Medicine, Drugmaker | featured news

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Obama executive order targets drug shortages

President Obama Monday is pushing drug makers and federal regulators to do more to address dangerous shortages of critical medicines, sidestepping a deadlocked Congress that has not moved legislation to help patients suffering from deadly illnesses.

 

Cost-cutting drives Pfizer profit

Cost-cutting at drug maker Pfizer helps it to increase third-quarter profits despite falling sales of its medicines.

 

Johnson & Johnson buys 18 percent stake in Crucell

Health care giant Johnson & Johnson is jumping into the increasingly hot vaccine business by taking an 18 percent stake in Dutch biotechnology company Crucell NV and focusing more on preventive medicine....

 

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