CEUT

South Africa Wins landmark case against pharmaceutical giants

South Africa has scored a landmark legal victory over pharmaceutical giants wanting to stop South Africa from importing cheap AIDS drugs. The country with largest number of AIDS patients in the world now wants to secure affordable drugs from around the world to tackle its AIDS epidemic. The Health Ministry of South Africa, published 70 pages of draft legislation that would allow it to s...

Pharmaceutical giant offers AIDS related antifungal drug free to 50 countries

Diflucan Partnership seems to be the latest mantra of Pfizer. The pharmaceutical giant has announced that it will supply free antifungal drug to 50 countries hardest hit by the AIDS virus. The decision by the Pfizer comes close on the heels of the South African Government winning a landmark case against pharmaceutical companies. In an announcement on Wednesday Pfizer said AIDS related a...

Pharmaceutical giant offers AIDS related antifungal drug free to 50 countries

Diflucan Partnership seems to be the latest mantra of Pfizer. The pharmaceutical giant has announced that it will supply free antifungal drug to 50 countries hardest hit by the AIDS virus. The decision by the Pfizer comes close on the heels of the South African Government winning a landmark case against pharmaceutical companies. In an announcement on Wednesday Pfizer said AIDS related a...

Setting up a new pharmaceutical industry in India

Erweka Germany is setting up a new pharmaceutical company in India in the name of Erweka India Pvt Ltd to be based at Ahmedabad. Erweka has started manufacturing 50 years ago in Germany and today is world leader in testing equipment. Erweka, Germany, one of the biggest manufacturer - Supplier of testing and R&D equipment to phamaceutical industries worldwide has a strong brand name in the...

Medicis Pharmaceutical company enters pediatric market

Medicis is the leading independent pharmaceutical company in the United States focusing primarily on the treatment of dermatological conditions. Based in Wilmington, Mass., Ascent is a pharmaceutical company primarily dedicated to the specialty of pediatrics. Medicis Pharmaceutical Corporation and Ascent Pediatrics, Inc. today announced that they have entered into a definitive merger agre...

FDA approves Watson Pharmaceuticals' Oxytrol patch

The Food and Drug Administration has approved a new patch developed by Watson Pharmaceuticals Inc., for the treatment of an overactive bladder. The patch called Oxytrol (generic: oxybutynin transdermal system) reduces urinary urge incontinence, urinary urgency, and urinary frequency, according to the drug's maker. Oral forms of oxybutynin has been around for around 25 years but it has not...

Raids Conducted In Hospitals And Pharmaceutical Companies

Central Bureau of Investigation (CBI) of India on Monday conducted raids in various hospitals and pharmaceutical companies across the four Indian cities Delhi, Bangalore, Trivandrum and Goa. //The CBI officials feel that they have collected important information in connection with buying of sub-standard medical equipments from Pharmaceutical companies. The CBI officials feels that man...

Supply of Radiopharmaceuticals Hampered by Attacks

As a result of the September 11 terrorist acts in New York and Washington DC, air transportation in the United States was put on hold for several days, which severely affected the production and distribution of radiopharmaceuticals. Most radiopharmaceuticals are shipped via air due to their specific nature. These products are either radioactive themselves or they are pharmaceuticals wi...

Pharmaceutical companies are targeting patients

TV viewers are right if they are feeling bombarded by commercials. Drug company advertising aimed at ordinary people instead of doctors tripled in the U.S. between 1996 and 2000 to nearly $2.5 billion a year. Advertisements targeting consumers account for 15% of U.S. spending to promote medications, up from almost 9% in 1996.// Spending that targets doctors - including visits from sale...

Ranbaxy Pharmaceuticals Inc awarded the prestigious outstanding supplier award received from Wal-Mart

In a statement released by Ranbaxy Pharmaceuticals Inc (RPI), they have stated that have received the prestigious Supplier Award // from Wal-Mart, the largest chain store in the US, for outstanding performance in the first quarter of 2005. Wal-Mart Stores is a global company with more than 1.3 million associates worldwide and nearly 5,000 stores and wholesale clubs across 10 countries....

