Pharmaceuticals
US generic drugmaker Akorn files lawsuit against Fresenius for terminating $4.75 bn deal
24 Apr 2018
Procter & Gamble to buy the consumer health business of Merck KGaA for $4.2 bn
20 Apr 2018
As part of the deal, P&G will acquire a majority stake of 51.80 per cent stake in India listed drug firm Merck Ltd for Rs 1,289.88 crore and subsequently make a mandatory tender offer to minority shareholders
Remnants of antibiotics persist in treated farm waste, research finds
14 Apr 2018
Each year, farmers in the US purchase tens of millions of pounds of antibiotics that are approved for use in cows, pigs, fowl and other livestock. When farmers repurpose the animals' manure as fertiliser or bedding, traces of the medicines leach into the environment, raising concerns that agriculture may be contributing to the rise of antibiotic-resistant bacteria
As antibiotics fail, global consumption of antibiotics skyrockets, further driving drug resistance
28 Mar 2018
GlaxoSmithKline backs out of bidding for Pfizer’s consumer unit
23 Mar 2018
GlaxoSmithKline has pulled out of bidding for the consumer healthcare business of Pfizer, days after Reckitt Benckiser’s backed out
