Which Sector Lost the Most Jobs in 2010? Pharma

Mergers, acquisitions and major restructurings made Big Pharma a much smaller and leaner sector, with some 54,000 jobs lost. At least that’s better than 2009’s 61,000 layoffs.
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J&J Recalls Rolaids Over Metal, Wood Particles

Johnson & Johnson (JNJ) is recalling packages of Rolaids medicines distributed in Canada after consumers complained of finding materials including particles of metal and wood in the products.

McNeil Consumer Healthcare, a unit of Johnson & Jo…

FDA Panel Backs Orexigen’s Diet Pill

After the U.S. Food and Drug Administration rejected two other weight-loss pills earlier this year, an advisory panel has recommended the approval of Orexigen Therapeutics’s Contrave. If the FDA follows the recommendation, Cont…

Johnson & Johnson Recalls More Children’s Medicines

Just days after Johnson & Johnson’s Children’s Tylenol started returning to store shelves, the health care giant has recalled about four million packages of Children’s Benadryl allergy tablets and some 800,000 bottles of Junior…

Pharmaceutical News Roundup: Human Genome, Merck, Novartis

Here’s a roundup of some of Wednesday’s major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck’s experimental heart drug appears to work well without side…