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The Food and Drug Administration granted Fast Track designation for aducanumab, an experimental Alzheimer's drug created by Cambridge, Mass.-based Biogen, reports the Boston Herald.

Disposable supplies are often left over at the end of neurosurgical procedures. A recent study has identified the costs associated with discarding these opened but unused surgical supplies.

Switzerland-based Novartis will disband its cell and gene therapy unit, incorporating the division's operations into other areas of the company, reported Reuters. The restructuring will eliminate 120 positions,but most of the employees will be reassigned to new roles within the…

Chocolate is not the only thing Nestlé has on its radar. The Swiss company will buy Phagenesis, a Britain-based medical device maker, for an undisclosed amount. The acquisition represents Nestlé's aim to shift more focus away from the food industry…

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