Problems mount for drug firms
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The US pharmaceutical industry endured a disastrous 2004, and the aftermath will linger into the new year. Regulators at the Food and Drug Administration (FDA) were already expected
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A battle between insurers and drug companies could determine how many medicines will be available to beneficiaries.
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Arthritis sufferers across South Africa have been inundating call centres and pharmacists in the wake of the shock withdrawal of their medication by the manufacturers of the most widely used drug treating the disease.
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A Senate hearing about money and gifts that drug makers routinely provide to doctors did not go well for the drug industry Wednesday.
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Between the controversy over drug reimportation and activism from a certain state&#39;s attorney general, it has been a nasty year for the pharmaceutical industry.
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Drug prices are a growing problem, and firms trying to set uniform prices face serious difficulties because of the disparities in how much countries can afford to spend, the head of Britain's health watchdog said on Monday.
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The NHS is to come under pressure to weed out ineffective and obsolete treatments, by the drugs watchdog.
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Drug distributors are generally facing shrinking margins, but McKesson Corp. (MCK.N: Quote, Profile, Research) may have added difficulty in coming years because of long-term litigation connected to its accounting.
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Although problems still hang over the company, Bristol-Myers is paving the way for recovery.
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A âpoisonous cocktailâ of many drugs can interact in dangerous ways and cause side effects that can be far worse than the diseases they are treating.
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Pressure is building against the widely reported gifts and other potential conflicts between drug companies and doctors.
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NEW YORK - The pharmaceutical industry has endured a disastrous 2004, and the aftermath will linger into the new year. Regulators at the Food and Drug Administration were expected to take a more cautious approach
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SOME of the biggest companies in the drug industry are shivering under an avalanche of bad news. Merck has already been hit hard by the withdrawal of Vioxx, its arthritis drug.
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Authorities and pet owners are beginning to raise serious questions about the safety and effectiveness of animal medicines, mirroring worries over human drugs like the painkiller Vioxx.
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Faced with the threat of generic competition, the company focuses its efforts on a new drug.
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European medical regulators have called on the worldâs leading pharmaceutical companies to improve their communications with authorities and surveillance of drugs, following frustration about Merckâs handling of the withdrawal of its anti-inflammatory
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When Raymond Gilmartin became chairman of the drug maker Merck, it was close to introducing several new medicines. Now, the company is in crisis.