News tagged with generic drug

India's global pharmacy role threatened by EU pact

(AP) -- Efforts by India and the European Union to strengthen trade are threatening India's ability to deliver lifesaving medicines to the world's poorest, analysts say as the two sides push through protracted ...

Medicine & Health / Medications

created Feb 10, 2012 | popularity not rated yet | comments 0

FDA outlines path for lower-priced biotech drugs

(AP) -- The Food and Drug Administration is preparing to review the first lower-cost versions of biotech drugs, expensive medications which have never before faced generic competition.

Medicine & Health / Medications

created Feb 09, 2012 | popularity not rated yet | comments 1

Drug costs, not volume, causes regional differences in Medicare drug spending

The cost of medications through Medicare's subsidized prescription drug program varies from region to region across the United States largely due to the use of more expensive brand-name drugs and not because of the amount ...

Medicine & Health / Health

created Feb 08, 2012 | popularity not rated yet | comments 0 | with audio podcast

Financial burden of prescription drugs is dropping: Costs remain a challenge for many

The financial burden Americans face paying out-of-pocket costs for prescription drugs has declined, although prescription costs remain a significant challenge for people with lower incomes and those with public insurance, ...

Medicine & Health / Health

created Feb 08, 2012 | popularity 4 / 5 (1) | comments 0

US seeks injunction on Indian drug firm Ranbaxy

US officials sought a "groundbreaking" injunction against Indian drug giant Ranbaxy on Wednesday, saying the maker of the first generic version of cholesterol-lowering Lipitor has failed to meet US safety guidelines.

Medicine & Health / Medications

created Jan 26, 2012 | popularity not rated yet | comments 0

Abbott cuts 700 jobs from device and testing unit

(AP) -- Medical device and drugmaker Abbott Laboratories said Wednesday it will lay off 700 employees as part of ongoing restructuring efforts.

Technology / Business

created Jan 25, 2012 | popularity not rated yet | comments 0

How drugs get those tongue-twisting generic names

Oseltamivir. Esomeprazole. Trastuzumab. Where do drugs get those odd-sounding generic names? The answers are in the current issue of Chemical & Engineering News (C&EN), the weekly newsmagazine of the American Chemical Soci ...

Chemistry / Other

created Jan 18, 2012 | popularity not rated yet | comments 0

America hits the brakes on health care spending

Is health-care relief finally in sight? Health spending stabilized as a share of the nation's economy in 2010 after two back-to-back years of historically low growth, the government reported Monday.

Medicine & Health / Health

created Jan 09, 2012 | popularity not rated yet | comments 0

With new generic rivals, Lipitor's sales halved

Sales of cholesterol blockbuster Lipitor plunged by half barely a week after the world's top-selling drug got its first U.S. generic competition, new data show.

Medicine & Health / Medications

created Dec 20, 2011 | popularity not rated yet | comments 3

US approves India's Ranbaxy to make generic Lipitor

Indian pharmaceutical giant Ranbaxy won US regulatory approval to make the first generic version of cholesterol lowering drug Lipitor, a Pfizer product whose patent expired Wednesday.

Medicine & Health / Medications

created Dec 01, 2011 | popularity 5 / 5 (1) | comments 0

Pfizer's blockbuster drug Lipitor goes generic

Pfizer's patent on the best-selling drug of all-time, the cholesterol-lowering medication Lipitor, expired on Wednesday, opening the path to generic competitors for America's most popular medication.

Medicine & Health / Medications

created Nov 30, 2011 | popularity not rated yet | comments 1

Cancer drug 'scalpers' corner US market

Pssst. Wanna buy some chemo drugs? A new trend in pharmaceutical sales has raised concerns over ethics and patient safety, as companies buy up critical cancer drugs in short supply and attempt to resell them at huge markups.

Medicine & Health / Medications

created Nov 29, 2011 | popularity 5 / 5 (1) | comments 2

Discovery represents 'new paradigm' in the way drugs can be manufactured

Robert Linhardt is working to forever change the way some of the most widely used drugs in the world are manufactured. Today, in the journal Science, he and his partner in the research, Jian Liu, have announ ...

Medicine & Health / Medications

created Oct 27, 2011 | popularity 5 / 5 (3) | comments 0 | with audio podcast

FDA approves first generic versions of Zyprexa

(AP) -- Federal health officials on Monday approved the first generic versions of the blockbuster drug Zyprexa, an expensive treatment for schizophrenia and bipolar mood disorder.

Medicine & Health / Medications

created Oct 24, 2011 | popularity 3 / 5 (2) | comments 0

Novartis fights patent rejection in Indian court

(AP) -- In a case that could affect India's role as drug provider to the developing world, the Supreme Court began hearing arguments Tuesday over whether the government had the right to deny a patent to Swiss drugmaker Novartis ...

Medicine & Health / Medications

created Sep 06, 2011 | popularity 5 / 5 (3) | comments 0