Companies endorse Invitrogen-Applied Biosystems merger
CARLSBAD, Calif. Several advisory firms have endorsed the planned merger between Invitrogen and Applied Biosystems, the companies said Monday.
Invitrogen announced in June that it would buy Foster City, Calif.-based Applied Biosystems for $6.4 billion. The combined company will use the Applied Biosystems name.
“The synergy work we’ve had underway for the last three months has led to a very comprehensive and robust plan that is now locked in by each operation area,” Invitrogen chairman and chief executive officer Greg Lucier said in a statement Thursday.
“I am extremely pleased with the progress we are making.”
HealthPartners site helps Minneapolis area patients estimate healthcare costs
BLOOMINGTON, Minn. A healthcare organization has launched a Web site that quotes prices for 83 procedures at the primary care and radiology centers in its network in the Minneapolis-St. Paul metropolitan area.
The prices listed are for five high-volume service categories, including office visits, immunizations and vaccines, lab services, X-rays and CTs and MRIs. For example, a wrist X-ray at one of the clinics costs $61.60, while an influenza test costs $29.18.
“This is an important step forward in transparency because the information we provide is for specific prices rather than a range,” HealthPartners senior vice president for customer service and product innovation Scott Aebischer said. “This information is particularly useful for members who are paying out-of-pocket fees.”
FDA challenges Bayer’s TV commercial claims about Yaz
NEW YORK The Food and Drug Administration told Bayer in a letter Tuesday that two of the company’s TV commercials for its premenstrual dysphoric disorder drug Yaz are misleading.
The FDA said one commercial suggests the drug is approved for treating post-menopausal syndrome by saying it treats irritability, moodiness and bloating—symptoms common to PMDD and PMS. That commercial, which featured women hitting balloons while singing “We’re not gonna take it,” has been pulled.
The second commercial had the song “Good-Bye to You” and women releasing balloons with symptoms written on them. The FDA said evidence has not demonstrated that Yaz eliminates symptoms, even though the commercial suggests that it does.
Yaz (drospirenone and ethinyl estradiol) had global sales of $1.42 billion in 2007, according to Bayer financial data.