Medications

Health insurers recruiting former pharma reps to cut costs

(HealthDay)—Health insurers are recruiting former pharmaceutical company representatives to educate doctors and help save money on prescription medications, according to a report published June 8 in Kaiser Health News.

Health

Expert tracks illegal online pharmacies

A growing number of illegal online pharmacies are flooding the web trying to sell dangerous unauthorized prescriptions, according to a new report from cybersecurity experts at Carnegie Mellon University.

Medications

Pfizer to pay $35M to settle drug marketing case

Pfizer will pay $35 million to resolve allegations by 42 states that its subsidiary, Wyeth Pharmaceuticals, illegally marketed an organ transplant drug for unapproved uses.

Other

Bayer says new products push profits higher in Q3

German chemicals and pharmaceuticals group Bayer, maker of Aspirin, said on Thursday that new pharmaceutical products and favourable agrochemical prices gave profits a fillip in the third quarter.

Other

Bayer Q2 profits jump on new drugs, lower charges (Update)

German drug and chemicals company Bayer AG says net profit rose 75 percent in the second quarter thanks to lower one-time charges and strong sales of new products including anti-clotting drug Xarelto and cancer drug Stivarga.

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