Indian Pharmaceutical Industries Stops Manufacturing And Sale Of Valdecoxib

Indian Pharmaceuticals companies Glenmark pharma and Nicholas Piramal has withdrawn their drug Valdecoxib from the Indian market after USFDA ban the sale of Valdecoxib formulation products and the recent notification issued by // the health ministry of the government of India asking the pharma companies to stop selling and production of Valdecoxib. Ranbaxy as already withdrew the drug fro...

Pharmaceutical industries grant for R&D to be monitored

The Office of Fair Trading is responsible for checking the profits and safety of the drugs the pharmaceutical //manufacturers sell to the NHS. They have to monitor that only branded and quality medicines are sold and the prices should be reasonable. The Pharmaceutical Price Regulation Scheme [PPRS] is a voluntary organization which monitors and legislates the agreement of the pricing an...

Japanese And Chinese Pharmaceutical Companies Join Together In Drug Testing

Japanese Pharmaceutical Company and Chinese Biotech Company join hands to form a new venture for production of drugs and clinical trials. The Japanese company GNI merged with Chinese company Shanghai Genomics. // The wet lab facilities and validation would be done by Shanghai Genomics. China will be testing new lead compounds produced by GNI, such as new compounds for lung fibrosis and...

Antigenics Pharmaceuticals plans for Phase III trial of its Melanoma vaccine

Antigenics Pharmaceuticals is to start its Phase III cancer vaccine trial against Melanoma which is a type of skin cancer. Oncophage is the new skin cancer vaccine developed by Antigenics.// The vaccine trial of Oncophage which was conducted in 322 patients failed to meet the required statistically significance results compared to prolongation in survival and the vaccine was not shown to...

United Kingdom Is Lagging In Novelty In The Field Of Pharmaceuticals

United Kingdom is lagging in innovation, as shown by the market share of new medicines in various countries, including primary care and hospital markets. Reports from various sources prove that Europe has shown very low growth in the field of pharmaceuticals and hospital care//. Europe has a new plan in order to counter the worsening competitive position of its biopharmaceutical enter...

Top Pharmaceuticals Influence Doctors Prescriptions

London October 20, 2005: What has been known perhaps for sometime is now confirmed by a survey published in the journal Nature which suggests that top pharmaceutical companies are influencing decisions of doctors about how their products are to be prescribed.// The journal reveals that that the vicious circle is set by academicians and physicians who make the general rules on which drug...

Australia to Show Leniency towards U.S. Pharmaceutical Companies

Australian would remove the amendment which states to reduce the price of the drug obtained from US. The Trade Minister and the // acting Prime Minister Mark Vaile reported that this amendment was accepted because it was supported by the major opposition party in Australia (Labor Party). The reason that the party supported the amendment was to prevent the delay in the intro...

Male Contraceptive Pill Being Developed By Berlin Pharmaceutical

A Berlin-based pharmaceutical company, Schering, has obtained promising results in the development of a male contraceptive pill//. The male contraceptive, which comes almost 45 years after Schering developed the female contraceptive pill, is just skin deep - in the form of an implanted hormonal capsule and an injection given every few months. This project is headed by a sl...

Yale University guidelines for Physicians and Pharmaceutical industry

Yale University School of Medicine has drafted guidelines to be followed by the principal investigator of the project in Yale University and Pharmaceutical industry for effective and critical interactions between University and Pharmaceutical Industry. // The guidelines are prepared to maintain stringent quality of the research and also recommend that University investigator should no...

More Study On Side Effects of ADHD Drug Needed: Shire Pharmaceuticals

Drugs meant for treatment of Attention Deficit Hyperactivity Disorder (ADHD), Ritalin (Novartis AG) and Adderall (Shire Pharmaceuticals) would be subjected to stringent clinical trials to assess the safety and side effects // of the drug. The decision has been taken following the reports of the U.S. advisory panel, which stated that strong warnings should be associated with marketing...

