The move, announced in a federal notice, comes more than a decade after the Drug Enforcement Administration first recommended reclassifying hydrocodone due to its risks for abuse and addiction. But last year the FDA changed its position, citing the national epidemic of overdoses and deaths tied to prescription painkillers known as opioids.» Read More
CNBC's Tom Mackenzie comments on the need for a globally coordinated approach to tackling the drugs trade.
Steve Sampson, author of Narcomania: How Britain got hooked on drugs, tells CNBC that self-contradiction defines British drug policy.
Vanda Felbab-Brown, senior fellow at the Brookings Institute, tells CNBC that the drug trade is becoming more global with demand coming out of the emerging markets.
A growing epidemic of overdoses of prescription painkillers is leading to record numbers of deaths, especially among women, the Centers for Disease Control and Prevention says.
Life after the NFL is tough for players when they retire. A look at a few and their involvement in the tech industry, with Atlanta Falcons tight end Tony Gonzalez, of FitStar, and former NFL player Tony Mandarich, of the Mandarich Media Group.
China is barring a GlaxoSmithKline executive from leaving the country amid a widening $490 bribery scandal ensaring the drug giant.
Fresh off winning the NBA title with the Miami Heat, hoops legend Ray Allen is driving the lanes of Congress, asking for multi-year funding of diabetes research.
A man dubbed the "Godfather of Heroin" and slapped with sanctions for allegedly helping prop up Myanmar's brutal former military junta through illegal business dealings died.
The U.K.'s energy regulator proposed new rules to combat electricity theft, revealing that up to one-third of electricity stolen each year is used to power cannabis farms.
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.