Archive for March, 2006

Sigma Pharmaceuticals year profit rises 27 pct

‘Australian drugs firm Sigma Pharmaceuticals Ltd. reported a 27 percent rise in underlying annual profit, as expected, boosted by its takeover of Arrow, and reaffirmed its outlook for the year ahead.
Drugs manufacturer and distributor Sigma snared Arrow for its pipeline of generic drugs, a high margin business seen as a hot source of growth in […]

Tuesday, March 21st, 2006

South African citizens cheap drug guinea pigs

”Come to South Africa and use our people as cheap guinea pigs for drugs trials,” says an international pharmaceutical testing company.
Even as a young South African backpacker is battling to recover in a London hospital after a drug trial gone horribly wrong, a senior employee at the pharmaceutical company that ran the drug trial is […]

Saturday, March 18th, 2006

Two drugs test victims face a year in coma

‘Two men critically ill following the drug-tests disaster could remain in a coma for up to a year.
They are among six men still in intensive care at a London hospital after suffering horrendous reactions to injections in private clinical trials for a German pharmaceutical company.
The four others are believed to have started communicating by making […]

Saturday, March 18th, 2006

Can drug companies improve their reputation?

‘Drug dealers were once favorite movie bad guys. These days, it’s drug companies. That Hollywood can manufacture a plausible storyline in which a major drug firm commits all manner of corruption and even murder, speaks volumes about the American public’s already deep mistrust of drugmakers.
A 2005 poll by the Kaiser Family Foundation found that 7 […]

Monday, March 13th, 2006

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