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Former Pharma Exec Gets 16 Months in Inside-Trader Case

April 22, 2014 2:37 pm | News | Comments

A former pharmaceutical executive has been sentenced to 16 months in prison for his role in an insider trading scheme. John Lazorchak was sentenced Tuesday in federal court in Newark, N.J.           

Court Declines to Block Drug Ruling in Patent Case

April 18, 2014 4:35 pm | by The Associated Press | News | Comments

The Supreme Court has declined to temporarily block a lower court ruling that opens the world's...

EMA Provides Update on Stolen Vials of Herceptin

April 18, 2014 8:26 am | News | Comments

Italian law enforcement authorities are currently investing the theft. However, the situation...

Astellas to Pay $7.3M Settlement

April 17, 2014 8:16 am | News | Comments

The U.S. Justice Department announced Wednesday that Astellas will pay $7.3 million to resolve...

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Former NJ Drug Execs Sentenced in Stock Scheme

April 17, 2014 8:12 am | News | Comments

Two former pharmaceutical and medical technology firm executives have been sentenced for their involvement in an insider trading scheme.                   

GlaxoSmithKline Discloses New Bribery Inquiries

April 16, 2014 12:40 pm | by The Associated Press | News | Comments

British drugmaker GlaxoSmithKline is looking into allegations of bribery within its operations in Jordan and Lebanon. The company said Wednesday that it started looking into the conduct of "a small number of individuals" in December. It says the investigation is ongoing.

Judge Blocks Massachusetts Ban on Painkiller

April 16, 2014 8:26 am | by STEVE LeBLANC, Associated Press | News | Comments

The judge issued a preliminary injunction Tuesday after Zogenix argued in a lawsuit that the ban issued by Gov. Deval Patrick is unconstitutional. The judge said Massachusetts appears to have overstepped its authority in banning a federally approved medication.

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Ruling on Massachusetts Ban on Painkiller Pending

April 15, 2014 8:10 am | by PHILIP MARCELO, Associated Press | News | Comments

Massachusetts' ban of a powerful new painkiller, Zohydro, remains in effect for now. U.S. District Court Judge Rya Zobel heard more arguments Monday in a lawsuit that claims the state is overstepping its authority in restricting drug use within Massachusetts in violation of the U.S. Constitution.

Report: Glaxo Bribed Doctors in Poland

April 14, 2014 9:25 am | News | Comments

The BBC reports that pharmaceutical company GlaxoSmithKline is accused of bribing doctors to prescribe medicines in Poland. A "Panorama" show to air Monday evening quotes a former sales representative for the company saying doctors there were paid to prescribe its drugs.

NJ Men Sentenced for Roles in Pharmaceutical Insider Trading Case

April 10, 2014 8:30 am | News | Comments

Two New Jersey men who prosecutors say were primary players in a network that illegally traded on insider tips from pharmaceutical executives have been sentenced to prison.              

Zohydro Ban Raises Constitutional Questions

April 9, 2014 11:32 am | by PHILIP MARCELO, Associated Press | News | Comments

Gov. Deval Patrick defended the state's first-in-the-nation ban of the powerful new painkiller Zohydro after a federal judge suggested in court that his administration may have overreached.                  

Jury Hits Takeda, Eli Lilly with $9B Penalty

April 8, 2014 11:40 am | by YURI KAGEYAMA, AP Business Writer | News | Comments

A U.S. jury ordered Japanese drugmaker Takeda Pharmaceutical Co. and its U.S. counterpart, Eli Lilly and Co., to pay $9 billion in punitive damages over a diabetes medicine linked to cancer. The drug companies said Tuesday they will "vigorously challenge" the decision.

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Zohydro Maker Sues To Block Massachusetts Ban

April 8, 2014 11:36 am | by Associated Press | News | Comments

The maker of Zohydro, a controversial new prescription painkiller, has filed a lawsuit in federal court seeking to block Massachusetts' ban on local doctors prescribing and dispensing the drug.                       

Arkansas Asks Court To Reconsider Drug Ruling

April 8, 2014 11:31 am | by ANDREW DeMILLO, Associated Press | News | Comments

Arkansas Attorney General Dustin McDaniel asked the state Supreme Court on Monday to reconsider its decision tossing out a $1.2 billion judgment against drugmaker Johnson & Johnson, saying justices did "significant harm" to the state and broke from 170 years of precedent.

Vermont Restricting Access to Powerful Painkillers

April 4, 2014 9:01 am | by BETH GARBITELLI, Associated Press | News | Comments

The state is restricting access to a new class of narcotic painkillers that law enforcement and public health officials across the country fear could worsen drug abuse.              

