Shares of Axsome Therapeutics Inc. AXSM, +0.49% tumbled about 10.0% in premarket trading on Monday after the company said in a securities filing that Teva Pharmaceutical Industries Ltd. TEVA, +0.34% i...
Tag: generic
Amazon Launches $5 A Month Prescription Drug Scheme As It Leaps Further Into Healthcare
Topline Amazon on Tuesday announced a new prescription drug program giving subscribers as many medications as they need for a flat fee, the online retailer’s latest salvo in its bid to lure customers ...
Weighed Down by Opioid Litigation, Endo International Files for Bankruptcy
Text size Dreamstime The generic drugmaker Endo International , which faces thousands of lawsuits related to its alleged role in the opioid crisis, filed for bankruptcy late Tuesday morning, while ann...
Endo International Files for Bankruptcy to Weather Opioid Lawsuits
Endo International PLC became the latest pharmaceutical company to file for bankruptcy under the weight of lawsuits alleging it played a role in fueling the opioid crisis. The drugmaker, domiciled in ...
Teva CEO Sees a Final Opioid Settlement Coming This Year
Text size Teva CEO Kåre Schultz has been predicting a national opioid settlement for years. Christopher Goodney/Bloomberg Teva Pharmaceutical Industries CEO Kåre Schultz has, for years, been predictin...
Common Antidepressant Likely Cuts Risk Of Covid Hospitalization, Study Finds
Topline Fluvoxamine, a cheap and widely available pill used around the world to treat mental illness, is very likely to reduce the risk of being hospitalized with Covid-19, according to new peer revie...
5 Companies That Began 2022 With Upbeat News on Dividends
Royalty Pharma, Life Storage, and Viatris, among other companies, rang in 2022 by announcing dividend increases this week. Royalty Pharma (ticker: RPRX) declared a quarterly dividend of 19 cents a sha...