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BTG vein treatment on track for potential 2014 launch

LONDON (Reuters) - BTG's Varisolve treatment for varicose veins has been accepted for review by the U.S. Food and Drug Administration, putting it on track for potential approval and launch during the first half of 2014. The specialty pharmaceutical com...

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Latest GSK Avandia pain: A $3.4 billion charge for legal costs

GlaxoSmithKline's Avandia problems are resulting in the company setting aside $3.4 billion to pay for legal costs related to its former diabetes drug, which has been linked to greater cardiovascular risks. Though the drug is now scarce in the European and U.S. markets thanks to greater regulatory scrutiny, GSK faces mounting expenses as Avandia legal claims continue to be filed.

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Is Genzyme on the block? (Morning Read)

Highlights of the important and the interesting from the world of healthcare: Is Genzyme on the block? A report that GlaxoSmithKline “casually requested” that Genzyme let it know if the latter ever puts itself up for sale has created a bit of a buzz, even if it’s unlikely GSK would be interested in pulling the […]