AFP - Prosecutors in California have said they are looking into a possible link between the death of Canadian actor Corey Haim and an illegal trade in prescription drugs.
Medco Health got compensation worth $13.3M in 2009
(AP)
AP - Pharmacy benefits manager Medco Health Solutions Inc. said even though its CEO took a 7 percent pay cut in 2009, he still received $13.3 million in total compensation, according to Associated Press calculation of figures filed with regulators.
Ligand, Glaxo drug gets European approval
(AP)
AP - Ligand Pharmaceuticals Inc. said Friday that partner GlaxoSmithKline gained European regulatory approval to sell the blood disorder drug Revolade.
Pfizer ends study on potential lung cancer drug
(AP)
AP - Pfizer Inc. said Thursday it discontinued a late-stage study of the drug candidate figitumumab in patients with late-stage lung cancer, citing a lack of effectiveness.
Watson says FDA approves 6-month dose Trelstar
(AP)
AP - Watson Pharmaceuticals Inc. said the Food and Drug Administration approved a six-month dose of the prostate cancer drug Trelstar, which already was available in one- and three-month doses.
Astra boosts generic exposure with Torrent deal
(AP)
AP - AstraZeneca PLC announced a supply partnership with India's Torrent Pharmaceuticals on Thursday, its first such link with a generic drugmaker as it seeks to boost its presence in emerging markets and counter patent losses on blockbuster medicines.
Affymax receives $5M payment for drug development
(AP)
AP - Biotechnology company Affymax Inc. has received a $5 million milestone payment from Takeda Pharmaceutical Co. for the development of a potential anemia treatment.
CVS Caremark declares quarterly dividend
(AP)
AP - Store and mail-order pharmacy operator CVS Caremark Corp. said Wednesday it would pay a quarterly dividend of 8.75 cents per share on May 4 to shareholders of record as of April 23.
Pharmaceutical group spent $6.3M lobbying in Q4
(AP)
AP - The pharmaceutical industry's main trade group spent $6.3 million in the fourth quarter lobbying Congress, the White House and multiple government agencies on health care provisions and related issues, according to a quarterly disclosure report.
Walgreen reportedly in drug plan talks with Delta
(AP)
AP - Media reports on Wednesday indicated drugstore chain Walgreen Co. is in talks about a plan to offer prescription drugs directly to employees of Delta Air Lines Inc.
Generic drugmaker Teva names Frost as chairman
(AP)
AP - Generic drugmaker Teva Pharmaceutical Industries Ltd. said Tuesday it has appointed vice chairman Dr. Phillip Frost to serve as chairman of its board.
Mass. father casts blame in daughter's drug death
(AP)
AP - The Massachusetts man accused of killing his 4-year-old daughter by overmedicating her with prescription drugs is blaming his wife and a psychiatrist for the girl's death in 2006.
Hot News