Big Pharma won’t pull out of Russia despite Ukraine war
The biggest pharmaceutical companies in the world have failed to cut ties with Russia even as multinational corporations in other sectors have halted operations there […]
Pharma
Purdue Pharma, Sacklers to pay $6B to settle opioid lawsuit
Purdue Pharma and its owners, the billionaire Sackler family, will pay $6 billion to several states to settle a lawsuit brought about by the devastating […]
‘Pharma Bro’ Martin Shkreli fined $64M, banned from drug industry
Convicted “Pharma Bro” Martin Shkreli has been ordered to return $64 million in profits his company made by inflating the price of a life-saving drug, […]
‘Pharma Bro’ expected to face proxy battle after FTC trial
Martin Shkreli is slated to face off in court next week against the Federal Trade Commission, which has accused him of using anticompetitive tactics to […]
7 ways to protect pharma supply chains from cyber-physical attacks in 2022
Cyber-physical attacks against pharma supply chains are growing because attackers have figured out how to penetrate endpoint gaps between operations technology (OT) and IT systems. […]
NJ pharma exec Sree Aravapalli killed after followed home from Parx Casino
A wealthy pharmaceutical executive was followed for 50 miles from a Pennsylvania casino to his New Jersey home where he was murdered in an attempted […]
Judge will approve Purdue Pharma opioid deal that shields Sacklers
A federal judge said Wednesday he would approve OxyContin maker Purdue Pharma’s bankruptcy reorganization plan, clearing a path to resolve thousands of opioid lawsuits and shielding the […]
‘Pharma Bro’ Martin Shkreli wins proxy battle from prison
A group of activist investors seeking to wrest control of Martin Shkreli’s pharmaceutical company failed miserably this week — with the “Pharma Bro” voting his […]
15 states reach deal with Purdue Pharma for $4.3B settlement
New York and New Jersey and 13 other states that previously opposed a controversial bankruptcy plan for Oxycontin-maker Purdue Pharma have reached a deal that […]
Purdue Pharma lawsuit: what victims need to know
Over the past decade, pharmaceutical companies have aggressively marketed opioids. These drugs, which are used only for pain management, are highly addictive and have caused […]