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Amgen wins approval for cholesterol drug Repatha

Amgen has won federal approval for the second medicine in a new class of pricey biotech drugs that reduce artery-clogging cholesterol.
Source: The Associated Press
Illinois man denies cancer drug smuggling conspiracy charge

Magistrate Judge Jeremiah Lynch for arraignment in Missoula. Federal prosecutors accuse Canadadrugs.com, its CEO Kristjan Thorkelson and its affiliated companies and associates of selling $78 million in prescription drugs, primarily cancer treatment drugs, to U.S. doctors. "Canada Drugs purchased its inventory from questionable sources and ultimately...
Source: The Associated Press
More Americans face hard choice: Rx or groceries

One-third of people who use prescription drugs are paying almost $40 more per order this year and are reacting by cutting costs elsewhere.
Source: CNBC.com | By: Dan Mangan
YOUR MONEY-Coming soon to a screen near you: Doctors

NEW YORK, Aug 12- When the great summer cold hit my family, we hunkered down with soup, tissues and TV. It is part of a booming industry that is attracting venture capital and is expected to save U.S. companies more than $6 billion a year in healthcare costs, according to consultant Towers Watson. You do not have to wait for your employer or insurance company to provide...
Source: Reuters | By: Beth Pinsker
UPDATE 2-Lexus plans a second 'flagship' model to augment LS sedan

TRAVERSE CITY, Mich., Aug 5- Toyota Motor Corp's Lexus brand is planning to launch a second top-of-the-line "flagship" model to accompany a new generation of its LS sedan, the head of the brand's U.S. operations told Reuters on Wednesday. Rival luxury car makers have been winning customers with vehicles such as Tata Motors' Land Rover brand, the Cadillac Escalade from...
Source: Reuters | By: Joseph White
CVS will no longer cover Viagra

Discount retail chain CVS will no longer include Pfizer's Viagra in its list of drug insurance benefits, CNBC confirmed on Wednesday.
Source: CNBC.com | By: Reem Nasr
UPDATE 1-Lexus plans a second 'flagship' model, hints at large SUV

TRAVERSE CITY, Mich., Aug 5- Toyota Motor Corp's Lexus brand is planning to launch a second top-of-the-line "flagship" model to accompany a new generation of its LS sedan, the head of the brand's U.S. operations told Reuters on Wednesday. Bracken noted the success of luxury sport utility vehicles such as Tata Motors' Land Rover brand, the Cadillac Escalade from...
Source: Reuters | By: Joseph White