Posts Tagged ‘business’


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  • Retail Clinics: CVS to Double Presence, Walgreens Seeks Partners

    Thursday, April 15th, 2010 at 02:15 | Comments Off

    Drugstores are trying to bolster their presence in the in-store clinic market, even though the concept has thus far not been a particularly profitable one. The WSJ reports that CVS Caremark may double its number of MinuteClinic retail operations over the next five years.

    The company has no plans to forge financial partnerships with medical providers, but instead prefers “collaborative” non-financial ties, MinuteClinic President Andrew Sussman tells the paper. Bloomberg quotes Gabelli analyst Jeff Jonas as saying that CVS has trimmed ..read more

  • Meet the New Health Blogger

    Tuesday, April 13th, 2010 at 23:53 | Comments Off

    Starting today, you’ll see a new byline on the Health Blog. I’ve long been a fan of The Wall Street Journal’s health and health-business coverage, and I’m looking forward to being a part of it by continuing the strong three-year tradition of this blog. Whether delivering the latest breaking news, bringing you expert insights or digging up tidbits you won’t find anywhere else, the goal is to keep the Health Blog your first and most trusted source of health-related news. ..read more

  • Business Rallies Against Health Overhaul as Obama Signs Bill

    Wednesday, March 31st, 2010 at 09:16 | Comments Off

    The U.S. Chamber of Commerce plans to spend $50 million in the months leading up to the fall elections in a continuing push against the health-overhaul legislation, the WSJ reports.

    “The Chamber is going to carry a message across the country that says the health care debate is not over,” Thomas J. Donohue, the business lobbying group’s president and CEO, said in a letter sent to the chamber’s board members late Monday. The law “is a major step in the wrong ..read more

  • Obama’s Closing Arguments on Health Care

    Saturday, March 20th, 2010 at 03:49 | Comments Off

    President Barack Obama makes a final pitch on health-care legislation in a televised address at George Mason University. Video courtesy of Fox Business Network.

    Original post:  Obama’s Closing Arguments on Health Care/a>

  • Obama Speaks About Health Care in Ohio

    Tuesday, March 16th, 2010 at 04:20 | Comments Off

    Watch video of President Barack Obama’s health-care reform speech delivered Monday in Ohio. Video courtesy of Fox Business Network.

    Read more from the original source:  Obama Speaks About Health Care in Ohio/a>

  • Outlook: The Week Ahead in U.S. News

    Saturday, March 13th, 2010 at 10:34 | Comments Off

    MarketWatch’s Stacey Delo has a preview of what will figure into the business and financial headlines in the coming week.

    See the original post here: Outlook: The Week Ahead in U.S. News/a>

  • Merck Follows Pfizer on Earnings, but Avoids its Footsteps

    Wednesday, February 17th, 2010 at 04:03 | Comments Off

    With an apparent eye on Pfizer’s experience early this month, Merck officials made one thing abundantly clear during the morning’s earnings report: “Nothing in our guidance has changed,” CFO Peter Kellogg said on a conference call with analysts.

    The emphasis was undoubtedly a reaction to Pfizer’s Feb. 3 earnings report when it lowered its 2012 guidance. Pfizer officials dismissed the import of the change at the time, saying it merely reflected some divestitures. Still, the news pushed down Pfizer shares ..read more

  • Reports: GlaxoSmithKline to Cut More than 3,000 Jobs

    Tuesday, February 2nd, 2010 at 00:47 | Comments Off

    The cuts keep coming from U.K. pharma. Just a few days after AstraZeneca said it would eliminate thousands of jobs, the London papers reported this weekend that GlaxoSmithKline is about to announce some big cuts of its own.

    The Times of London said Glaxo will cut “up to 4,000″ jobs; the Financial Times put the figure at “more than 3,000.”

    The cuts — which the FT says will include will include “manufacturing, sales, administration and research staff” — are expected to be ..read more

  • Mossberg on Blood-Glucose Test: Tech Meets Health

    Friday, December 18th, 2009 at 01:17 | Comments Off

    The latest sign of the health-tech convergence: Walt Mossberg, the WSJ’s personal tech guru who writes about smart phones and operating systems, is reviewing a blood-glucose meter.

    The device, made by Bayer and sold under the brand name Contour, looks like a fancy USB thumb drive, with an extra appendage. (That’s a picture of it on the right.) The appendage is the business end of the glucose meter, where the patient inserts a test strip dabbed with a drop of blood. ..read more

  • Of Pfizer, a New Treatment for a Rare Disease and Carrot Cells

    Wednesday, December 2nd, 2009 at 06:02 | Comments Off

    Pfizer’s deal today with Israeli biotech Protalix BioTherapeutics to license most of the rights for a promising therapy for a rare disease caught our eye for a number of reasons:

    The deal gives Pfizer rights to sell a treatment for Gaucher’s disease that will soon go for FDA approval. Pfizer will pay Protalix as much as $115 million for rights to sell the therapy anywhere but Israel. The dollar amount is minuscule for a big pharma with a $151 billion market ..read more

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