Pharmaceutical manufacturing

October 03, 2018 - 1:41 pm
TRENTON, N.J. (AP) — The maker of an acne drug that caused some patients to develop a gastrointestinal disease provided adequate warnings about the drug's side effects, New Jersey's Supreme Court ruled Wednesday in dismissing more than 500 lawsuits against the company. Plaintiffs have claimed that...
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FILE - In this May 13, 2014, file photo, Pfizer CEO Ian Read arrives for a committee hearing at Portcullis House in London. The drugmaker Pfizer will replace Read with Chief Operating Officer Albert Bourla in January 2019. (AP Photo/Matt Dunham, File)
October 01, 2018 - 8:52 am
The biggest U.S.-based drugmaker will change leaders in January when Pfizer Chief Operating Officer Albert Bourla replaces CEO Ian Read, who has led the company for nearly eight years. Pfizer said Monday that Read will become executive chairman of Pfizer's board of directors. The maker of Viagra...
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A person takes cover from the rain at the United Nations headquarters during the 73rd session of the United Nations General Assembly on Tuesday, Sept. 25, 2018. Governments from around the world will gather Wednesday to discuss the persistent scourge of tuberculosis, which last year claimed more lives than any other communicable disease. (AP Photo/Craig Ruttle)
September 25, 2018 - 9:54 pm
UNITED NATIONS (AP) — Governments from around the world will gather Wednesday to discuss the persistent scourge of tuberculosis, which last year claimed more lives than any other communicable disease. About 1.3 million people worldwide died of TB in 2017. A further 300,000 people with both HIV and...
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September 14, 2018 - 4:56 pm
PHILADELPHIA (AP) — A Chinese scientist has pleaded guilty to conspiring to steal biopharmaceutical trade secrets from GlaxoSmithKline in what prosecutors said was a scheme to set up companies in China to market them. Tao Li pleaded guilty Friday in federal court to a single conspiracy count. The...
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August 16, 2018 - 9:41 am
BERLIN (AP) — German pharmaceutical company Bayer AG says it can now start integrating U.S. seed and weed-killer maker Monsanto Co. after completing the required sale of some of its crop science business. Bayer became Monsanto's sole owner in June but had to hold off on integrating Monsanto while...
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Republican U.S. Rep. Christopher Collins, center, leaves federal court, Wednesday, Aug. 8, 2018, in New York. Rep. Collins of western New York state has been indicted on charges that he used inside information about a biotechnology company to make illicit stock trades (AP Photo/Mary Altaffer)
August 08, 2018 - 8:29 pm
NEW YORK (AP) — The Latest on insider-trading charges filed against U.S. Rep. Chris Collins (all times local): 8:20 p.m. Republican U.S. Rep. Chris Collins says he will remain on the ballot running for re-election in New York as he fights charges that he used inside information about a...
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August 08, 2018 - 1:16 am
BEIJING (AP) — Investigators in China have begun recalling defective vaccines produced by a Chinese drugmaker from domestic and overseas markets, health authorities said. Investigators found Changchun Changsheng Life Sciences Ltd. had blended expired fluids in its vaccines and falsified records...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer Inc. (PFE) on Tuesday, July 31, 2018, reported second-quarter earnings of $3.87 billion. (AP Photo/Mark Lennihan, File)
July 31, 2018 - 1:12 pm
Pfizer's top executives are predicting the Trump administration will try to eliminate big rebates off prescription drug prices that manufacturers pay to middlemen, a move that could sharply reduce patients' out-of-pocket costs. Pfizer shares jumped 3 percent on the comments, made to analysts during...
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July 27, 2018 - 7:38 am
Soaring sales of most of its cancer drugs and vaccines boosted Merck & Co.'s second-quarter revenue by 5 percent, but restructuring and acquisition costs helped drag profits down 12 percent. However, revenue and net income both beat Wall Street expectations and the drugmaker raised its profit...
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