Content about Pharmaceutical drug

March 15, 2011
Study: $4 generic programs could help save society close to $6 billion

Patients that opt to fill their prescriptions through a $4 generic program could help garner societal savings of nearly $6 billion, a new study found.

March 9, 2011
Lilly head continues call for medical innovation

Eli Lilly leader John Lechleiter has become something of an evangelist for medical innovation lately. On Wednesday, the Lilly chairman, president and CEO spoke to the U.S./Japan Business Council in Tokyo to call for changes and policies in the biopharmaceutical industry that encourage innovation, or “reinventing invention,” as he called it.

February 18, 2011
As innovaters prep for patent cliff, generics prosper from patent losses

A whole slew of drugs will lose patent protection this year, opening up opportunities for generic drug makers to market their own versions. Most notable among these is Pfizer’s cholesterol-
lowering drug Lipitor (atorvastatin), the world’s top-selling drug, with U.S. sales of $7 billion during the 12 months ended September 2010, according to IMS Health.


February 10, 2011
Credit Suisse bullish on supermarket pharmacy

This year’s upcoming $29 billion wave of margin-friendly generic pharmaceuticals will be as big a growth catalyst for supermarket pharmacies as it will be for their pureplay drug store cousins, Credit Suisse research analyst Ed Kelly stated in a note published Thursday.

February 2, 2011
PhRMA: Nearly 300 preventive medicines for heart disease, stroke in development

A new report developed by the Pharmaceutical Research and Manufacturers of America revealed that nearly 300 heart disease and stroke medicines are in development.

January 27, 2011
Q4, full-year earnings up for Novartis

Swiss drug maker Novartis posted sales of $14.2 billion for fourth quarter 2010 and $50.6 billion for the year as a whole, according to an earnings report released Thursday.

January 25, 2011
Sanofi successfully switches Allegra

Sanofi-Aventis and its U.S. consumer healthcare division Chattem on Tuesday afternoon announced the Food and Drug Administration has approved the Allegra (fexofenadine HCl) family of allergy medication products for over-the-counter use in adults and children 2 years of age and older.

January 21, 2011
Pfizer extends tender offer for King

Pfizer again has extended the expiration date on its tender offer to buy Bristol, Tenn.-based King Pharmaceuticals to Jan. 28, the drug maker said Friday.

January 21, 2011
Watson forecasts successful year

Generic drug maker Watson Pharmaceuticals expects sales of $4.2 billion for 2011, the company said Friday.

January 14, 2011
Pernix, ParaPro to promote prescription pediculicide if approved

Pernix Therapeutics Holdings on Wednesday announced an exclusive co-promotion agreement with ParaPro for a medication to treat head lice.

January 4, 2011
APhA promotes medicine cabinet cleanout

The oldest national organization of pharmacists is making a New Year’s push to encourage Americans to clear out their old and expired medicines.

January 4, 2011
Pfizer inks deal with Santaris

Pfizer will pay Danish biotech company Santaris Pharma $14 million for access to its development platform for RNA-based therapies, Pfizer said Tuesday.

December 13, 2010
Teva files citizen petition over Copaxone

Teva Pharmaceutical Industries has filed a citizen petition with the Food and Drug Administration, hoping to keep purported generic versions of its multiple sclerosis treatment off the market, the company said Sunday.

December 3, 2010
Medication adherence could be blockbuster for specialty

At Drug Store News’ Specialty Pharmacy Roundtable event last Tuesday, Diplomat Specialty Pharmacy president and CEO Phil Hagerman remarked that improving medication adherence in specialty pharmacy could be equivalent to a new blockbuster drug. And he may be right.

November 21, 2010
Deadline for Pfizer's tender offer for King extended

Pfizer has extended the deadline of its $3.6 billion offer to buy King Pharmaceuticals, Pfizer...

November 14, 2010
Biosimilars development continues emergence

William Gibson, the science-fiction author who helped create the cyberpunk genre in the 1980s and...

November 9, 2010
AMCC, Walgreens drive awareness around expired medicines in the home

Walgreens on Wednesday released a survey that found 2-in-5 American households have at least one...

November 8, 2010
Report: Government officials question FDA's approval of generic Lovenox

Government officials said problems have arisen with the Food and Drug Administration’s approval of a...

October 18, 2010
Purdue Pharma supports state Rx monitoring programs

Drug maker Purdue Pharma has donated $200,000 to the National Association of State Controlled Substances...

October 17, 2010
Ista gains approval for Bromday

Ista Pharmaceuticals has won approval from the Food and Drug Administration for a drug used...

October 17, 2010
SymphonyIRI: Consumers turn to OTCs to curb healthcare costs

Spurred by a difficult economy, over-the-counter medications increasingly are playing a dual role for consumers...

October 13, 2010
Enactment of new drug-disposal law a victory for pharmacy, NACDS says

Enactment by the White House of a landmark, pharmacy-friendly drug-disposal bill won quick praise from...

October 7, 2010
New report indicates times are a-changin' for drug market

The drug industry is undergoing a major paradigm shift. Companies that traditionally have relied on...

October 6, 2010
IMS Health projects growth for Rx market

The global pharmaceutical market will reach a value of $880 billion next year, according to...

October 5, 2010
AstraZeneca provides Rx savings to Sacramento, Calif., pharmacy patients

AstraZeneca will provide medications free of charge to qualifying patients in Sacramento, Calif., through its...

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