(MONTGOMERY, Ala.)Two large pharmaceutical companies said Thursday they will appeal a jury verdict ordering them to pay more than $114 million for overcharging the state's Medicaid program for presc...READ MORE

(WASHINGTON)Diabetes drugs should face tougher safety standards that could cost manufacturers millions but protect patients from unforeseen heart risks, a government panel has recommended.READ MORE

(LONDON)Shares in AstraZeneca PLC jumped almost 5 percent Wednesday after the drug maker won a key patent battle in the United States over Seroquel, its anti-psychotic drug and second-best...READ MORE

(MONTGOMERY, Ala.)A state court jury on Tuesday found two major pharmaceutical companies defrauded Alabama in a long-running Medicaid drug pricing scheme and ordered the firms to pay more than $114 ...READ MORE

(NEW YORK)Teva Pharmaceutical Industries Ltd. said Tuesday a U.S. court ruled against it in an ongoing patent challenge over the anti-psychotic drug Seroquel and the Israel-based drug develo...READ MORE

(NEW YORK)Shares of OSI Pharmaceuticals Inc. rose Friday after a Thomas Weisel Partners analysts initiated coverage of the biopharmaceutical company with an "Overweight" rating, citing accel...READ MORE

(NEW YORK)Shares of pharmaceutical companies opened mostly higher Friday as the broader market shifted between gains and losses, as a new high in rise in oil prices was tempered by reports o...READ MORE