Category: Health Care

By Michael Bradley There are 3,000 falcons spread throughout the United Arab Emirates that owe their pain-free flight to a laser treatment from Litecure, a Newark-based technology company with a pioneering solution for injury recovery. The 10-year-old company has customers in 40 different countries and has helped countless people and creatures of all kinds shorten…

The rating agency Standard & Poor’s gave Highmark Inc., the largest health insurer in Delaware, a credit rating bump in its latest review of the company. The health insurer went from “stable” to “positive,” according to the review. Headquartered in Pittsburghh, Pennsylvania, Highmark enrolls over 60,000 people in Delaware. “The positive outlook reflects our view…

GEORGETOWN, Del. (AP) — Industry officials are urging poultry growers on the Delmarva peninsula to take extra precautions following a bird flu outbreak in a commercial breeder flock in Tennessee. The U.S. Department of Agriculture says 73,500 chickens were destroyed at a Tennessee farm because of H7 avian influenza, and that 30 other farms within…

Incyte, the Delaware-based pharmaceutical research firm, has joined the S&P 500 Index. The index includes the most-owned stocks on the New York Stock Exchange and Nasdaq, the two largest exchanges in the United States. Incyte pushed out Spectra Energy Corp, a natural gas company in the midst of an acquisition by Enbridge. There are now two…

WILMINGTON, Del.—The U.S. Food and Drug Administration has approved AstraZeneca’s QTERN for the treatment of type 2 diabetes. The new medicine aims to improve blood-sugar-level control in adults with type 2 diabetes who have inadequate control with dapagliflozin or who are already treated with dapagliflozin and saxagliptin. “Type 2 diabetes is a complex disease that…

Incyte Corp, a pharmaceutical research company focused on developing cancer therapies, announced this morning that it’s partnering with the Abramson Cancer Center at the University of Pennsylvania, a hub for cancer research. The goal of the collaboration is to share the knowledge and expertise of top drug discovery and development scientists. In the long-term, the…

Incyte Corporation, one of the region’s largest pharmaceutical companies, today reported fourth-quarter and year-end financial gains for 2016. The company attributes the success, in part, to the growth of a few key products and the expansion of its global footprint. For the quarter ended December 31, total revenues were $326 million as compared to $244…

WILMINGTON (AP) — Nemours Children’s Health System says an agreement has been reached with the DuPont Co. for Nemours Biomedical Research to lease space at DuPont’s Experimental Station in Wilmington. Officials announced Thursday that Nemours will lease roughly 85,000 square feet on two floors in a building on the Experimental Station campus, which is adjacent…

DOVER (AP) — State insurance officials say they are investigating a data breach involving two subcontractors of Highmark BlueCross BlueShield of Delaware. Officials announced in a statement Friday that the data breach involves Summit Reinsurance Services and BCS Financial Corporation and affects about 19,000 Delawareans with employer-paid plans. Summit said in a notice sent to…