Pharmaceuticals

Business & Economy
8:12 am
Thu May 9, 2013

Quintiles Goes Public, Sets Share Price At $40

Credit Quintles

Leoneda Inge reports on Quintiles and trading on the NYSE.

Trading on the New York Stock Exchange begins Thursday for North Carolina-based Quintiles.

The company announced late Wednesday that it is selling about 23.7 million shares of its common stock to the public at $40 a share. That would raise nearly $950 million in this initial public offering for the bio-pharmaceutical services company.

Read more
Health
5:00 am
Thu March 28, 2013

System To Track Prescription Drugs Underused

Credit NC Department of Health and Human Services

Prescription drug overdose kills an average of three people per day in North Carolina. 

Researchers at UNC Chapel Hill say a statewide system designed to reduce those numbers – North Carolina Controlled Substances Reporting System (CSRS) – is effective - but grossly underused.

CSRS went into effect in 2007, following a legislative mandate, but of the 34,000 providers authorized to prescribe controlled substances, only a third have registered with the CSRS, and fewer than half of those actually use it.

Read more
Health
6:15 pm
Mon November 26, 2012

Drug Database Gets Little Use From Pharmacists

State health officials want to know if low use of a prescription drug database is leading to more deaths in North Carolina.

A majority of state pharmacists and doctors are not checking a drug registry that every pharmacy must report to. Some lawmakers say that can enable some people to abuse highly addictive drugs. Last year, more than one thousand North Carolinians died of pharmaceutical overdoses. William Bronson runs the database for the state Department of Health and Human Services. He says it may not be fair to blame pharmacists for not monitoring their patients' drugs.

Read more
Health
6:00 am
Thu October 25, 2012

GSK Recycling Inhalers

GSK
Credit GSK

Drug maker GlaxoSmithKline is beginning a program to recycle spent respiratory inhalers. The company is signing up pharmacies in the Raleigh-Durham area and 30 other cities to collect the breathing aids. The company tested the program in a few of the selected cities and collected about 27-hundred inhalers. GSK's vice presider for respiratory business Jorge Bartolome says the "Complete the Cycle" program will break down the inhalers for multiple uses.

Read more
Health
5:00 am
Mon October 1, 2012

Duke Study Calls For More Children's Drug Trials

Duke University doctors say clinical trials on how drugs affect children are few and far between. Gurnal Scott reports.

Doctors looked at research conducted from 2005 to 2010 -- about 60-thousand trials. They found that adult medical trials far outnumber ones on kids under 18.

"By about 10 to one," says one of the study's writers, Alex Kemper, a pediatrics professor at Duke. "For those of us who provide care to children, we know that clinical trials are the best way to know how to treat conditions.

Read more
Business & Economy
10:00 am
Tue October 4, 2011

NC-Based PPD Sold

North Carolina’s clinical trials industry is seeing a major shift.  The latest example is the purchase of Wilmington-based P-P-D.

Read more
Health
5:00 am
Fri February 18, 2011

Drug Maker Working on Smallpox Treatment

The federal government has awarded drug maker Chimerix a nearly $25 million grant to develop an anti-viral drug for smallpox.

The Durham-based company’s lead candidate is a drug called CMX001. Chimerix President and CEO Kenneth Moch says the government wants the treatment ready in case of a smallpox outbreak as the result of a bioterrorist attack.
 

Read more

Pages