Medicine


Eli Lilly to Trim Workforce by Nearly 9 Percent

Eli Lilly will slash its global workforce by nearly 9 percent as the drugmaker closes some research sites and pushes to trim fixed costs. The Indianapolis company said Thursday it…

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Express Scripts to Limit Opioids; Doctors Concerned

Express Scripts, the nation’s largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb…

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Teva Earnings Drop, Share Price Tumbles

After registering dismal second-quarter results, Teva Pharmaceutical Industries announced a global belt-tightening on Thursday that will see thousands of layoffs and factory closings in 45 countries, Globes reported. News that…

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A Strong 2Q for Merck, Outlook Mixed

Sustained cost cuts helped push Merck’s second-quarter profit up 61 percent, easily topping Wall Street expectations, as growing sales of new cancer and hepatitis C medicines offset growing generic competition…

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Could Prozac Be a Treatment for Children With Autism?

After drinking mother’s milk spiked with the antidepressant Prozac for 19 days, infant mice bred to mimic the distinctive behaviors and brain abnormalities seen in autism experienced dramatic improvements in…

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Supreme Court Sides With Bristol-Myers in Plavix Lawsuit

The Supreme Court says hundreds of out-state-residents can’t sue drugmaker Bristol-Myers Squibb Co. in California state court over adverse reactions to the blood thinner Plavix. The justices ruled 8-1 Monday…

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Teva Migraine Drugs Pass Tests

Teva Pharmaceutical Industries has racked up successes in clinical trials of a drug for treatment of chronic and acute migraine headaches, Globes reported on Sunday. The company announced that patients…

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