Pharmaceuticals

  • HealthAOL

    Price of Aids drugs raised by more than 5000%

    Martin Shkreli is the CEO of Turing Pharmaceuticals, a company which has recently bought the rights to a 62-year-old drug used for treating Aids. After purchasing the rights to Daraprim, Shkreli raised the price from $13.50 (ยฃ8.70) per tablet to

    3-min read
  • HealthAOL

    Cough medicine recalled by Boots

    Pharmacy giant Boots has recalled some of its cough and cold medicines - including for children - over fears that plastic might have got into the liquid. Boots said it identified a possible fault in the manufacturing process of the tamper seal

  • BusinessAOL

    AstraZeneca injects ยฃ120m into UK site

    Drugs giant AstraZeneca is to invest ยฃ120 million in a new facility at its global manufacturing site in the UK, securing 300 jobs and creating 200 temporary posts. The development, at the firm's plant in Macclesfield, Cheshire, will lead

  • NewsAOL

    Reckitt considers pharma future

    Bang to Vanish group Reckitt Benckiser is putting its pharmaceutical business under review in a move that could see the division offered for sale with a multi-billion pound price tag. Slough-based Reckitt said it was considering "all

  • HealthAOL

    Glaxo accused of pay-for-delay deal

    Drugs giant GlaxoSmithKline has been accused by the competition watchdog of paying off firms to delay the launch of cheap versions of its antidepressant treatment in a move that denied the NHS "significant" cost savings. The Office of

  • HealthAOL

    Nurofen firm lifts sales targets

    Household goods and drugs giant Reckitt Benckiser saw a return to sales growth in Europe and North America as it recovered from a slow cold and flu season earlier this year. Reckitt said like-for-like sales in the transatlantic region rose 2%

  • HealthAOL

    Health products have empty claims

    John Stillwell/PA If you rush out to buy medicine at the first hint of a sniffle or sore throat, new research from Which? could make you think twice. Popular health remedies from high street chemists lack true evidence in curing common ailments