Merck Plans 13K Job Cuts
The second largest drug manufacturer in the United States, Merck & Co.(NYSE:MRK) plans to cut an additional 12000 to 13000 […]
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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
Recent Events, Health
Generic Drugs Replace Brands
Over the next five years the annual spending on drugs by patients in United States is projected to fall by
Recent Events, Health
McDonalds Sued For Happy Meal
McDonald’s Corporation (NYSE:MCD) has been under tremendous pressure from both parents and the United States government, to change their menus
Recent Events, Health
Glaxo Closer To Ending Denture Cream Suits
GlaxoSmithKline Plc (NYSE:GSK) is said to have paid around $120 million in order to resolve the claims made that some
Recent Events, Health
Allergan Loses $212 million Botox Side Effect Lawsuit
A 67 year old man in Virginia has won a lawsuit against Botox giant, Allergan Inc. (NYSE:AGN) over its Botox
Recent Events, Health
Cephalon Being Acquired By Valeant Pharma
United States based Cephalon Inc. (NASDAQ:CEPH) has been offered a $5.7 billion hostile bid offer by Canadian based Valeant Pharmaceuticals
Recent Events, Health
US Stops Japanese Food Import
Due to the devastating earthquake and tsunami in the Sendai region of Japan, several companies have been affected. Earlier it
Recent Events, Health
Abbott Making a Major Recall
Abbott Laboratories (NYSE:ABT) is recalling glucose test strips from the market because of inaccurate readings. The glucose strips are used
Recent Events, Health
Drug Storages Abundant
The FDA released the list of medicines which are in demand because of companies running short in manufacturing. Of these