Dec 11, 2012 Online health site WebMD plans to lay off 14 percent of its staff. Drug companies have curtailed ads because lucrative patents have expired.
Oct 8, 2012 Pharmacies linked to meningitis outbreak not regulated by FDA.
Aug 6, 2012 In China, officials have arrested more than 2,000 people involved in the country's vast counterfeit drug industry.
Jul 31, 2012 Pfizer seems to be weathering the loss of its patent for Lipitor just fine. The drug company says its second quarter profit jumped 25 percent. That's despite lower revenue, and competition from generics for its cholesterol-fighting blockbuster.
Jul 18, 2012 Today, a woman in Australia born without arms or legs reached a multi-million dollar settlement with the distributor of Thalidomide, as a previously undiagnosed victim of the drug's side effects. The case may prompt similar legal action for uncompensated victims around the world.
Jul 3, 2012 GlaxoSmithKline, the huge British drug maker, will pay $3 billion in fines and compensation to the U.S. government and the states. According to the Justice Department, it's the biggest settlement in a health-care fraud case in history.
Jun 19, 2012 The merger would result in the first truly global pharmacy drugstore business with 11,000 stores in 12 countries.
Apr 2, 2012 Express Scripts is looking to close a deal to takeover Medco Health Solutions this week. The combined companies will handle the prescription drugs of 135 million Americans. What effect will that have on pharmacy drug prices?
Jan 9, 2012 The Swiss drugmaker Novartis has just issued a recall of certain bottles of some very common over-the-counter drugs, including Excedrin, NoDoz, and Gas-X.