Pharmaceutical


The Upshot of an Increase In Allergic Reactions

According to a new report from the Blue Cross Blue Shield Association, whose researchers looked at almost 10 million children in the U.S., the rate of emergency room visits due…

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Canadian Pharmacy Fined $34 Million for Illegal Imports

An online pharmacy that bills itself as Canada’s largest was fined $34 million Friday for importing counterfeit cancer drugs and other unapproved pharmaceuticals into the United States, a sentence that…

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Pfizer, Riding Tax Changes, Puts Up Huge 4Q Profit

Pfizer’s fourth-quarter profit soared to $12.27 billion, thanks to a huge tax benefit related to the U.S. tax system overhaul. The biggest U.S. drugmaker on Tuesday reported an $11.34 billion…

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New Jersey Sues OxyContin Maker, Claims It Misled Public

New Jersey filed a lawsuit Tuesday against the company that manufactures OxyContin, claiming a “direct link” between the state’s opioid crisis and the firm’s deceptive marketing practices. State Attorney General…

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Troubled Teva Hires CEO with Turnaround Experience

Teva Pharmaceuticals chose a new CEO on Monday, a Danish executive who was lauded for among other things his “turnaround experience,” Globes reported. After thrashing about for six months in…

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Knesset Tells Teva: Freeze Layoffs — Or Else

The Knesset Finance Committee has given Teva Pharmaceuticals an ultimatum: Either hold off on 350 planned layoffs to allow for talks with the workers, or face tough scrutiny of the…

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