Health care industry

FILE - In this June 8, 2006 file photo, then Deputy Health and Human Services Secretary Alex Azar meets reporters at the HHS Department in Washington. Azar was a top HHS official during the George W. Bush administration. (AP Photo/Evan Vucci)
November 13, 2017 - 10:45 am
WASHINGTON (AP) — Turning to an industry he's rebuked, President Donald Trump on Monday picked a former top pharmaceutical and government executive be his health and human services secretary, overseeing a $1 trillion department responsible for major health insurance programs, medical research, food...
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An electronic stock board shows the Hang Seng Index at a bank in Hong Kong, Friday, Nov. 10, 2017. Asian shares sank Friday, following declines on Wall Street after a proposed delay to U.S. tax cut plan dented investor sentiment.(AP Photo/Kin Cheung)
November 10, 2017 - 5:27 pm
NEW YORK (AP) — So that's what a losing streak feels like. Stocks fell for the second day in a row Friday, which hadn't happened in a month, as Amazon put a scare into yet another industry: medical device and health care equipment companies. Those companies slumped after an analyst for Citi...
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November 09, 2017 - 4:07 am
LONDON (AP) — Anglo-Swedish drugmaker AstraZeneca says its net income and sales fell in the third quarter as it worked to make up for the loss of patent protection for major products such as Crestor and Seroquel XR. Net income fell 32 percent to $686 million. Product sales slipped to $4.88 billion...
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Patrick Cantlay reacts to a very close putt on the eighteenth hole during the final round playoff of the Shriners Hospitals for Children Open golf tournament from TPC Summerlin, Sunday, Nov 5, 2017, in Las Vegas. (AP Photo/L.E. Baskow)
November 05, 2017 - 9:53 pm
LAS VEGAS (AP) — Patrick Cantlay won the Shriners Hospitals for Children Open on Sunday in a playoff for the first victory in a PGA Tour career mostly derailed by a severe back injury. The 25-year-old former UCLA star hit from behind a tree and got up-and-down for par from off the back of the 18th...
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FILE - In this Tuesday, Feb. 5, 2013, file photo, Connecticut Attorney General George Jepsen speaks at the Justice Department in Washington. On Tuesday, Oct. 31, 2017, Jepsen and 45 of his colleagues sought to expand a federal antitrust lawsuit against generic drugmakers to include more manufacturers and medications, as well as senior executives at two companies. (AP Photo/Jacquelyn Martin, File)
October 31, 2017 - 4:27 pm
HARTFORD, Conn. (AP) — Connecticut's attorney general and 45 of his colleagues are seeking to expand a federal antitrust lawsuit against generic drugmakers to include more manufacturers and medications, as well as senior executives at two companies. Led by Connecticut, the states sought a federal...
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FILE - In this Monday, Nov. 23, 2015, file photo, a woman passes Pfizer's world headquarters in New York. Pfizer Inc. reports earnings Tuesday, Oct. 31, 2017. (AP Photo/Mark Lennihan, File)
October 31, 2017 - 4:23 pm
Pfizer doubled its third-quarter profit, thanks to slightly higher sales, lower one-time charges and reduced spending on production and administration. The drug giant edged past Wall Street's profit expectations and improved its 2017 financial forecast. The maker of Viagra and pain treatment Lyrica...
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A man takes a picture of an electronic stock board of a securities firm in Tokyo, Friday, Oct. 27, 2017. Shares in Asia posted strong gains early Friday, tracking the upbeat session overnight on Wall Street. Japan’s Nikkei 225 index jumped 0.9 percent to 21,945.20 as the U.S. dollar strengthened against the yen, boosting exporters’ shares. Investors are watching for U.S. GDP data. (AP Photo/Koji Sasahara)
October 27, 2017 - 5:02 pm
NEW YORK (AP) — Some of the biggest companies in the world had their best day in years Friday as Microsoft and Alphabet soared following strong third-quarter reports, as did online retail giant Amazon. U.S. stocks set more records as their winning streak extended to a seventh week. Intel made its...
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FILE - This Oct. 14, 2015, file photo, shows the U.S. Food & Drug Administration campus in Silver Spring, Md. On Wednesday, Oct. 25, 2017, the FDA rejected an experimental drug for a common type of muscular dystrophy. The drug from PTC Therapeutics was intended for Duchenne muscular dystrophy patients with a certain genetic mutation. The muscle-destroying disorder affects 1 in 3,500 to 5,000 boys in the U.S. (AP Photo/Andrew Harnik, File)
October 25, 2017 - 4:27 pm
TRENTON, N.J. (AP) — The U.S. Food and Drug Administration has rejected an experimental drug for a common type of muscular dystrophy. The FDA's decision Wednesday was expected because the agency had said the drug didn't work in two key patient tests. Last month, FDA advisers voted 10-1 against...
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The General Electric logo appears above a trading post on the floor of the New York Stock Exchange, Tuesday, Oct. 24, 2017. General Electric suffered its worst one-day loss in six years Monday following downgrades from analysts. (AP Photo/Richard Drew)
October 24, 2017 - 11:57 am
NEW YORK (AP) — U.S. stocks are rising Tuesday as construction equipment maker Caterpillar and Post-it note maker 3M lead a rally in industrial companies, while banks are climbing along with interest rates. Technology companies are also advancing. Steep losses for drugmakers Biogen and Eli Lilly...
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October 24, 2017 - 3:00 am
GENEVA (AP) — Swiss pharmaceuticals company Novartis is reporting net income rose 7 percent in the third quarter behind growth for its psoriasis treatment Cosentyx, its eye care business and several cancer drugs. The Basel-based company says net earnings rose to $2.08 billion in the quarter, from $...
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