106.3 WORD TRAFFIC

    Health care industry

    In this May 4, 2017, photo, President Donald Trump meets with Australian Prime Minister Malcolm Turnbull aboard the USS Intrepid, a decommissioned aircraft carrier docked in the Hudson River in New Yor. (AP Photo/Pablo Martinez Monsivais)
    May 05, 2017 - 3:50 pm

    Trump: Australian health care system better than US

    BRANCHBURG, N.J. (AP) — President Donald Trump's praise of Australia's government-funded health care system has raised the ire of Sen. Bernie Sanders, a leading advocate of such single-payer systems. Republicans have strongly opposed calls by Sanders and others to create a similar "universal"...
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    May 03, 2017 - 12:41 pm

    Generic drugmakers want antitrust lawsuit dismissed

    HARTFORD, Conn. (AP) — Six generic drugmakers are asking a federal judge in Connecticut to dismiss a 40-state lawsuit accusing them of artificially inflating and manipulating prices to reduce competition for antibiotic and oral diabetes medication. The companies filed documents Monday citing a...
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    May 02, 2017 - 9:10 pm

    Nevada lawmaker strips refund provision from insulin bill

    CARSON CITY, Nev. (AP) — A Nevada state lawmaker and backers of a proposal to control insulin prices on Tuesday withdrew a key provision of the bill that would have made the state the first in the U.S. to mandate drugmakers refund diabetics or their insurance companies when the price of insulin...
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    FILE - In this Monday, Nov. 23, 2015, file photo, flags fly in front of Pfizer World Headquarters, in New York. Pfizer Inc. reports earnings, Tuesday, May 2, 2017. (AP Photo/Mark Lennihan, File)
    May 02, 2017 - 9:00 am

    Pfizer beats 1Q profit forecasts, but sales dip misses views

    Pfizer beat Wall Street expectations for first-quarter profit thanks to reduced spending on operations and legal costs, along with strong sales of key new drugs and longtime blockbuster pain treatment Lyrica. But the top U.S. drugmaker had a disappointing revenue dip of 1 percent as competition...
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    FILE - In this Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for Aetna Inc., at the company headquarters in Hartford, Conn. Aetna Inc. reports financial results, Tuesday, May 2, 2017. (AP Photo/Jessica Hill, File)
    May 02, 2017 - 7:00 am

    Aetna books 1Q loss on failed Humana bid, ups 2017 forecast

    Aetna booked a $381-million, first-quarter loss mainly due to its failed bid for rival Humana, but the nation's third largest health insurer still beat earnings expectations and raised its 2017 forecast. Aetna says it now expects adjusted earnings of $8.80 to $9 per share for the full year, up from...
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    FILE - In this Thursday, Dec. 18, 2014, file photograph, a man looks back at the Merck logo on a stained glass panel at a Merck company building in Kenilworth, N.J. Merck & Company, Inc. reports earnings, Tuesday, May 2, 2017. (AP Photo/Mel Evans, File)
    May 02, 2017 - 6:57 am

    Merck tops Street 1Q forecasts

    KENILWORTH, N.J. (AP) — Merck & Co. is reporting first-quarter earnings of $1.55 billion. On a per-share basis, the Kenilworth, New Jersey-based company said it had net income of 56 cents. Earnings, adjusted for one-time gains and costs, were 88 cents per share. The results surpassed Wall...
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    FILE - In this Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for Aetna Inc., at the company headquarters in Hartford, Conn. Aetna Inc. reports financial results, Tuesday, May 2, 2017. (AP Photo/Jessica Hill, File)
    May 02, 2017 - 6:48 am

    Aetna books 1Q loss on failed Humana bid, ups 2017 forecast

    Aetna booked a $381-million, first-quarter loss mainly due to its failed bid for rival Humana, but the nation's third largest health insurer still beat earnings expectations and raised its 2017 forecast. Aetna says it now expects adjusted earnings of $8.80 to $9 per share for the full year, up from...
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    In this April 18, 2017, photo, Soila Solano prepares to inject herself with insulin at her home in Las Vegas. Solano was diagnosed with Type 2 diabetes six years ago. Casino owners and their employees’ unions are attempting to rein in soaring prescription drug prices in an attempt to control their own medical insurance costs. They and Democratic lawmakers backing the bill also hope it would cap what diabetics pay out of their own pockets for insulin. (AP Photo/John Locher)
    May 01, 2017 - 12:53 pm

    Nevada coalition seeks unprecedented insulin refund law

    CARSON CITY, Nev. (AP) — Aiming to rein in soaring prescription drug prices, an unlikely Nevada coalition is trying to force pharmaceutical companies to disclose how they set insulin prices — and issue refunds to diabetics or their insurance companies if annual price hikes surpass inflation. Las...
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    April 29, 2017 - 2:23 am

    Arkansas will face challenges replenishing execution supply

    Arkansas will have a more difficult time obtaining additional lethal injection drugs after an unprecedented court challenge by a drug distributor and possible complications during at least one of the four executions the state carried out this month, experts said. The state launched an ambitious...
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    April 27, 2017 - 3:07 am

    AstraZeneca Q1 upbeat on cancer drugs despite Q1 sales drop

    LONDON (AP) — Anglo-Swedish drugmaker AstraZeneca says first-quarter revenue fell amid declining sales of cholesterol treatment Crestor, which lost patent protection last year. Total revenue declined 12 percent to $5.4 billion as Crestor sales dropped 45 percent. Net income fell to $537 million,...
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