Johnson & Johnson's mounting legal costs ate into its first-quarter profits, which dropped 14% as it fights thousands of lawsuits over its talc baby powder and shelled out almost $400 million to settle 25,000 cases over its blockbuster blood thinner Xarelto. Still, the health company on Tuesday reported better-than-expected...
Your health insurance doesn't cover everything. Most plans have co-pays for prescriptions and doctor visits, and you also have to spend a certain amount of your own cash before you get full coverage, in the form of a deductible. For most small employer plans, deductibles now average about $2,000...
Health care has been the worst-performing sector in the stock market this year, rising by just 4.17% as of Monday's close, significantly lagging the broader market indexes. The Dow Jones Industrial Average is up 13.35% over the same period, and the S&P 500 is 16.12% higher. ...
Andrew Harrer | Bloomberg | Getty Images Customers move a cart full of water through a BJ's Wholesale Club Inc. store in Falls Church, Virginia. For the tens of millions of American workers...
Up to 800 health centers have been approved to administer Johnson & Johnson's new ketamine-like depression drug, which was cleared for sale last month, and patients are already using it, the company said Tuesday. Spravato, or esketamine, won federal approval March 5 for treatment-resistant depression. It's similar to ketamine,...
The Food and Drug Administration on Tuesday ordered Boston Scientific and Coloplast to stop selling surgical mesh used for some pelvic operations. The agency said the companies "have not demonstrated a reasonable assurance of safety and effectiveness for these devices." The companies have 10 days to submit their plans...
The Department of Homeland Security is considering classifying fentanyl as a weapon of mass destruction, or WMD, according to an internal memo attained by military news outlet Task & Purpose. The memo said the painkiller would be labeled a WMD "when certain criteria are met," and that federal officials...
The fossil of an extremely rare baby T-Rex has been listed for sale on eBay with a "buy it now" asking price of $2.95 million. The listing, last updated on Tuesday, claims the artifact is "most likely the only baby T-rex in the world," adding that the specimen has...
UnitedHealth Group's stock may not be as sickly as it seems, according to one investor. Shares of the health insurance provider have lost more than 12% in the last week, or roughly $35 billion in market cap. The weakness continued Wednesday after UnitedHealth reported earnings, with the stock hitting...
Where and how you get your prescription can make a difference in how much you'll pay. It can take some homework to figure to find the best deal, but it's worth it. An in-network pharmacy is usually the best bet. Your pharmacy benefit plan's mail-order...