Industry Developments

Drug spending in Italian retail pharmacies is continuing to fall, as government austerities bite into revenues. Figures from Italian pharmacy federation Federfarma, show a fall in... 2007-11-30

The UK's state-run health provider the National Health Service (NHS) has announced that it is to under-spend its budget for 2007/2008 by as much as GBP1.8bn (US$3.72bn). Although... 2007-11-29

Iceland's health minister Gudlaugar Thor Thordarson has called for the country to change its health system in line with the other Nordic countries in order to make operations more... 2007-11-28

The UK medicines and Healthcare Products Regulatory Agency (MHRA) has released a new strategy or 2007-2011 to combat counterfeit medicines. The move has come after nine batches of... 2007-11-27

UK-based drugmaker GlaxoSmithKline has paid US$1.7bn to acquire privately held US firm Reliant Pharmaceuticals. BMI believes that the move is an attempt by GSK to boost it pipeline... 2007-11-26

With the US gearing up for substantial reforms to its healthcare system, a number of commentators are citing the Dutch model as an optimum example, due to its equitable coverage and... 2007-11-23

Employees at Belgium-based drugmaker Janssen Pharmaceutica (Janssen) are striking in protest at the compensation packages being offered to workers recently made redundant by US... 2007-11-20

In 2006, 29 new molecular entities were launched in Germany, according to the German Association of Research-based Pharmaceutical Companies, VFA. This is lightly higher than the average... 2007-11-19

Leading Canadian generics firm Apotex has acquired Belgian drugmaker Topgen for an undisclosed fee. In doing so, the North American company will increase its footprint in Europe,... 2007-11-16

The Spanish Society of Oncological Medicine (SEOM) claims that even though treatment standards are among the highest in Europe, the country still needs greater investment cancer research,... 2007-11-15