GLG News by Labor Relations and Union-Management Negotiation Experts (US)

This article pertains to quality, accrual and safety, but in addition....

McKesson Corp (MCK) settled its pending class action suit for $351 million and set aside a further $143 million reserve for certain future claims. The settlement removes a source of uncertainty for McKesson, but also signals the beginning of the end for the Average Wholesale Price (AWP) benchmark. Average...

1. Employment reductions in the U.S. auto assembly industry over the past three years have reduced the UAW-hourly represented workforce by roughly half.  As a result, UAW monetary concessions at reasonable levels will not likely contribute substantially to solving the companies' short-rurnfinancial...

The exact quote is " Avastin, could raise the risk of blood clots by about 12 percent."

An oral agent that can be used in patients with ITP that have become refractory to steroids, splenectomy and various immunologic manipulations.

A VEGF inhibitor that appears to work well with chemo in non small cell lung carcinoma.

"New data from pivotal FLEX study reveal that patients treated with Erbitux who develop early skin rash show median overall survival of 15 months (p<0.001)" This is the trial that showed Erbitux + chemo prolonged survival minimally when compared to chemo alone. Now we know the ones who develop a...

CVS Caremark (CVS) launched its new Health Savings Pass, which allows customers to buy 90 day supplies of over 400 generics for $9.99 (after paying an enrollment fee of $10). The new program sounds like a logical pre-emptive strike against anticipated share losses. Translation: an old-fashioned, race-to-the-bottom...

Tarceva can maintain a remission in non small cell lung cancer after initial therapy with other agents. Just like Lilly's Alimta

Addition of Zevalin after a CR or PR in low grade, follicular lymphomas adds to CR rates and improves time to progression. The implication is that this will result in improved survivals.