05/13/2013 - 1:35pm

A ruling by the Food and Drug Administration means that generic versions of an opioid painkiller made by Endo Pharmaceuticals can stay on the market, drawing criticism from the drug maker.

05/10/2013 - 3:54pm

Actavis is looking into the possibility of buying Warner Chilcott, the generic drug maker said.

05/09/2013 - 5:45pm

The November 2011 expiration of Pfizer's patent on the cholesterol drug Lipitor and Ranbaxy Labs' release of the generic version received significant play in the media, particularly due to the theretofore status of Lipitor (atorvastatin calcium) as the drug with the highest sales in the country, $7.7 billion in the United States, according to healthcare analytics firm IMS Health.

05/09/2013 - 1:34pm

The Drug Enforcement Administration collected more than 371 tons of unused medications last month as part of its sixth annual drug take-back program, the agency said.

05/09/2013 - 10:47am

Declining use overall of healthcare services drove down spending on medicines in the United States by 3.5% per capita last year, according to a new study.

05/09/2013 - 10:04am

Meijer will open its 200th store next week, the mass merchandise retailer said.

05/08/2013 - 11:24am

There is as much as $10 billion in branded pharmaceutical sales that could make the switch from prescription-only to over-the counter in the next five years, suggested Joseph Papa, Perrigo chairman, CEO and president, to analysts on Tuesday.

05/07/2013 - 12:09pm

The global market for biosimilars will be worth nearly $2.5 billion this year, according to a new study.

05/06/2013 - 4:03pm

Florida's state legislature approved a bill last week that will allow pharmacists to substitute biosimilars for brand name biotech drugs.