Big pharma News

Japan's biggest pharmaceutical company has been hit with a $6 billion penalty for concealing cancer risks associated with its Actos diabetes drug while Eli Lilly and Co, Takeda's co-defendant in the case, was ordered to pay $3 billion in punitive damages.

There's a new drug regimen being touted as a potential cure for a dangerous liver virus that causes hepatitis C. But it costs $84,000 -- or $1,000 a pill.

The size of a company and its economic resources is not tied to getting a drug to market, according to a new report. The success of small companies sometimes challenges the might of "big pharma."

In a move described as 'transparent', the major drugs companies have agreed to share data from clinical trials with researchers, patients, and the public.

A campaign has been launched to provide training for healthcare providers in sub-Saharan Africa. This is part of UN sustainable development initiative.

Spending by major pharmaceutical companies to U.S. doctors exceeded $1 billion in 2012, according to some newly released figures.

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.