BioPharma

The lawsuits are part of the broader multidistrict litigation over Zantac and ranitidine after various drugmakers including the defendants launched recalls of their products in 2019.

"Another example of Big Pharma reaping billions from public investment into research".

A U.S. federal court judge dismissed a lawsuit in which the drug maker claimed a would-be rival hired one of its employees, who then allegedly transferred a boatload of confidential information about its best-selling Humira treatment.

America is the cradle of breakthrough pharmaceutical innovation. U.S. biopharmaceutical companies create nearly two in every three new medicines.

Less than a week after Merck and Ridgeback released extraordinary data on the effectiveness of experimental COVID-19 drug molnupiravir, the rush is on to lock up supplies.

This documentary grasps at straws trying to prove that the former pharmaceutical executive Martin Shkreli might not be as loathsome as his reputation suggests.

The Covid-19 treatment molnupiravir was developed using funding from the National Institutes of Health and the Department of Defense.

Eli Lilly CEO David Ricks joins CNBC's Meg Tirrell to discuss how a pending drug pricing bill would "fundamentally restructure" the company's business model.

The Justice Department said these conspiracies allegedly resulted in higher drug prices for federal healthcare programs and beneficiaries according.

In each instance, the companies — the Sandoz unit at Novartis, Taro Pharmaceuticals and Apotex — admitted to working with rivals to set prices and supplies, and allocate customers for different medicines between 2013 and 2015.

Large pharmaceutical companies are nowhere near as important to real drug innovation as they purport to be.

The drug, named molnupiravir, reduces the risk of hospitalization or death by 50% in Covid-19 patients with mild and moderate symptoms compared with placebo, Merck said.

Undisclosed in the heart-wrenching commercials: The Partnership to Fight Chronic Disease has extensive ties to the lobby for major pharmaceutical companies, the Pharmaceutical Research and Manufacturers of America, or PhRMA.

The pharma industry has struggled for years with a poor reputation due to high drug prices and unethical business practices.

The move would bring down the price of Insulin Lispro Injection to $82.41 for individual vials and $159.12 for a pack of five pens.