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Information
India partly revokes Roche cancer drug patent
By Reuters | August 04, 2013
India has partly revoked patents granted to Roche Holding AG for its breast cancer drug Herceptin, a spokesman for the drugmaker confirmed on Sunday.
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Information
J&J pleased Chinese anti-monopoly dispute is over
By Associated Press | August 04, 2013
Healthcare giant Johnson & Johnson says it is pleased to put a legal dispute behind it after a Chinese court ordered it to pay compensation to a former distributor under an anti-monopoly law.
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Information
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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Magazine
Outliers: UAE offers fatter wallets for thinner waists
By Modern Healthcare | July 27, 2013 | Print Magazine Print Magazine Subscription Details
In the United Arab Emirates, the phrase “worth its weight in gold” now has a literal meaning. As part of an effort to get the oil-rich Middle Eastern country to slim down, the government is offering to give residents a gram of gold for each kilogram, roughly 2.2 pounds, they lose by...
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Information
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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Glaxo says execs may have broken Chinese law
By New York Times | July 22, 2013
The British pharmaceutical giant GlaxoSmithKline said that some of its executives might have broken the law in China, the company’s strongest statement yet on a bribery and corruption scandal that has engulfed its China operations.
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Information
Mindray closes on acquisition of Zonare Medical
By Associated Press | July 18, 2013
China's Mindray Medical International has closed on its $101.7 million acquisition of ultrasound technology company Zonare Medical Systems Inc.
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Magazine
Postponing the reckoning | Employer-based coverage is falling—a fact overlooked in latest controversy
By Merrill Goozner | July 13, 2013 | Print Magazine Print Magazine Subscription Details
The Obama administration's one-year delay in the employer mandate continues to generate confused and contradictory responses that ignore the collapse of the employer-based insurance system.
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Information
China says GSK execs confess to bribery, tax crimes
By Reuters via Yahoo | July 12, 2013
GlaxoSmithKline executives in China have confessed to bribery and tax violations, the country's security ministry said on Thursday, during one of a string of investigations into foreign firms in the world's second-biggest economy.
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Vital Signs
Drugs sold illegally online have slew of problems, GAO says
By Jaimy Lee | July 09, 2013
Rogue Internet pharmacies dispense medications without prescriptions, sell drugs that are counterfeit, expired or improperly labeled, and violate a slew of other laws, a new Government Accountability Office report says.
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