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WHO declares Zika virus a global health emergency
Tuesday, February 02, 2016The World Health Organization on Monday declared the mosquitoborne Zika virus to be a global emergency as the disease linked to thousands of birth defects in Brazil spreads rapidly The designation was recommended by a committee of independent expert...
China fines domestic drug firms for price fixing
Tuesday, February 02, 2016Chinas antimonopoly regulator has fined five domestic drug firms a total of close to million yuan for fixing the prices of their medicines the watchdog said on Tuesday as the country battles to keep medicine prices down The drug firms colluded ove...
McKesson to sell Brazilian pharmaceutical distribution business
Tuesday, February 02, 2016McKesson Corp said Monday it had agreed to sell its Brazilian pharmaceutical distribution business reflecting overall weakness in the countrys economy and the drug distributors focus on Europe The company will sell the distribution business to Brazi...
BAP Pharma opens U.S. Headquarters in Landing, New Jersey
Tuesday, February 02, 2016BAP Pharma a specialist supplier of comparators for clinical trials opened its new US headquarters in Landing New Jersey The new headquarters is the companys first location in the United States The company manages the clinical trial supply process i...
Unichem gets USFDA approval to sell prostate drug
Monday, February 01, 2016Drug firm Unichem Laboratories has received approval from the US health regulator to market alfuzosin hydrochloride extended release tablets used in treating prostatic hyperlasia in the American market The company has received final approval from th...
Review of NHS drugs assessment ordered
Monday, February 01, 2016An independent review is to be carried out of the way drugs are assessed for use on the NHS in Scotland Former medical director for NHS Fife Dr Brian Montgomery will lead the study The review will look at how changes made to the Scottish Medicines...
President Dilma Rousseff calls on Brazil society to unite against Zika virus
Monday, February 01, 2016President Dilma Rousseff has called on the whole of Brazilian society to help combat the spread of the Zika virus which has been linked to birth defects Ms Rousseff said national mobilisation was needed to eliminate the mosquitoes that spread the vi...
FDA approves Eisai's drug Halaven for type of soft tissue cancer
Saturday, January 30, 2016The US Food and Drug Administration approved Eisai Co Ltds drug derived from sea sponge for a rare type of soft tissue cancer The drug Halaven was approved for use in patients who have undergone chemotherapy with drugs derived from a type of bacteri...
Brazil's BR Pharma to sell $100 mln of new shares
Saturday, January 30, 2016Brasil Pharma SA Brazils fourthlargest drugstore chain said on Friday it will issue million reais million of new shares valued at reais each The decision was taken after the firm failed to attract enough demand from current investors to raise th...
WHO says Zika virus spreads explosively, four million cases forecast
Friday, January 29, 2016The Zika virus linked to severe birth defects in thousands of babies in Brazil is spreading explosively and could infect as many as million people in the Americas the World Health Organization WHO said on Thursday DirectorGeneral Margaret Chan told...