AbbVie CFO Chase stepping down, to retire by mid-year 2019
AbbVie Inc said on Friday that Chief Financial Officer William Chase is retiring in mid-2019 and named its controller, Robert Michael, his immediate successor as CFO. Michael, 48, will report…
Pharmacist who wouldn’t fill miscarriage drug is out
PETOSKEY, Mich.: A Michigan pharmacist accused of refusing to fill a prescription to help a woman complete a miscarriage no longer works for the Meijer retail chain. Meijer spokeswoman Christina…
Sanofi drug Dupixent wins U.S. FDA approval to treat asthma
France’s Sanofi SA said on Friday eczema drug Dupixent was approved by the U.S. Food and Drug Administration as an additional maintenance therapy in patients with two types of asthma.…
FDA snubs Novartis bid to repurpose inflammation drug for heart attacks
By John Miller ZURICH: The U.S. Food and Drug Administration has rejected Novartis’s bid to repurpose a drug now approved for rare inflammatory diseases to be used in a group…
Uttar Pradesh government planned to open Six Pharma Parks
Six Pharma Parks has been planned to set-up in the Uttar Pradesh state as the state has been received an investment commitment of about Rs 5,000-6,000 crore from domestic and…
Piramal weighs $1bn contract pharma sale
Billionaire Ajay Piramal is considering a sale of his contract pharmaceutical operations, which could fetch around $1 billion, people with knowledge of the matter said. The tycoon’s Piramal Enterprises is…
Trevena’s opioid painkiller fails to get FDA panel backing
By Saumya Joseph and Ankur Banerjee Trevena Inc’s opioid injection for managing acute pain failed to win the backing of an advisory panel to the Food and Drug Administration on…
CHENNAI: State to spend Rs 35 lakh more for common drug
CHENNAI: The state health department will soon have to spend about Rs 35 lakh more a month for a commonly used drug in labour rooms of government hospitals following the…
Walgreens revenue hit by weakness in personal care products, OTC drugs
By Manas Mishra Walgreens Boots Alliance Inc came up short of analysts’ estimates for quarterly revenue on Thursday, as sales of personal care products and over-the-counter drugs fell both in…
UP to open 6 pharma parks; gets Rs 5,000-6,000 cr commitment
The Uttar Pradesh government is planning to open six pharma parks across the state and has received an investment commitment of about Rs 5,000-6,000 crore from domestic and multinational pharma…