Chugai Pharmaceutical To Initiate Domestic Production Of Bird Flu Vaccine

A new project to manage the potential shortage of bird flu vaccine (Tamiflu) in Japan, the World’s biggest user of the anti-flu preparation, would soon be initiated by Chugai Pharmaceutical Company, a subsidiary of Roche Ltd. // Request by the Ministry of Health, Labor and Welfare of Japan is said to have sparked the initiative. The domestic production of the bird flu vaccine is hoped...

New Lung Cancer Drug Launched By Roche Pharmaceutical

Major Pharmaceutical Company Roche launched its anti-cancer drug `Tarceva' (erlotinib), which `prolongs and improves' quality of life of patients//, suffering from lung cancer. The Managing Director Dr G L Telang said, it was an oral tablet taken once a day and has the potential to treat many types of solid tumours therapy for patients with locally advanced or metastatic Non-Small Cell...

Personalized Medicine and Innovative Pharmaceuticals

Personalized medicine is creating quite a revolution of sorts. A clue into what might be the norm, years from now, personalized medicines will aim at reducing// or totally obliterating the side-effects by evolving medicines that are tailor –made to a person’s genetic information. Indeed this will be a whole new story in the development of drugs. Amalia M. Issa, a pharmacologist and cli...

New lease of life for asthmatics by Accentia Biopharmaceuticals

Accentia Biopharmaceuticals, Inc. (NASDAQ:ABPI), through its specialty pharmaceuticals subsidiary, TEAMM Pharmaceuticals, Inc., has developed MD Turbo.// It is the first and only available product that transforms many of the most commonly prescribed metered dose inhalers (MDIs) into breath-activated, dose-counting inhalers. MD Turbo will be available at pharmacies in May of this year....

Pravastatin Launched by Watson Pharmaceuticals

Pravastatin sodium has been launched by Watson Pharmaceuticals, Inc. , a leading specialty pharmaceutical company, under a distribution agreement with Bristol-Myers Squibb Company. Shipments of pravastatin sodium tablets// have been started by Watson, in the 10, 20 and 40 mg strengths. Watson Pharmaceuticals, Inc. has its headquarters in Corona, CA. It is a leading specialty pharmaceuti...

PharmaVentures Exploits Fastest Growing Media Channel to Launch First Pharmaceutical Business Television Show

PharmaVentures today announces the launch of a brand new internet-based television show//: PharmaVentures Business Review. Dr Fintan Walton, CEO, PharmaVentures, says, ‘This show, the first in a monthly series, provides viewers across the pharmaceutical and biotechnology sectors with insightful analysis and debate covering major transactions and industry trends. It gives exclusive...

Australian Drug Regulators Call for Revamp On The Pharmaceutical Surveillance

The drug regulators of Australia want the country's pharmaceutical surveillance overhauled, they argue that such a step could help to reduce deaths and disease that might be caused by faulty drug use // . The newspapers reported that the authority on prescribed drug subsidies, Lloyd Sansom, have said that Australia had already lost a chance of getting an early warning about the potent...

Clinicians Participating In the Pharmaceutical-Sponsored Trails Tend To Prescribe Their Drugs

According to a Danish study conducted by Dr. Morten Andersen of the University of Southern Denmark-Odense and colleagues it was found that doctors //who took part in pharmaceutical-sponsored clinical trials tend to prescribe the sponsor’s drugs. The study results appear in the Journal of the American Medical Association. The research team said that this is due to the fact that the doctor...

Tata Industries picks up stake in Indigene Pharmaceuticals

Tata Industries Ltd today said it has acquired a significant stake in Indigene Pharmaceutical, a subsidiary of US-based indigene Pharma Inc// , for an undisclosed amount. Indigene, which is involved in biopharmaceuticals, has been in the business of both prescription and consumer healthcare products. Commenting on the strategic alliance with Indigene, Tata Group Chairman R...

Clement Urged to Plot a National Pharmaceutical Strategy

The meeting of provincial health ministers to approve a progress report on a national pharmaceutical strategy have stated the need for financial// help of the federal government to cover the burdensome costs of some drugs. The meeting in Fredericton was planned to be conducted without Federal Health Minister Tony Clement. The federal Conservatives, reluctant to give any more than wha...

