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New York City-based Pfizer earned approval from the Food and Drug Administration for its topical drug Eucrisa, reports Reuters.

Here are the five latest drugs or medical devices approved by the Food and Drug Administration.

While hospitals are not factories and patients are not cars, health systems can learn valuable logistics lessons from the automotive and retail industries, according to Mark Graban, author of the book Lean Hospitals.

Indianapolis-based Eli Lilly unveiled Tuesday a new discount program for its insulin products. Under the program, which begins in January, patients who pay full price for insulin will be able to access a 40 percent discount, reports the Chicago Tribune.

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