Health

Obamacare taxes are suspended in deal to end government shutdown

Mark Leahey, president along with CEO of Medical Device Manufacturers Association, said the group “applauds Congress for passing legislation that will funds the government … while protecting medical technology innovation coming from the destructive impact of the medical device tax by suspending that will For just two additional years.” “We remain committed to working with the broad, bipartisan coalition that ...

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The US is usually in a baby bust, so diaper makers need a fresh plan

Kimberly-Clark, the maker of Huggies diapers in addition to Kleenex tissues, on Tuesday announced which will cut about 13 percent of its workforce globally in a bid to reduce costs as sales wane. which pointed to the lower U.S. birth rate among the challenges confronting the company in its Tuesday call with investors. Pampers-maker Procter & Gamble, which also announced ...

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Johnson & Johnson gives 2018 guidance

Andrew Harrer | Bloomberg | Getty Images Johnson & Johnson Listerine brand cool mint mouthwash bottles move through the production line on a conveyor at the J&J consumer healthcare products plant in Lititz, Pennsylvania. Johnson & Johnson shares slipped Tuesday after the company clarified that will its forecast for the year might not have been as high as some had ...

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J&J CEO Alex Gorsky says tax law won’t change M&A strategy

The brand-new tax law won’t change Johnson & Johnson’s approach to mergers in addition to acquisitions, CEO Alex Gorsky said. Gorsky reiterated what he in addition to several additional companies’ executives have already said, which can be the windfall won’t make them lose their discipline. However, a string of biotech deals have already been announced This kind of year, in ...

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brand new York City sues drug companies over opioid epidemic

brand new York City on Tuesday sued eight companies which make or distribute prescription opioids, blaming them for a deadly epidemic afflicting the most populous U.S. city. Mayor Bill de Blasio said the lawsuit seeks $500 million of damages to help fight the epidemic inside the city, which kills more people annually than homicides along with car accidents combined, including ...

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Flu shots aren’t perfect, scientists want to build universal vaccine

Scientists dream of creating a universal flu vaccine that will could be administered once in addition to also prevent sickness for a lifetime. Achieving that will can be likely still far off, yet various other improvements could be closer. One strategy companies have tried can be developing vaccines in various other places outside traditional chicken eggs. Seqirus, the vaccine unit ...

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Out-of-pocket health spending dropped after Obamacare rolled out

along with many people “continue to experience high-burden out-of-pocket along with premium spending,” the report said. Spending is usually considered “high-burden” if a family spends more than 10 percent of its income on out-of-pocket health costs, which can include deductibles, co-payments along with coinsurance. Premiums are considered high-burden if they exceed 9.5 percent of income. While high-burden out-of-pocket spending dropped ...

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West Virginia saw drop in opioid painkillers prescribed, deaths rose

Michael Goff, acting executive director of the pharmacy board, attributed the big decreases in opioids dispensed to the fact which “the word’s out” about the drugs. “There’s a lot of articles dealing with, doctors along with pharmacies are concerned, there’s lawsuits everywhere,” Goff said. West Virginia’s struggles with the opioid epidemic have received considerable attention via the media. along with ...

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