Pharmaceuticals May not Pose Major Aquatic Environmental Risks

A Canadian study of high-use drugs released from eight sewage treatment plants indicates that effects on invertebrates, bacteria, and plants// in the aquatic receiving environment are unlikely. The study is published in the latest issue of Environmental Toxicology and Chemistry. The pharmaceutical market is a booming industry. The manufacture of drugs is increasing to match its demand...

OPPI Opposes Draft National Pharmaceuticals Policy

Coming down heavily on the draft National Pharmaceuticals Policy, industry body OPPI has said the proposed policy will hamper the growth of the pharmaceutical sector // and lead to the destruction of Indian pharma companies. "The previous governments had reduced the number of drugs under control from 347 to 143 and finally to 74. The Drug Policy in February 2002 had proposed a further...

Drug for Cancer to be on Pharmaceutical Benefits Scheme

The Federal Government and drug company, Roche are conducting talks to make the expensive anti-cancer treatment, Herceptin more widely available.// According to Health Minister Tony Abbott discussions with manufacturer Roche has caused the delay in rushing Herceptin on to the Pharmaceutical Benefits Scheme (PBS). Mr Abbott said,'It is important the Government try to get the b...

Murky Relationships between Doctors and Pharmaceutical Companies Exposed

53-year-old Dr. Peter Gleason was arrested last March for promoting Xyrem for medical purposes other than those approved by the US government.// When this news hit headlines in the US, many felt that the long overdue exposure of murky financial relationships between doctors and pharmaceutical companies would finally happen. Dr. Gleason has admitted to earning over $100,000 las...

Pharmaceutical Companies Banned from Giving Gifts at Stanford

Stringent new rules will soon ban gifts like coffee mugs, notepads, pens and tote bags adorned with drug company logos at the Stanford University Medical Center offices.// The rules, expected to take effect from Oct. 1 will not allow physicians and medical students at Stanford University to accept any gifts, irrespective of its size from any medical representative selling drugs, medical d...

Pharmaceutical Industry Supported Review of Drugs – Tainted Truths

British Medical Journal reported today that reviews of drugs, which are supported by the pharmaceutical industry are less transparent, and are likely to conclude// sympathetically as compared to independent reviews, reveals a recently concluded study. The authors opine that bias in drug trials is a common phenomenon and often favors the trial-sponsor's product. Independent reviews –...

Pharmaceutical Benefits Scheme Extended for 2 Novel Breast Cancer Drugs

Two new drugs to battle breast cancer have made their way into the Pharmaceutical Benefits Scheme which is a succor for the multitude of sufferers//, who can now avail superior treatment notwithstanding the cost of drugs. This is good news as breast cancer carries the ignominy of being the most common cancer befalling women, affecting 14,000 people annually. The drugs are targeted at...

New Drugs Prices Control Order to Be Issued After Finalisation of New Pharmaceutical Policy

Keeping in view the directions of the Supreme Court it has been proposed in the draft National Pharmaceutical Policy//, 2006 that basket of drugs for price control would be the essential medicine as contained in the NLEM 2003 in addition to the 74 drugs which are at present under price control under the Drugs (Prices Control) Order, 1995. After the finalisation of the Policy a new DPCO wo...

Compellis Pharmaceuticals Gets Patent for Obesity-Fighting Nasal Spray CP404

An U.S based Drug manufacturer, Compellis Pharmaceuticals, has been granted the PATENT for CP404, a nasal spray that combats obesity //entitled "Inhibition of olfactory neurosensory function to treat obesity and related disorders." Compellis Pharmaceuticals is a biopharmaceutical company focusing more on developing novel mechanism-based therapeutics for treating obesity. The company de...

Addicts in India Taking to Pharmaceutical Drugs: UNAIDS

For nearly 200,000 injectible drug users (IDUs) in India, heroin is no more a favourite substance. They make a heady cocktail out of pharmaceutical preparations//, especially painkillers, available over the counter for their new high, experts said here Monday. Many such addicts in India are into preparations like buprenorphine, pentazocine, dextro-propoxyphene - most of them are paink...