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Pharmaceutical

New drugs launched in UK on the rise

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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

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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

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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

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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
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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

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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

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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

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Increasing price and cost pressure, regulatory changes and expiring patents are leading to shrinking margins in the pharmaceutical industry.
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Operations halted at pharmaceutical plant after discovery of potential explosives

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A pharmaceuticals factory in Wales has been closed following the discovery of potentially explosive chemicals on site.
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Pfizer to acquire NextWave Pharmaceuticals

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NEW YORK — Pfizer Inc. has agreed to acquire NextWave Pharmaceuticals, a specialty pharmaceutical company that specializes in products for the treatment of attention deficit/hyperactivity disorder (ADHD) and related
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