Bank of America has agreed to pay $16.6 million to resolve allegations that it processed drug trafficker monies subject to sanctions.» Read More
Andrea Sanderlin of Scarsdale, New York, has been indicted for manufacturing and possessing marijuana with intent to distribute. CNBC's Andrea Day has the details.
A Supreme Court decision gives the FTC the go-ahead to continue suing drug makers over deals that delay generic versions from being sold.
The Supreme Court says deals between pharmaceutical companies and their generic drug competitors can sometimes be illegal.
A Westchester County, New York, woman is accused of running a massive pot operation, reports NBC's Andrea Day. And lobbying efforts to legalize some aspects of the marijuana business are making a pitch to lawmakers, reports CNBC's Hampton Pearson.
Andrea Sanderlin of Scarsdale, NY, has been accused of running a massive pot operation, reports NBC's Andrea Day.
Government officials, drug companies and medical experts, faced with outbreaks of antibiotic-resistant "superbugs", are pushing to speed up the approval of new antibiotics, the NYT reports.
A dispute within the FDA on whether to put new lung-cancer warnings on ARBs taken by millions of people is unlikely to have any significant effect on the manufacturers stocks.
Generic drugmaker Actavis will buy specialty pharmaceuticals company Warner Chilcott in a stock deal valued at about $8.5 billion.
In a first for the drug industry, Pfizer told The Associated Press that the drugmaker will begin selling its popular erectile dysfunction pill Viagra directly to patients on its website.
Federal regulators are pressing the Supreme Court to stop big pharmaceuticals from paying generic drug competitors to delay releasing cheaper versions of brand-name drugs.
Roger Parloff, Fortune senior editor, says businesses are sprouting in states like Colorado and Washington, where selling cannabis is now legal.
What are some of the major seizures and big busts law enforcers have made in recent years? Click on to see 10 cases that were record-breaking, major, or even bizarre in nature.
Emerging markets, and in particular, Latin America will be the drivers for continued growth, Swiss drug maker Roche told CNBC, even as the company faces price pressures elsewhere.
Eli Lilly will be "very challenged" by the loss of exclusivity on several blockbuster drugs, CEO John Lechleiter told CNBC on Tuesday, but added the company can manage its growth in response.
As Christmas overeating gives way to under-fulfilled new year diets, the pharmaceutical industry's appetite has been whetted for a fresh surge in business.
Marijn Dekkers, CEO of Bayer, explains to CNBC that while Bayer has felt increased pressure on drug pricing from governments, its success in research and development has the company positioned for success.
Discounts up to 50 percent discount on premium drugs have been passed on to Medicare beneficiaries.
In the border city of Nuevo Laredo, the bodies of nine people were found hanging from a bridge — the result of a turf war between drug cartels. It exposed the Mexican government’s inability to keep the country’s violence level low enough not to scare away tourists and investors.
Scientists at the University of Southern California say they've detected a link between recreational marijuana use and a greater chance among males in their early teens through their mid-30s of contracting a particularly dangerous form of testicular cancer. NBC News reports.
A 74-year old farmer in a small town in southern Germany who had intended to grow sunflowers says he planted more than 1,000 cannabis shrubs by mistake.