pharmaceuticals News

NY, Feds Sue ‘Pharma Bro’ for ‘Scheme’ to Keep Drug Price Up

NEW YORK — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face …

Judge Cuts Johnson & Johnson Damages from $8 Billion to $6.8 Million in Risperdal Case

A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitive damages award against Johnson & Johnson to a man who said it failed to warn that boys using its antipsychotic drug Risperdal could grow breasts. Judge …

Sophisticated Tools Let Thieves Target Specific Cargo

Though pharmaceuticals and electronics are the most expensive items cargo thieves target, food and beverage cargo is also popular because this product is often not secured as well as bigger ticket items, according to Keith Lewis, vice president of operations …