Teva Is Laying Off 14,000 Workers, Suspending Its Dividend

Teva Is Laying Off 14,000 Workers, Suspending Its Dividend

As the year comes to a close, Teva Pharmaceutical announced that they will be downsizing drastically. They will be laying off a quarter of their workforce, suspending its dividend and foregoing annual bonuses to help reduce costs. To read the full article, click...
Hospitals Merge To Protect Turf As CVS And Optum Move In

Hospitals Merge To Protect Turf As CVS And Optum Move In

CVS Health has confirmed they are buying Aetna, the health insurance company. This has brought up many discussions about other health groups and hospitals merging to keep their footing in the industry. There was over 5,000 independent community hospitals in the...
FDA Issues Draft Guidance on Gluten Labeling for Drugs

FDA Issues Draft Guidance on Gluten Labeling for Drugs

The FDA issued a draft guidance that encourages drugmakers to provide more detailed labeling about whether their products are made from ingredients that contain gluten. This comes from many questions and concerns about oral drugs containing wheat gluten or wheat...
Huntington’s disease: could a cancer drug hold the key?

Huntington’s disease: could a cancer drug hold the key?

Huntington’s disease is an inherited disorder that leads to the degeneration of certain nerve cells in the brain. There is currently no treatment or drugs to slow down the progression of the disease. Dr. Albert La Spada, director of the Duke Center for...