Latest Prescription drugs News
Rapper NBA YoungBoy pleads guilty in Utah prescription drug fraud ring
LOGAN, Utah (AP) — A Louisiana-based rap artist pleaded guilty Monday to his role in a large-scale prescription drug fraud ring that operated out of his multimillion-dollar home in Utah. Rapper NBA YoungBoy, whose real name is Kentrell Gaulden, walked into a courtroom in Logan,...
CVS Health bulks its board up to 16 members, adds hedge fund CEO
CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital...
New FDA rules for TV drug ads: Simpler language and no distractions
WASHINGTON (AP) — Those ever-present TV drug ads showing patients hiking, biking or enjoying a day at the beach could soon have a different look: New rules require drugmakers to be clearer and more direct when explaining their medications' risks and side effects. The U.S. Food and...
Harrow: Q3 Earnings Snapshot
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Harrow, Inc. (HROW) on Wednesday reported a loss of $4.2 million in its third quarter. On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 12 cents. The pharmaceutical and drug...
Marinus Pharmaceuticals: Q3 Earnings Snapshot
RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Marinus Pharmaceuticals Inc. (MRNS) on Tuesday reported a loss of $24.2 million in its third quarter. The Radnor, Pennsylvania-based company said it had a loss of 42 cents per share. The results topped Wall Street expectations....
Avadel: Q3 Earnings Snapshot
DUBLIN (AP) — DUBLIN (AP) — Avadel Pharmaceuticals PLC (AVDL) on Tuesday reported a loss of $2.6 million in its third quarter. The Dublin-based company said it had a loss of 3 cents per share. The results topped Wall Street expectations. The average estimate of six...
Cumberland: Q3 Earnings Snapshot
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Cumberland Pharmaceuticals Inc. (CPIX) on Thursday reported a loss of $1.5 million in its third quarter. The Nashville, Tennessee-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs and...
Rigel: Q3 Earnings Snapshot
SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Rigel Pharmaceuticals Inc. (RIGL) on Thursday reported third-quarter net income of $12.4 million. The South San Francisco, California-based company said it had profit of 70 cents per share. The...
McKesson: Fiscal Q2 Earnings Snapshot
IRVING, Texas (AP) — IRVING, Texas (AP) — McKesson Corp. (MCK) on Wednesday reported fiscal second-quarter net income of $241 million. The Irving, Texas-based company said it had net income of $1.87 per share. Earnings, adjusted for one-time gains and costs, came to $7.07 per...
Vanda: Q3 Earnings Snapshot
WASHINGTON (AP) — WASHINGTON (AP) — Vanda Pharmaceuticals Inc. (VNDA) on Wednesday reported a loss of $5.3 million in its third quarter. The Washington-based company said it had a loss of 9 cents per share. The biopharmaceutical company posted revenue of $47.7...
