Drug Safety

Shanghai Finds 6,600 Dead Pigs as Farm Confesses to Dumping

The number of dead pigs found in Shanghai’s Huangpu river climbed to at least 6,600 as the official Xinhua News Agency reported a farm in neighboring Zhejiang province confessed to dumping carcasses in the water.

Shanghai Ups Checks as Dead Pigs Pulled From River Hit 6,600

Shanghai stepped up inspections and retrieval of dead pigs from its main river after the number of carcasses found in China’s largest commercial city climbed to at least 6,600 today.

Shanghai Ups Checks on River After Dead Pigs Double to 6,000

Shanghai said it’s increasing the frequency of water quality checks after the number of dead pigs found upriver from China’s largest commercial city more than doubled from the previous tally to almost 6,000.

AbbVie, InterMune Sue to Block Clinical-Trial Data Release

AbbVie Inc., the drugmaker that was split off from Abbott Laboratories at the start of this year, and biotechnology company InterMune Inc. sued the European Union’s pharmaceuticals regulator in a bid to block publication of clinical-trial data.

Shanghai Finds Pig Virus in Local River as Carcasses Pile Up

Shanghai said it detected traces of a virus that may have killed pigs found in a river that runs through the city as the government reported the number of dead animals retrieved from the water more than doubled.

China Plans to Elevate Food, Drug Regulator to Ensure Safety

China unveiled a plan to elevate the food and drug regulator to a ministry-level body with broader powers, underpinning the government’s pledge to crack down on safety violations and better protect consumers.

FDA Reform Can Lift U.S. Economy

Without a growing economy that creates more high-paying jobs, both President Barack Obama and congressional Republicans face the unpalatable prospect of much higher taxes or reductions to popular programs (or both). Growth is the best way to cut this Gordian knot.

Securities-Fraud Suits Backed by High Court in Amgen Case

The U.S. Supreme Court made it easier for shareholders to press class action securities-fraud suits, ruling that Amgen Inc. must defend against claims that it misled investors about the safety of two drugs for anemia.

Stada’s Hemofarm Says Drug Safety Restored After FDA Warning

Hemofarm AD, a Serbian drugmaker owned by Stada Arzneimittel AG, said it fixed contamination threats in its aseptic production line found by the U.S. Food and Drug Administration, which halted its exports to the U.S.

Recalled Drugs Tied to Heart Risk Spurs Call for FDA Review

Half of the 21 drugs pulled from the market in the U.S. for safety reasons since 1995 involved heart complications, a finding that is spurring Congress and doctors to call for closer government review of side effects.

China

Shanghai

Hong Kong

Supreme Court

WTI Crude Recovers After Falling on Signs of Weaker Fuel Demand

Jobless Claims in U.S. Jump to Highest Level in Six Weeks

U.S. Stock Futures Decline on Jobless Claims, Home Data

European Stocks Little Changed Near Highest Since 2008

Japan GDP Jumps Most in Year as Consumers Open Wallets