Category: Recent Events

Nestle Acquires Prometheus Labs

Nestle SA, the world’s largest food company has agreed to acquire Prometheus Laboratories Inc., the manufacturer of treatments for gastrointestinal illnesses and cancer. Nestle has not mentioned the amount that it will pay to...

Generic Drugs Replace Brands

Over the next five years the annual spending on drugs by patients in United States is projected to fall by fifty percent as patients are going for the generic versions of the medicines which...