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Such tactics may help fatten corporate profits, but they hurt consumers, says Ilaria Passarani, health policy officer at the European consumer organization BEUC. "These measures represent a huge cost for patients and healthcare systems," she says. "These major drug companies should be focusing on innovative medicines, but this report says...

Author: /time Magazine | Title: Big Pharma Faces a Crackdown in Europe | 11/28/2008 | See Source »

The European pharmaceutical federation, EFPIA, said that the report merely described the landscape of a highly competitive sector, but offered no evidence that competition law had been broken. "The report acknowledges that patents are key to pharmaceutical innovation and should be protected," said EFPIA director general Brian Ager. "Indeed the...

Author: /time Magazine | Title: Big Pharma Faces a Crackdown in Europe | 11/28/2008 | See Source »

In all, 400,000 homes and 50,000 small businesses in the U.K. have used SmartWater. But having built its "umbrella" of technology, police enforcement and brand awareness on a not-for-profit basis, the Telford, western England, company is now courting larger firms for tailored approaches that it says...

Author: /time Magazine | Title: SmartWater: Message in a Bottle | 11/27/2008 | See Source »

At Harvard, the Faculty of Arts and Sciences announced a hiring pause on all vacant positions yesterday. While no further changes have been announced, University spokesman John D. Longbrake wrote in an e-mailed statement that “the Harvard community needs to be prepared to absorb unprecedented endowment...

Author: By Michael Y. Sun, CONTRIBUTING WRITER | Title: Ivy League Universities Issue Statements Concerning Their Responses to the Economic Downturn | 11/26/2008 | See Source »

A matchup of two archrivals in the final game of the season to determine the league’s champion would be highly anticipated at any school. But at Harvard Stadium tomorrow, it won’t just be about football. It will also be the 125th anniversary of a...

Author: By Dennis J. Zheng, CONTRIBUTING WRITER | Title: THE GAME '08: Clash of the Titans | 11/20/2008 | See Source »

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