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Pharmaceuticals

FBI Probes Alleged Arson Fire At NJ Home Of Bayer Exec: Report FBI Probes Alleged Arson Fire At NJ Home Of Bayer Exec: Report
FBI Probes Alleged Arson Fire At NJ Home Of Bayer Exec: Report A suspicious fire that broke out at the New Jersey home of a pharmaceutical company executive earlier this week is under investigation by multiple agencies including the FBI, authorities said. Yahoo Finance was first to report the alleged attack on a Bayer executive March 4 in Morris County. The blaze broke out at a home on East Lane in Madison at approximately 7:30 that morning, according to Meghan Knab, a spokesperson for the Morris County Prosecutor's Office. The fire was quickly extinguished by local firefighters and the home did not suffer significant damage. Knab could not confirmed t…
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts. The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported. Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
Pharmaceutical Company Laying Off 290 Lawrenceville Workers Amid Massive Cost-Cutting Push Pharmaceutical Company Laying Off 290 Lawrenceville Workers Amid Massive Cost-Cutting Push
Pharmaceutical Company Laying Off 290 Lawrenceville Workers Amid Massive Cost-Cutting Push Nearly 300 employees in Lawrenceville will lose their jobs as part of a pharmaceutical company's major cost-cutting measures, officials said. Bristol Myers Squibb will lay off at least 290 employees in 2025, according to a Worker Adjustment and Retraining Notification (WARN) notice in February. A company spokesperson confirmed the layoffs to the Daily Voice on Monday, Mar. 3. The company will begin 223 of those layoffs on Thursday, May 22, and continue them through Friday, Aug. 1.  "We are optimizing operations across the company while prioritizing investments in innovative and t…
New Haven Psychiatrist to Pay $455K For Over-Prescribing 'Holy Trinity' Of Dangerous Drugs: DA New Haven Psychiatrist to Pay $455K For Over-Prescribing 'Holy Trinity' Of Dangerous Drugs: DA
New Haven Psychiatrist to Pay $455K For Over-Prescribing 'Holy Trinity' Of Dangerous Drugs: DA A Connecticut psychiatrist has agreed to pay $455,439 to resolve allegations that he issued large amounts of medically unnecessary prescriptions and submitted false claims to Medicare and Medicaid, federal and state officials announced. Dr. Naimetulla Ahmed Syed, formerly practicing in Danbury and New Haven, was accused of prescribing dangerously high amounts of controlled substances without a legitimate medical purpose between 2016 and 2021, the US Attorney for Connecticut said. Investigators alleged that Syed’s prescriptions often included benzodiazepines and other high-risk drug combinat…
Short Hills Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds Short Hills Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds
Short Hills Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds A 54-year-old former NJ pharmaceutical executive used insider information to avoid $38 million in losses, authorities said. Dale Chappell, who currently lives in Switzerland faces charges of securities fraud and insider trading, U.S. Attorney Philip Sellinger said. Chappell was formerly the chief scientific officer and member of the board of directors of Humanigen, a publicly traded clinical-stage biopharmaceutical company with offices in Short Hill, Sellinger said. Chappell was arrested on Friday, Dec. 20 in Switzerland, Sellinger said. The United States will seek Chappell’s extr…
Family Killed In Western Mass Murder-Suicide ID'd Family Killed In Western Mass Murder-Suicide ID'd
Family Killed In Western Mass Murder-Suicide ID'd Police have identified the three people found shot to death inside a Western Massachusetts home as a mother, her son, and her domestic partner.  Sima Pariseau, age 56, Dylan Pariseau, age 27, and Peter Donaldson, age 56, were found dead Tuesday morning, June 18, after police were called to perform a welfare check, the Hampden District Attorney's Office said.  Police saw Donaldson's body through a window and forced their way inside. They found Sima and her son in the basement. Both had been shot multiple times.  Donaldson, who was found in the living room of the 851 Main St. …
Duo Apprehended After Stealing $10K In Pharmaceuticals At Costco In Port Chester: Police Duo Apprehended After Stealing $10K In Pharmaceuticals At Costco In Port Chester: Police
Duo Apprehended After Stealing $10K In Pharmaceuticals At Costco In Port Chester: Police Two people face charges after stealing $10,000 in pharmaceuticals from a Westchester Costco store, including a woman who led authorities on multiple pursuits in several municipalities, police said.  The incident began on Thursday night, Oct. 26, when Port Chester Police were alerted that a stolen vehicle had entered the village. This vehicle was soon found in the parking lot of the Costco Wholesale store at 1 Westchester Ave., police said.  According to the department, while officers were investigating the location of the car's occupants, a woman came out of Costco's side exit wit…
