Pharmaceutical industry

‘Medical stocks are down by 90 percent’: Greece accuses pharma giants of slashing imports

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… Read More ›

Drugs giant Novartis warns jobs may go overseas: said bringing a drug to an NHS trust, securing clinical trials and getting approval, is inefficient and takes too long

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… Read More ›

Drugs companies ‘are putting profits ahead of medical discoveries’, claims hard-hitting report

For every £1 spent on basic research a  whopping £19 is spent on marketing, claim experts Current reward system discourages  innovation, they add  By Claire Bates PUBLISHED:10:13 EST, 8  August 2012| UPDATED:11:08 EST, 8 August 2012 Read more: http://www.dailymail.co.uk/health/article-2185437/Drugs-companies-putting-profits-ahead-medical-discoveries.html#ixzz23E8u5ocy The… Read More ›