Generic

Generic medicine hits an all-time-high in SA - Cape Business News

Erik Roos, CEO of leading generics firm, Pharma Dynamics, describes this as an extraordinary success story.<p>“To put it into context, generic medicine …

Business (South Africa)

Novartis 3Q Net Profit Rises as New Drugs Offset Generic Competition

Novartis AG (NOVN.EB) said on Tuesday that its third-quarter net profit increased as growth from two recently launched drugs, Cosentyx and Entresto, helped offset the negative impact of generic competition.<p>The Swiss pharmaceuticals company reported third-quarter net profit of $2.08 billion compared …

Markets

Patent laws lead to high prices for cancer drugs, activists say

SA routinely grants and upholds patents on cancer medicines that could be challenged and rejected if the country had adopted stronger patentability …

Business (South Africa)

GlaxoSmithKline, needing a sales surge, wins FDA nod for $1B-plus prospect Trelegy

Bracing for generic competition to its top-selling Advair, GlaxoSmithKline nabbed an FDA approval for the "closed-triple" COPD therapy Trelegy …

Pharma

2.1% Pay Raise, BAH Cuts, Tricare Fee Hikes Approved by Senate

Troops would get a 2.1 percent pay raise in 2018 under a Senate bill approved late Monday, but married military couples with dependents would …

U.S. Military

STAT Plus: This pharma CEO won praise for his ‘social contract’ with the public. But his latest move could shred that pledge

One year ago, Brent Saunders tried to single-handedly reset the national debate over drug pricing.The Allergan chief executive issued a “social …

GlaxoSmithKline breathes easier as US approves triple lung drug

LONDON: U.S. regulators have approved GlaxoSmithKline's three-in-one inhaler for chronic lung disease, a key new product for the group as it strives …

Medicine