Two former executives of a pharmaceutical distributor company are facing criminal drug trafficking charges on accusations of illegally distributing opioids and conspiring to defraud the US Drug Enforcement Administration, the first time distributors have been criminally charged with these crimes.
Due to a shortage of certain commonly used blood pressure drugs, the US Food and Drug Administration took the unusual step Thursday of reminding patients that they have access to available -- if tainted -- medicines while a fresh supply of uncontaminated pills is manufactured.
Democratic presidential candidate Sen. Amy Klobuchar said not doing more to address prescription drug prices in the Affordable Care Act was a "missed opportunity" by former President Barack Obama.
The US Food and Drug Administration approved Janssen Pharmaceuticals Inc.'s esketamine on Tuesday for treatment-resistant depression; the drug is the chemical cousin of ketamine, the powerful anesthetic that has been used illegally as the club drug Special K.
A pharmaceutical company executive defended his company's recent 400% drug price increase, telling the Financial Times that his company had a "moral requirement to sell the product at the highest price." The head of the US Food and Drug Administration blasted the executive in a response on Twitter.
Medicine is being stockpiled in the United Kingdom in preparation for a messy Brexit.
Prescription drug manufacturers dole out billions of dollars in rebates every year, but these savings don't usually trickle down directly to consumers.
Japanese pharmaceutical company Takeda has made a big breakthrough in its campaign to buy biotech firm Shire -- but its investors are getting worried.
