27 Sep 2013 Tokyo (AFP) Japanese authorities are preparing to raid the local arm of Swiss pharmaceutical giant Novartis over data fabrication claims, reports said Friday. A health ministry panel of experts has concluded that Novartis Pharma KK should be held responsible for studies at various universities that used […]
Posted by Gary Greenberg It’s been just over twenty-five years since Prozac came to market, and more than twenty per cent of Americans now regularly take mind-altering drugs prescribed by their doctors. Almost as familiar as brands like Zoloft and Lexapro is the worry about what […]
Off-Label Marketing Puts Novartis in Hot Water By ROSE BOUBOUSHIAN (CN) – Novartis Pharmaceuticals must face claims that it promoted the use on infants of a drug that U.S. regulators have deemed harmful, a federal judge ruled. While working as a senior sales consultant for Basel, Switzerland-based Novartis […]
Doctors say industry ‘profiteering’ threatens lives Jeremy Laurance Sunday, 28 April 2013 An influential group of cancer experts has warned that the high prices charged by pharmaceutical companies for cancer drugs are effectively condemning patients to death. The group of more than 100 leading cancer physicians from around […]
Source: Reuters – Fri, 26 Apr 2013 08:44 PM Author: Reuters * Second civil fraud lawsuit by U.S. in four days * U.S. says Novartis sought to boost sales of drugs * Dinners held at pricey Chicago, D.C. restaurants * Novartis disputes claims, says will defend itself By […]
MANHATTAN (CN) – Novartis Pharmaceuticals cost Medicare and Medicaid tens of millions of dollars by paying kickbacks to pharmacies to switch transplant patients to one of its drugs instead of cheaper generics, federal prosecutors say. The United States unsealed a four-count complaint against Novartis on […]
Published time: February 28, 2013 01:36 AFP Photo / Louisa Gouliamaki The Greek government has reportedly accused 50 leading pharmaceutical companies of cutting off supplies of key medications to the country, sparking a run on pharmacies. Drug companies say the cheap medicines they supply merely get re-exported […]
17 Jan 2013 | 19:49 GMT | Posted by Heidi Ledford | The US Food and Drug Administration (FDA) has approved the first seasonal flu vaccine comprised of recombinant proteins, rather than inactivated or weakened virus. The 16 January approval of Flublok, developed by Protein Sciences Corporation in […]
By ELIZABETH WARMERDAM SAN FRANCISCO (CN) – Venture capitalists swiped the rights to a new heart drug and stand to make $620 million from it, cheating the research company that developed it, the neuroscience company claims in Federal Court. The Florey Institute of […]
The Government must tackle the red-tape and research hold-ups hampering Britain’s pharmaceutical industry or risk seeing jobs and investment disappear overseas, one of the industry’s leading companies has warned. Novartis global finance director Jon Symonds said that while the UK has made “great strides” in supporting life sciences, […]
By Helen Branswell, The Canadian PressOctober 27, 2012 TORONTO – Canada is following the lead of several European countries and suspending distribution of flu vaccine made by the pharmaceutical firm Novartis. The decision relates to the discovery by the company of tiny clumps of virus particles in some […]
France halts sale of Novartis flu vaccine Fri, 26 Oct 2012 14:18 GMT Source: reuters (Adds comment from European Medicines Agency) PARIS, Oct 26 (Reuters) – France said it was halting sales of an influenza vaccine made by Swiss drugmaker Novartis as a precaution after potential impurities were […]
Update #2 : France, Germany, Spain, Italy, and Switzerland now imposing partial ban on the Novartis Flu Vaccine Italy has banned them..Switzerland is now considering Thu, 25 Oct 2012 16:57 GMT Source: reuters MADRID, Oct 25 (Reuters) – Spain joined other European countries in halting the sale of […]
Wed, 24 Oct 2012 17:14 GMT Source: reuters ROME/ZURICH, Oct 24 (Reuters) – Italy banned the sale and use of anti-influenza vaccines produced by Novartis on Wednesday pending tests for possible side effects, prompting authorities in Switzerland to also take precautionary steps. The Italian Health Ministry advised citizens […]
