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NEWS ABOUT: pharmaceutical companies

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Schizophrenia Drug Offers New Hope

Works on different brain chemical than its predecessors

(Newser) - The first human trial of a new medication to treat schizophrenia that works fundamentally differently from its predecessors has shown promising results, according to this month's Nature Medicine. The drug targets glutamate rather than dopamine, as do other drugs. Scientists have long known glutamate is involved in schizophrenia. More »

Drug Giant Sues Red Cross Over ... Red Cross

Johnson & Johnson claims trademark infringement

(Newser) - Pharmaceutical behemoth Johnson & Johnson has filed a lawsuit in federal court against the American Red Cross over its signature logo, the Wall Street Journal reports. The suit claims the humanitarian organization is violating the Johnson & Johnson trademark by licensing the signature red cross symbol to companies for use... More »

Generics Curb Rise in Drug Costs

Cheap alternatives to brand-name meds appear as patents expire

(Newser) - Scores of prescription drugs are getting cheaper, as name-brand patents expire and open the door to generic imitators. That's bad news for pharmaceutical companies, the Times reports, but it means that an aging population ever more reliant on drugs will be paying as much as 80 percent less for them. More »

Birth Control Prices at US Colleges Skyrocket

Female students may no longer be able to afford the Pill

(Newser) - Many college students may no longer be able to afford birth control come September, thanks to a 2006 bill that discourages drug companies from offering schools deep discounts on contraceptives. The change went into effect this year, but students will feel the crunch only now, as health centers that stocked... More »

Drug Recall Hurts Poor HIV Patients

In many countries, no life-saving meds

(Newser) - In the wake of a drug recall by the Swiss pharmaceutical company Roche, tens of thousands of AIDS patients in the developing world no longer have access to lifesaving medicine. Last month, Roche announced a recall of the drug Viracept, after finding a hazardous chemical in some batches. But in... More »

Merck News Gives Markets Shot in the Arm

Dow rises 92.34 on component's earnings, big oil merger

(Newser) - Stocks rallied across the board today, after a number of major buyouts and earnings reports diverted traders' attentions from the foundering subprime market and an enervated dollar once again. The Dow was up 2.34 to 13943.42 after drug-maker Merck, a major component of the index, reported its best... More »

Americans Pop Happy Pills in Record Numbers

Antidepressants are most-prescribed drug in the US

(Newser) - Antidepressants are America's most prescribed drugs, according to a new CDC report, clocking in more scripts than meds for high blood pressure, high cholesterol, or asthma. Prescriptions for antidepressants rose 48% between 1995 and 2002, accounting for 118 million of the 2.4 billion drugs prescribed in 2005. More »

Feds OK Alzheimer's Skin Patch

New treatment gives patients, caregivers some peace of mind

(Newser) - A patch to treat symptoms of Alzheimer's disease cleared its final federal hurdle today, offering new hope to patients with the memory-sapping disorder—and the caretakers who worry about whether they're taking their meds. Exelon, which treats mild to moderate dementia, enters the bloodstream directly, regulating dosage and reducing the... More »

Drug Company Nemesis Strikes Again

Crusading cardiologist took on Vioxx, now Avandia, for heart risks

(Newser) - The doctor who helped to raise concerns about the painkiller Vioxx is back—with the study released earlier this week linking the same company's popular diabetes drug, Avandia, to higher risk of heart attacks. The Wall Street Journal looks at 58-year-old cardiologist Steven Nissen's role in identifying and publicizing drug... More »

Diabetes Drug Ups Heart Risk

New study documents dangers of Avandia, but company nixes recall

(Newser) - A popular diabetes drug may increase heart attack risks, a study reported in the New England Journal of Medicine concludes. Patients who took Avandia, which treats Type 2 diabetes, were 43% more likely to have a heart attack than those who took a placebo, the Cleveland Clinic study found. More »

Psych Drugs Drove Kid Crazy

Careless prescriptions turned shy chess nerd into into belligerent hulk

(Newser) - The careless prescription of anti-psychotic drugs, often by psychiatrists who draw pay checks from the companies who make them, has drawn attention in the New York Times recently. Now Ann Bauer, writing in Salon, draws an intimate portrait of the effects of such carelessness on one autistic teenager, who turned... More »

Big Pharma Loses Generic Drug Fight

Deal for developing nations first blow by Dems in Congress

(Newser) - Congress and the White House have agreed to give developing nations more access to affordable generic drugs by easing some patent enforcement rules. Tucked into a broader trade agreement passed last week, the provision is the first blow to American pharmaceutical companies since the Democrats won control of Congress, the ... More »

OxyContin Maker Pleads Guilty

Manufacturer, execs admit misleading public about risky painkiller

(Newser) - The company that makes OxyContin pleaded guilty today to misleading the public about the effects of the potent painkiller. Purdue Pharma and three executives will pay $634.5 million in civil and criminal fines. Federal prosecutors accused the firm of "misbranding" the drug, marketing it as a less addictive... More »

Doctors Paid Millions To Use Anemia Drugs

Among the world's top-selling medicines, the FDA now says they may be unsafe

(Newser) - Doctors are paid millions of dollars by drug companies to give their patients anemia medicine which regulators now say may be dangerous. Spurred by competiton between several similar drugs, companies reward doctors with rebates, which allow them to make a significant profit, the New York Times reports. More »

Pharmaceutical Farming Generates Hopes and Fears

Benefits weighed against risk of food-supply contamination

(Newser) - The battle over genetic modification has a new player: "pharming," or pharmaceutical farming, which uses genetically modified plants to mass-produce drug compounds relatively inexpensively. By altering common plants—for instance, tobacco, which can be engineered to produce an HIV drug—researchers say pharming could transform the treatment of... More »

Vaccine May Not Prevent Cervical Cancer

Mandated for all girls in some states, HPV vaccine fails to deliver

(Newser) - Pharma behemoth Merck is defending what it touted as a miracle cervical-cancer vaccine against charges of ineffectiveness. Merck lobbied states to mandate Gardasil for young girls—Texas and Virginia did—and got a glowing endorsement from the CDC. But new studies show that it works only to prevent sexually-transmitted HPV,... More »

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