Oct 23rd, 2008 · Biotech and pharmaceuticals are the latest stock market darlings. Third quarter earnings are out today and big U.S. drug companies did better than expected. As investors shy away from tech stocks, it looks like they're turning to drug makers.
Oct 22nd, 2008 · Merck, one of the country's biggest pharmaceutical makers, announced Wednesday it is slashing more than 7,000 positions, or 12 percent of its global workforce. Those cuts come on top of more than 10,000 jobs that were eliminated in an earlier restructuring. The new cuts were announced as the company reported a sharp drop in income for the recent quarter. It's due partly to fewer sales of Merck's cholesterol pills, Vytorin and Zetia.
Sep 11th, 2008 · Since it turns out that genes play a big role in how an individual responds to certain drugs, the pharmaceutical industry is looking at genetics. Entrepreneurs are developing and marketing products and techniques to try to improve the odds that a particular drug will work on a patient.
Aug 19th, 2008 · Jaime Johnson, one of the heirs of the Johnson & Johnson pharmaceutical fortune and director of the 2003 HBO documentary Born Rich talks about the blessing and burden of white, Anglo-Saxon, protestant culture.
May 3rd, 2008 · Albert Hofmann, the self-described "father of LSD," discovered the substance while working for a pharmaceutical company in 1938. Rick Doblin of the Multidisciplinary Association for Psychedelic Studies talks about Hofmann's discovery and later research.
Mar 27th, 2008 · It was 10 years ago today that a little blue pill was approved by the FDA. Professor Meika Loe is an expert on Viagra, the first oral pharmaceutical for impotence, world phenomenon, and billion-dollar blockbuster for its manufacturer, Pfizer.
Mar 10th, 2008 · An Associated Press investigation reports that a vast array of pharmaceuticals show up in the water of 41 million Americans. The drugs are concentrated in the water in tiny quantities, but some scientists worry that there could still be harmful effects for humans.
Feb 8th, 2008 · Pharmaceutical giant Merck has agreed to pay more than $670 million to settle claims it overcharged the government for drugs and bribed doctors to prescribe its drugs. It's one of the biggest health care fraud settlements ever.