Pharmacy

Below is a list of 10 top prescribing errors that cause death or severe harm to patients, as cited by The Pharmaceutical Journal.

Civica Rx, a hospital-owned generic drug company founded to manufacture drugs that have fallen into short supply, will start by buying drugs from pharmaceutical companies rather than making its own, according to Bloomberg.

CVS shares fell 8 percent Feb. 20 after the company reported a lower-than-expected earnings forecast as it works to integrate health insurer Aetna and uncertainty over rebates weigh on its pharmacy benefit unit, according to CNBC. It was CVS' worst…

Aceto Corp., a New York-based firm developing and selling human health products, pharmaceutical ingredients and performance chemicals, has filed for Chapter 11 bankruptcy.

Pharmaceutical company Pernix Therapeutics Holdings, based in New Jersey, filed for Chapter 11 bankruptcy Feb. 18 amid lagging drug sales.

Alexion Pharmaceuticals agreed to pay $13 million to settle allegations that it used charities to pay kickbacks to Medicare patients, according to a STAT news report.

CVS Health reported a net loss of $421 million in the fourth quarter of 2018, down from a profit of $3.29 billion the same period a year earlier.

The Allergan board selected former Celgene CEO and Chairman Bob Hugin to serve on its board of directors, effective Feb. 19.

More details have emerged from a lawsuit filed by 47 states that accuses 17 generic drugmakers of engaging in a scheme to fix prices, according to STAT, who obtained an unredacted version of the complaint.

Immune Pharmaceuticals, a New Jersey-based biopharmaceutical company specializing in the development of treatments for immunologic and inflammatory diseases, filed for Chapter 11 bankruptcy Feb. 19.