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AstraZeneca rejects Pfizer's final $117bn bid
AstraZeneca rejects Pfizer's final $117bn bid

British drugs giant AstraZeneca rejected on Monday a final takeover bid from US rival Pfizer worth $117 billion, saying it undervalued the firm and created uncertainty and risk for shareholders.

AstraZeneca rejects Pfizer's final $117bn bid
One Sotheby's Realty. ©Reuters
US restauranteur buys Pablo Escobar's Miami house

The owner of a Miami restaurant chain has paid nearly $10 million for a luxurious beach-front home in the US city once owned by famous Colombian drug trafficker Pablo Escobar.

US restauranteur buys Pablo Escobar's Miami house
Peruvian police burn 11 tons of seized drugs
Peruvian police burn 11 tons of seized drugs

Peruvian police on Tuesday burned about 11 tons of drugs confiscated in raids in recent months.

Peruvian police burn 11 tons of seized drugs
©Reuters/Ina Fassbender
Germany's Bayer says new products drive Q1 growth

German chemicals and pharmaceuticals giant Bayer, maker of Aspirin, said on Monday it turned in a better first quarter performance than expected thanks to healthy growth driven by new products.

Germany's Bayer says new products drive Q1 growth
©Reuters/Beawiharta
Fire kills 8 at Russian drug rehab centre: investigators

Eight people were killed on Sunday when a fire ravaged a drug rehab centre in Russia's Altai region, investigators said, raising fresh questions about security standards in the country's medical facilities.

Fire kills 8 at Russian drug rehab centre: investigators
Algeria seizes 8 tonnes of cannabis smuggled from Morocco
Algeria seizes 8 tonnes of cannabis smuggled from Morocco

Algerian security forces have seized more than eight tonnes of cannabis in the port city of Oran, smuggled from neighbouring Morocco, and arrested six traffickers, the police said.

Algeria seizes 8 tonnes of cannabis smuggled from Morocco
©Reuters
Aspirin halves colon cancer risk -- if you have certain gene

Aspirin can reduce the risk of colon cancer by half, but only in people who carry high levels of a specific type of gene, a study found.

Aspirin halves colon cancer risk -- if you have certain gene
Police arrest 250, seize weapons in Argentina
Police arrest 250, seize weapons in Argentina

A series of raids west of Buenos Aires yielded 250 arrests and unearthed firearms and drugs, police said Monday, the second such operation in as many weeks.

Police arrest 250, seize weapons in Argentina
Colombian drug bust seizes over a ton of marijuana
Colombian drug bust seizes over a ton of marijuana

The Colombian Army seized 1.3 tons of marijuana worth nearly a million dollars, allegedly owned by FARC leftist guerrillas, it said Saturday.

Colombian drug bust seizes over a ton of marijuana
Photo © RIA Novosty
Account of undercover operation against Columbian drug mafia in Almaty

The National Security Committee of Kazakhstan held a successful special operation against Columbian drug mafia that attempted to extend their business into Kazakhstan.

Account of undercover operation against Columbian drug mafia in Almaty
Photo © RIA Novosty
Italian drug mule caught in Karaganda leaking heroin

Italian Kyrgyz drug mule has been caught in Karaganda hallucinating from the heroin leaking in his stomach.

Italian drug mule caught in Karaganda leaking heroin
Photo courtesy of genericpharmafinance.com
Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln

Top Indian drug giant Sun Pharmaceutical Industries said Monday it had agreed to buy its troubled peer Ranbaxy for $4.0 billion in stock, ending its ill-fated six-year control by Japan's Daiichi Sankyo.

Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln
©Reuters/Arnd Wiegmann
Novartis replaces top Japan executives over drug trial scandal

Swiss pharmaceutical giant Novartis said Thursday it was replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia treatments from regulators.

Novartis replaces top Japan executives over drug trial scandal
©Reuters/Carlo Allegri
Philip Seymour Hoffman died from drug cocktail

US actor Philip Seymour Hoffman died after taking a cocktail of drugs that included heroin, cocaine and amphetamines, the New York medical examiner's office said Friday.

Philip Seymour Hoffman died from drug cocktail
Mexican drug kingpin Joaquin "Shorty" Guzman. ©Reuters
In Mexico, 2,000 protest for drug lord's release

Some 2,000 people demonstrated in support of Mexican drug kingpin Joaquin "El Chapo" Guzman in his northwestern home state Wednesday, chanting "release him" following his weekend arrest.

In Mexico, 2,000 protest for drug lord's release
A police officer stops a man and a young boy riding on a bike near a site where homicide experts are recovering bodies buried in a mass grave in Tlajomulco de Zuniga. ©Reuters/Alejandro Acosta
17 bodies dumped in Mexico mass grave

Mexican authorities discovered at least 17 bodies dumped in an unmarked grave outside the western city of Guadalajara after arresting a suspected drug trafficker, a state prosecutor said Friday.

17 bodies dumped in Mexico mass grave
Friends, family hold wake for Hoffman
Friends, family hold wake for Hoffman

Friends and family of celebrated actor Philip Seymour Hoffman, who died of an apparent heroin overdose over the weekend, gathered late Thursday to attend a New York wake in his honor.

Friends, family hold wake for Hoffman
Big money awaits Australian drug mule Corby
Big money awaits Australian drug mule Corby

High-profile Australian drug trafficker Schapelle Corby could earn millions of dollars for a tell-all story if she is released from an Indonesian jail Friday, with a bidding war reportedly in full swing.

Big money awaits Australian drug mule Corby
Heroin found in Hoffman's apartment: official
Heroin found in Hoffman's apartment: official

Investigators confirmed Monday that heroin was found in the New York apartment of Oscar-winning actor Philip Seymour Hoffman, who died of a suspected drugs overdose.

Heroin found in Hoffman's apartment: official
Philip Seymour Hoffman. ©Reuters/Max Ross
Actor Philip Seymour Hoffman found dead in New York

Oscar-winning actor Philip Seymour Hoffman was found dead in his New York apartment of an apparent drug overdose on Sunday.

Actor Philip Seymour Hoffman found dead in New York