Montco Pharma Giant Could Pay Billions For Role In Opioid Crisis: Feds Montco Pharma Giant Could Pay Billions For Role In Opioid Crisis: Feds
Montco Pharma Giant Could Pay Billions For Role In Opioid Crisis: Feds A Conshohocken-based pharmaceutical giant could be on the hook for billions of dollars in fines for its role in the nationwide opioid epidemic, prosecutors say.  US Attorney Jacqueline C. Romero filed suit against AmerisourceBergen Corp., one of America's largest pharmaceutical wholesalers, for allegedly violating federal law regarding opioid distribution.  According to prosecutors, prescription drug sellers have a "longstanding legal obligation" to inform the federal Drug Enforcement Administration "each and every time they receive a suspicious order." Not only did AmerisourceBe…
Brazen Burglar Breaks Into Wegmans Pharmacy Brazen Burglar Breaks Into Wegmans Pharmacy
Brazen Burglar Breaks Into Wegmans Pharmacy SEE ANYTHING? Police were trying to identify a burglar who broke into the Wegmans pharmacy in Montvale and stole medications Thanksgiving morning. Motion sensors alerted security around 10:30 a.m. Thursday, but the bandit quickly fled the store with an "unknown quantity of packaged pharmaceuticals," Montvale Police Chief Joseph Sanfilippo said. Surveillance images show the burglar wearing a large greyish coat with black fur around the hood, black pants and shiny black shoes. Detectives were investigating. Meanwhile, the chief asked that anyone who might have seen something or has informat…
COVID-19: Cats, Dogs, Caviar, Here Are Odd Shortages Caused By The Pandemic COVID-19: Cats, Dogs, Caviar, Here Are Odd Shortages Caused By The Pandemic
Covid-19: Cats, Dogs, Caviar, Here Are Odd Shortages Caused By The Pandemic The COVID-19 pandemic and subsequent economic turmoil are leading to supply shortages in places you might not have considered. Among purchasables in short-supply are cats and dogs up for adoption to baking yeast, jigsaw puzzles, and truffles among other things. When COVID-19 closed much of the economy in March 2020, items that include toilet paper, paper towels, cleaning supplies, coins, meat, and flour were among the first pandemic-related shortages Americans experienced. Most of those shortages have been addressed by manufacturers and supply chains. But as the U.S. comes up on one year…
Stamford-Based Purdue Pharma Admits To Crimes, Facing Billions In Fines For Opioid Crisis Role Stamford-Based Purdue Pharma Admits To Crimes, Facing Billions In Fines For Opioid Crisis Role
Stamford-Based Purdue Pharma Admits To Crimes, Facing Billions In Fines For Opioid Crisis Role Purdue Pharma, the maker of OxyContin, has agreed to pay billions of dollars in fines and will plead guilty to federal criminal charges for its role in the nation’s opioid crisis. The Fairfield County-based Connecticut company agreed to plead guilty in federal court in New Jersey to a three-count indictment that includes one count of dual-object conspiracy to defraud the United States and to violate the Food, Drug, and Cosmetic Act, and two counts of conspiracy to violate the Federal Anti-Kickback Statute. As part of the agreement, Purdue Pharma, whose headquarters is in Stamford, will…
Kasia Tieluszecka Of Toms River, 38, Remembered For Unique Sparkle, Determination Kasia Tieluszecka Of Toms River, 38, Remembered For Unique Sparkle, Determination
Kasia Tieluszecka Of Toms River, 38, Remembered For Unique Sparkle, Determination Katarzyna "Kasia" Tieluszecka of Toms River died Oct. 4. She was 38 years old. Kasia was born in Poland and moved to the U.S. when she was 10 with her family, and attended Wanaque High School while living in Haskell, her obituary says. Remembered for her "incredible work ethic," Kasia got her first job at 15 at a local bagel store. She graduated from Lakeland High School in 2001, and went on to earn her bachelor's in business and marketing at William Paterson University. She most recently had been working as a pharmaceutical sales representative on the Jersey Shore. Kasia previously …
These Long Island Companies Rank Among Largest In New York These Long Island Companies Rank Among Largest In New York
These Long Island Companies Rank Among Largest In New York New York is home to some of the largest and most high-profile companies in the nation, but which on Long Island rank among the largest? Using a Zippier database, a newly released report from NewYorkUpstate.com determined the 99 largest businesses in the Empire State, based on the employee count at each location. Among the Long Island companies to make the cut include: Northwell Health in New Hyde Park (13th overall): Employees: 60,000; Education Services; Organization type: Education. Henry Schein in Melville (49th): Employees: 21,000; Pharmaceuticals; Organization type: Public. JetBl…
