Pfizer Inc. and Merck & Co. Inc.’s commenced the latest trial for their developing oral antiviral drugs for COVID-19 in combatting the rise of potentially terminal virus-related illnesses. Reuters reported that Pfizer’s recent mid-to-late stage trial will sign up 1,140 …
UK regulators accused pharmaceutical companies Pfizer and Flynn of fraudulently overcharging the National Health Service (NHS) for critical anti-epilepsy medicines and exploiting their market dominance to boost prices overnight. The Competition and Markets Authority (CMA) has reaffirmed its 2016 conclusion …
The UK Competition and Markets Authority (CMA) has fined pharmaceutical Advanz and two private equity firms for increasing the price of a thyroid drug by more than 1,000 percent over eight years. CMA said that Advanz and the buyout groups, …
The United States has reported a record number of over 93,000 deaths caused by drug overdose in 2020 amid the COVID-19 pandemic, according to official government data. An estimated 93,331 Americans died from drug overdose last year — amounting to …
AstraZeneca announced on Tuesday that its experimental monoclonal antibody treatment for COVID-19, also known as AZD7442, failed to hit the pharmaceutical giant’s primary aim of preventing symptoms in individuals who recently became exposed to the coronavirus disease. The company said …
The United States Food and Drug Administration (FDA) on June 7 approved the use of Aduhelm for Alzheimer’s, becoming the first new drug approved for the disease in nearly 20 years. “Aduhelm represents a first-of-its-kind treatment approved for Alzheimer’s disease. …
The Chinese government issued an order to add all synthetic cannabinoids substances to the list of prohibited drugs in the country, China’s drug control unit said in a statement on Tuesday. In a press release, China’s National Narcotics Control Commission …
Wellspring, of Monsey, N.Y., recalled about 15,000 containers of Welmate Lidocaine Numbing Cream due to potential safety risk. The packaging of the product, which contains lidocaine, a local anesthetic, is not child-resistant as required by law, posing a risk of …
The Indian government announced on Sunday that it would ban the exportation of the antiviral drug Remdesivir and its active pharmaceutical ingredients as the country continues registering spiking number of COVID-19 cases over the previous week. In a statement, the …
The nation’s largest aeroponic cannabis cultivator donated $70,000 to the Shawnee Community College to kickstart a cannabis work force training program. Aerīz, a cannabis company most known for its enviromentally-friendly production, made the donation to continue union job growth in …