FT.com - Drugs and Healthcare
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Philip Morris ordered to pay $300m to smoker
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A Florida jury orders cigarette maker Philip Morris USA to pay $300m in damages to a 61-year-old ex-smoker who is wheelchair-bound by emphysema (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 20, 2009 Category: Pharmaceuticals Source Type: news
Under-fives get swine flu jabsEmail this article to a colleague.
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Children under five will be the next group to be given priority in receiving the swine flu vaccine, Sir Liam Donaldson, the chief medical officer, said yesterday. The... (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 20, 2009 Category: Pharmaceuticals Source Type: news
Cheap does not mean cheerful, says Toys R UsEmail this article to a colleague.
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This year's hard-to-find Christmas toy in the US, the Zhu Zhu Pets robotic hamster, costs about $10. But as he flips through Toys R Us's annual catalogue at the... (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 20, 2009 Category: Pharmaceuticals Source Type: news
Regulations trim growth at United DrugEmail this article to a colleague.
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Reduced prices in its main Irish markets have crimped sales growth at the healthcare products supplier, in spite of strong growth in its contract sales and drug packaging businesses (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 19, 2009 Category: Pharmaceuticals Source Type: news
Property concerns prompt NHS probeEmail this article to a colleague.
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An inquiry is being opened into how far the health service should retain control of its property when it puts services out to tender or allows mergers and takeovers (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 18, 2009 Category: Pharmaceuticals Source Type: news
GSK deal draws smokers' vaccine closerEmail this article to a colleague.
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The NicVAX vaccine moved closer to the market after a deal between GlaxoSmithKline and the US biotech company Nabi Pharmaceuticals, which developed the product (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 16, 2009 Category: Pharmaceuticals Source Type: news
GSK plans to cut drug production wasteEmail this article to a colleague.
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The UK-based pharmaceutical group has set a target to cut by two-thirds the waste generated by medicines production (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 15, 2009 Category: Pharmaceuticals Source Type: news
Grandma knows best when it comes to drugsEmail this article to a colleague.
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A small cluster of British drug companies is marketing drugs that are decades old, relying on consumers' affection for products that they probably first saw in their grandparents' medicine chest (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 14, 2009 Category: Pharmaceuticals Source Type: news
Asian growth boosts sales at SynergyEmail this article to a colleague.
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Strong demand for the decontamination of hospital equipment in Asia and Europe has buoyed revenues at Synergy Healthcare, the health services company. (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 12, 2009 Category: Pharmaceuticals Source Type: news
Ratiopharm offers emergeEmail this article to a colleague.
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Four financial investors, along with Israel's Teva, France's Sanofi-Aventis and the US's Pfizer, have submitted bids for the world's fourth-largest generic drugs group (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 12, 2009 Category: Pharmaceuticals Source Type: news
Buy-out groups see off Apoteket's peersEmail this article to a colleague.
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Private equity groups triumphed over several industrial groups – including Alliance Boots – in the $858m auction of Sweden's state-owned pharmacy chain (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 9, 2009 Category: Pharmaceuticals Source Type: news
Private equity dominates Apoteket auctionEmail this article to a colleague.
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Private equity groups triumphed over several industrial groups – including Alliance Boots – in the $858m auction of Sweden's state-owned pharmacy chain (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 9, 2009 Category: Pharmaceuticals Source Type: news
Sonova in $489m Advanced Bionics dealEmail this article to a colleague.
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The Swiss hearing aid manufacturer has made an agreed $489m cash offer for Advanced Bionics of the US, in a renewed push for global sales dominance (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 9, 2009 Category: Pharmaceuticals Source Type: news
IMS Health in $5.2bn leveraged buy-outEmail this article to a colleague.
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The prescription-drug data provider has agreed to sell itself to TPG Capital and Canada Pension Plan's investment board in what is the biggest such deal this year (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 6, 2009 Category: Pharmaceuticals Source Type: news
Drug group acquisition boosts BTGEmail this article to a colleague.
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A full half-year of contributions from Protherics boost revenues at the biotechnology group as it looks forward to the direct marketing of two major drugs in the US next year (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 6, 2009 Category: Pharmaceuticals Source Type: news
CVS shares plunge after losing drug contractsEmail this article to a colleague.
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The drugstore and benefit management company saw its shares fall more than 20 per cent after it announced the loss of $3.7bn of prescription management contracts for 2010 (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 5, 2009 Category: Pharmaceuticals Source Type: news
IMS Health nears $4bn private equity saleEmail this article to a colleague.
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IMS Health, a provider of prescription-drug data, is close to a sale to TPG and Canada Pension Plan's investment board for more than $4bn in cash (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 5, 2009 Category: Pharmaceuticals Source Type: news
Ultrasis posts first pre-tax profitEmail this article to a colleague.
