Drugs
Former Pfizer Talc Supplier Files Bankruptcy
Barrett Minerals Inc. (BMI), a former talc supplier to the cosmetics industry, has entered bankruptcy proceedings.
The company, previously owned by Pfizer until its 1992 sale,…
FDA Displeased with Philips CPAP Tests
Federal regulators have issued an update on a Philips CPAP recall issued in 2021, saying that they are “unsatisfied” with both the status of the…
Indivior Settles Last Suboxone Monopoly Case for $385M
Indivior Inc., a pharmaceutical company, has announced a $385 million settlement in an antitrust lawsuit related to its opioid addiction treatment Suboxone.
This settlement,…
CPAP Linked to More Eye Bleeding in Diabetic Patients
A recent study has revealed that while the use of CPAP (Continuous Positive Airway Pressure) devices can be beneficial for certain eye issues in…
AstraZeneca Settles Kidney Damage Lawsuits for Nexium
AstraZeneca has agreed to pay $425 million in a settlement related to Nexium and Prilosec, two popular heartburn drugs, to resolve around 11,000 lawsuits alleging kidney injuries…
3M's Bankruptcy Attempt To Resolve Earplug Suits Rejected
Aearo Technologies, a 3M subsidiary, was declared bankrupt by a U.S. judge, who also rejected an attempt to settle over 260,000 cases that claimed 3M…
Summit County To Get $17B In Opioid Settlement
Summit County stands to earn a piece of the $209 million that Utah will get as part of a recent nationwide opioid settlement with drugstore chains and…
Sanofi Wins Legal Battle Against Drugmaker Over Zantac Suits
The healthcare division of Boehringer Ingelheim, which contained the heartburn drug Zantac, was bought by Sanofi when the two companies exchanged assets in…