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Generic drugs boost economy

Part of an industry that apparently the recession forgot, generics firms are pumping money into the local economy, hiring hundreds of employees and fueling construction work, while opening themselves...

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Defective generic pill revives quality concerns

The Food and Drug Administration on Wednesday asked Teva Pharmaceuticals to withdraw its drug Budeprion XL 300 after testing showed the drug did not properly release its key ingredient.

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High court weighs drug companies’ generics policy

generic drugs, prescription drugs, pharmaceutical corporations, U.S. Supreme Court, pay-for-delay deals

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Hi-Tech Pharmacal loses $4.6M in fourth quarter

Shares of Hi-Tech Pharmacal Co. Inc. skidded Tuesday after the generic and branded drugmaker reported a loss of $4.6 million in its fourth quarter.

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Hi-Tech Pharmacal 1st-quarter net income skids

Hi-Tech Pharmacal said its net income sank in the fiscal first quarter, after it lost a major customer and sales of its generic Flonase fell by almost half.

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This time, Spirit Pharmaceuticals chooses LI

Spirit Pharmaceuticals has begun a search for industrial space within the Town of Brookhaven, where it wants to set up a new manufacturing facility.

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Amneal acquiring 4 generics from Actavis

Amneal Pharmaceuticals, one of the largest generic drug manufacturers in the nation, has reached a deal to acquire four generic products from Actavis.

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Hi-Tech Pharmacal generic cataract drug OK’d

The Food and Drug Administration has approved Hi-Tech Pharmacal’s generic drug to reduce pain and swelling after cataract surgery.

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Soaring generic drug prices draw Senate scrutiny

Some low-cost generic drugs that have helped restrain healthcare costs for decades are seeing unexpected price spikes of up to 8,000 percent.

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Generic gold

Long Island’s lesser known pharma names are on a roll

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