Healthcare Health/Fitness

Investor Sued Former Martin Shkreli's Pharmaceutical Company for $5.4 Million

Investors sue KaloBios Pharmaceuticals Inc. to return $5.4 million of their investment. The investors were brought in by Martin Shkreli. KaloBios Pharmaceuticals Inc. filed for bankruptcy in late December.


Pfizer and Other Drugmakers Still Raise Drug Price Despite Criticism

Pfizer and other pharmaceutical companies still increase its drugs price in U.S. despite criticism. Mounting objection from politicans and lawmakers is unable to stop market power of companies in the multi-billion dollar phamaceutical industry.

IRS Fines 8 Million Americans, 0.3 Million of Them From Low Income Group

IRS has fined some 8 million people and 1.4 million households are forecast to fall prey of fines due to ignorance on new healthcare law. Commonly criticized as the Obama Care Law, the new law instructs all Americans to go through insurance net. But mainly due to ignorance about mandatory submission of tax returns and moreover legally remain exempted from tax net, have fall victim to count fine for $210 each.

Pfizer increases its drugs prices including Lyrica and Viagra

Pfizer today confirmed that the company has increased the price of some of its drugs although it was not revealed how many drugs are involved with the price hike. According to a data by Wolters Kluwer which revealed that more than 100 types of drugs has been increased in its price starting on January 1st.


Latest News

The U.S. health officials announced on Monday that as many as 200 people who attended a catered event at a downtown Seattle's Russell Investments Center have become ill with norovirus.
Teva pharmaceuticals which is said to be the world's largest generic drug maker has joined hands with Takeda Pharmaceutical Co, for a definitive agreement to sell generic drugs in Japan.
Drug prescription firm Express Scripts Holding Co. found a way to offer a cheaper $1 alternative to Turing’s $750 a pill drug.
Turing Pharmaceuticals said that it won't cut the list price of the drug. However, it will negotiate discount price with hospital. Last September, Turing Pharmaceuticals raised the price of live-saving drugs, Daraprim by more than fifty times.
Food poisoning is always a possibility that cannot be ignored during international trips. However, with the right planning of the trip and a few advices from other travelers, tourists should be able to enjoy their next trip abroad without worrying that they'll end up being ill after eating bad food.
The Department of Housing and Urban Development announced Thursday a proposal that would prohibit smoking in public homes nationwide. According to The New York Times, the proposed federal rule would affect 1.2 million public households and would mark the latest move to minimize unwanted exposure to secondhand smoke.
Chipotle Mexican Grill re-open their 43 restaurant who was closed down due to E.coli outbreak since earlier this month. After health officials in Oregon and Washington State did not find E.coli in the sample taken from the restaurants.
Chipotle Mexican Grill Inc. is preparing to reopen its 43 restaurants in Washington and Oregon which had closed following E. Coli food poisoning cases. Tech Times reported that health officials declared that the restaurant chain could reopen its restaurants as early as Wednesday, Nov. 11, after batch of tests revealed negative E. coli results of food samples.
Chipotle Mexican Grill Inc. announced it has ran steps to improve food safety by hiring two food safety consulting firms, including IEH Laboratories and Consulting Group, to perform batch-testing ingredients as an effort to respond to its E. coli cases.
Chipotle Mexican Grill closed all its restaurants in Seattle and Portland due to an outbreak of E. coli bacteria. The Huffington Post reported that 43 Chipotle restaurants in the Pacific Northwest region have temporarily been closed due to the E. coli scare.
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