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 »
(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 »
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 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 »