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The company was established in Ballina in County Mayo as The United Drug Chemical Company, a co-operative controlled by Irish pharmacists, in 1948. [4] UDG bought Leicestershire-based Ashfield Healthcare for £16.5 million in 2000. [5] In January 2007, the company acquired Presearch, a UK laboratory services company, for GBP £2.9 million. [6]
Pharmaceutical fraud is when pharmaceutical companies engage in illegal, fraudulent activities to the detriment of patients and/or insurers. Examples include counterfeit drugs that do not contain the active ingredient, false claims in packaging and marketing, suppression of negative information regarding the efficacy or safety of the drug, and violating pricing regulations.
The following are settlements reached with US authorities against pharmaceutical companies to resolve allegations of "off-label" promotion of drugs. Under the Federal Food, Drug, and Cosmetic Act, it is illegal for pharmaceutical companies to promote their products for uses not approved by the Food and Drug Administration (FDA), and corporations that market drugs for off-label indications may ...
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The Federal Trade Commission on Friday asked that notorious “pharma bro” Martin Shkreli be held in contempt of court for forming a new drug company in violation of a judge’s ban on the ...
Homeowners across the U.S. are being targeted in a sophisticated scam in which callers pose as mortgage lenders to defraud people out of hundreds of thousands of dollars, the Federal ...
None of the research teams have a financial interest in any pharmaceutical company or product. In addition to DERP’s effectiveness data, Best Buy Drugs layers in drug pricing information based on average retail prices paid by consumers at the pharmacy. [3] The reports are peer-reviewed by medical experts in the particular drug category.
Plumb's Drugs, Rexall in Bellefonte, Pennsylvania. Rexall was a chain of American drugstores, and the name of their store-branded products.The stores, having roots in the federation of United Drug Stores starting in 1903, licensed the Rexall brand name to as many as 12,000 drug stores across the United States from 1920 to 1977.