Pharmaceutical Information - October 12, 2008

Herbal Firm To Pay $23 Million Settlement In Deceptive Cold, Flu Pill Suit

March 4, 2008 - Topics flu, herb, nutrition, diet and vitamin
The makers of a herbal dietary supplement are paying $23 million to settle a class action suit against them for falsely claiming their product can ward off germs and prevent the common cold and flu.

The settlement by Airborne makers Victoria Knight McDowell, an elementary school teacher from Carmel, California, and her screenwriter husband Thomas Rider McDowell, includes refunds to consumers who bought the tablet and advertising placements in selected publications informing the public how to get the refund

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Vietnam To Put Up Stem Cell Bank

March 4, 2008 - Topics disease, diabetes, hepatitis, hiv and babies
Vietnam has announced on Tuesday it will host its first-ever stem cell bank and will be launched on the last week of April in southern Ho Chi Minh City.

A leading local scientist said Vietnam will establish a repository for stem cells from umbilical cord blood and umbilical cord membrane for the treatment of fatal diseases

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FDA Warns Against Swallowing Of Inhaler Capsules

March 1, 2008 - Topics fda, disease, asthma, foradil and spiriva
The U.S. Food and Drug Administration (FDA) is warning consumers not to swallow respiratory disease medications meant for inhalation after it received several reports related to it.

Respiratory drugs Spiriva and Foradil capsules are used to ease breathing in patients with asthma and chronic obstructive lung disease. But FDA said it received several reports of the capsules being swallowed

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India To Issue Landmark Generic Drugs Ruling

February 28, 2008 - Topics sutent, research, global, cancer and pharmaceutical
The Indian Patent Office is set to issue a landmark ruling over the petition of a local drug manufacturer to allow cheaper generic drugs especially for cancer patients for export to poor countries under the "compulsory license" rule.

The case is attracting interest of giant drug manufacturers across the globe because it could open the floodgates for drug manufacturers to make copies of patented drugs

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Nevade Judge Slashes $134 Million Jury Award In Wyeth Phamaceutical Trial

February 20, 2008 - Topics breast cancer, cancer, women and pharmaceutical
A Nevada Court on Tuesday slashed by almost a third the $134.1 million jury award against Wyeth Pharmaceutical.

Judge Robert Perry of Washoe County, Nev., reduced the award to Arlene Rowatt, Jeraldine Scofield and Pamela Forrester to about $57.6 million, including $35 million in punitive damages

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