Texas Officials Offer Little Evidence of Threats to Execution Drugmakers

April 4, 2014 8:16 am | by BAILEY ELISE McBRIDE, Associated Press; NOMAAN MERCHANT, Associated Press | News | Comments

Texas prison officials have offered scant evidence to support their claim that pharmacies that supply the state with execution drugs would be in danger of violence if their identities were made public.        

Arkansas to Ask Court to Reconsider Drug Fine

April 3, 2014 6:29 pm | by Andrew Demillo - Associated Press - Associated Press | News | Comments

Arkansas Attorney General Dustin McDaniel said Thursday he plans to ask the state Supreme Court to reconsider its decision tossing out a $1.2 billion judgment against drugmaker Johnson & Johnson over the marketing of the antipsychotic drug Risperdal.

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Maine Supreme Court Upholds HoltraChem Cleanup

April 3, 2014 3:31 pm | News | Comments

A pharmaceutical company must complete the cleanup of the former HoltraChem Manufacturing Co. plant in Orrington, Maine's highest court said Thursday.                 

Ex-Virginia Attorneys General: Drop McDonnell's Charges

April 3, 2014 3:04 pm | by LARRY O'DELL, Associated Press | News | Comments

Five former Virginia attorneys general have asked a federal judge to consider their argument that public corruption charges against ex-Gov. Bob McDonnell should be dismissed. The former Republican governor and his wife Maureen are charged in a 14-count indictment with accepting more than $165,000 from Jonnie Williams, the former CEO of dietary supplements maker Star Scientific in exchange for helping promote his products.

NYC Doctor on Trial in Patients' Overdose Deaths

April 3, 2014 8:33 am | by JENNIFER PELTZ, Associated Press | News | Comments

The manslaughter case — believed to be the first in New York against a doctor in an overdose death — illustrates the growing reach of criminal prosecutions against physicians amid concerns about prescription drug abuse.     

Hobby Lobby 401(k) Invests in Birth Control Makers

April 3, 2014 8:17 am | by SAM HANANEL, Associated Press | News | Comments

The company leading the legal challenge against birth control coverage under the new health care law offers its workers a retirement plan that includes investments in companies making contraceptive and abortion drugs.      

Novartis Top Management Quits Over Involvement in Clinical Study

April 3, 2014 8:04 am | News | Comments

Novartis Pharma K.K. said Thursday its president Yoshiyasu Ninomiya and two other top executives have resigned to take responsibility for its employees' inappropriate involvement in a clinical study led by medical doctors.     

US Court Backs Patent for Eli Lilly's Alimta

April 1, 2014 8:52 am | News | Comments

A federal court has upheld the patent that protects Eli Lilly's lung cancer treatment from generic competition until 2022.                       

Supreme Court Takes Up Drug Company Dispute

March 31, 2014 10:11 am | News | Comments

The justices agreed Monday to hear an appeal from Teva Pharmaceutical Industries Ltd., which claims the U.S. Court of Appeals for the Federal Circuit wrongly overturned five of its patents for the drug Copaxone.      

Judge Won't Dismiss 'Pink Slime' Defamation Suit

March 28, 2014 8:35 am | News | Comments

A South Dakota judge on Thursday refused to throw out a defamation lawsuit against ABC related to its coverage of a meat product called lean, finely textured beef, which critics have dubbed "pink slime."        

Texas Must Tell Attorneys Execution Drug Supplier

March 28, 2014 8:02 am | by MICHAEL GRACZYK, Associated Press; PAUL J. WEBER, Associated Press | News | Comments

A judge ordered Texas prison officials Thursday to disclose the supplier of a new batch of lethal injection drugs to attorneys for two inmates set to be executed next month, but she stopped short of revealing the identity of the manufacturer to the public.

Mylan Wins Breach of Contract Case Against GSK

March 27, 2014 8:50 am | News | Comments

Mylan has announced that, after a trial in the United States District Court for the District of New Jersey, a jury returned a verdict in favor of Mylan in its breach of contract lawsuit against GSK relating to Paroxetine Hydrochloride Extended-release (ER) Tablets.

Women: J&J Trashed Records in Product Injury Suits

March 26, 2014 1:33 pm | by The Associated Press | News | Comments

Lawyers and advocates for women alleging Johnson & Johnson products injured them are urging the U.S. Justice Department to investigate their claims the health care giant deliberately destroyed many documents critical to the lawsuits.   

Ex-Virginia Governor, Wife Request Separate Trials

March 26, 2014 12:36 pm | by Larry O'dell - Associated Press - Associated Press | News | Comments

The McDonnells are charged with accepting more than $165,000 in gifts and loans from Jonnie Williams, the former CEO of dietary supplements maker Star Scientific Inc., in exchange for helping promote his products. They have pleaded not guilty, and a jury trial estimated to last five weeks is scheduled to begin July 28.

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