Vanderbilt University Medical Center along with former chief medical officer at Express Scripts. What is usually the item? Express Scripts is usually the largest pharmacy benefits manager inside United States. These companies, known as PBMs, act as intermediaries between payers, like health insurers, along with the rest of the health system. Why? ...

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Teva plunges 18% after drugmaker lowers 2017 outlook again

Teva Pharmaceutical Industries, the entire world’s biggest generic medicine maker, warned on 2017 earnings on Thursday after reporting a fall in third-quarter profit hurt by competition inside the U.S. market. Shares plunged nearly 18 percent on Thursday morning. A day earlier U.S. shareholder Allergan announced the idea could begin selling down its 10 percent stake inside the Israeli company, whose ...

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Envision tanks after earnings miss, will review strategic alternatives

Envision Healthcare shares tanked 34.2 percent to a 52-week low after the company posted a weaker-than-expected profit. The S&P 500, meanwhile, rose 0.1 percent as well as also hit an all-time high. On Tuesday, the company reported adjusted earnings per share of 73 cents for the third quarter, well below the Reuters estimate of 88 cents. Envision’s revenue of $1.99 ...

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Pharma CEOs welcome Amazon to disrupt drug distribution

The prospect of which Amazon will enter the pharmacy space has cast a pall over stocks of drug distributors along with retail pharmacies, erasing hundreds of millions of dollars coming from their market value. yet in another sector of the drug space, Amazon’s entry could be welcomed: pharmaceutical companies. “Just like science can be disrupted with gene therapy or novel ...

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