Shares in pharmaceutical companies shares fell after U.S. President Donald Trump said he was signing four executive orders aiming to lower drug prices.
Many amateur athletes reach for ibuprofen or other non-steroidal anti-inflammatory drugs (NSAIDs) to get through injuries or pain. Not only can doing this make recovery more difficult, but frequent use of anti-inflammatories can be dangerous.
Swiss pharmaceutical giant Novartis will pay some $729 million to settle a lawsuit brought by the US Department of Justice accusing it of paying kickbacks to doctors, among other allegations.
A new study has revealed that leaders of medical societies in the United States have ‘extensive’ financial links with the pharmaceutical industry and companies manufacturing medical devices.
A study of nearly 100,000 coronavirus patients has shown no benefit from the antiviral drugs hydroxychloroquine and chloroquine, and even an increased likelihood of dying in hospital.
The Bill & Melinda Gates Foundation is working on treatments for the coronavirus with Novartis, GlaxoSmithKline, and other large multinational drug companies.
The pharma industry has been accused of blackmailing a former Dutch government healthcare minister by threatening that some drugs would not be delivered to the Netherlands if a planned legislative change went through.
Pharmaceutical industry CEOs are demanding billions of dollars from governments in upfront funding for the development of coronavirus treatments and vaccines.
Pharma Stocks Fall After U.S. President Donald Trump Targets Drug Prices With Executive Orders