Israeli pharma giant Teva said on Thursday it had signed a deal to buy Ratiopharm, Germany's second largest generic drugs producer, for 3.6 billion euros (4.9 billion dollars). "The acquisition will position Teva as the leading generic pharmaceutical company in Europe," the Jerusalem-based drugmaker said, boosting yearly sales in Europe to 5.2 billion dollars from ...

The $75 million heist at a pharmaceutical warehouse in Connecticut this week was just the most audacious example of a growing phenomenon: Thieves are stealing large quantities of prescription drugs for resale on the black market. Pharmaceutical heists in the U.S. have quadrupled since 2006, a coalition of industry and law enforcement estimates. And experts say the reasons include ...

Media reports on Wednesday indicated drugstore chain Walgreen Co. is in talks about a plan to offer prescription drugs directly to employees of Delta Air Lines Inc. Walgreen and Delta would not confirm any negotiations. The Deerfield, Ill., company is the largest U.S. drugstore ...

WASHINGTON (Reuters) - Comparing medical treatments to find the best and the cheapest may be a pillar of U.S. healthcare reform efforts, but very little such research is being done, according to a report published on Tuesday. Most of the so-called comparative effectiveness research is done at academic institutions or by other noncommercial enterprises, and less than 20 percent examine ...