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Pharmaceutical

AstraZeneca, Merck gain share on Glaxo's asthma treatment drug

February 18, 2014
Competition on the U.S. pharmaceutical market has never been more fierce. Generic drugs are taking decisive steps onto the market, gaining a bigger share wherever they are allowed.
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Plastics, polymers to dominate global pharmaceutical packaging market

February 11, 2014
Over the years through 2018, the global pharmaceutical packaging market is predicted to reach $78.79 billion, with Europe, Japan and the U.S. accounting for about 70% of the entire market.
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Mexico's Neolpharma opens R&D facility in Puerto Rico

February 5, 2014
The Center for the Development and Innovation of Pharmaceutical Products, or Cediprof, will focus on research and experimentation of generic drugs.
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Another Ranbaxy facility lands on FDA blacklist

January 29, 2014
The U.S. Food and Drug Administration (FDA) has added Ranbaxy's Toansa plant to the list of Indian facilities included on the consent decree dated January 2012.
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Novo Nordisk locked in legal battle over generic drug

January 16, 2014
Danish pharmaceutical giant Novo Nordisk is being sued by several healthcare purchasing companies that claim the drug maker wrongfully kept generic copies of its diabetes drug Prandin off the market.
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US pharmaceutical spending slightly down from 2012 levels

January 15, 2014
Expenditure on pharmaceuticals in 2013 is predicted to register a minor decline of 0.5% dipping to $341.2 billion from $343 billion in 2012.
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Global spending on medicines to grow by up to 6% per year through 2017

December 11, 2013
The key factors that will drive global drug markets are better access to medicines due to rising disposable income in developing countries and more favorable economic conditions in emerging markets.
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FDA imposes new ban on Wockhardt drugs

December 4, 2013
Indian generic drug maker Wockhardt has been hit by a U.S. import alert for the second time this year.
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FDA seeks to ban dietary supplements unlawfully marketed as drugs

October 29, 2013
The U.S. Food and Drug Administration has taken administrative action against a dietary supplement manufacturer following multiple breaches of the Federal Food, Drug and Cosmetic Act.
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Generics dent market share of brand-name drugs

October 4, 2013
The growth of the generic drug market worldwide may turn out to be a long-term trend, experts say, as a number of studies show a stable decline in prescriptions of brand-name drugs last year.
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