Senate panel to hold Obamacare hearing on November 5

WASHINGTON (Reuters) - The U.S. Senate Health, Education, Labor, and Pensions Committee plans to hold a hearing on November 5 with Marilyn Tavenner, a top U.S. health official, about the rocky rollout of Obamacare. It marks the first announcement of an oversight hearing in the Democrat-controlled Senate since the glitch-ridden launch of Healthcare.gov on October 1. Tavenner, administrator of the U.S. ...

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Sebelius apologizes for health law rollout fiasco

WASHINGTON (AP) — Health and Human Services Secretary Kathleen Sebelius (seh-BEEL'-yuhs) says she's sorry consumers have wasted so much time dealing with technical problems on the Obama administration's health insurance website.

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Contractor warned health site had limited testing

WASHINGTON (AP) — A major contractor behind the federal health insurance exchange website told the government last month it didn't have enough time to test its product.



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Top U.S. health official apologies for troubled website

WASHINGTON (Reuters) - U.S. Health and Human Services Secretary Kathleen Sebelius on Wednesday apologized to Americans for the flawed launch of the federal government's healthcare insurance website. "You deserve better. I apologize," she told the public at a House of Representatives Energy and Commerce Committee panel hearing. Sebelius also said the administration is committed to fixing the healthcare.gov insurance marketplace and has plan in place to address the technical problems with the website. (Reporting by Susan Heavey; Editing by Vicki Allen)

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Merrimack cancer drug fails mid-stage study, shares fall

(Reuters) - Merrimack Pharmaceuticals Inc said its cancer drug failed to meet the main goal of a mid-stage study in patients with advanced ovarian cancers. Shares of the company fell 10 percent in premarket trading. The drug, used in combination with an approved chemotherapy drug, paclitaxel, failed to improve survival without the cancer progressing in the overall patient population compared with paclitaxel alone. The combination also showed adverse events, including an increase in incidence of diarrhea and vomiting compared with paclitaxel alone.



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Teva Pharm CEO resigns, CFO stands in on interim basis

, the world's largest generic drugmaker, said its chief executive Jeremy Levin was stepping down and finance chief Eyal Desheh would stand in on an interim basis, effective immediately. Earlier this week, Teva and Levin denied an Israeli media report that Levin was considering resigning due to a rift with the company's board of directors. The board of Israel-based Teva "The board and management team are fully committed to the implementation of Teva's strategy, including the development of new compounds, making strategic acquisitions, forming joint ventures and the planned acceleration of the company's cost reduction program," Chairman Phillip Frost said in a statement.



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UK's top court: OK for hospital to stop treatment

LONDON (AP) — Britain's highest court has ruled in favor of a hospital that withheld treatment from a terminally ill man despite the family's opposition.



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