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The interactive healthcare software maker reports a 59% increase in revenues to £4.2m due to gains from its computer program designed to treat depression (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 5, 2009 Category: Pharmaceuticals Source Type: news
Roll up for Japan's medical mystery tourEmail this article to a colleague.
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With a smaller slice of a shrinking domestic pie, Japanese pharmaceutical companies have had to take the fight abroad. The country's track record outside manufacturing does not bode well, but it is too soon to dismiss the industry, writes David Pilling (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 4, 2009 Category: Pharmaceuticals Source Type: news
ViiV vows joint venture will help fight HIVEmail this article to a colleague.
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The head of the pioneering tie-up between GlaxoSmithKline and Pfizer predicts the company can operate for at least five years without new funding from shareholders (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 3, 2009 Category: Pharmaceuticals Source Type: news
J&J to axe 7% of jobs in global restructureEmail this article to a colleague.
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Johnson & Johnson will cut up to 7% of its 117,000 employees by 2011 as it reduces costs in an effort to weather the global downturn and increase spending on new products. (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 3, 2009 Category: Pharmaceuticals Source Type: news
Pfizer backs US health reformEmail this article to a colleague.
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Jeffrey Kindler, chief executive of Pfizer, expressed confidence that US healthcare reform would be approved by the end of this year, and praised the Senate finance committee's latest draft in spite of the extra costs it would impose on his business (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - November 1, 2009 Category: Pharmaceuticals Source Type: news
Shire's drug sales offset Adderall declineEmail this article to a colleague.
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Falling sales of its now off-patent drug Adderall XR continue to weigh on the speciality pharmaceutical group, although strong growth in sales of new drugs are poised to compensate (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 30, 2009 Category: Pharmaceuticals Source Type: news
AZ to settle US marketing caseEmail this article to a colleague.
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AstraZeneca is poised to pay more than $500m to settle allegations in the US of marketing abuses of its second-most important drug (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 29, 2009 Category: Pharmaceuticals Source Type: news
GSK steps along desired path of evolutionEmail this article to a colleague.
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The group's traditional core market of prescription medicines in developed countries may fall to just a quarter of total sales according to Andrew Witty, chief executive of GSK (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 28, 2009 Category: Pharmaceuticals Source Type: news
Emerging markets offset US weakness at GSKEmail this article to a colleague.
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Strong growth in emerging markets and Japan, and in consumer healthcare products, offset declines in US pharmaceuticals, but the drugs group expects strong sales of flu vaccine (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 28, 2009 Category: Pharmaceuticals Source Type: news
Ranbaxy suffers 53% fall in US salesEmail this article to a colleague.
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India's largest drugsmaker continues to feel the financial pain inflicted by an import ban on some of its products amid efforts to resolve its row with the US Food and Drug Administration (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 26, 2009 Category: Pharmaceuticals Source Type: news
Swine flu jitters hit MBA coursesEmail this article to a colleague.
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Flu season is an inevitable fact of the academic calendar, much like midterm exams. Every year at about this time, health centres and infirmaries at business schools... (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 26, 2009 Category: Pharmaceuticals Source Type: news
Surge in patients going private on NHSEmail this article to a colleague.
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A growing number of patients are choosing private hospitals for their NHS treatment, latest figures from the Department of Health show, as the government's much-vaunted 'choice' agenda finally takes off (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 26, 2009 Category: Pharmaceuticals Source Type: news
Goldshield bid battle hots upEmail this article to a colleague.
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A management buy-out team sweetens its cash offer to 485p a share and moves to shut out a rival bid by the Fuhrer family, owners of a leading Israeli pharmaceutical business (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 26, 2009 Category: Pharmaceuticals Source Type: news
J&J wants deals with rivals to share riskEmail this article to a colleague.
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In order to share drug development risks US healthcare group Johnson & Johnson is to take more long-term minority stakes and forge alliances with rivals (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 25, 2009 Category: Pharmaceuticals Source Type: news
Ratiopharm chief is in for the long haulEmail this article to a colleague.
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The world's fourth largest generic drugmaker is back on track after a large-scale revamp of the group. (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 25, 2009 Category: Pharmaceuticals Source Type: news
AstraZeneca to draw on car plant expertiseEmail this article to a colleague.
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The Anglo-Swedish pharmaceutical group has agreed to fund at least two 'lean experts' borrowed from Jaguar Land Rover, who are applying their knowledge of efficient car production techniques to drugs (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 25, 2009 Category: Pharmaceuticals Source Type: news
Cost cuts buoy drug groups' profitsEmail this article to a colleague.
