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Pharmaceutical

Bayer confident of business growth with new drugs

March 7, 2013
German chemical and pharmaceutical giant Bayer has developed an ambitious program that aims to cement the company's position among the leading names in the global pharmaceutical industry.
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Reckitt hit by FDA approval of rival drugs

February 28, 2013
The U.S. Food and Drug Administration (FDA) has given the green light to two generic versions of Suboxone, a drug used for treating heroin addiction, manufactured by Reckitt Benckiser.
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New drugs launched in UK on the rise

February 27, 2013
Recent research by a team of scientists at Birmingham University in central England has dismissed fears that British patients might have to cope with a shortage of drugs.
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Merck to pay $8.5 million to settle Vioxx case in Pennsylvania

February 25, 2013
New Jersey-based pharmaceutical giant Merck & Co. has agreed to pay $8.5 million to the state of Pennsylvania to settle allegations that it inappropriately marketed its painkiller Vioxx.
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Engineer suffers chemical burns at GlaxoSmithKline plant

February 20, 2013
A 20-year-old engineer suffered chemical burns Tuesday in an industrial accident at a GlaxoSmithKline (GSK) plant.
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Asia offers big business opportunities to pharma companies

February 12, 2013
Asia is emerging as a strategically important location for global pharmaceutical companies that are looking to take advantage of the opportunities available in terms of R&D, manufacturing and market.
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Pharm industry sales to top $1.2 trillion by 2016

Globalization impacts demand and production of pharmaceuticals
February 5, 2013
Pharmaceutical manufacturers today face a considerable checklist of significant challenges, including the fight against counterfeiting, reducing costs through offshore manufacturing and maintaining product integrity.
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Pharma companies set high hopes for 2013

February 4, 2013
Following the approval of 39 new drugs in 2012, and with a number of new pharmaceutical products already in their final stages of development, global pharma companies are optimistic about the next 12 months.
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FDA to tighten control on painkillers

February 1, 2013
The U.S. Food and Drug Administration (FDA) is considering measures to make prescription drugs more difficult to access in a move to prevent overdoses associated with painkillers like OxyContin and Opana, which killed 16,000 people in 2010 alone.
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Pharmaceutical industry in strategic crisis, report says

January 10, 2013
Increasing price and cost pressure, regulatory changes and expiring patents are leading to shrinking margins in the pharmaceutical industry.
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