Medications

Record French fine for pharma giants over eye drug

The French competition authority (AFC) on Thursday slapped a record 444 million euro ($500 million) fine on pharma groups Novartis, Roche and Genentech over market abuses in sales of macular degeneration drugs.

Diseases, Conditions, Syndromes

Global experts study promising drugs, vaccines for new virus

The World Health Organization convened outside experts Tuesday to try to speed the development of tests, treatments and vaccines against the new coronavirus, as doctors on the front lines experiment on patients with various ...

Diseases, Conditions, Syndromes

US working with drug firm on new coronavirus treatment

The United States is working with a pharmaceutical company to develop a treatment for the 2019 Novel Coronavirus, using a class of drug that has boosted survival rates among Ebola patients, officials said Tuesday.

Medications

Major insurers offer $55 million to lower generic drug costs

A nonprofit that develops and sells cheaper drugs will receive a $55 million investment from the Blue Cross Blue Shield Association and associated organizations to create cheaper versions of expensive generic drugs.

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