Cristin Flanagan, Author at Providence Business News

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EARLY RESULTS FROM early results from an experimental therapy developed by Amgen showed promise in colon cancer. / BLOOMBERG FILE PHOTO

Amgen stock climbs on cancer drug promise

Technology 07/31/2019

NEW YORK – Shares of Amgen Inc. rose as much as 2.3% in pre-market trading after early results from an experimental therapy showed promise...

CVS Health plunge leaves Street clamoring for long-term clarity

Economic Activity 04/30/2019

NEW YORK – CVS Health Corp. has a chance to spur a recovery when it reports first-quarter earnings Wednesday. Shares were hammered after a...

DRUGMAKERS ARE PREPARING to raise prices Jan. 1 following promises that they wouldn’t raise their prices in 2018. / BLOOMBERG NEWS FILE PHOTO/KIYOSHI OTA

Pharma prepares to raise prices in 2019 with a wink to...

Government 12/20/2018

NEW YORK - Drugmakers are getting ready to raise prices Jan. 1 on a broader swath of medicines than in prior years, according to Bernstein...

HOSPITALS have been closing at a rate of about 30 a year, according to the American Hospital Association. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

U.S. hospitals shut at 30-a-year pace, with no end in sight

Health Services 08/21/2018

NEW YORK - Industry merger and acquisition may be no savior as the pace of hospital closures, particularly in hard-to-reach rural areas, seems poised to...

CVS HEALTH'S stock dipped Monday after a Trump official said that PBMs role in the health care industry was hurting patients. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Drug plans drop as Trump official targets PBMs ahead of speech

Health Services 05/07/2018

NEW YORK - Shares of CVS Health Corp. and Express Scripts Holding Co. slipped Monday after one of the Trump administration’s top health-care officials said...