pharmaceuticals News

Industry Groups Back Drugmakers’ Appeal in Zantac Cancer Lawsuits

A bid by GSK and other drugmakers to stop more than 70,000 lawsuits in Delaware over discontinued heartburn drug Zantac has received the backing of leading U.S. industry groups, including the United States Chamber of Commerce and Pharmaceutical Research and …

Delaware Judge Lets More Than 70,000 Zantac Lawsuits Go Forward

A Delaware judge has allowed more than 70,000 lawsuits over discontinued heartburn drug Zantac to go forward, ruling that expert witnesses can testify in court that the drug may cause cancer. The ruling on Friday by Judge Vivian Medinilla of …

Report: Cost of Prescriptions in Workers’ Comp on The Rise

While overall utilization is trending downward, cost of prescriptions in workers’ compensation is on the rise, driven by “high-dollar topical agents” that primarily come from out-of-network channels, as well as increased utilization and spend on migraine medicines, and rising trends …

Wegovy Maker Novo Nordisk Sues Nine Spas, Clinics And Pharmacies Over Copycat Drugs

Novo Nordisk said on Thursday it had sued nine more medical spas, wellness clinics and pharmacies in the U.S. for selling products claiming to contain semaglutide, the key ingredient in its popular weight-loss drug Wegovy. The Danish drugmaker first filed …

Reclassification of Marijuana is Underway, but Approval for Workers’ Comp and Auto Injuries Will Take Time

Barely noticed outside marijuana industry groups, the Biden Administration has been moving to change the classification of marijuana as a less dangerous drug. That follows a recommendation by the U.S. Department of Health and Human Services to the Drug Enforcement …

States Strike Two Opioid Deals Raising $500 Million for Crisis

An opioid manufacturer and an advertising firm that aggressively marketed the painkillers for a decade struck separate deals with states on Thursday totaling $500 million, injecting fresh cash into the nationwide effort to tackle the fallout from the ongoing addiction …

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 …