Site Archives pharma

New Easier Detection for Drugs in Municipal Wastewater Treatment


Recent media reports have pointed to growing concerns that quantities of pharmaceutical and illicit drugs are finding their way into our waterways. Reports from various areas warn of water life mutations occurring near municipal water discharge as a result of drugs passing through the system. Increased use of some illegal drugs is a growing concern [...]

Drug Giant Merck Settles Tax Evasion Case for $2.3 Billion


American pharmaceutical giant Merck & Co. has agreed to pay $2.3 billion to the Internal Revenue Service, settling a three-year tax evasion dispute for the tax years 1993-2001.
IRS records say Merck & Co. held offshore accounts in Bermuda for several years to hold patents for two of its drugs, and then used the royalties from [...]

Big Pharma: Only the Banks Make More Money


The growing general opinion is that drug companies are charging more for their drugs than they should, and their products don’t go far enough to actually cure diseases but simply treat symptoms. If you think that, you’re right on the money. Big Pharma money.
Since the 1980s, the drug industry has been one of the most [...]