FILE PHOTO: The Walmart logo in New York, U.S., May 1, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – IBM, Merck and Walmart have been chosen for a U.S. Food and Drug Administration pilot program that will explore using blockchain technology to improve the security of prescription drug supply and distribution. The companies said they would work […]
NEW YORK (Reuters) – U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix crooked teeth, all viewed as unlikely to fall victim to political and regulatory issues pressuring a wide swath of the sector. FILE PHOTO: The inside of a Walgreens-operated pharmacy is seen […]
SHANGHAI (Reuters) – Shanghai’s new Nasdaq-style Sci-tech Innovation Board has so far drawn applications from 120 companies. The board is aimed at promoting growth in industries such as chip-making, artificial intelligence, precision equipment and other high-end manufacturing, as well as biotech, new materials and green technology. – Advanced Micro-Fabrication Equipment Inc China (AMEC) Founded by […]
NEW YORK (Reuters) – Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, on Friday sued three former colleagues at Retrophin Inc for more than $30 million, saying they illegally ousted him from that company in 2014. FILE PHOTO: Former drug company executive Martin Shkreli exits U.S. District Court after being convicted […]
(Reuters) – The father of a university football player who died of a drug overdose provided emotional testimony about the personal cost of the nationwide opioid epidemic on Wednesday during the second day of trial in a lawsuit by the state of Oklahoma accusing drugmaker Johnson & Johnson of fueling the crisis. FILE PHOTO: Defense […]
(Reuters) – The father of a college football player who died of a drug overdose gave emotional testimony about the U.S. opioid epidemic’s personal cost on Wednesday in the second day of trial of a lawsuit by the state of Oklahoma accusing Johnson & Johnson of fueling the crisis. FILE PHOTO: Defense attorney Larry Ottaway […]
Export of Swiss goods to Russia surged over 10 percent last year, reaching nearly 80 percent of the pre-crisis levels, according to Tobias Privitelli, the deputy head of the Swiss diplomatic mission in Russia. The deputy ambassador added that Switzerland has been exporting vast volumes of pharmaceutical products, equipment and electronics. Mutual trade between the […]
<img title="Oklahoma reaches $85 million settlement with Teva Pharmaceuticals ahead of trial " alt="Oklahoma reaches $85 million settlement with Teva Pharmaceuticals ahead of trial " src="https://s1.reutersmedia.net/resources/r/?m=02&d=20190526&t=2&i=1391146065&r=LYNXNPEF4P0L0&w=450" aria-label="A man walks past the logo of Teva Pharmaceutical Industries at their plant in Jerusalem December 14, 2017. REUTERS/Ammar Awad”> A man walks past the logo of Teva Pharmaceutical […]
BOSTON/JERUSALEM (Reuters) – Teva Pharmaceutical Industries said on Sunday it had agreed an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and other drugmakers helped to fuel the U.S. opioid epidemic. <img title="Teva Pharm to pay Oklahoma $85 million to settle opioid […]
<img title="AbbVie halts enrollment after brain cancer trial misses goal, shares fall " alt="AbbVie halts enrollment after brain cancer trial misses goal, shares fall " src="https://s2.reutersmedia.net/resources/r/?m=02&d=20190517&t=2&i=1388115809&r=LYNXNPEF4G14B&w=450" aria-label="A screen displays the share price for Pharmaceutical maker AbbVie on the floor of the New York Stock Exchange July 18, 2014. REUTERS/Brendan McDermid”> A screen displays the share […]