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GlaxoSmithKline Poised to Cut 10,000 Jobs

GlaxoSmithKline PLC, the largest pharmaceutical company in Europe, is expected to announce deep job cuts as part of its fourth quarter report. Shares of the company dropped to a 24-year low in January signalling that the company would have to do some major...

created by Tina Kells | 48 wks ago | updated 48 wks ago
137 views | 2 recommendations | 0 comments

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...

created by pilotwarezhk | 1 year ago
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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...

created by Teacher Dude | 1 year ago | updated 1 year ago
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Trasylol Side Effects - 22,000 died amid delayed Bayer drug recall Researcher...

"The lives of 22,000 patients could have been saved if U.S. regulators had been quicker to remove a Bayer AG drug used to stem bleeding during open heart surgery, according to a medical researcher interviewed by CBS Television's 60 Minutesprogram. The drug...

created by comoms | 1 year ago
1151 views | 2 recommendations | 2 comments

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...

created by infomatique | 2 years ago
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Merck Recalls Meningitis Shot Pedvax HIB 1Million Doses Recalled

Here is the Merck Meningitis Shot Recall List" ATLANTA - More than a million doses of a common vaccine given to babies as young as 2 months were being recalled Wednesday because of contamination risks, but the top U.S. health official said it was not a health threat. A...

created by comoms | 2 years ago | updated 2 years ago
1876 views | 12 recommendations | 1 comment

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...