Bayer’s Nexavar gets priority review as thyroid cancer drug

A plant belonging to Germany's largest drugmaker Bayer is seen in LeverkusenFRANKFURT (Reuters) – Bayer's cancer drug Nexavar was given priority review status by U.S. healthcare regulators for the oral drug's use against a difficult-to-treat type of thyroid cancer, the company said on Tuesday. The U.S. Food and Drug Administration aims to complete the priority review within six months, rather than the standard review of about 10 months, Bayer said. …

Eye drug maker Akorn to buy rival Hi-Tech Pharmacal for $640 million

(Reuters) – Generic drugmaker Akorn Inc will buy rival Hi-Tech Pharmacal Co Inc for $640 million to expand its eye drug portfolio to oral liquids and ointments. Akorn will pay $43.50 per Hi-Tech share, representing a premium of 23.5 percent to Hi-Tech’s last close. The all-cash deal will make Akorn the third-largest U.S. generic ophthalmic player and will significantly increase its retail presence in both prescription and over-the-counter products, the companies said in a statement. …

Okla. Surgical Center Reveals Prices

In most industries it is normal to post prices online, but in the medical field it can be almost impossible to pin down the price for a procedure until the bill arrives. As healthcare costs continue to rise at a rate higher than inflation, some experts are hoping that more medical centers will offer transparent pricing so patients can pick lower priced care resulting in reduced overall medical costs.        

Career first, children later: Taiwan women put their eggs on ice

An employee demonstrates the process to extract eggs in a lab at the e-Stork Reproductive Center in HsinchuHSINCHU, Taiwan (Reuters) – Caught between traditional expectations and career pressures, working women in Taiwan are increasingly opting to freeze their eggs at fertility clinics as they postpone marriage and motherhood. Women play a big part in Taiwan's workforce, trailing only New Zealand and Australia for female employment among 14 countries in Asia, a recent report by MasterCard showed. A slowdown in the economy has made job security an even more pressing priority. …

Michigan Senate set to vote on expanding Medicaid under Obamacare

Michigan Governor Rick Snyder talks about the city of Detroit being in a financial emergency state during a meeting with an invited audience at Wayne State University in Detroit,(Reuters) – The Michigan state Senate is expected to vote as early as Tuesday on a bill to expand Medicaid, the health program for the poor, under President Barack Obama's healthcare reform law. Michigan Governor Rick Snyder broke with other Republican governors this year to support Medicaid expansion through Obamacare, and the Senate is expected to approve a version of a bill passed by the state House in June. …

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