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Pfizer to pay $491M to resolve drug marketing case
By Linda A. Johnson / Associated Press | July 30, 2013
Pfizer and the Justice Department say the drugmaker will pay almost $491 million to resolve an investigation into illegal marketing of the company's organ transplant drug Rapamune.
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Reform Update: Aug. 1 brings deadline to report physician payments
By Andis Robeznieks | July 29, 2013 | Basic Web Basic Web Subscription Details
While much attention was given to the decision to delay the Patient Protection and Affordable Care Act's employer mandate by one year, another ACA deadline quietly arrives this week.
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Pfizer to split generic, branded drug units
By Reuters via Yahoo | July 29, 2013
Pfizer, in what could be the prelude to spinning off its generic drug business, said it plans to separate its commercial operations into two units, mainly for patent-protected brands and a third for generics.
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Perrigo to buy Elan for $8.6B, seeks tax savings
By Shawn Pogatchnik / Associated Press | July 29, 2013
U.S. drugmaker Perrigo agreed Monday to buy Ireland's Elan for $8.6 billion in a deal that should allow the rapidly growing company to reduce its tax bill and boost its royalty stream.
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Surgeons eyed over deals with medical-device makers
By Wall Street Journal | July 26, 2013
Ten months after Aria Sabit arrived in Ventura, Calif., local hospital staffers noticed he suddenly developed a preference for an obscure brand of spinal implants for many of his surgeries.
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Drug companies promise more data transparency
By New York Times | July 25, 2013
The world's biggest drugmakers have pledged to release detailed data about their drugs to outside researchers, a move seen by some as an effort to head off more extensive disclosure requirements.
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China to punish hospital staff as kickback crackdown widens
By Bloomberg.com | July 24, 2013
China will punish 39 hospital employees for taking illegal kickbacks from drugmakers amid a widening investigation of corruption in the country's $350 billion healthcare market.
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Blocking pay-for-delay deals a priority for FTC
By Joe Carlson | July 23, 2013 | Basic Web Basic Web Subscription Details
Bolstered by a high-profile legal victory at the U.S. Supreme Court this spring, the Federal Trade Commission has made the blocking of “pay-for-delay” settlements by drug companies one of its highest priorities—even reviewing older settlements to see if retroactive enforcement is...
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FDA warns 15 companies over fraudulent diabetes product claims
By Reuters | July 23, 2013
U.S. health regulators are cracking down on 15 companies for selling products they said falsely claim to cure or mitigate the symptoms of diabetes.
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Drug research in China falls under a cloud
By New York Times | July 23, 2013
Executives at GlaxoSmithKline were warned nearly two years ago about critical problems with the way the company conducted research at its drug development center in China.
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