Almost one in five smokers who have tried to kick the habit failed within 24 hours and more than half lasted less than a week, according to a poll of 6,200 current or former smokers.

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GSK in $150m US settlement

GlaxoSmithKline has reached a $150m (£92m) preliminary settlement with US drug wholesalers who claimed the company improperly delayed entry to the market of generic alternatives to its nasal spray Flonase, according to court documents.

How can Viagra maker Pfizer pay no UK tax?

Top executives from leading global firms face questions over their tax affairs by MPs on Monday

New MS wonder drug may be too costly to use

After a 20 year struggle overcoming scientific barriers and commercial sharp practice, scientists at Cambridge University today announce a breakthrough in the treatment of multiple sclerosis which could have a “transformative” effect on sufferers from the debilitating disease.

Employees of Sanofi protest against job cuts

Exclusive: MS drug 'rebranded' – at up to 20 times the price

Pharmaceutical giant withdraws existing treatment to boost profits

Blow for sufferers as experimental Alzheimer's drug is scrapped

Studies of one of the most anticipated experimental drugs for Alzheimer's disease have been scrapped after it failed to help patients with the condition in a high-profile clinical trial.

Shire dives as copycat is backed by US watchdog

Shares in the British FTSE 100 pharmaceuticals giant Shire yesterday dived 11 per cent after regulators shocked the City by giving their backing to a generic rival of one of its best-selling drugs.

Nestlé may have deal to buy Pfizer baby milk

Nestlé, the world's biggest food group, is closing in on a deal to buy Pfizer's baby food business for up to $10bn (£6bn) to boost its business in China and extend its lead in the world of formula milk.

Caution on Botox migraine treatment

A health watchdog has called for more information before it can recommend Botox for the treatment of chronic migraines on the NHS.

Watson launches first generic Lipitor

Watson Pharmaceuticals, the New Jersey-based drug manufacturer, did not even wait for dawn before trumpeting its first shipments yesterday of Lipitor, the cholesterol-lowering pill that became the world's biggest selling medicine.

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