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Reporter/Lynchburg Bureau ChiefA Lynchburg non-profit is making sure kids have healthy food to eat, no matter where they are. The Blue Ridge Area Food Bank is getting ready to start its annual "Back Pack" program. More than 500 children in the Lynchburg area will get bags of food...
A federal court in Virginia has approved a $1.5 billion settlement of a case involving Abbott Laboratories' promotion of the anti-seizure drug Depakote. Virginia Attorney General Ken Cuccinelli says the settlement includes a criminal fine and...
Tags: Depakote (drug), Ken Cuccinelli
Abbott Laboratories has pleaded guilty and agreed to pay $1.5 billion over allegations that it promoted the anti-seizure drug Depakote for uses that were not approved by the Food and Drug Administration. Deputy Attorney General James Cole says the...
NORTH CHICAGO, Ill. (AP) -- Drug and medical device maker Abbott Laboratories says it will spin off its branded drug business and become two separate medical companies. The new spinoff will exclusively sell Abbott's branded pharmaceuticals, including the...
ReutersNEW YORK (Reuters) - U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement. The...
With businessman Bruce Rauner running for Illinois governor, his experience in the world of private equity is likely to sound familiar to voters. Republican presidential nominee Mitt Romney had a similar background, which became fodder for debate during...
ReutersBy Sharon Begley NEW YORK, June 13 (Reuters) - The U.S. Supreme Court decision on Thursday to uphold patent protections for genetic material that has been changed in the laboratory but invalidate patents for purely natural DNA may seem like a partial...
ReutersJune 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including J&J, Microsoft and Intel, on Friday. HIGHLIGHTS * U.S. healthcare: Jefferies cuts targets on Bristol-Myers Squibb, others...
Bloomberg News reports: A federal judge has allowed an Abbott Laboratories shareholders suit over the marketing of epilepsy drug Depakote to proceed. The shareholders claim the company's directors failed to properly supervise marketing of the drug. Abbott...
ReutersBy Tova Cohen and Steven Scheer HERZLIYA, Israel, June 6 (Reuters) - Inspired by its success in high-tech electronics and software, Israel is hoping to pull off the same trick in life sciences. The Mediterranean country already boasts the world's...
ReutersBy Adam Jourdan SHANGHAI, May 23 (Reuters) - The rolling green hills and gurgling blonde toddlers in the ads for Yashili International Holdings Ltd underscore how keen China's biggest milk powder producers are to appear global to emerge from the shadow...
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