Pharmaceuticals
India bans Pfizer, Abbot cough syrups; shares tank
14 Mar 2016
The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling
European regulator approves Teva’s $40.5-bn Allergan drug unit deal with conditions
11 Mar 2016
The European Commission yesterday approved Teva Pharmaceutical Industries' $40.5-billion acquisition of the generics drug unit of Allergan on condition that it divests some Allergan products in the UK and Ireland
Govt panel recommends cap on profits to control drug prices
09 Mar 2016
The committee set up by the Department of Pharmaceuticals has recommended capping of trade margins of costly drugs at 35 per cent of maximum retail price
End-game for dengue as Indian scientists develop herbal remedy
09 Mar 2016
Indian scientists have developed an effective herbal medicine for the treatment of dengue, in what could be a potent remedy to the disease that affects millions of people within the country and across the world
Whistleblower Dinesh Thakur takes pharma regulators to court
07 Mar 2016
Dinesh Thakur exposed how India's then largest drugmaker and his former employer, Ranbaxy Laboratories, failed to conduct proper safety and quality tests on drugs and lied to regulators about its procedures
Drug firms ripping off patients with fixed doses?
04 Mar 2016
The US federal Medicare programme and private health insurers waste nearly $3 billion every year buying cancer medicines that are thrown out because many drug makers distribute the drugs only in vials that hold too much for most patients, a group of cancer researchers has found
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