Category Archives: News

Watson Confirms Pataday™ Patent Challenge Watson Pharmaceuticals, Inc. (NYSE: WPI) today confirmed that its subsidiary, Watson Laboratories, Inc., filed an Abbreviated New Drug Application (ANDA) with the U.S. Food and Drug Administration (FDA) seeking approval to market Olopatadine Hydrochloride Ophthalmic … Continue reading →

Cancer Drug Developers Considering ImmunoGen’s Tap Technology Something to think about: The fact that using ImmunoGen’s (IMGN) TAP technology makes targeted cancer drugs beat their own efficacy. This reality seems to be increasingly considered by cancer drug developers. Using ImmunoGen’s … Continue reading →

New Hepatitis C Drug Wins FDA Approval Vertex Pharmaceutical’s hepatitis C drug, telprevir, received Food and Drug Administration (FDA) approval Monday not long after the agency cleared a competing medicine by Merck. Telprevir, which will be marketed under the brand … Continue reading →

Labor Will Be Less of a Drag on Drugstores Pharmacist-wage inflation has been a meaningful earnings headwind for drugstores over the past decade, but structural changes in the labor market should provide significant relief going forward. Our proprietary analysis suggests … Continue reading →

Obama Suggests US Should Be Able To Negotiate Drug Prices WASHINGTON -(Dow Jones)- President Barack Obama on Thursday said prescription drug costs should be lower, and suggested giving the government power to directly negotiate drug prices and allowing medicines to … Continue reading →

Beck Suggests Federal Support Of Drug Research Means Government Will Be “In Charge Of The Life-Saving Drugs” Beck: “[I]s Anybody Else Concerned With The Government Being In Charge Of Our Life-Saving Drugs?” On the January 24 edition of his Fox … Continue reading →

Healthcare industry bodies unite to form LifeSciencesUK Four healthcare industry bodies have united to form a new initiative to advocate and support greater life sciences research and development in the UK. LifeSciencesUK, which consists of the Association of British Healthcare … Continue reading →

Court Takes Up Drug-Data Case The Supreme Court agreed to decide whether states can bar the sale of doctors’ prescription data to drug companies, setting the stage for a ruling likely to affect one of the pharmaceutical industry’s most powerful … Continue reading →

Pharmacy Industry Veteran Joins Millennium Pharmacy Systems as COO Millennium Pharmacy Systems, Inc. has announced that Philip J. Keough, IV has joined the company as Executive Vice President and Chief Operating Officer based in its Shared Services Center in Cranberry … Continue reading →

Drug Firm to Pay Feds $280 Million to Settle Pricing Claims Dey Pharma, LP, maker of several drugs has agreed to pay $280 million to settle U.S. Justice Department accusations that it violated the False Claims Act by artificially inflating … Continue reading →