Indian pharma firms could soon find new business opportunities in Russia as a number of European and US corporations suspend some operations in the country over its military operation in Ukraine, Moscow’s ambassador said. Speaking to the Rossiya 24 channel on Friday, Ambassador Denis Alipov argued that India is a leading …
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Martin Shkreli, dubbed the “Pharma Bro” by the media, has been ordered to pay $64.6 million in profits he and his company made off of the anti-parasitic drug Daraprim. He is also barred from the pharmaceutical industry for life. Shkreli, the founder and former CEO of Turing Pharmaceuticals, won’t be …
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Only 6% of American voters trust big pharmaceutical companies “a lot,” while 19% don’t trust them at all, and 53% distrust them to some degree, said a Rasmussen Reports poll published on Wednesday. Three out of four respondents think Big Pharma is motivated by profit. There was remarkably little divergence …
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With the World Health Organization (WHO) designating Omicron the latest “variant of concern” following an emergency meeting on Friday, warning that the highly mutated strain could be more infectious than those seen before it, Big Pharma quickly launched into PR-mode, as several firms rushed to outline how they would combat …
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Nearly one in five Americans take antidepressant drugs on a regular basis – a shocking figure when one considers the heavy physiological burden these drugs place on patients – and almost 70% take at least one prescription drug. Now, deeply mired in the suffering caused by the Covid-19 pandemic and …
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CVS, Walmart, and Walgreens have been found guilty of “recklessly” distributing massive amounts of pain pills across a pair of Ohio counties, a federal jury declared on Tuesday in a first-of-its-kind verdict. The ruling represents the first time pharmacy companies had been held legally responsible for the crisis that has …
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The fifteen mysterious vials were found on Tuesday night at a Merck laboratory, according to an unclassified alert sent to the Department of Homeland Security and seen by the outlet. Five of the ampules carried labels reading “smallpox,” while another 10 were said to contain “vaccinia” virus, the source for …
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Two founding members and a top investor at the company cracked into the catalogue of American affluence this week. The list charts the 400 richest citizens by net worth, and now includes Moderna’s chairman and co-founder, Noubar Afeyan, another co-founder, Robert Langer, as well as Timothy Springer, among the firm’s …
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In remarks made earlier this week, the Mexican leader said his government was still waiting for the scientific community to demonstrate the benefits of vaccinating minors. Until conclusive evidence was provided, Mexico would refuse to purchase jabs for children, Obrador announced, adding that pharmaceutical firms seemed to be focused more …
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‘Once Upon a Time in Shaolin’ was sold to an anonymous buyer for an undisclosed sum, the Brooklyn US Attorney’s Office announced in a press release on Tuesday. While the sale price was undisclosed, it was enough to satisfy the remaining balance on a forfeiture judgment of approximately $7.4 million, …
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