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J&J forecasts strong 2023 profit on strength in pharma unit

Johnson & Johnson on Tuesday forecast annual profit above Wall Street estimates as it bets on stronger demand for its pharmaceuticals products and a...

Pharma testing plant-based drug as COVID-19 treatment

Indian drugmaker Sun Pharmaceutical Industries Ltd said on Friday it was testing a plant-derived drug, AQCH

Pharma firm eyes over two billion doses of COVID-19 vaccine

The company said it reached an agreement worth $750 million with the CEPI and Gavi to produce 300 million doses of the shot

Pharma firm investigated over epilepsy drug linked to birth defects

Sanofi said on Tuesday it was being investigated over Depakine, an epilepsy drug which caused birth malfunctions

Drug developers take fresh aim at ‘guided-missile’ cancer drugs

Dozens of drugmakers are conducting human trials for a record 89 therapies that pair antibodies with toxic agents to fight cancer

Charity to pay $4 million to resolve pharma kickback probe

A charity will pay $4 million to resolve claims that it acted as a conduit for companies including Biogen and Novartis to pay kickbacks to patients using their high-priced multiple sclerosis drugs

Pharma files for bankruptcy in bid to settle crisis

Purdue Pharma has filed for bankruptcy in a settlement agreement that it hopes will provide more than $10 billion to address the opioid crisis

China expands drug bulk-buy program to lower prices

China has expanded a pilot drug bulk-buying program to almost the entire country in an attempt to negotiate lower prices from drug manufacturers

Bayer in frame to win first EU nod for high-precision cancer drug

The European Commission has the final word on drug approvals but it generally follows EMA’s recommendation within a couple of months.

Pharma firms will have to show prices in TV ads

It is part of a government policy to fight the high price of prescription drugs, which often exceeds those in neighboring Canada and Mexico.

FIDs seize seven drugs from pharma company’s warehouse for overpricing

Aamer Mehmood Kiyani instructed the DRAP to take strict action against the companies found involved in the overpricing.

Health minister stresses on need to enhance pharmaceutical exports

ISLAMABAD: Federal Minister for Health Services Aamir Mehmood Kiani on Thursday held a meeting with pharmaceutical exporters to discuss mechanisms to boost the volume...

Big pharma, big data: why drugmakers want your health records

LONDON: Drugmakers are racing to scoop up patient health records and strike deals with technology companies as big data analytics start to unlock a...

Ambani loses India rich list top spot to pharma tycoon

MUMBAI: A fall in oil prices saw Mukesh Ambani cede his status as "India's richest man" on Thursday to pharmaceutical tycoon Dilip Shanghvi, who edged to the top of Forbes' list of billionaires in the country.

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