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Congress Poised to Hand Over Tobacco Oversight to FDA
The US Congress is on the verge of passing a bill that will give the US Food and Tobacco Agency the authority to regulate tobacco. Expert analysis on whether is still back and forth on whether the bill will affect the actual use of tobacco. Identic... Avandia Causes Glaxo Sales to Dive
According to reports, GlaxoSmithKlines sales have dropped 2.4% and forecasters are predicting a more a fall in revenue of more than £100 million due to the increased safety concerns surrounding Avandia.Avandia was one of GlaxoSmithKlines top selling ... Oxycotin Ruled Addictive, Drug Makers Fined for Misleading Public
Last Friday, U.S. District Judge James Jones ordered Purdue Pharma L.P., the maker of OxyContin, to pay $634.5 million in fines for misleading the public about the addictiveness of the painkiller.According to the AP, “Judge James Jones levied the fin... Placebo Affect- Myth Confirmed
Ever wonder why people who take a placebo sometimes feel better even though they are not receiving any real medication? A group of researchers at the University of Michigan, Ann Arbor finished a new study that tested the nucleus accubens (NAC), a re... Novartis Facing Big Problems
As the saying goes, anything that can go wrong, will. Just ask Novartis. Novartis has encountered virtually every problem that has plagued the industry, such as drug failures in clinical testing and delays in the approval of products. CNN Money ha... New Survey Finds Meds Students Lack Trust in Big Pharma
A recent study done by Epocrates has found that like many others, med students have very little faith in the good will of big pharma. The survey took the pulse of 1000 soon to be doctors on several prevalent issues in the healthcare industry today.H... Another New Study Rips Avandia
According to analysis published by the the Cochrane Library, “A new meta-analysis of 18 studies finds that Glaxo’s diabetes pill doesn’t “positively influence” the health of diabetics, reduce death, improve quality of life, but does contribute to wei... Old Diabetes Drug More Effective?
A new report says that an older drug for treating the most common type of diabetes in many ways is better than new drugs on the market today. The report does not advise doctors to stop prescribing the new drugs used to treat type 2 diabetes, because ... FDA in Need of Money; Giving 8.9 Million in Bonuses
The FDA is giving its workers more than 8 million dollars in bonuses at a time where the agency is hard pressed than to spend more on food and drug safety.According to Pharmalot, “the retention bonuses, worth $5,000 or more per employee, are triple w... Avandia Related Heart Attacks Surge
According to reports by the Associated Press, Avandia side effects reports have tripled in the month after the report that the blockbuster drug used to treat diabetes drastically raised users risk of heart attack.From the AP:In the 35 days after May ...
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