Purdue Pharma set to be sentenced, clearing the way for opioid settlement to proceed

Purdue Pharma will be sentenced on Tuesday in New Jersey federal court for deceiving government regulators and paying kickbacks to doctors to …

Eli Lilly and Company to acquire Ajax Therapeutics for up to $2.3 billion in a strategic push into blood cancer treatments

Eli Lilly and Company said on Monday that it will acquire privately held cancer drug developer Ajax Therapeutics for up to $2.3 …

Sun Pharma to Acquire US Drugmaker Organon for $11.75 Billion in India’s Largest Pharma Deal

Sun Pharmaceutical Industries has announced that it will acquire U.S.-based Organon & Co in an all-cash transaction worth around $11.75 billion, including …

Britain’s lifetime smoking ban is set to become law

Britain’s plan to prohibit future generations from purchasing cigarettes is expected to become law this week, marking a major public health policy …

Boehringer–Zealand drug achieves 16.6% average weight loss in late-stage clinical trial

Boehringer Ingelheim announced on Tuesday that its experimental obesity drug achieved an average weight loss of up to 16.6% in a late-stage …

Novartis reports weaker-than-expected quarterly sales and profit as generic competition to Entresto weighs on growth

Swiss pharmaceutical company Novartis reported first-quarter core operating profit and sales that fell short of market expectations on Tuesday. The weaker performance …