The Latest Breaking News on Pharma

The U.S. Drug Enforcement Administration’s second-in-command has quietly stepped down amid reporting by The Associated Press that he previously consulted for a pharmaceutical distributor sanctioned for a deluge of suspicious painkiller shipments and did similar work for the drugmaker that became the face of the opioid epidemic: Purdue Pharma

The new Bill, to regulate drugs and medical devices, was formulated without input from major stakeholders, device manufacturers claim. They also want a separate law for regulation of their industry.

Johnson & Johnson allows generic bedaquiline in 44 countries – but concerns remain about ‘stopgap’ solution

The medical industry is well-positioned for growth due to increased healthcare spending, an aging population, and the rise in lifestyle-related diseases. To that end, it could be wise to buy fundamentally strong medical stocks Medifast (MED) and Zynex (ZYXI). On the other hand, Herbalife (HLF) could be added to one’s…

A biotech entrepreneur and Republican presidential hopeful says he'd consider Sens. Ted Cruz of Texas and Mike Lee of Utah among several possible conservative candidates should he get to nominate someone to the U.S. Supreme Court

A biotech entrepreneur and Republican presidential hopeful says he'd consider Sens. Ted Cruz of Texas and Mike Lee of Utah among several possible conservative candidates should he get to nominate someone to the U.S. Supreme Court

With the destruction of drugs on Monday, the total quantity of drugs destroyed in just one year will reach around 10 lakh kilograms.

Disease kills millions each year even though it’s curable

The ever-rising demand for quality healthcare is expected to benefit the biotech industry. Moreover, favorable government initiatives to boost domestic biotech research and production should boost the industry’s prospects. Therefore, it could be wise to buy fundamentally strong biotech stocks Shionogi & Co. (SGIOY), Amicus Therapeutics (FOLD), and Entrada Therapeutics…