Purdue Pharma in Talks With Justice Department to Resolve Criminal, Civil Probes

OxyContin maker Purdue Pharma is in talks with the U.S. Justice Department over a potential deal to resolve various civil and criminal probes while also leading to a big payout…

China pressures pharmaceutical companies by buying drugs in bulk

China has expanded a pilot drug bulk-buying programme to almost the entire country in an attempt to negotiate lower prices from drug manufacturers, heaping fresh pressure on multinational pharmaceutical companies…

Judge Rules Johnson & Johnson Must Pay $572 Million for Helping Fuel Opioid Crisis in Oklahoma

Connecticut’s lawsuit against Stamford-based drug maker Purdue Pharma contains allegations of deceptive marketing also found in the the Johnson & Johnson lawsuit in Oklahoma. – Shares of major drugmakers Teva…

Doctors of India, Unite! Menace of Ambulance Chasers may be close

New Delhi: Dr Mahesh Sharma, former Union Minister and Healthcare entrepreneur, said media, patients, bureaucrats, advocates and politicians all are up against doctors. The time may not be far away…

Lancet’s ‘Cross Pathy’ triggers Outrage across Medical India

New Delhi/ London: It seems Lancet’s immune system has been breached and some anti- India bacteria has invaded its lymphatic insides. Medical India has stood as one to launch a…

Activist investor Caligan Partners has Built 10% Stake in Amag Pharmaceuticals

Activist investor Caligan Partners has built a stake in Amag Pharmaceuticals Inc. and plans to push for changes at the company, including board refreshment, cost cuts and a renewed focus…

Johnson & Johnson’s Supremacist approach hurts its Indian Victims

New Delhi: Johnson and Johnson’s supremacist approach in dispensing compensation for its faulty hip implants is cutting Indian victims to the quick. They are asking if their legs and lives…

Beware! Use of Complementary and Alternative medicines might lead to liver injury, warn AIIMS

New Delhi: The use of complementary and alternative medicines may cause liver injury, warn experts at AIIMS. Alternative medicine describes medical treatments used in place of traditional (mainstream) therapies. These medicines…

Government Doctors Are Not Allowed Private Practice: Health Ministry

NEW DELHI: As per Central Health Service (CHS) Rules, 2014, persons appointed to CHS shall not be allowed private practice of any kind whatsoever including any consultation and laboratory practice,…

Torrent Pharma shares jump 6% on strong Q1 results

Shares of Torrent Pharmaceuticals rallied 6 percent intraday on July 24 after June quarter numbers met analyst expectations. Global brokerages remained bullish on the stock, expecting double digit return from current levels.…