Branded

05/09/2013 - 5:45pm
OxyContin patent expires, fears of abuse return

The November 2011 expiration of Pfizer's patent on the cholesterol drug Lipitor and Ranbaxy Labs' release of the generic version received significant play in the media, particularly due to the theretofore status of Lipitor (atorvastatin calcium) as the drug with the highest sales in the country, $7.7 billion in the United States, according to healthcare analytics firm IMS Health.

05/09/2013 - 1:34pm
DEA collects more than 740,000 pounds of unused drugs

The Drug Enforcement Administration collected more than 371 tons of unused medications last month as part of its sixth annual drug take-back program, the agency said.

05/09/2013 - 12:03pm
Former Eli Lilly executive appointed to top technology post at Sears Holdings

Sears Holdings has appointed Jeff Balagna as EVP and chief information officer, the Kmart parent company said Thursday.

05/09/2013 - 10:47am
Generic use reached 84% in 2012, study finds

Declining use overall of healthcare services drove down spending on medicines in the United States by 3.5% per capita last year, according to a new study.

05/08/2013 - 1:54pm
Merck submits FDA filing for ragweed allergy drug

Drug maker Merck is seeking regulatory approval for an experimental tablet placed under the tongue that could be used to treat ragweed allergies.

05/08/2013 - 1:27pm
Healthcare reform law provisions could affect pharmaceutical innovation, Bristol-Myers Squibb exec says

Drug maker Bristol-Myers Squibb foresees significant effects on its business from the Patient Protection and Affordable Care Act, company executives told attendees of its recent shareholder meeting.

05/08/2013 - 11:50am
Takeda to acquire Colo. maker of vaccines for tropical diseases

Japanese drug maker Takeda Pharmaceutical Co. will buy Fort Collins, Colo.-based vaccine maker Inviragen for up to $250 million, the two companies said Wednesday.

05/08/2013 - 11:24am
Perrigo: $10 billion in Rx sales may switch OTC through 2018

There is as much as $10 billion in branded pharmaceutical sales that could make the switch from prescription-only to over-the counter in the next five years, suggested Joseph Papa, Perrigo chairman, CEO and president, to analysts on Tuesday.

05/06/2013 - 3:18pm
CVS handles back-end functions as Pfizer sells Viagra online

Pfizer is attempting to stem the rise of counterfeit medicines by selling one of its most popular drugs — and one of the most popular targets for counterfeiters — online.

05/06/2013 - 3:07pm
Pregnant women shouldn't use valproate drugs to prevent migraines, FDA warns

Pregnant women should not use migraine-prevention medications containing valproate sodium due to a higher risk of decreased IQ scores in children, the Food and Drug Administration warned.

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