The European Commission (EC) has imposed a fine of €146m on nine pharma companies, including Ranbaxy Laboratories, for blocking the entry of cheaper generic drug of Lundbeck's anti-depressant, citalopram. Lundbeck agreed with each of ...
Tags: Ranbaxy, Halting Generic Drugs
You have a few choices: Ask your doctor to prescribe a different drug from your insurance company's formulary. If that's not possible or your doctor says it's not a good idea, have your doctor petition your insurance company to cover the ...
Tags: Drug, Insurance Company
The European Union (EU) is expected to penalize nine companies, including Denmark-based Lundbeck and Indian firm Ranbaxy for halting generic medicines from entering into the market and violating competition laws. Other companies scheduled ...
Tags: Drug Firms, Drugs'Entry
Leading global biopharmaceutical firm AstraZeneca has suspended expansion in the Chinese generic drug market. It announced adjustments on strategy for business in the Chinese mainland days ago and according to the adjustments, it will ...
Tags: Generic Drug Market, Health, Medicine
Many retailers offer discount prices on generics that may be cheaper than your co-pay. We asked our Secret Shoppers to price common generic drugs at more than 200 pharmacies around the U.S. and they found some real deals if you use cash or ...
The US government has filed a civil fraud lawsuit against Novartis claiming the company made illegal payments to induce pharmacies to switch kidney transplant patients to its immunosuppressant drug Myfortic. Civil fraud lawsuit claimed ...
Tags: Civil Fraud Lawsuit, Health, Healthcare Scam
Teva has established Global Specialty Medicines group as part of its strategic plan to optimize commercialization. The company has named Dr. Rob Koremans as the president and CEO of Global Specialty Medicines. Koremans will report to ...
Tags: Teva, Medicines Group
If you ask your doctor for a brand-name drug, there's a good chance he or she will comply, even if there's a cheaper, equally effective generic drug available. That's especially true if your doctor is older, works in a small practice, or, ...
Tags: JAMA Internal Medicine, drug, healthcare
If you ask your doctor for a brand-name drug, there's a good chance he or she will comply, even if there's a cheaper, equally effective generic drug available. That's especially true if your doctor is older, works in a small practice, or, ...
Tags: JAMA Internal Medicine, drug, healthcare
A change in the shape or color of a drug can make you less likely to take it, according to a new study. It found that people who regularly took generic antiseizure drugs but who were given pills with differing appearances at each refill ...
Tags: drug, medication, generic antiseizure drugs, Internal Medicine
EvaluatePharma has unveiled a new service enhancement, Tracking Drugs@FDA, which provides clients access to the entire approved FDA drugs, related FDA document library and FDA Orange Book patent data. Tracking Drugs@FDA and Orange Book ...
Tags: EvaluatePharma, Tracking Drugs@FDA, ANDA
TPG and Par Pharmaceutical have announced the completion of Par's purchase by certain TPG affiliates. According to the merger agreement, Par's stockholders are eligible to earn $50.00 in cash, without interest, less any applicable ...
Pernix Therapeutics has entered into a definitive agreement to acquire Cypress Pharmaceuticals and Hawthorn Pharmaceuticals in Madison, Mississippi, US. Hawthorn offers branded drugs including allergy, respiratory, iron deficiency, ...
Tags: Pernix Therapeutics, Cypress Pharmaceuticals, Hawthorn Pharmaceuticals
Teva Pharmaceutical Industries has introduced an authorized generic of ACTOplus met (pioglitazone/metformin tablets) 15mg/500mg, 15mg/850mg. ACTOplus met is marketed by Takeda Pharmaceuticals USA and used with diet and exercise to improve ...
Tags: Teva Pharmaceutical Industries, pioglitazone tablets, metformin tablets
Mylan Pharmaceuticals, the Canadian subsidiary of Mylan, has gained Health Canada approval for Mylan-Bosentan Tablets, 62.5mg and 125mg. The generic version of Actelion's Tracleer is indicated for pulmonary arterial hypertension. Mylan ...
Tags: mylan-bosentan tablet, approval, pharmaceutical product