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CNBC Utilities Page Drugs

  • Novocure: One of the best performing stocks in the IBB this year

    Bill Doyle, executive chairman of Novocure, weighs in on the health-care developments in Washington.

  • FDA approves Portola's blood-thinning drug

    CNBC's Morgan Brennan reports on the FDA approving Portola's blood-thinning drug and the company's stock reaction.

  • Opioid overdose, which claimed celebrities including Prince and Heath Ledger as victims, contributed to more than 33,000 deaths in 2015, according to the Centers for Disease Control and Prevention. Earlier this month, the FDA asked Endo International Plc to withdraw its Opana ER painkiller from the market, the first time the agency has called for the removal...

  • HAVANA, June 22- The liberalization of marijuana laws is fueling drug trafficking but Cuba will not follow the trend of loosening restrictions on marijuana, a government official said on Thursday. Antonio Israel Ibarra, the secretary of the National Drugs Commission, gave no specific figures for comparison but said Cuba had seized triple the amount of drugs...

  • Missouri AG: Fraud and deceit by drug makers led to opioid epidemic

    Missouri Attorney General Josh Hawley discusses the state's lawsuit against large pharmaceutical companies about the country's opioid epidemic. CNBC's Meg Tirrell weighs in.

  • June 21- Missouri on Wednesday became the third U.S. state to accuse major drug manufacturers of fraudulently misrepresenting the risks of opioid painkillers now at the center of a national addiction epidemic. Missouri Attorney General Josh Hawley said his office filed a lawsuit in a state court in St. Louis against Purdue Pharma LP, Johnson& Johnson and units...

  • ST. LOUIS— Missouri Attorney General Josh Hawley on Wednesday filed suit against three large pharmaceutical companies, saying their "campaign of fraud and deception" led to a startling opioid crisis in the state. Hawley, a Republican, filed suit St. Louis Circuit Court, naming Endo Pharmaceuticals, Purdue Pharma, and Janssen Pharmaceuticals.

  • June 21- Missouri on Wednesday became the third U.S. state to accuse major drug manufacturers of fraudulently misrepresenting the risks of opioid painkillers now at the center of a national addiction epidemic. Missouri Attorney General Josh Hawley said his office filed a lawsuit in a state court against Purdue Pharma LP, Johnson& Johnson's Janssen...

  • Elizabeth Holmes, CEO of Theranos.

    Drugstore chain Walgreens had, at one point, hosted about 40 Theranos blood-testing centers.

  • *Shares up 1.5 percent in London trading. The U.S. Food and Drug Administration green light for Mydayis follows good results for Shire's new hereditary angioedema drug and helps offset the setback of early generic competition to a Shire drug for ulcerative colitis. Shares in Dublin- based Shire rose 1.5 percent by 0800 GMT in London on Wednesday following the...

  • June 20- The U.S. Food and Drug Administration on Tuesday approved Shire Plc's long-acting therapy for attention deficit hyperactivity disorder, adding another treatment to its stock of drugs for the cognitive condition that affects millions of children. Dublin- based Shire's Adderall XR, which manages symptoms for up to 12 hours, is available in generic...

  • A pharmacy technician fills a prescription inside a Wal-Mart store in Trevose, Pa.

    Donald Trump plans to make good on drug pricing promises, but any action may be weeks away.

  • "Young people may be dying because they are not getting the treatment they need," said Brendan Saloner, an addiction researcher at Johns Hopkins Bloomberg School of Public Health who wrote an editorial published with the study Monday in JAMA Pediatrics. Scott Hadland of Boston Medical Center. Doctors must become more comfortable treating addiction with...

  • John Paulson joins Valeant's board after his firm took a nearly $2 billion hit on its stock

    Hedge fund billionaire John Paulson has joined the board of Valeant Pharmaceuticals.

  • A pharmacy technician fills a prescription inside a Wal-Mart store in Trevose, Pa.

    Here are 3 quick, effective, and easy ways for President Trump to lower prescription drug prices, says Jake Novak.

  • MONROEVILLE, Pa.— Even doctors can be addicted to opioids, in a way: It's hard to stop prescribing them. Melissa Jones is on a mission to break doctors of their habit, and in the process try to turn the tide of the painkiller epidemic that has engulfed 2 million Americans. She drives 100 miles a day to visit doctors across western Pennsylvania's Allegheny and...

  • State and the federal governments are making historic moves to combat the U.S. opioid drug crisis.

  • President Donald Trump's core principles, during her visit to Mexico. Trump's election pledge to build a massive wall on the U.S. border with Mexico to keep out illegal immigrants and drug traffickers has sparked anger throughout Mexico, plunging U.S.-Mexican relations to their lowest point in years. Trump has backed away from a promise to make Mexico pay for...

  • Scott Gottlieb, the FDA's newly appointed commissioner said in a statement. It remains to be seen whether Endo will comply with the FDA's request. If Endo refuses to withdraw the product, the FDA could offer the company an opportunity for a hearing to make the case for why the product should not be removed.

  • WASHINGTON, June 8- The U.S. Food and Drug Administration said on Thursday it has asked Endo International Plc to withdraw from the market its long-lasting opioid painkiller Opana ER, sending the company's shares down more than 12 percent. Opioids were involved in more than 33,000 deaths in 2015 and opioid overdoses have quadrupled since 1999, according to the...