China says Baxter obstructing investigations into heparin deaths

" Chinese officials said US drugmaker Baxter International was obstructing an investigation into deaths linked to a Chinese-made blood thinner called heparin, Reuters reported. The State Food and Drug Administration said Baxter was not cooperating with Chinese...

Chinese drugmaker blamed for failed tests

ATHENS, Greece (AP) -- Prosecutors began a preliminary investigation into the alleged use of banned substances by 11 Greek weightlifters, judicial officials said Monday. Iakovou, 60, is one of Greece's most successful coaches with his athletes winning five Olympic gold...

Novartis to cut 2,500 jobs worldwide

"Swiss drugmaker Novartis said it plans to cut 2,500 global jobs in a restructuring programme aimed at generating yearly cost savings of $1.6bn (€1.08bn). Novartis currently employs more than 600 people in its manufacturing facility in Ringaskiddy, Co Cork, and its ethical...

Viagra for Women?

"German drugmaker Boehringer Ingelheim didn't set out to create a Viagra-like drug for women. The company was simply trying to develop a fast-acting antidepressant, one that patients would respond to in a matter of days, not weeks as in most current treatments. By the late...