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Bayer plunges after jury finds its Roundup weedkiller caused cancer

Bayer's shares plunged 10% after a second jury found its Roundup weedkiller caused cancer.
Scientists at he University of California at Berkeley created cannabis compounds in a lab for the first time.

Scientists just made marijuana compounds in a lab for the first time, and it could open the door to new treatments for devastating diseases

A team of UC Berkeley researchers made cannabis compounds THC and CBD in a lab using an approach known as synthetic biology. They've already licensed the technology to a startup called Demetrix.
Lawmakers are trying to get some answers about the high cost of prescription drugs by grilling executives from seven top pharmaceutical companies.

America’s top pharma CEOs just got grilled by Congress over the cost of their drugs

The group of pharma executives tried to justify the cost of their drugs — and pointed fingers.

A depression drug that’s been called ‘the most important discovery in half a century’ just got a big step closer to FDA approval

Esketamine, a first-of-its-kind depression drug made by Johnson & Johnson, got a big nod on Tuesday from a group of experts convened by regulators.
The Sacklers are worth an estimated $14 billion.

Meet the Sacklers, one of the richest families in America, who built their $14 billion fortune off of controversial prescription drug OxyContin

The secretive family's $14 billion fortune comes mainly from sales of the prescription painkiller. They're also well-known for their philanthropic endeavors.
A pharmacy manager at a Florida Wal-Mart completes a transaction with a customer.

Walmart and CVS just resolved their $4 billion dispute over where you can pick up your prescriptions

People whose prescriptions are handled by CVS Caremark will still be able to pick them up at Walmart pharmacies, after the companies ended a pricing spat.
A drug company tried energy trading, and things didn't go as planned.

A tiny diabetes drug maker in Norway decided to get into energy trading — and failed spectacularly

Vistin Pharma, known for its type-2 diabetes drug Metformin, said in March that it would try its hand at the energy market. Things didn't go to plan.
Pharmaceutical companies still have increases planned for January of next year, in spite of President Donald Trump recently shaming Pfizer and others for price hikes.

Trump may have shamed Pfizer for increasing drug prices, but that isn’t stopping drugmakers from doing more of the same

Pharmaceutical companies are increasing drug price again this month, and they could be even larger than usual.
Price increases on the decades-old antifungal drug nystatin in 2014 are being blamed on collaboration between the companies that made the drug, according to newly revealed allegations in a huge federal lawsuit.

A smiley-face text message about hiking the price of an old drug is at the center of a massive lawsuit being brought against nearly 20 big drug compan...

The allegation is part of a larger civil antitrust complaint being brought by most US states regarding price hikes on a number of generic drugs.
The pain reliever Advil is one of the well-known brands that Pfizer is spinning off as part of a new collaboration with fellow drugmaker GlaxoSmithKline.

Two huge drugmakers are spinning off iconic brands like Advil, ChapStick and Emergen-C with nearly $13 billion in sales — and it’s part of...

The products involved in the deal are familiar pharmacy names, but they also have lower margins than other medicines.