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Feds Recover $4.7B from Drug Companies, Other Industries

More than half of the nearly $5 billion recovered under the federal False Claims Act during the last budget year came from the health care industry. The U.S. Department of Justice secured roughly $4.7...

Generic Drug Makers Accused of Illegal Conspiracies over Drug Prices

A coalition of 20 states is suing six generic drug manufacturers, alleging they illegally conspired to inflate prices of two medications as part of an industrywide price-fixing scheme. The alleged...

Bristol-Myers to Pay $20M Abilify Settlement

Bristol-Myers Squibb has reached a nearly $20 million settlement with a coalition of U.S. states after accusations the company...

FDA Approves New Power Morcellator Amid Cancer Concerns

The U.S. Food and Drug Administration has approved a new surgical tool for use in certain gynecological procedures, the device’s maker, Olympus America Inc., announced Wednesday. The PK Morcellator...

Prescription sheet

Jury Awards $140M after Prescription Error Leads to Woman’s Death

A jury in Baldwin County, Ala., has awarded $140 million to the family of a woman with diabetes who died as a result of a prescription error. The hospital and three other firms were ordered to pay the...

man with hand on eye

As Diabetes Cases Increase in America, so Does Vision Loss

As the number of people in the United States suffering from diabetes rises, so does the rate of vision loss among Americans, a new study has found. Such nonrefractive visual impairment is serious...

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