AbbVie stock fell 10% after emraclidine, its drug for schizophrenia, failed during the final stages of its trials. The ...

A jury found McKesson and Cencora liable for $266 million in damages to the city of Baltimore for fueling the opioid crisis.

Drug shortages in the U.S. are increasing in number and duration, primarily affecting generic and multi-sourced drugs that ...

Drug distributor McKesson Corp raised its annual profit forecast on Wednesday, driven by increased sales in its U.S.

As of fiscal year-end 2024, McKesson had a cash and cash equivalents balance of $4.6 billion with an outstanding debt balance of $5.6 billion. Roughly one third of its debt is due to mature over the ...

A pink, sweet smelling powder may look cute, but it's anything but a harmless treat. "Drug distributors make drug cocktails of cocaine mixed with fentanyl, mixed with methamphetamine, xylazine and ...

The Indianapolis-based drugmaker blamed the misses on an inventory issue, saying wholesalers had a lot of drug in stock at the end of the second quarter, causing them to sell less in the third ...

McKesson, Cardinal Health, and Cencora are the three dominant wholesalers that distribute drugs and medical products. But they have prioritized becoming more than middlemen by also becoming cancer ...

A growing number of tech startups are using AI to advance pharmaceutical research. Iambic, which has previously won investment from tech giant Nvidia (NVDA.O), opens new tab, published details of ...

Caps on wholesale and pharmacy mark-ups apply only to sales reimbursed by public drug plans. There are no regulations on the prices of exported drugs." The study is available free of charge at ...

After antibody-drug conjugate (ADC) specialist Seagen was sold to Pfizer last year for a whopping $43 billion, former CEO David Epstein said he was looking to “hopefully make new drugs somewhere ...

The federal government is testing a new way to prevent treatment disruptions for seven pediatric cancer drugs by improving communication between hospitals, nonprofits and wholesalers. Shortages of ...