Purdue Pharma and its owners, the Sackler family, are offering to pay $10 billion to $12 billion to settle thousands of lawsuits claiming the company fueled the opioid epidemic, NBC News reported citing two people familiar with the discussions.
Pharmacy
The FDA issued a formal request to AmEx Pharmacy to recall all of its compounded drug products intended to be sterile after the company didn't take any corrective actions following an inspection that found "significant quality and sterility concerns."
Medical device and drug recalls, whether voluntary or forced by the FDA, ensure patient safety. Here are six reported by Becker's Hospital Review in the last month:
Heading into next year, German drugmaker Boehringer Ingelheim will have a refreshed executive team, according to EndPoints News.
Secret records about Purdue Pharma's marketing tactics for its potent opioid painkiller OxyContin must be made public after the Kentucky Supreme Court declined to review an earlier ruling, according to STAT.
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An Oklahoma judge ruled Aug. 26 that Johnson & Johnson was liable for fueling the opioid epidemic in the state and ordered the drugmaker to pay $572 million, according to The New York Times. This is the first ruling in…
Kroger, which is working to expand its healthcare services to its more than 2,000 pharmacies in the U.S., has secured a key certification, according to Supermarket News.
Amgen will buy Celgene's blockbuster psoriasis treatment Otezla for $13.4 billion in cash, according to The Wall Street Journal.
Glenmark Pharmaceuticals is recalling 31,224 tubes of an antifungal cream due to customer complaints about its texture.
The University of Missouri-Kansas City has fired another professor from its pharmacy school after a faculty review, according to the Kansas City Star.