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New rules from U.S. Treasury Department that reduce incentives for U.S. companies to incorporate overseas have thrown uncertainty into Medtronic’s planned merger with Ireland’s Covidien, and could make the deal less sweet. Read More
The Obama administration said it will offer up to $20 million for the development of a rapid diagnostic to identify highly resistant bacterial infections at the point of care. Read More
Jury members in an ongoing bellwether trial over Johnson & Johnson’s Pinnacle hip system will be allowed to consider testimony from an expert who said the company should have known the product was unsafe, a judge ruled recently, landing a blow to the defense. Read More