Health Care Industry
NEW YORK - Novartis AG said Tuesday it will take a charge of $590 million during the third quarter as it discontinues development of a potential hepatitis C drug and an antifungal product.
PHILADELPHIA - A medical devices company will admit criminality and pay the maximum $23 million fine for illegally testing bone cement on about 200 spinal patients, three of whom died in surgery, U.S.
DES MOINES, Iowa - Friends and colleagues say Austin "Jack" DeCoster, owner of an Iowa egg farm at the heart of a massive salmonella recall, is at once a stubborn and "ruthless" businessman and a community benefactor who shares his wealth and counsels inmates about Christianity.
WASHINGTON - Forest Pharmaceuticals Inc. has agreed to pay more than $313 million and plead guilty to obstruction of justice, distribution of the then-unapproved drug Levothroid and illegal promotion of Celexa for use in treating children and adolescents suffering from depression.
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