American authorities are seeking up to $3.3 billion in fines from Swiss pharmaceutical giant Novartis on allegations it paid kickbacks to boost drug sales, according to a document AFP consulted on Wednesday.
Japanese health authorities said Friday that they have ordered the local unit of Swiss pharmaceutical giant Novartis to temporarily suspend its operations for failing to report drug side effects.
Japanese health authorities said Wednesday that they will soon make a decision on a possible penalty against the local unit of Swiss pharmaceutical giant Novartis for failing to report drug side effects.
Swiss pharmaceuticals giant Novartis said on Tuesday that strong sales of new products helped push its net profit up 12 percent in 2014 from the previous year despite harsh competition from cheaper copycat generic drugs.
Swiss pharmaceutical company Novartis said on Friday it has won approval to market its Cosentyx psoriasis treatment in Japan, making it the first country to authorise commercialisation of the drug.
The Japanese unit of Swiss pharma giant Novartis has admitted it did not report more than 2,500 cases of serious side effects in patients using its leukaemia and other cancer drugs, reportedly including some fatalities.
Japanese prosecutors on Tuesday laid charges against the local unit of Swiss pharmaceutical giant Novartis in a widening scandal over claims that falsified data were used to exaggerate the benefits of a popular blood-pressure drug.
Prosecutors on Wednesday arrested a former employee of the Japanese unit of Swiss pharmaceutical giant Novartis for allegedly manipulating research data to exaggerate the benefits of a popular blood-pressure drug.
Leading Indian drug company Biocon on Friday rejected allegations by Novartis that it infringed on the Swiss pharmaceutical giant's patent for its blockbuster diabetes drug Galvus.
Swiss pharmaceutical giant Novartis is replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia
treatments from regulators.
Japanese prosecutors on Wednesday raided the offices of the local arm of Swiss pharmaceutical giant Novartis over alleged exaggerated advertising for a popular blood-pressure drug, local media said.
Japan's health ministry on Thursday filed a criminal complaint against the local arm of Swiss pharmaceutical giant Novartis over alleged exaggerated advertising for a popular blood-pressure drug, the company said.
Japan's health ministry will on Wednesday file a criminal complaint against the local arm of Swiss pharmaceutical giant Novartis over alleged exaggerated advertising for a popular blood-pressure drug, Kyodo News agency reported.
A Japanese university is to retract a study that touted the effectiveness of a blood pressure drug made by Swiss pharmaceutical giant Novartis because it was based on fabricated data.
Test data on a widely used blood pressure drug from Swiss pharmaceutical giant Novartis was very likely fabricated and falsified, Japan's health minister says.
Acclaimed Japanese conductor Seiji Ozawa has pulled out of a trip to Switzerland that was to mark his return to the podium in Europe after years of poor health, an official told AFP Thursday.
<p>Japanese regulators on Friday ordered the local arms of UBS and Citigroup to suspend operations for up to 30 days for allegedly trying to manipulate short-term interest rates for interbank trading.</p>
<p><span style="font-family: arial, sans-serif; font-size: 13px;">A Swiss-Japanese project said Tuesday that it is building a mobile concert hall which would bring music and performance arts back to earthquake-devastated northern Japan.</span></p>
<p><span style="font-family: arial, helvetica, sans-serif; font-size: small;">The Council of States has ruled that Swiss private home-owners must continue to build fallout shelters, in the wake of Japan’s nuclear disaster</span>.</p>
<p><span style="font-family: arial, helvetica, sans-serif; font-size: small;">The Swiss government introduced new rules Wednesday to protect products from the Alpine region. From the beginning of next year, the label "Alpine" can only be used for products that abide by the region's regulations.</span></p>
<p>Japanese engineering giant Toshiba said on Thursday it would buy Swiss utility metering firm Landis+Gyr for $2.3 billion in response to expected growth in worldwide demand for more efficient power grids.</p>
<p>Japan's Takeda Pharmaceutical said Thursday it reached a €9.6 billion ($13.6 billion) deal to buy Swiss drugmaker Nycomed in what would be one of the biggest overseas acquisitions by a Japanese firm.</p>
