Archives for May, 2008
Drug Giant Merck Settles Tax Evasion Case for $2.3 Billion
American pharmaceutical giant Merck & Co. has agreed to pay $2.3 billion to the Internal Revenue Service, settling a three-year tax evasion dispute for the tax years 1993-2001.
IRS records say Merck & Co. held offshore accounts in Bermuda for several years to hold patents for two of its drugs, and then used the royalties from [...]
State’s Clean Air Act Saves Lives
Four years after the New York state’s Clean Indoor Air Act was put into effect comes information that New Yorkers are having fewer heart attacks. The Act took effect in July 2003.
A study recently published in the American Journal of Public Health conducted by the state’s Department of Health found 3,813 fewer hospital admissions for [...]
German Migraine Sufferers Refuse Drugs, Ask for Acupuncture Instead
The authors of a large German research study comparing the effectiveness of Acupuncture to the drug metoprolol in treating migraine headaches found that German patients suffering from the dreadful pain and misery of migraine “expressed a strong preference for treatment with Acupuncture” rather than risk the potentially life-threatening side-effects of the drug.
The researchers were forced [...]
Legal Liability, Not Improved Healthcare, May Be Spur to Develop ‘Personalized Medicine’
Legal liability is the driver that could dramatically hasten the development of “personalized medicine”, according to a newly published article by genetics and law experts.
Broadly, personalized medicine is defined as using information about a person’s genetic makeup to tailor strategies for the detection, treatment or prevention of disease. It can specifically refer to the use [...]
What is the Underlying Reason for Hay Fever this Season?
Summer is here, and along with it in many parts of the country come sneezes, itchy eyes and more. It’s called hay fever, a hyper-reaction of our immune systems to air-borne pollen from blooming plants and trees.
If you have hay fever, you are not alone. More than 26 million Americans suffer from hay fever symptoms, [...]
Vertebral Adjustment Lowers Blood Pressure!
The apparent dangers of high blood pressure and the frequent recommendation of prescription drugs to reduce the problem create a seemingly constant flood of both media warnings and advertising. Now, the results of a recent study could shed an entirely different light on the source of the problem.
A study recently concluded in Chicago found that [...]
FBI Files Reveal Chronic Back Pain Led Justice William H. Rehnquist to Drug Addiction
FBI files released though the Freedom of Information Act reveal that late Chief Justice William H. Rehnquist was addicted to the sleep-inducing drug PlacidylTM for more than a decade.
The FBI documents were prepared in 1986 during a routine background investigation when Rehnquist was nominated for Chief Justice, years after his problems with the drug ended. [...]
Connecticut Legislation Would Require Drug Companies to Disclose Gifts, Incentives it Gives Health Care Providers
Connecticut Attorney General Richard Blumenthal has announced a proposal requiring pharmaceutical companies to disclose to the state what gifts and other financial incentives it provides to healthcare providers in order to market its drugs.
Under Blumenthal’s proposed legislation, pharmaceutical companies would have to disclose to the Commissioner of Public Health the gifts and other financial incentives [...]
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