Pharmaceuticals

So half the dose should mean half the price, right?

Demand for animal drugs is rising amongst pet owners and livestock and poultry farmers.

Online health site WebMD plans to lay off 14 percent of its staff. Drug companies have curtailed ads because lucrative patents have expired.

Pharmacies linked to meningitis outbreak not regulated by FDA.

In China, officials have arrested more than 2,000 people involved in the country's vast counterfeit drug industry.

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.

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.

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.

The merger would result in the first truly global pharmacy drugstore business with 11,000 stores in 12 countries.

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?