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Pharmaceuticals, health and wellness

Mallinckrodt floats $1.6B opioid deal, bankruptcy for specialty generics unit

Hamstrung by opioid lawsuits and mounting debt, opioid maker Mallinckrodt has spent the past few months taking a hard look at bankruptcy to help cover its debts. Now, with a massive opioid settlement in the works, Mallinckrodt’s specialty generics business will enter court-supervised restructuring to help secure its hefty payments. Mallinckrodt has agreed to a $1.6 […]

Novartis’ hot new eye drug Beovu tied to potential vision loss: experts

Novartis has touted early success for its new eye drug Beovu, but an alert tying the drug to potential vision loss might cause docs to balk when it comes to prescribing the medicine.  The American Society of Retina Specialists (ASRS) issued a note Sunday night to members about 14 cases of retinal vasculitis for Beovu patients, 11 of which were occlusive retinal vasculitis that […]