The FDA said the medication is difficult to crush, break or dissolve. Purdue Pharma's new drug poses a direct commercial challenge to Zogenix's much-debated drug Zohydro, a twice-a-day hydrocodone tablet approved by the FDA last year. The FDA has been under intense public pressure to combat the national epidemic of prescription opioid abuse.» Read More
Two Jefferies executives marched with other company bankers to take drug tests in solidarity with Sage Kelly, reports the New York Times.
Along the Myanmar-China border, where heroin addiction is common, fresh needles are now so coveted that shopkeepers dispense them as change.
A nasty Wall Street divorce has touched two biotech CEOs and appears to have moved their company stocks down over drug use allegations.
Health care has been on a tear in 2014, and there is still room for upside. Wall Street analysts are focusing on the following four trends.
With some 84 million people in the U.S. struggling with obesity, investing in obesity stocks has become a Wall Street trend.
Although the US spent $7.6 billion to eradicate poppy in Afghanistan, cultivation of the opium source is at an all time high.
GlaxoSmithKline (GSK) reported third-quarter revenue lower than analysts forecast, as sales of blockbuster asthma drug Advair continued to fall.
LONDON, Oct 21- Sales growth at consumer goods maker Reckitt Benckiser slowed more sharply than expected in the third quarter, hit by sluggish Western economies and cooling emerging markets. "Growth has not yet returned to developed markets and emerging markets in aggregate are weaker," Chief Executive Rakesh Kapoor said, citing places such as Thailand,...
The market share of U.K. supermarket Tesco continues to shrink, but data shows the retailer may have turned a corner as the slide eases.
The Department of Veterans Affairs, has a new problem on its hands: a $1000 pill, The Fiscal Times reports.
GlaxoSmithKline, which was slapped with a record fine for corruption in China, said it was looking into allegations of corruption in UAE.
Chimerix said its experimental Ebola drug has been provided for potential use in patients, sending its shares sharply higher in premarket trading.
A new breast cancer drug from Roche has shown "unprecedented" benefits in extending lives in a clinical trial.
An erectile dysfunction drug that reduces by half the time patients need to take the pill has been approved by the U.S. Food and Drug Administration.
An N.C. man faces charges after being arrested on suspicion of selling crushed Pop-Tarts—as crack cocaine, a TV station reports.
Sept 4- Drug developer Recro Pharma Inc said it planned to end a mid-stage trial of its lead post-operative pain drug because it did not expect the trial to achieve statistically significant results under its current design. The company's shares fell as much as 20 percent in extended trading.
Aug 27- Roche Holding AG's planned $8 billion purchase of InterMune Inc is centered around hopes for blockbuster sales of its lung drug, but the smaller company's development pipeline may end up giving the Swiss drugmaker a far bigger bang for its buck.
FedEx was indicted in a U.S. criminal case for conspiracy to launder money over deliveries for illegal online pharmacies.
Aug 15- Acura Pharmaceuticals Inc said the U.S. Food and Drug Administration indicated that the company may have to conduct an additional study to determine the abuse-deterrent capability of its experimental painkiller treatment. The FDA in May said data was insufficient to support the company's claim that the drug could not be abused by snorting.
The move enables the potential use of TKM-Ebola in individuals infected with Ebola virus.