Over the last five months of 2013, doctors and teaching hospitals across the nation received $3.5 billion from pharmaceutical companies and medical device manufacturers, a partial set of data released on Tuesday shows. The release of the data represents a requirement under the Physician Payments Sunshine Act, which is a lesser-known part of the 2010 Affordable Care Act. This data, released by the … [Read more...]
Is the AbbVie-Shire Merger Drowning because of Congress?
Any marriage proposal is a logical consequence of months of courtship, flowers, candy and dates. Similarly, AbbVie has been putting in months of efforts in so that they would have the opportunity of acquiring the Irish drug manufacturer Shire but will they actually manage to seal the deal? Several months of courtship, four previous offers and 54 billion dollars later, a proposal that would become … [Read more...]