MATTHEW PERRONE AP Business Writer WASHINGTON (AP) — A government watchdog will tell Congress Wednesday that the pharmaceutical and medical device industries' billion-dollar spending spree for medical education is threatening the judgment of physicians across the country. Nearly all U.S.
SEAN MURPHY Associated Press Writer OKLAHOMA CITY (AP) — A prominent pharmacist on the State Board of Health was accused in an indictment unsealed Tuesday of knowingly selling drugs used to make methamphetamine, prompting the governor to call for his resignation. Haskell Lee Evans Jr.
EDDIE PELLS AP National Writer The FDA issued a public health advisory Tuesday, warning consumers to stop using products touted as containing steroids or steroid-like substances, many of which are labeled as dietary supplements.
The U.S.-based PATH Malaria Vaccine Initiative (MVI), the United States Agency for International Development (USAID) Malaria Vaccine Development Program (MVDP) and Dutch biopharmaceutical company Crucell N.V.
GREG KELLERAP Business WriterPARIS (AP) — Sanofi-Aventis reported Wednesday a 5 percent increase in second-quarter net profit, due to stronger sales of its diabetes drug Lantus and blood thinners Lovenox and Plavix, which it predicted would boost full-year earnings.
BERLIN — German pharmaceutical and chemical company Bayer AG said Wednesday that its second-quarter profit slipped seven per cent as sagging sales for its plastics division offset better results from its health-care products.
TERESA CEROJANO Associated Press Writer MANILA, Philippines (AP) — The Philippine president, bowing to pressure to reduce the cost of critical medicines, has slashed the price of five essential drugs by half, after pharmaceutical manufacturers ignored an appeal to do so voluntarily.
PITTSBURGH (AP) — Mylan Inc. said Wednesday it promoted chief operating officer Heather Bresch to the post of president. Rajiv Malik will succeed Bresch as chief operating officer.
ValeantPharmaceuticals International has signed adefinitive Sale and Purchase Agreement to acquire Tecnofarma S.A. de C.V., aprivately held company located in Mexico for approximately one times sales.
NEW YORK (AP) — Shire PLC said Tuesday the FDA asked the company for more information on developing attention-deficit hyperactivity disorder drug Intuniv, but did not identify safety concerns or ask for more studies.
The PharmaLIBS™ 250 tablet inspection machine is a laser-based analytical instrument designed for testing solid and oral dosage pharmaceuticals. It is a mobile and user-friendly tool for quick decision-making.
NEW YORK (AP) — Generic drug developer Mylan Inc. said Tuesday the FDA backed up the company's position that employees at a West Virginia facility did not ignore quality control procedures, though the agency disputes the company's claim.
MATTHEW PERRONE AP Business Writer WASHINGTON (AP) — Federal health regulators said Tuesday an experimental psychiatric drug from Schering-Plough Corp. appears to be a safe and effective treatment for patients with schizophrenia and bipolar disorder.
NEW YORK (AP) — Shares of Medicis Pharmaceutical Corp. advanced Tuesday after the company said regulators approved two new doses of its top drug, the acne treatment Solodyn. Medicis said the Food and Drug Administration approved 65 mg and 115 mg doses of acne drug Solodyn.
Abbott has announced a definitive agreement to acquire the nutrition businesses of WockhardtLimited, Carol Info Services Limited, and certain Wockhardt subsidiaries andgroup companies for consideration totaling approximately US$130 million incash.