pharmaceutical News

U.S. Product Recalls Reach 10-Year High in Q1

Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food and drink, pharmaceutical, and medical device industries according to Sedgwick’s latest quarterly Recall Index. Segdwick’s brand-protection experts said it is …

Bial-Portela Drug Trial Halted When 6 Are Hospitalized; One Person Is Brain Dead

Clinical testing on an experimental drug from Bial-Portela & Ca. SA, a closely held Portuguese company, led to six patients being hospitalized in France including one person who was put on life support and diagnosed as brain dead. Three of …

ACE Launches Enhanced Clinical Trials Liability Cover for UK Companies

ACE Group has launched an enhanced clinical trials liability proposition for UK companies, which provides life science companies with specialist insurance for clinical trials programs conducted anywhere in the world. With the need for clinical trials to be initiated and …

Berkley Life Sciences Launches Coverage for Drug & Medical Device Shortages

Berkley Life Sciences, LLC, a member company of W. R. Berkley Corp., has released a new insurance created to address attempts to hold pharmaceutical and medical device companies liable because their drugs, devices or other life science products or components …

Boston Consumer Group Sues 8 Drugmakers Over Drug Coupons

Eight drugmakers are being sued by a consumer advocacy group that alleges their programs offering coupons that lower the cost of copayments for brand-name medicines are illegal. Community Catalyst alleges that the couponing programs violate federal bribery laws because they’re …

Marsh and Allied World Launch Coverage for Corporate Officers

Marsh and Allied World Assurance Co. have rolled out a new product to cover the costs associated with Responsible Corporate Officer (RCO) investigations and related enforcement actions. The product was designed to help life science, pharmaceutical and healthcare companies manage …

North Carolina House Backs Liability Protections for Drug Makers

The North Carolina House has voted to give pharmaceutical companies sweeping product liability protections as part of a larger Republican effort to limit liability for North Carolina businesses. The proposed legislation that passed the House 86-32 would grant drug companies …