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FDA allows generic version of scarce cancer drug

2013-02-05 01:33:09| Biotech - Topix.net

Federal regulators say approval of the first generic version of cancer drug Doxil will help resolve a lingering shortage triggered by manufacturing deficiencies.

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Generic competition, charges cut Merck Q4 profit

2013-02-01 15:00:12| Biotech - Topix.net

Merck & Co.'s fourth-quarter profit fell 7% as generic competition slashed sales of its blockbuster allergy drug Singulair and the drugmaker took sizeable restructuring and acquisition charges.

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