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Pharmaceutical companies maintained profits in the third quarter, helped by cost controls, but sales gains were modest (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 22, 2009 Category: Pharmaceuticals Source Type: news
Novartis warns on currency blow to profitsEmail this article to a colleague.
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Swiss drugmaker raised its full-year sales forecast and sees a boost of up to $700m from sales of its H1N1 swine flu vaccine (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 22, 2009 Category: Pharmaceuticals Source Type: news
Elan pins hopes on multiple sclerosis drugEmail this article to a colleague.
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The Irish drugs group put multiple sclerosis at the centre of its future strategy for growth following last month's sale of its Alzheimer programme to US group Johnson & Johnson (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 21, 2009 Category: Pharmaceuticals Source Type: news
Merck pays $3m in speaker fees to US doctorsEmail this article to a colleague.
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In a move towards greater transparency, Merck has released figures showing payments made to the medical fraternity in the third quarter – though it has provided less information than rival Eli Lilly (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 20, 2009 Category: Pharmaceuticals Source Type: news
GSK faces Merck in vaccine price warEmail this article to a colleague.
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GlaxoSmithKline plans to undercut its rival pharmaceutical group in a battle for sales following US regulatory approval for its cervical cancer vaccine Cervarix (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 19, 2009 Category: Pharmaceuticals Source Type: news
Pfizer marks shift to more diverse operationEmail this article to a colleague.
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The world's largest pharmaceutical group moves away from a highly centralised group towards a more diverse and international operation as it celebrates the first day of its merger with Wyeth (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 19, 2009 Category: Pharmaceuticals Source Type: news
Tamiflu boosts Roche sales figuresEmail this article to a colleague.
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Roche saw its third-quarter sales rise, helped by its cancer drugs and H1N1 flu medicine Tamiflu (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 15, 2009 Category: Pharmaceuticals Source Type: news
Johnson & Johnson profits beat estimatesEmail this article to a colleague.
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Johnson & Johnson reported third-quarter profits that beat Wall Street estimates, but its sales declined on weak demand for pharmaceuticals (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 13, 2009 Category: Pharmaceuticals Source Type: news
Sinclair to raise £25m to fund drug purchasesEmail this article to a colleague.
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Sinclair Pharma is to raise £25m to fund the purchase of two skincare drugs. The dermatology and oral health medicines group also announced the departure of its chief executive (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 13, 2009 Category: Pharmaceuticals Source Type: news
Human rights are the wrong basis for healthcareEmail this article to a colleague.
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Political reality is that a 'right to health' is a trump card to get more resources – and it is rarely the poor who play it most effectively, writes William Easterly (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 12, 2009 Category: Pharmaceuticals Source Type: news
A chronic conditionEmail this article to a colleague.
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America: As he seeks the passage of healthcare reforms that have eluded predecessors, Barack Obama faces the biggest test so far of his presidency. The road has been long and troubled (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 11, 2009 Category: Pharmaceuticals Source Type: news
Thalidomide victims seek new compensationEmail this article to a colleague.
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Hundreds of people left with birth defects caused by the morning sickness drug thalidomide have launched fresh demands for government compensation, 50 years after the authorities approved its launch (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 8, 2009 Category: Pharmaceuticals Source Type: news
French generic drug raids point to wider probeEmail this article to a colleague.
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The breadth of the European Commission's investigation into the generic industry launched this week suggests it extends beyond a single deal and explores practices across the sector in France (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 8, 2009 Category: Pharmaceuticals Source Type: news
PPR spin-offsEmail this article to a colleague.
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The French conglomerate's decision to spin off a majority stake in CFAO, its African car and drugs distribution arm, is welcome (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 7, 2009 Category: Pharmaceuticals Source Type: news
PPR out of AfricaEmail this article to a colleague.
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The French conglomerate's decision to spin off a majority stake in CFAO, its African car and drugs distribution arm, is a welcome one (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 7, 2009 Category: Pharmaceuticals Source Type: news
Sanofi, Teva and Novartis raided in antitrust probeEmail this article to a colleague.
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Competition watchdog begins 'surprise inspections' at pharmaceutical companies amid concerns of 'possible' anti-competitive business practices (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 7, 2009 Category: Pharmaceuticals Source Type: news
GSK eyes £2bn flu vaccine salesEmail this article to a colleague.
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UK pharmaceutical group GlaxoSmithKline is in line to generate £2bn over the next year from sales of its pandemic flu vaccines (Source: FT.com - Drugs and Healthcare)
Source: FT.com - Drugs and Healthcare - October 6, 2009 Category: Pharmaceuticals Source Type: news
