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The Food and Drug Administration approved Shire's new treatment for the signs and symptoms of dry eye disease.

AbbVie's popular arthritis drug Humira is a powerhouse, producing $14 billion in annual sales to make up 60 percent of the drugmaker's revenue. However, generic versions of the drug are around the corner, threatening Humira's domination in the market, according…

Kevin Tracey, MD, president of the Feinstein Institution for Medical Research in Manhasset, N.Y., believes bioelectronic medicine could have widespread use within the next five to 10 years, according to The Wall Street Journal.

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