01/08/2013 - 2:04pm

Abbott Labs has spun off its specialty drug division into a new company called AbbVie, which the new company's leaders heralded Wednesday by ringing the first opening bell of 2013 at the New York Stock Exchange.

01/08/2013 - 12:48pm

Biotech companies saw a decline in project delays due to regulations over the past year, as more than half have said insurance coverage and reimbursement issues have become more difficult, according to a new report.

01/07/2013 - 5:33pm

While pressure to grow will drive more large drug makers to pursue mergers and acquisitions, diminished resources and competition from biotech and specialty pharmaceutical companies will challenge their ability to do so, according to a new report.

01/07/2013 - 4:45pm

Massachusetts Gov. Deval Patrick has introduced legislation that would give the state government broader power over compounding pharmacies, the governor's office announced.

01/07/2013 - 11:27am

Biogen Idec is seeking Food and Drug Administration approval for a hemophilia drug that it called the first of its kind.

01/04/2013 - 3:42pm

The Food and Drug Administration has approved a new means of administration for a multiple sclerosis drug, the manufacturers said.

01/04/2013 - 3:06pm

Ahold banner Giant Food of Landover, Md., donated $37,305 to the Capital Breast Care Center.

01/03/2013 - 11:19am

An experimental drug for Lou Gehrig's disease made by Biogen Idec has failed in a late-stage clinical trial, the drug maker said.

01/02/2013 - 2:45pm

In 2012, the Food and Drug Administration approved 39 new drugs, 8 alone in December, marking the largest increase in 16 years.