Money Matters - Simplified

Healthcare

Gene therapy to cure asthma and eczema!

In a major break through, that has the potential to revolutionarize the treatment of wide spread ailments like asthma and eczema, scientists have managed to identify the mutant gene that causes them,

Wal-Mart extends Healthcare Benefits to more Employees

Under growing pressure in many states to improve health-care benefits, Wal-Mart Stores said Thursday it will expand coverage for its employees and build more than 50 in-store health clinics.

Return of the beefsteak!

After a two-year long lull, things finally seem to be looking up for American beef exporters, with Japan lifting the ban on U.S. and Canadian beef imports, imposed due to the mad cow disease fright.

Vioxx Jury Making Progress, to continue on Monday

A federal jury deciding whether Merck & Co.'s Vioxx painkiller caused a Florida man's fatal heart attack said it will return next week to keep deliberating in the case.

Johnson May Abandon Guidant Acquisition

A string of device recalls by Guidant, has forced New Brunswick, N.J. based Johnson and Johnson to consider dropping the $25.4 billion plan to buy the Guidant Corporation. The announcement resulted in

Boots, Alliance to Create $23bn Healthcare Mammoth

Boots Group Plc, owner of the largest U.K. drugstore chain, will merge with Alliance Unichem Plc in a stock transaction to create a company with sales of more than 13 billion pounds ($22.9 billion) as

Chiron Rejects Novartis' Proposed Takeover

US Biotechnology company Chiron has rejected a takeover bid by Swiss drugmaker Novartis, citing a share as inadequate.