Tag Archives: Billion

Healthcare data breaches will cost industry $4 billion by year’s end, and 2020 is poised to be worse

It’s difficult to stay ahead of data breaches, and healthcare leaders seem to largely agree that it’s only getting more challenging — and that’s bad news for the financial health of the industry, as data breaches are projected to cost healthcare $ 4 billion by the end of the year. 2020 could be even more… Read More »

Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid lawsuits: sources

(Reuters) – OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $ 10 billion to $ 12 billion, two people familiar with the matter said on Tuesday. Purdue is among several drugmakers and distributors that have been sued for… Read More »

Bayer to pay $2 billion after losing suit that claims weedkiller Roundup causes cancer

Bottles of Roundup weed killer move along the production line at the herbicide manufacturing facility operated by Monsanto. Jasper Juinen | Bloomberg | Getty Images Bayer AG on Monday was ordered by a Northern California jury to pay more than $ 2 billion to a couple who say they were diagnosed with cancer after using… Read More »

Catalent reportedly to buy Paragon Bioservices for $1.2 billion

Catalent said on Monday it would buy privately held gene therapy-focused Paragon Bioservices in an all-cash deal for $ 1.2 billion, helping the drug developer expand its capabilities to make specialized and costly treatments. Paragon, backed by private-equity firms Camden Partners and NewSpring Capital, focuses on developing and manufacturing products such as complex biopharmaceuticals for… Read More »

Johns Hopkins, Bristol-Myers must face $1 billion syphilis infections suit

(Reuters) – A federal judge in Maryland said The Johns Hopkins University, Bristol-Myers Squibb Co (BMY.N) and the Rockefeller Foundation must face a $ 1 billion lawsuit over their roles in a 1940s U.S. government experiment that infected hundreds of Guatemalans with syphilis. FILE PHOTO: Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured at… Read More »