Fairfield Generic Drug Maker Among 20 Companies, 16 Individuals Accused In Price-Fixing Scheme Fairfield Generic Drug Maker Among 20 Companies, 16 Individuals Accused In Price-Fixing Scheme
Fairfield Generic Drug Maker Among 20 Companies, 16 Individuals Accused In Price-Fixing Scheme A Fairfield-based generic drug manufacturer was among 20 companies accused of participating in what authorities called “one of the most egregious and damaging price-fixing conspiracies in the history of the United States.”  A complaint filed by the 44 states in U.S. District Court in Connecticut also accuses 16 individuals of participating in the scheme. More than half of the drug companies and five of the individual defendants – all of whom are drug company executives responsible for sales, marketing, pricing and operations -- are from New Jersey. They include Breckenridge Pharm…
Chestnut Ridge Generic Drug Company Accused In Price-Fixing Scheme Chestnut Ridge Generic Drug Company Accused In Price-Fixing Scheme
Chestnut Ridge Generic Drug Company Accused In Price-Fixing Scheme A generic drug company based in Chestnut Ridge and a drug sales and marketing executive from Bardonia are among those charged in what authorities called “one of the most egregious and damaging price-fixing conspiracies in the history of the United States.”  A complaint filed by the 44 states in U.S. District Court in Connecticut names 20 companies and 16 individuals accused of participating in the scheme. Par Pharmaceutical Companies, Inc., of Chestnut Ridge, and Ara Aprahamian, of Bardonia, the vice president of sales and marketing at Taro Pharmaceuticals U.S.A, Inc., in Hawthorn…
Mahwah Generic Drug Maker Among 20 Companies, 16 Individuals Accused In Price-Fixing Scheme Mahwah Generic Drug Maker Among 20 Companies, 16 Individuals Accused In Price-Fixing Scheme
Mahwah Generic Drug Maker Among 20 Companies, 16 Individuals Accused In Price-Fixing Scheme A Mahwah-based generic drug manufacturer was among 20 companies accused of participating in what authorities called “one of the most egregious and damaging price-fixing conspiracies in the history of the United States.”  A complaint filed by the 44 states in U.S. District Court in Connecticut also accuses 16 individuals of participating in the scheme. More than half of the drug companies and five of the individual defendants – all of whom are drug company executives responsible for sales, marketing, pricing and operations -- are from New Jersey. They include Glenmark Pharmaceuticals I…
Recall Alert: Pharma Company Pulls Infant Ibuprofen From CVS, Walmart, Family Dollar Recall Alert: Pharma Company Pulls Infant Ibuprofen From CVS, Walmart, Family Dollar
Recall Alert: Pharma Company Pulls Infant Ibuprofen From CVS, Walmart, Family Dollar Tris Pharma, Inc. has voluntarily recalled a popular infant’s Ibuprofen product that is being sold at Walmart, CVS and Family Dollar. The recalled lots from the three stores include Infants' Ibuprofen Concentrated Oral Suspension, USP (NSAID) 50 mg per 1.25 mL, to the retail level. The recalled products have been found to potentially have higher concentrations of ibuprofen. According to the company, there is a “remote possibility that infants, who may be more susceptible to a higher potency level of drug, and therefore may be more vulnerable to permanent NSAID-associated renal injury.” Adv…
Nearly 200K Birth Control Pills Recalled Nearly 200K Birth Control Pills Recalled
Nearly 200K Birth Control Pills Recalled Nearly 200,000 sample packs of birth Allergan birth control pills have been recalled after placebos were placed out of order, which could lead to an unexpected pregnancy. Officials announced this week that the company is recalling almost 170,000 pills after active capsules and placebos were placed out of order, causing a potential risk to those using the sample packs. The packs are marked as Taytullla Softgel Capsules with the lot number 5620706 and have a May 2019 expiration date. The company issued its national recall after a doctor reported a sample pack containing the first four days o…
Fox News Personality, Well-Known Podiatrist, Joins Westmed Medical Group Fox News Personality, Well-Known Podiatrist, Joins Westmed Medical Group
Fox News Personality, Well-Known Podiatrist, Joins Westmed Medical Group Kelly Powers, M.D., a podiatrist and podiatric surgeon who's also a well known national television news commentator, has joined Westmed Medical Group. Dr. Powers will work out of the Purchase and Yonkers Ridge Hill offices. Most recently, she was in private practice in Greenwich, Conn, with surgical privileges at Stamford Hospital. Dr. Powers is a graduate of the New York College of Podiatric Medicine and completed her general surgery internship as part of her podiatric surgery residency at Boston University Medical Center, followed by a fellowship at Georgetown University Hospital in the …