Aetna warned it would drop out of Obamacare exchanges if its merger was blocked
Insurance giant Aetna's announcement this week that it would sharply curb its participation in the insurance exchanges set up under the Affordable Care Act was seen by some as payback to the Obama administration for blocking its proposed merger with Humana. After all, in April, Aetna chief executive Mark Bertolini had called selling insurance...
Chinese Drugmaker Hid Data That May Show Contamination
A Chinese manufacturer of antibiotics sold in the U.S. hid quality testing results that may have indicated product contamination, the latest evidence of data manipulation at firms that make ingredients used by large pharmaceutical companies.
The U.S. Food and...
A popular weight-loss pill was buoyed by studies that understated its harms
A weight-loss pill taken by millions of patients in the last two decades has been propped up by problematic clinical studies that “systematically understated” the drug’s potential harms, according to a new analysis. Danish researchers who reviewed data summaries and published journal articles found that seven drug trials funded by the drug maker Roche in the 1990s downplayed the frequency of apparent...
In a new wave of Levaquin lawsuits, patients claim J&J knew about nerve-damage risks
Johnson & Johnson’s Levaquin has been a courtroom headache for the drugmaker for years, and now, a new surge of lawsuits might have execs reaching for their Tylenol.
Plaintiffs in Pennsylvania and New Jersey are suing J&J, claiming that the company marketed Levaquin “aggressively” even though it knew the powerful antibiotic could cause peripheral neuropathy,...
Aetna deals latest blow to Obamacare, pulls out of most markets
In a major blow to Obamacare, one of America’s largest health insurers said it was pulling out of most of the markets in which it was participating, citing huge losses in the past quarter.
In a statement Monday, Aetna reported that it lost $200 million in the second quarter of 2016 and as a result...
Report: VW to be accused of criminal conduct
The Justice Department has found evidence of criminal misconduct by Volkswagen in the handling of its diesel-emissions fiasco and is trying to negotiate a settlement, The Wall Street Journal reported Monday based on unnamed sources.
Prosecutors have not yet settled on specific criminal charges, but are in discussions with the automaker with the hope of wrapping up the...
Two cases picked for Xarelto bellwether trials
A federal judge in Louisiana has selected two lawsuits to serve as the first test trials amid more than 7,200 cases challenging the safety of Bayer AG and Johnson & Johnson subsidiary Janssen's blockbuster blood thinner Xarelto.
The first trial, slated to start in February, involves claims Xarelto caused a Louisiana man to develop...
Warning over refillable water bottles: is yours harbouring dangerous bacteria?
According to new research, drinking from refillable water bottle can be “many times worse than licking your dog's toy” in terms of the amount of bacteria it will bring you into contact with.
The website Treadmill Reviews commissioned EmLab P&K to test 12 water bottles of four different types - screw-top, slide-top, squeeze-top, and straw-top....
Car Thieves Can Unlock 100 Million Volkswagens With A SimpleWireless Hack
Some 100 Million cars made by Volkswagen are vulnerable to a key cloning attack that could allow thieves to unlock the doors of most popular cars remotely through a wireless signal, according to new research.
Read More
Another 9,000 Trailers Recalled Due to Bendix Defect
The National Highway Traffic Safety Administration has issued a recall of more than 9,000 additional trailers because of a defect with the Bendix SR-5 spring brakes that the manufacturer believes could affect up to 194,410 trailers in total. The updated recall includes some 2016 Manac flatbed trailers, 2017-2018 Manac van trailers, 2014-2016 Polar Tanks,...
