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CNBC Utilities Page Drugs


  • The added Coast Guard presence in the Chukchi Sea off Northern Alaska includes the Waesche, a 418 foot-long national security ship, which otherwise would be operating in the Caribbean Sea and Gulf of Mexico, fighting drug traffickers. "That for me is the opportunity cost," Admiral Paul Zukunft, commandant of the Coast Guard, told Reuters in his office at the...

  • CVS will no longer cover Viagra Wednesday, 5 Aug 2015 | 7:55 PM ET
    Viagra pills on display.

    Discount retail chain CVS will no longer include Pfizer's Viagra in its list of drug insurance benefits, CNBC confirmed on Wednesday.

  • Viagra shot? China probes sex drug-spiked liquor Sunday, 2 Aug 2015 | 8:38 PM ET
    Viagra pill

    Chinese police are investigating if two distillers added impotence treatment drug Viagra to their liquor in the latest food-safety scare in China.

  • Novartis earnings fall, CEO focuses on heart drug Thursday, 23 Jul 2015 | 6:58 PM ET
    Joe Jimenez, CEO of Novartis, at 2015 WEF in Davos, Switzerland.

    Novartis saw sales fall in Q2, but it's optimistic about its pipeline, particularly heart disease drug Entresto, CEO Joe Jimenez says.

  • Eli Lilly CEO: Obamacare out-of-pocket costs high Thursday, 23 Jul 2015 | 10:40 AM ET
    Eli Lilly and Company Chairman, President and CEO John Lechleiter.

    Eli Lilly chief John Lechleiter tells CNBC all aspects of health care need to be addressed, including the high costs of Obamacare for many Americans.

  • The Trump backlash: Latino consumers wield new clout Saturday, 11 Jul 2015 | 6:59 AM ET

    NEW YORK/ CHICAGO, July 11- When Donald Trump described Mexican immigrants as rapists and drug smugglers last month, Latinos took to social media to express their outrage and urge businesses to sever ties with the billionaire presidential candidate. "Latino millennials have purchasing power and they're not going to tolerate Trump's comments," said Luis Fitch, a...

  • June 29- Egalet Corp said data showed its experimental painkiller was less likely to be abused than a form of morphine already being sold. A study showed recreational opioid users did not like and were less prone to snort the company's painkiller, Egalet -001, than MS Contin. Egalet's study results come a week before a panel of experts advising the U.S. Food and...

  • What were the most popular drugs on Silk Road? Monday, 1 Jun 2015 | 12:52 PM ET
    In this courtroom sketch, Ross William Ulbricht is seated in court and awaits sentencing Friday, May 29, 2015 in New York. The San Francisco man who created the online drug-selling site Silk Road was sentenced to life in prison by a judge who cited six deaths that resulted from drugs bought on his website and five people he tried to have killed.

    Most of the listings on the online black market were for illegal drugs, but the site also sold other items.

  • These biotechs may surge on drug news: Expert Friday, 29 May 2015 | 3:31 PM ET
    Lab science research

    Incyte stands to benefit from unveiling data on its cancer treatments at a conference in the coming days, a biotech analyst said.

  • Authorities bust $50M worth of heroin in the Bronx Tuesday, 19 May 2015 | 3:21 PM ET
    Sacks of money, right, worth $2 million, and 154 pounds of heroin, left, worth at least $50 million, are displayed at a Drug Enforcement Administration news conference, Tuesday, May 19, 2015 in New York.

    The DEA and the NYPD seized 70 kilos of heroin with a street value of about $50 million and arrested two in the Bronx.

  • Workers in these fields are most likely to drink Thursday, 30 Apr 2015 | 11:37 AM ET
    drinking alcohlism

    Workers in these fields are more likely to consume heavy amounts of alcohol, the government reports.

  • Indonesia executes drug convicts, sparks anger Tuesday, 28 Apr 2015 | 7:26 PM ET
    Supporters of Australians on death row in Indonesia Andrew Chan and Myuran Sukumaran participate in a candlelight vigil at Martin Place in Sydney on April 28, 2015.

    An Indonesian firing squad executed eight drug convicts, prompting Australia to recall its envoy and drawing an angry reaction from Brazil.

  • Native tribes debate entering legal pot business Thursday, 19 Mar 2015 | 1:31 PM ET
    Monument Valley Navajo Tribal Park in southeastern Utah.

    Many Native American tribes are grappling with the idea of growing marijuana on reservation land.

  • New threat to medical marijuana may surprise you Wednesday, 18 Mar 2015 | 11:48 AM ET
    An employee packages a patient's cannabis at a medical cannabis center in Lakewood, Colorado.

    Medical marijuana sales growth in Colorado has dipped since recreational pot has been legalized in the state.

  • Valeant won't overpay for Salix: Bill Ackman Friday, 13 Mar 2015 | 12:33 PM ET
    Valeant Pharmaceuticals International’s headquarters in Mississauga, Ontario, Canada, is shown in this March 30, 2011 photo.

    Valeant chief Michael Pearson won't pay too much for Salix, which earlier this week received a competing offer from Endo, Bill Ackman tells CNBC.

  • CVS: Copycat drugs may bring price cuts of 40-50% Thursday, 12 Mar 2015 | 7:14 AM ET

    Copycat biotech drugs in the U.S. market could cut prices of expensive medications by 40 percent to 50 percent, said a top CVS Health exec.

  • Oops! Ireland accidentally legalized these drugs Tuesday, 10 Mar 2015 | 2:25 PM ET
    Leinster House, home of the Dail or Irish Parliament, in Dublin, Ireland

    The move happened after the Irish Court of Appeal found the 1977 Misuse of Drugs Act was unconstitutional.

  • Did AbbVie overpay for Pharmacyclics? Thursday, 5 Mar 2015 | 7:47 PM ET
    Did Abbie overpay for Pharmacyclics?

    Raghuram Selvaraju, managing director, Healthcare equity research at MLV & Co, discusses whether AbbVie's acquisition of Pharmacyclics for about $21 billion is a good move.

  • The Top 10 lies told on Wall Street Thursday, 26 Feb 2015 | 1:03 PM ET
    Pinocchio nose long nose

    With all the fibbers we've outed lately, Turney Duff takes a look at the top 10 lies told on Wall Street.

  • Bayer R&D budget to increase Thursday, 26 Feb 2015 | 6:00 AM ET
    Bayer R&D budget to increase

    Marijn Dekkers, CEO of Bayer, says the company plans to increase its R&D budget this year, after strong earnings.