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New medical facilities for Century City

Jul 30 2014 11:30

Century City in Cape Town will soon boast a day clinic and associated medical suites following the obtaining of funding of R63.6m.


SA consumers spend more on medicine

Jul 30 2014 11:17

Medicine expenditure among private health care members has increased for the first time since 2011, according to the latest Mediscor Medicine Review.


GlaxoSmithKline dividend safe for now

Jul 30 2014 10:00

GlaxoSmithKline's fat dividend is under strain, but Britain's biggest drugmaker is likely to scrape by without cutting payouts as it seeks to compensate investors.


Reckitt Benckiser to spin off pharmaceuticals

Jul 28 2014 12:30

British household goods firm Reckitt Benckiser has decided to spin off its pharmaceuticals division, after a strategic review.


Botox maker Allergan to axe 250 vacant posts

Jul 21 2014 18:30

Botox maker Allergan plans to eliminate about 250 vacant positions in a restructuring that will streamline its business as it fights a takeover bid.


AbbVie buys drugmaker Shire for $54bn

Jul 18 2014 19:15

Shire Pharmaceuticals has accepted a takeover bid from AbbVie, the two companies in a deal aimed at slashing the US giant's tax bill.


China to hold public trial for GSK

Jul 18 2014 09:05

China will publicly prosecute a foreign couple linked to drugmaker GlaxoSmithKline on charges of illegally obtaining private information, reports say.


Pharma giant Novartis' profits soars

Jul 17 2014 09:43

Swiss pharmaceutical giant Novartis says its net profits for the first half have shot up by 13%, and has stuck by its forecast of continued sales growth.


AbbVie forced to retract claims of Shire

Jul 09 2014 16:30

US drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its $51bn bid for Shire after being caught out.


EU regulators fine drug firms

Jul 09 2014 13:30

European Union antitrust regulators have fined French drugmaker Servier, Israel's Teva and four others a total of €428m for blocking cheaper generic medicine.



How to fix a broken market in antibiotics

Jul 06 2014 17:15

The drug market needs a new business model that rewards firms for developing new antibiotics, according to academic and industry experts.


China to try GSK-linked investigator in secret

Jul 03 2014 11:45

The trial of a British corporate investigator arrested a year ago after doing work for GlaxoSmithKline will be closed to the public.

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