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Drugmaker Novo Nordisk profits jump in diabetes scourge

Danish drugmaker Novo Nordisk, the world's leading insulin provider, on Wednesday reported a six percent jump in net profit in the first quarter, as the global onslaught of diabetes continued to grow.

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Novartis to buy back $5 bn in shares

Swiss pharmaceutical giant Novartis announced Wednesday a $5.0 billion share buyback even though competition from generics ate away at sales and earnings last year.

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GSK sees earnings rise amid good demand for vaccines

Pharmaceutical company GlaxoSmithKline says its net profit rose 50 percent in the third quarter to 808 million pounds ($986 million) thanks in part to strong sales of its vaccine products.

Health

Fragranced products: Risks for people and profits?

A University of Melbourne researcher has found that over one-third of Americans report health problems—from asthma attacks to migraine headaches—when exposed to common fragranced consumer products such as air fresheners, ...

Health

An angel on my shoulder: Mobile telemedicine for nursing homes

In June 2016, Zeriscope, a technology company based in Charleston, SC, reached an agreement with White Oak Management (WOM) of Spartanburg, SC to provide its mobile telemedicine platform to more than a dozen of its skilled ...

Health

Nonprofit hospitals earn substantial profits

Seven of the 10 most profitable hospitals in the United States in 2013 - each earning more than $163 million in profits from patient care services—were nonprofit hospitals, according to new research from the Johns Hopkins ...

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