Tag: pharmaceutical

  • FDA warns India’s Sun Pharma over standards at Halol plant

    By Zeba Siddiqui MUMBAI (Reuters) – India's largest drugmaker Sun Pharmaceutical Industries Ltd has been warned by U.S. health regulators for violating manufacturing standards at its Halol plant in India, even as it has been working on fixing issues at the plant for over a year. The U.S. Food and Drug Administration's “warning letter” to…

  • Pfizer set to buy Allergan for more than $150 billion: sources

    The deal, the largest ever in the healthcare sector, will be announced on Monday and is sure to draw political ire in a U.S. presidential election year because Pfizer would redomicile to Ireland, where Allergan is registered, in a so-called “inversion” that would slash its corporate tax rate. It will also reignite debate in the…

  • Clinton proposes tax credit for family caregiving costs

    By Amanda Becker CLINTON, Iowa (Reuters) – U.S. Democratic presidential candidate Hillary Clinton on Sunday proposed a tax credit offsetting up to $6,000 in costs associated with caring for elderly and disabled family members, and allowing caregivers to accrue Social Security retirement benefits for such work. The maximum value of the caregiving credit would be…

  • Pfizer set to buy Allergan for more than $150 billion

    The deal, the largest ever in the healthcare sector, is sure to draw political ire in a U.S. presidential election year because Pfizer would redomicile to Ireland, where Allergan is registered, in a so-called “inversion” that would slash its corporate tax rate. It will also reignite debate in the pharmaceutical industry over the role of…

  • Global health experts accuse WHO of ‘egregious failure’ on Ebola

    By Kate Kelland LONDON, (Reuters) – The World Health Organization's failure to sound the alarm until months into West Africa's Ebola outbreak was an “egregious failure” which added to the enormous suffering and death toll, global health experts said on Monday. A specialist panel convened by Harvard's Global Health Institute (HGHI) and the London School…

  • Global drug spending to hit $1.4 trillion in 2020: IMS

    Global spending on medicines will reach $1.4 trillion in 2020, driven by increased healthcare access in emerging markets and high-priced new drugs for cancer and other diseases, according to a forecast by IMS Health released on Wednesday. Some 225 new drugs will come to market over the next five years, about a third aimed at…