Drug sales hit as people skip doctor visits during Covid-19 crisis

Teva USA says it intends to fight the allegations made in complaint by 44 US states

Generics unit Sandoz is producing cheaper biosimilar copies in hopes of capturing sales

Joe Jimenez to retire in February after eight years at the helm

But savings from lower-cost copies depend on doctor education, healthcare provider strategies

Company says that fourth-quarter core net income fell 5 per cent to $2.707bn

Pharma group chairman told investors he may sweeten the company’s offer for Irish headquartered company by adding terms to reduce the risk to its shareholders

Income for core businesses climbed 9 per cent in the quarter to $3.65 billion

Inquiry into pricing practices at 60 domestic and foreign drugmakers