Big pharma News

A group of medics have warned that the inflated prices charged by pharmaceutical firms for drugs to treat cancer are threatening patients' lives.

The pharmaceutical company AstraZeneca has announced two rounds of significant job cuts in an attempt to boots its profitability.

The pharma company Teva has been fined by U.S. authorities for pumping a fluorescent green discharge into a river at its plant in northeast Missouri.

More than two dozen of the world's largest pharmaceutical companies have agreed to provide funding and support to Interpol to prevent the sale and distribution of counterfeit prescription drugs.

The European Commission is investigating ‘big pharma’ companies Johnson and Johnson and Novartis for a possible breach of antitrust laws.

U.S. consumers spent $263 billion on prescription drugs in 2011, a rise of 2.9% compared with 2010. Most of this increase relates to price increases imposed by ‘big pharma’.

Smartphone maker Voadaphone and the ‘big pharma’ company GSK have announced that they are to work together to help vaccinate more children against common infectious diseases in Africa.

The pharmaceutical company Mylan has voluntarily recalled three types of painkiller tablets due to the risk that the tablets are more potent than the label indicates. The risk is that consumers could overdose.

Boston - Following the reports about the contaminated sterile medicines produced by the NEEC pharmacy, the State of Massachusetts has closed three more compounding pharmacies due to concerns over risks to patients.

Each year the science magazine 'The Scientist' presents its major science scandals of the year. For 2012 there are some interesting finds.