Pfizer will lay off 1,700 employees and cease manufacturing "immediately" at two plants in India, according to The Hindu Business Line.
Pharmacy
Drugmaker Lupin Somerset is recalling 23,460 bottles of Nitrofurantoin, an oral antibiotic used for the treatment and prevention of bladder infections, according to The Economic Times.
Pharma giant AstraZeneca plans to shut down operations in two Colorado cities, which will result in 210 employees losing their jobs, according to the Boulder Daily Camera.
Healthcare and government officials are growing concerned that biologic makers are using scare tactics to prevent generic versions of their products from entering or succeeding in the market, according to The Washington Post.
Thirteen pharmacy leaders and companies were honored by the American Pharmacists Association for their contributions to the field in 2019.
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As Congress returned this week, several lawmakers rushed to introduce bills aimed at lowering the price Americans pay for prescription drugs, according to STAT.
At a private dinner hosted by JPMorgan Chase Chairman and CEO Jamie Dimon with pharma executives this week before the bank's San Francisco healthcare conference, Amazon was a hot topic of conversation, but Mr. Dimon revealed little about the goals…
For his first act as California's new governor, Gavin Newsom signed an executive order calling for state officials to establish a single-purchaser system for prescription drugs, according to Reuters.
Sun Pharma is voluntarily recalling 13,918 cartons of its vecuronium bromide injection, a muscle relaxer used as part of general anesthesia, in the U.S., according to The Hindu Business Line.
In October, Amgen cut the price of a biweekly dose of its cholesterol drug Repatha by 60 percent. Now, the drugmaker has announced another 60 percent price slash, this time to the cost of a monthly dose, according to a…