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17 people died as a result of an explosion at a pharmaceutical factory Tengrinews.kz – A powerful explosion occurred at a pharmaceutical plant in the Indian state of Andhra Pradesh, resulting in at least 17 deaths

22 August 2024

Biotech stocks fall as Clinton slams high drug prices Biotech stocks took a hit after Democratic presidential frontrunner Hillary Clinton pledged to take action against runaway price increases on specialty drugs.

22 September 2015

French drugmaker delivers first semi-synthetic malaria drugs French pharmaceutical giant Sanofi announced the delivery of the first anti-malaria drugs to millions of patients in Africa.

13 August 2014

FedEx indicted for shipping illegal online pharmacy meds The US Justice Department announced that package-delivery giant FedEx has been indicted for allegedly facilitating the distribution of controlled substances and prescription drugs sold by illegal online pharmacies.

19 July 2014

Japan prosecutors arrest ex-Novartis employee over data Prosecutors on Wednesday arrested a former employee of the Japanese unit of Swiss pharmaceutical giant Novartis for allegedly manipulating research data to exaggerate the benefits of a popular blood-pressure drug.

11 June 2014

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.

29 April 2014

GSK, Novartis unveil major healthcare revamp British pharmaceutical giant GlaxoSmithKline and Swiss peer Novartis announced a major shake-up of their healthcare divisions on Tuesday in deals worth billions of dollars.

23 April 2014

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.

07 April 2014

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.

03 April 2014

New Japan research scandal brewing over Alzheimer's study Japan's health ministry said Friday it was probing claims falsified data was used in an Alzheimer's disease study involving major pharmaceutical firms, a day after filing an unrelated criminal complaint against Swiss drugs giant Novartis.

10 January 2014

Japan's top drugmaker appoints first foreign boss Japan's top drugmaker said Saturday it had picked a GlaxoSmithKline executive as its next president in a rare example of overseas head-hunting by a major Japanese firm.

01 December 2013

GSK to seek green light for malaria vaccine British drug maker GlaxoSmithKline (GSK) said on Tuesday it hoped to get the green light for a prototype vaccine against malaria after trials showed it offered children a partial shield against the disease.

08 October 2013

China details charges against foreign fraud investigators Chinese state television put two foreign fraud investigators on display Tuesday as police announced they had been charged with illegally obtaining personal information.

27 August 2013

US fines Wyeth $490.9 mn for illegal drug marketing Wyeth Pharmaceuticals has pleaded guilty to misbranding a drug that prevents the rejection of organ transplants and agreed to pay $490.9 million.

31 July 2013

Pfizer to invest in clinical tests in Kazakhstan The pharmaceutical giant will invest in development of clinical test centers in Kazakhstan.

14 June 2013

Poorest WTO members win new patent-rule waiver The globe's poorest nations have won an eight-year extension of a waiver on intellectual property rules, but still need to hold talks on the vexed issue of pharmaceutical patents.

13 June 2013

UPS to pay $40 million for illegal pharma shipments UPS Friday agreed to forfeit $40 million and implement a compliance program after a Department of Justice probe found the company delivered drugs on behalf of illegal online pharmacies.

30 March 2013

Kazakhstan’s pharmaceutical market to grow 15 percent in 2013 The volume of Kazakhstan pharmaceutical market makes $1.2 billion; it has been maintaining an upward trend for several years already.

11 March 2013

US drug firm Mylan to buy Indian firm for $1.6 bn US generic drugs specialist Mylan said Thursday it would buy a unit of India's pharma firm Strides Arcolab for $1.6 billion, boosting its presence in the high-growth injectable drugs market.

28 February 2013

Pfizer unit Zoetis makes strong market debut Zoetis, pharmaceutical giant Pfizer's animal-health division, made a dramatic debut on Wall Street Friday as the biggest initial public offering since Facebook.

02 February 2013

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