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NEW DELHI: The spit of a giant and poisonous lizard will now help control diabetes. Compounds in the saliva of the endangered and carnivorous Gila Monster, which spends up to four months digesting its food, have been copied to develop a ground-breaking injection to treat type 2 diabetes. The drug, which helps the body produce the right

Drugs giant Bristol-Meyers Squibb and a former subsidiary have been forced to pay more than half a billion dollars to settle settle federal and state investigations for promoting an anti-psychotic drug, Ablify, for uses that were not approved by the US Food and Drug Administration and providing illegal inducements to doctors.

Due to pressure from the Food and Drug Administration, the Swiss pharmaceutical giant Novartis announced on March 30, 2007 that it would suspend all marketing and sales of their popular Irritable Bowel Syndrome (IBS)-treating drug Zelnorm throughout the United States due to recent studies that potentially reveal the drug could cause serious and...

Two Kiwi schoolgirls are worldwide celebrities after their school experiment forced an international pharmaceutical and food giant to admit it made false claims about vitamin C levels in Ribena. GlaxoSmithKline, the second-largest food and drug company in the world, was yesterday fined $217,500 in the Auckland District Court...

Pill which helps in quitting smoking has been developed by global pharmaceutical giant Pfizer. It is the first non-nicotine drug developed specifically for helping smokers to give up. Its also reported that Pfizer is preparing to launch its much-hyped smoking cessation drug in Brazil. U.S. Food and Drug Administration (FDA) granted a six-months