PHARMACY

If reached, the deal would value Oak Street at more than $10 billion, including debt, according to a Bloomberg report.

Heyward Donigan is departing from the company as president and CEO.

Novartis AG agreed to pay $245 million to end antitrust litigation accusing the company of trying to delay the launch of generic versions of the drug Exforge in the United States.

Sorafenib tablets are used to treat a type of liver cancer called hepatocellular carcinoma, which cannot be removed by surgery.

The Food and Drug Administration made the decision to allow retail pharmacies to offer abortion pills.

The company received approval for solifenacin succinate tablets, ranolazine extended-release tablets and sildenafil for oral suspension.

The Consolidated Appropriations Act will increase competition from generic and biosimilar medicines and enhance patient access to lower cost prescription drugs.

The United States Court of Appeals for the Federal Circuit has granted a motion to temporarily enjoin the generic launch by Teva and Apotex of Hetlioz.