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Pharmaceutical

Lawmakers Push Pharma-Free Drug Pitches

March 12, 2008
According to the Associated press, drug sales representatives may face new competition in hospital halls and doctor offices -- from the federal government.Several states have launched educational campaigns to counteract
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Wyeth to Invest $280M in China Plant

March 10, 2008
Drug maker Wyeth said recently it will invest $280 million in a nutritional plant to be built in China, the Associated Press is reporting.The plant, which will be located in
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Barr Pharmaceuticals Settles With States

February 28, 2008
The Associated Press is reporting that Barr Pharmaceuticals has reached a $6 million settlement with 34 states that sued the company for illegally blocking the sale of a lower-priced
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Merck Whistleblower Wins $68M Award

February 11, 2008
According to the Associated Press, a sales manager who "just couldn''t abide" by the way Merck wanted him to market the drugs Vioxx and Zocor to doctors took the lonely
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Cephalon plans to close plant, cut jobs


January 16, 2008
Drug maker Cephalon Inc. reported recently its plans to close a facility in Eden Prairie, Minn., and consolidate other research and development activities, resulting in the elimination of about 90
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Pfizer''s Lipitor Patent Rejected

January 14, 2008
Drug developer Pfizer Inc. said recently the U.S. Patent & Trademark Office rejected the company''s claim to a basic patent covering the blockbuster cholesterol drug Lipitor, but the treatment will
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Tyson, USDA Agree on Antibiotics Label

January 10, 2008
The Associated Press reported recently that Tyson Foods Inc. has reached an agreement with the U.S. Department of Agriculture over the antibiotics labels on its fresh chicken after federal officials
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Merck to pay $4.85 billion Vioxx settlement

November 12, 2007
The Assoicated Press reports that Merck & Co. will pay $4.85 billion to end thousands of state and federal lawsuits over its painkiller Vioxx in one of the largest drug
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Judge doubles damages in drug pricing case

November 5, 2007
A U.S. judge has ordered pharmaceutical companies AstraZeneca and Bristol-Myers Squibb Co. to pay double damages in a case over false mark ups of U.S. drug prices through 2003, according
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Merck third quarter profit jumps 62 percent

October 22, 2007
Merck & Co. posted a 62 percent increase in its third-quarter profit as the drugmaker''s revenues increased by double digits, while lower administration and overhead costs offset more spending on
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