Pharmaceutical Companies

Big Pharma Raised Top Drug Prices By 7.8 Percent In 2007

Wall Street Journal | HEATHER WON TESORIERO | Posted 03.28.2008 | Business


The pharmaceutical industry has been a frequent target in the current presidential campaign, but that hasn't stopped it from continuing to aggressivel...

Overmedication Nation

The New York Times | Judith Warner | Posted 03.28.2008 | Living


This storyline persists despite the fact that government research has repeatedly shown that most adults and children with mental health issues don't g...

The Stop-Smoking Drug That Could Make You Crazy

New York Magazine | Derek de Koff | Posted 03.28.2008 | Living


Things were looking good. My doctor had gone through the test results and told me I was perfectly healthy--except my breathing was a little shallow. T...

Merck Settles With Govt Over Rebates

AP | LINDA A. JOHNSON | Posted 03.28.2008 | Business


TRENTON, N.J. — In one of the biggest U.S. health care fraud settlements ever, Merck & Co. will pay $671 million to settle claims it overcharged...

Wyeth Sues Teva Over Heartburn Drug

AP | DAMIAN J. TROISE | Posted 03.28.2008 | Business


A patent dispute over the heartburn drug Protonix escalated Monday when Wyeth said it will sue to recover lost profits from sales of Teva Pharmaceutic...

Novartis To Cut 2,500 Jobs

AP | Posted 03.28.2008 | Business


Novartis AG will cut 2,500 jobs worldwide by 2010 in an attempt to save $1.6 billion, the drug maker said Thursday. The company said it would take a ...

Big Pharma Frets As Major Patent Expirations Loom

Wall Street Journal | BARBARA MARTINEZ, JACOB GOLDSTEIN | Posted 03.28.2008 | Business


Over the next few years, the pharmaceutical business will hit a wall. Some of the top-selling drugs in industry history will become history as patent...

Bristol-Myers To Cut 4,300 Jobs

BBC News | Posted 03.28.2008 | Business


US drugmaker Bristol-Myers Squibb says it will cut its 43,000-strong workforce by 10% and close half of its 27 manufacturing plants to save $1.5bn. T...