Valeant ex-CEO, ex-CFO focus of U.S. criminal probe: Bloomberg

The case against Valeant could yield charges within weeks, the report said, citing people familiar with the matter. U.S. authorities are looking into potential accounting fraud charges related to Valeant's hidden ties to Philidor Rx Services LLC, a specialty pharmacy company that the company secretly controlled, Bloomberg reported. Prosecutors are examining the actions of Michael […]

Exclusive: Canada drugmaker Cipher mulls sale – sources

By Carl O’Donnell and John Tilak (Reuters) – Cipher Pharmaceuticals Inc , a Canadian specialty pharmaceuticals manufacturer, has hired an investment bank to review strategic alternatives, including a potential sale, people familiar with the matter said. The strategic review comes amid increased U.S. scrutiny of specialty drug prices, which has weighed on the valuations of […]

Clean indoor air as important as meds in controlling kids’ asthma

By Lisa Rapaport (Reuters Health) – To avoid asthma attacks, children with the respiratory disease shouldn’t breathe indoor air that’s contaminated by pollutants and allergens known to aggravate their symptoms, U.S. doctors advise. Reducing exposure to things like second-hand cigarette smoke, dust mites and furry pets may be as effective as medications at controlling asthma, […]

Brazil GM mosquitoes to breed out diseases

Scientists in Brazil are preparing to release millions of factory-bred mosquitoes in an attempt to wipe out their distant cousins that carry tropical diseases. British firm Oxitec says its genetically modified mosquitoes will swarm in among ordinary species such as Aedes aegypti, the insect that carries feared diseases such as Zika, dengue, yellow fever and […]

Defendant in U.S. opioid kickback case claims constitutional right to smoke pot

By Sarah N. Lynch WASHINGTON (Reuters) – A U.S. ex-pharmaceutical sales representative accused of paying kickbacks to induce doctors to write prescriptions for an opioid drug is asserting he has a constitutional right to continue smoking marijuana so he can remain clear-headed for his defense. In a filing Friday, lawyers for Jeffrey Pearlman asked a […]