Industry Developments

Thomson Financial has reported that Schering Plough's Organon was among seven companies that were fined a combined EUR1.3mn (US$2.1mn) for paying bribes to Saddam Hussein's regime... 2008-07-17

According to The Saudi Gazette, over SAR400mn (US$106mn) worth of medicines are wasted annually due to excessive purchase by health facilities.

According to CISA, medical charity, MSF Switzerland, is halting services in the Fiiq region of Ethiopia due to government obstruction.

Business Daily has reported that Kenyan health management organisations have identified collusion between medical personnel and policy holders as the chief cause of medical insurance... 2008-07-16

In response to the weak dirham against the euro, the UAE's Ministry of Health has announced that the prices of medicines imported from eurozone countries will be increased, with effect... 2008-07-16

A new study published in The Lancet medical journal demonstrates the growing body of evidence that inexpensive malaria drugs can offer benefits in malaria treatment programmes beyond... 2008-07-16

Following the rejection of its merger agreement with Israel-based drug manufacturer Taro Pharma , India's Sun Pharma has launched a hostile takeover bid.

The US FDA has accepted for review Momenta Pharmaceuticals' generic version of Teva Pharmaceutical's Copaxone (glatiramer).

Validating BMI's view that Kenya's pharmaceutical supply chain is ineffective, the medical services minister, Peter Anyang' Nyong'o, has dismissed the entire board of the Kenya Medical... 2008-07-15

This Day quoted Minister of Labour, Dr. Hassan Muhammed Lawal, stating that despite efforts to reduce the maternal death rates, 800-1,000 out of every 100,000 pregnant women die due... 2008-07-14