Archive for August, 2005

Generic Drugs Information

The FDA now has information posted on its website on Generic Drugs:

‘A generic drug is identical, or bioequivalent to a brand name drug in dosage form, safety, strength, route of administration, quality, performance characteristics and intended use. Although generic drugs are chemically identical to their branded counterparts, they are typically sold at substantial discounts […]

Tuesday, August 30th, 2005

Orphan drugs moving ahead

‘When Maryland entrepreneur and author Martine Rothblatt learned in 1991 that her daughter, then 8, had a deadly lung disease, the news was made much worse by another discovery: No one seemed interested in developing a drug to treat it.
Rothblatt’s daughter has primary pulmonary hypertension, or PPH, a genetic disorder that affects fewer than 1 […]

Sunday, August 28th, 2005

Vioxx debacle could benefit drug industry in Triangle

‘Legal woes continue to mount for the pharmaceutical industry over Vioxx, the painkiller pulled off shelves last year because of its link to heart attacks and strokes.
But instead of hurting the Triangle’s high concentration of drug-testing companies, the Vioxx debacle could actually help it.
Political and regulatory scrutiny over Vioxx is forcing drug companies to revisit […]

Sunday, August 28th, 2005

Lowering drug costs slow going

‘The effort to reduce the cost of prescription drugs in West Virginia is moving along, but some wonder if it’s moving fast enough for West Virginians, who pay among the highest costs in the country.
“We’ve been studying and pursuing this problem now well on two years,” said Kevin Outterson, who represents beneficiaries of the Public […]

Sunday, August 28th, 2005

Do homeopathic remedies work?

‘Do you think homeopathic remedies are no better than dummy drugs?
A Swiss-UK team compared a series of trials which looked at the effects of homeopathy, placebo treatments and conventional medicines and found no convincing evidence homeopathic remedies worked any better than a dummy drug.
Medical journal The Lancet says doctors should more honest about the lack […]

Sunday, August 28th, 2005

Vioxx maker says some suits involving painkiller could be settled

‘Merck & Co. will consider settling a limited number of lawsuits over its withdrawn painkiller Vioxx, a spokesman said Friday. The drug’s link to heart attacks and strokes has spawned thousands of lawsuits and last week’s $253 million jury verdict in Texas.
As recently as Wednesday, company lawyers were still saying they planned to fight each […]

Sunday, August 28th, 2005

Merck faces deluge of lawsuits in Canada: attorney

‘US pharmaceutical giant Merck and Co. faces a growing number of class-action lawsuits in Canada after it lost a wrongful death case related to its arthritis painkiller
Vioxx, an attorney representing plaintiffs said.
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A Texas jury last week awarded damages totalling more than 253 million dollars to Carol Ernst, whose 59-year-old triathlete husband Robert died in May […]

Sunday, August 28th, 2005

Drugs Get Smart

‘The shift to drugs tailored to a specific genetic profile will bring massive changes to a pharmaceutical industry long wedded to treatments that can be taken by millions upon millions. Most prescription medicines are now effective for fewer than half of the people who take them — and the side effects can be worse than […]

Sunday, August 28th, 2005

Vioxx verdict of $253M likely to prompt more suits

‘A Texas jury’s $253 million verdict against drugmaker Merck (MRK) had lawyers worldwide plotting strategy in a war over billions of dollars that will last years.
Merck’s painkiller Vioxx was taken off the market nearly a year ago after it was linked to an increased risk of heart attacks and strokes. About 4,200 lawsuits were expected. […]

Thursday, August 25th, 2005

Merck shares fall after Angleton verdict

‘Shares of Merck & Co. fell today immediately after a Texas jury found the pharmaceutical giant liable in the first trial involving a death linked to its Vioxx painkiller. The man’s widow was awarded $253.4 million in damages.
Although Whitehouse Station-based Merck plans an appeal, the uncertainty from thousands of other cases pending around the nation […]

Thursday, August 25th, 2005

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