Extortion group targets IPCA Labs
RansomHouse, a cyber extortion group, has targeted IPCA Laboratories, one of the biggest pharmaceutical companies in India, and claimed to be in possession of at least 500 GB of stolen … Read more
Pharmaceutical
SEC charges marijuana start-up with securities fraud
The US Securities and Exchange Commission has charged marijuana start-up POHIH, Inc. with allegedly misappropriating investor funds through a series of unregistered offerings. POHIH and its president, Kris A. Swaffer, … Read more
Judge Orders Pharmacy Chains to Pay $650.6 Million to Two Ohio Counties in Opioids Suit
A federal judge in Cleveland ordered three major pharmacy chains in the United States to pay $650.6 million in damages to two Ohio counties for their roles in fueling the … Read more
J&J to Replace Talc-Based Baby Powder
Pharmaceutical giant Johnson & Johnson (J&J) announced that it is replacing its talc-based baby powder after thousands of lawsuits from its female consumers. “As part of a worldwide portfolio assessment, … Read more
Hackers Target Pharmacies to Steal Prescription Drug Prescriptions
Hackers have reportedly hacked pharmacy accounts using bots to steal prescriptions for drugs such as Adderall and Oxycodone. “Accounts stolen by bots provide access to active prescriptions, which are then … Read more
Drug Resistant Bacteria Found in UK Pork
Drug and antibiotic resistant salmonella bacteria strain found in UK supermarket pork. According to a report shared exclusively with the Bureau of Investigative Journalism and the Guardian, 10% of sampled … Read more
US FDA Approves First Drug Treatment For Severe Alopecia
The United States Food and Drug Administration (FDA) approved Monday Olumiant (baricitinib) oral tablets, the first pill to treat severe alopecia areata. Olumiant, developed by the pharmaceutical company Eli Lilly, … Read more
Moderna Says New Vaccine Targets Omicron
Biotechnology company Moderna said its new COVID-19 vaccine targets Omicron variants, promising “more durable protection” than the previous booster. Moderna said Wednesday that the new vaccine booster passed the clinical … Read more
AstraZeneca Reviews Diversity in Vaccine Trials
AstraZeneca’s head of oncology said the company is conducting a major review of diversity across its trials to ensure all population groups benefit from its medicines. Dr. David Fredrickson … Read more
‘Pharma Bro’ Martin Shkreli Released From Prison Early for Halfway House
Former drug firm executive Martin Shkreli, nicknamed “Pharma Bro,” has been released early from prison to a halfway house on May 18. “We can confirm Martin Shkreli transferred on May … Read more