Long Island University gave its Distinguished Alumnus award to C.O. Bigelow Apothecaries owner Ian Ginsberg, a 1985 graduate of the university's pharmacy school.

C.O. Bigelow isn't just any drug store - it's the oldest one in the country, having been founded in 1838. Ginsberg's family has owned it since his grandfather, William Ginsberg, bought it in 1939. So, as one might ask a centenarian, what's C.O. Bigelow's secret?

Hospira has reappointed its chief scientific officer after he briefly left the country earlier this year, the generic drug maker said.

Mylan has launched a generic drug for treating cholesterol, the company said.

The Senate voted overwhelmingly to confirm a former Virginia Health and Human Services secretary as administrator of the Centers for Medicare and Medicaid Services.