Latest Pharmaceutical manufacturing News

The Latest: Fearing outbreak, Spain locks down county of 71K

Jul. 5, 2020 3:40 PM EDT

MADRID — Authorities in northwestern Spain have ordered the lockdown of a county with a population of 71,000 for fears of a coronavirus outbreak. Regional authorities in Galicia announced Sunday that movement to and from A Mariña county located on Spain’s northern Atlantic coast will be...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

Asian shares advance following upbeat US jobs report

Jul. 2, 2020 11:27 PM EDT

Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. Tokyo's Nikkei 225 index picked up 0.3% to 22,220.33, while the Shanghai Composite index jumped 1.3% to 3,130.62. In South Korea, the Kospi gained 0.6% to 2,148.24, and Australia's S&P/ASX 200 rose 0.6% to 6,067.30....

The Latest: South Korea has 63 newly confirmed virus cases

Jul. 2, 2020 10:56 PM EDT

SEOUL, South Korea -- South Korea has reported 63 newly confirmed cases of COVID-19 as health authorities scramble to mobilize public health tools to the southwestern city of Gwangju, where more than 50 people were found sickened over the past week. The figures announced by the Korea Centers for Disease Control...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 2, 2020. Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on vaccine hopes

Jul. 2, 2020 12:04 AM EDT

Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced preliminary data from a...

Novartis pays $678M to resolve suit over sham doctor outings

Jul. 1, 2020 10:58 PM EDT

NEW YORK (AP) — Novartis Pharmaceutical Corp. will pay $678 million to the U.S. government and various states to settle a lawsuit over a sham speaker program that distributed cash, expensive dinners and other treats to induce doctors to prescribe its products, federal authorities announced Wednesday. The...

FILE - This is an April 30, 2020, file photo showing Gilead Sciences headquarters in Foster City, Calif. The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States and other developed countries. Gilead Sciences announced the price Monday, June 29 for remdesivir, and said the price would be $3,120 for patients with private insurance. It will sell for far less in poorer countries where generic drugmakers are being allowed to make it. (AP Photo/Ben Margot, File)

Health experts slam US deal for large supply of virus drug

Jul. 1, 2020 6:11 PM EDT

LONDON (AP) — Public health experts on Wednesday criticized the U.S. for securing a large supply of the only drug licensed so far to treat COVID-19. The U.S. government announced this week that it had an agreement with Gilead Sciences to make the bulk of their production of remdesivir for the next three...

A security guard checks the body temperature of people before entry a market, amid coronavirus outbreak in Jakarta, Indonesia Tuesday, June 30, 2020.(AP Photo/Achmad Ibrahim)

Asia Today: India's virus cases, deaths surge again

Jun. 30, 2020 10:52 AM EDT

NEW DELHI (AP) — India on Tuesday reported more than 18,000 new coronavirus cases and 400 deaths after an Indian company said it would start clinical trials of a potential vaccine. Bharat Biotech said it had received government permission to go ahead with the first two phases of clinical trials after...

2 Indian workers killed in pharmaceutical plant's gas leak

Jun. 30, 2020 4:08 AM EDT

HYDERABAD, India (AP) — At least two workers were killed and four others sickened by a gas that leaked from a pharmaceutical plant Tuesday in an Indian industrial city where another fatal gas leak occurred less than two months ago. “The fire brigade immediately reached the scene and plugged the...

In this April 8, 2020, photo, employees work on a car assembly line at the Dongfeng Honda Automobile Co., Ltd factory in Wuhan in central China's Hubei province. The United States, Japan and France are prodding their companies to rely less on China to make the world’s smartphones, drugs and other products. But even after the coronavirus derailed global trade, few are willing to give up access to its skilled workers, vast market and efficient suppliers by moving factories closer to home. (AP Photo/Ng Han Guan)

Companies prodded to rely less on China, but few respond

Jun. 30, 2020 3:23 AM EDT

BEIJING (AP) — The United States, Japan and France are prodding their companies to rely less on China to make the world’s smartphones, drugs and other products. But even after the coronavirus derailed trade, few want to leave China's skilled workforce and efficient suppliers of raw materials to move...

Financial union members wearing face masks to help protect against the spread of the new coronavirus attend a rally against government's financial policy in front of the Financial Supervisory Service in Seoul, Monday, June 29, 2020. (AP Photo/Ahn Young-joon)

The Latest: SKorea sees COVID-19 cases spread beyond capital

Jun. 29, 2020 10:37 PM EDT

SEOUL, South Korea -- South Korea has reported 43 newly confirmed cases of COVID-19 from across the country as infections begin to spread beyond the greater capital area, which has been at the center of a virus resurgence since late May. The figures announced by South Korea’s Centers for Disease Control...