Drug companies in race to come up with safer alternatives to opioids
Washington
IN THE wake of mounting overdoses and deaths from the opioid addiction crisis sweeping across the US, drugmakers are racing to come up with safer painkillers.
Companies are highly motivated to create alternatives to the US$4 billion opioid market. The US federal government is cracking down on lax prescriptions that contribute to many thousands of deaths a year and has started to block the sale of medications that it considers unsafe.
Drugs such as morphine, fentanyl, and oxycodo…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
France's Casino supermarket chain to axe up to 3,200 jobs
Prada outshines rivals with 16% revenue lift boosted by Miu Miu
Toymaker Hasbro posts quarterly profit beat, slower sales decline
Hilton lifts 2024 profit forecast on international travel demand
China knockoff raid jolts a global throng of fake-fashion influencers
Roche cuts pipeline after research setbacks and sales drop