Pharma

Somalia Takes Bold Steps Towards Pharmaceutical Regulation In a move echoing the cautious optimism of a nation seeking better healthcare standards, Somalia’s federal parliament convened this Monday to deliberate a pivotal piece of legislation. This draft law, focusing on pharmaceutical regulation, marks a significant stride in the nation’s fight against counterfeit drugs. The proposed legislation, known as the Medicine Regulation Bill, is the brainchild of the Ministry of Health. It is poised…

Purdue Pharma, along with its controlling Sackler family, has recently hammered out a staggering $7.4 billion agreement aimed at settling a tidal wave of lawsuits. These cases allege that the painkiller OxyContin played a significant role in igniting the opioid addiction catastrophe gripping the United States, as affirmed by several state attorneys general. This settlement comes nearly seven months after the U.S. Supreme Court upended Purdue’s earlier bid for resolution via a bankruptcy settlement. At that time, Purdue…