pharmaceutical industry News

AstraZeneca to Pay $425 Million to End US Lawsuits Over Heartburn Drugs

Britain’s AstraZeneca has agreed to pay $425 million to settle about 11,000 lawsuits in the United States that claimed its heartburn drugs Nexium and Prilosec caused chronic kidney disease. AstraZeneca did not admit wrongdoing under the settlement, part of broader …

EU Probes Anesthesia Complication for New Weight-Loss Drugs

European authorities are investigating whether popular weight-loss and diabetes drugs including Novo Nordisk A/S’s Wegovy may be linked to complications during anesthesia. The European Medicines Agency’s safety committee, PRAC, is discussing the potential safety issue during its meeting this week. …

As Complaints Against Pharmacists Rise So Does the Cost to Defend Them

The cost to defend complaints against pharmacists to their State Board has increased more than 100% in the last decade, according to a newly released claim report published by Healthcare Providers Service Organization (HPSO), a division of Aon Affinity, the …

Tainted Medication Fears Spur Defense Department to Seek Outside Testing

The US Department of Defense entered an agreement with Valisure, an independent lab that’s spotted dangerous chemicals in a variety of widely used pharma and consumer products, to test medications amid surging concerns about generic drug quality and shortages. Under …

Teva Agrees to Pay $126M to US Hospitals Over Opioids

Teva Pharmaceutical Industries Ltd has agreed to pay up to $126 million to U.S. hospitals over 18 years to settle claims that its marketing of opioid drugs raised the hospitals’ operating costs. As part of the proposed settlement, disclosed in …

EU Widens Probe of Suicide Risks Linked to Weight-Loss Drugs

The European Union’s drug regulator expanded its investigation into a possible risk of suicidal thoughts associated with a new class of weight-loss medicines and a separate analysis found that most patients stopped taking the medications after a year. The European …

Supreme Court Rejects Teva Challenge to $235 Million GSK Award in Patent Dispute

The U.S. Supreme Court on Monday declined to hear Teva Pharmaceuticals USA Inc’s challenge to a $235 million award to GlaxoSmithKline LLC in a patent dispute over generic drugs involving a heart medication. The justices turned away Israel-based Teva’s appeal …

Worker’s Body Recovered at Site of Explosion at Massachusetts Plant With Fire History

The body of a worker who died in an explosion at a Newburyport, Massachusetts chemical plant has been recovered and identified. The deceased has been identified by his family as Jack O’Keefe of Methuen. The body was recovered about 5:30 …

U.S. Sues Rite Aid for Missing Opioid Red Flags

The U.S. government on Monday sued Rite Aid Corp., accusing the pharmacy chain of missing “red flags” as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids. In a complaint filed in Cleveland federal court, the …

U.S. Opioid Crackdown Hits Some Patients’ Access to Psychiatric Drugs

A crackdown by U.S. drug wholesalers in response to the opioid crisis is preventing some pharmacists from dispensing a combination of stimulants and sedatives routinely prescribed by psychiatrists to help patients manage conditions like anxiety and ADHD. The three main …