House OKs FDA bill to increase inspections, fees The Food and Drug Administration would have more power to catch tainted pharmaceuticals manufactured overseas before they enter the U.S. market under legislation passed Wednesday by House lawmakers.The House of Representatives approved the sweeping legislation, which also aims to accelerate approval of promising new drugs, in a 387-5 vote.The bill extends a long-standing program under which drugmakers
FDA OKs multiple companies to sell generic Plavix
Patients taking the popular blood thinner Plavix now have the option of getting a less-expensive pill, following the approval Thursday of the first generic versions in the U.S.
Court says patent correction needed
The Supreme Court says the makers of a name brand drug have to correct a patent that could hinder the approval of a generic drug.
Sensex down 182 pts as weakness persists
With the bears continuing to call the shots, the market, which opened on a weak note morning and lost further ground subsequently, continues to languish in the red with sharp losses now. A weak jobs