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India

Healthcare

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UPDATE 5-Amazon, Berkshire, JPMorgan name Atul Gawande CEO of healthcare venture

NEW YORK, June 20 Well-regarded surgeon and author Atul Gawande, a critic of his industry's medical practices, will lead the new company being formed by Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co that aims to cut U.S. employee healthcare costs, the companies said on Wednesday.

3:23am IST

Former Puma Biotech exec gets U.S. prison term for insider trading

BOSTON, June 20 A former Puma Biotechnology Inc executive was sentenced on Wednesday to 2-1/4 years in prison for trading on inside information ahead of announcements by the biopharmaceutical company about a breast cancer drug it was developing.

1:52am IST

UPDATE 1-Unjustified medication shortened 456 lives in a UK hospital, report says

* Families suffered "unimaginable heartache", PM May says (Adds detail, quotes)

20 Jun 2018

UPDATE 1-Germany, France agree on harmonisation of corporate tax systems

* Initiative may be resisted by some other member states (Adds finance ministry on tax revenue effects, BDI reaction)

CORRECTED-OxyContin maker Purdue Pharma cuts remaining sales force

June 20 OxyContin maker Purdue Pharma LP, facing a wave of lawsuits blaming it for helping fuel the U.S. opioid epidemic, said on Wednesday it had laid off about 350 employees this week including the remainder of its already-downsized sales force.

20 Jun 2018
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