by Mooslet Writing Services | Jun 7, 2016 | Prescription Drugs
Gilead Sciences is being sued by an AIDS advocacy group which claims the pharmaceutical giant halted development on an improved HIV drug because it feared cannibalizing the profits of an existing drug. AIDS Healthcare Foundation, a Los Angeles nonprofit, accuses the...
by Mooslet Writing Services | Jun 6, 2016 | Big Pharma Business
In a presentation to investors last month, Eli Lilly revealed its ambitious plan to launch 20 new drugs over the next seven years. The Indianapolis-based pharmaceutical behemoth also declared its intention to add more uses to its existing therapies – all by the...
by Mooslet Writing Services | Jun 2, 2016 | Big Pharma Lawsuits
Johnson & Johnson (J&J) has an image problem. Consumer goodwill ratings for the company have plummeted to new lows lately. According to the website BrandIndex, which tracks brand perception among the public, J&J’s ongoing legal troubles are the source of...
by Mooslet Writing Services | Jun 1, 2016 | Big Pharma Business
Amid bad press for rising prescription drug costs, drug companies have discovered a new revenue stream that comes from an unlikely place: charity donations. Yes, drug companies can make more money by donating to charity – here’s how it works. Step 1: Pharma...
by Mooslet Writing Services | May 30, 2016 | Big Pharma Lawsuits
Nine cancer hospitals in seven different states have launched lawsuits against a drug maker they say is short-changing them on cancer drug Herceptin. San Francisco-based manufacturer Genentech is accused of shipping less medication than claimed on its packaging...
by Mooslet Writing Services | May 26, 2016 | FDA
Last week, the US Food and Drug Administration (FDA) again delayed making a decision about whether generic drug makers should be required to keep their medication labels updated about newly discovered risks. The delay marked the third time that the FDA has postponed...
by Mooslet Writing Services | May 24, 2016 | Prescription Drugs
A recent press release from the Food and Drug Administration (FDA) advises doctors to use more discretion when prescribing certain antibiotics for uncomplicated infections. The class of antibiotics known as fluoroquinolones should only be used for serious infections...
by Mooslet Writing Services | May 24, 2016 | Big Pharma Business
In the wake of two big legal losses for Johnson & Johnson (J&J), the company that has been accused of covering up evidence that its talc products cause cancer is now throwing the better part of a billion dollars into cancer research. How’s that for irony?...
by Mooslet Writing Services | May 19, 2016 | Big Pharma Lawsuits
Wyeth Pharmaceuticals got caught with its hand in the Medicaid cookie jar – and now parent company Pfizer must pay the consequences. New York-based Pfizer, the world’s largest pharmaceutical company, has been ordered to pay $784.6 million to federal and state...
by Mooslet Writing Services | May 18, 2016 | Prescription Drugs
The world’s biggest pharmaceutical companies are content to simply make drugs and sell them for handsome profits. But how do big pharma companies make sure those drugs don’t end up on the black market or in an addict’s hands? The answer: aside from one day each year,...
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