Walgreens calls it quits on attempted Rite Aid merger but will buy $5.18 billion in assets

Top Stories in Business & Health for July 10, 2017  Walgreens calls it quits on attempted Rite Aid merger but will buy $5.18 billion in assets With federal regulators indicating that they would be unlikely to approve the merger between Walgreens Boots Alliance and Rite Aid, the companies decided they...

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FTC asks court to enforce subpoena in investigation of Walgreens-Rite Aid merger

Top Stories in Business & Health for June 26, 2017  FTC asks court to enforce subpoena in investigation of Walgreens-Rite Aid merger In an “emergency petition” filed last Monday, the Federal Trade Commission (FTC) sought assistance from a federal court in getting Humana to turn over documents the agency wants...

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Cleveland Clinic partners with Oscar Insurance Corp.

Top Stories in Business & Health for June 19, 2017 Cleveland Clinic partners with Oscar Cleveland Clinic is stepping into the health insurance market by joining forces with New York City-based Oscar Insurance Corp. Pending regulatory approval, the two organizations will jointly offer individual Cleveland Clinic|Oscar health plans during open...

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Pfizer raises prices on 91 drugs in second round of increases this year

Top Stories in Business & Health for June 11, 2017 Pfizer raises prices on 91 drugs in second round of increases this year While other leading drug companies are pledging to hold their price increases to single digits and releasing pricing transparency reports to the public, on June 1 Pfizer...

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Lawsuit claims Novo Nordisk and OptumRx conspired to inflate price of diabetes drug Victoza

Top Stories in Business & Health for June 5, 2017 Lawsuit claims Novo Nordisk and OptumRx conspired to inflate price of diabetes drug Victoza Another diabetes drug-related proposed class action lawsuit was filed last week in a California district court. This one contends that Novo Nordisk raised the price of...

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