Denver will become the first U.S. city to decriminalise the use of psilocybin, the psychedelic substance in ‘magic mushrooms.’ Photograph: AP Photo/Richard Vogel

Voters in Denver, a city at the forefront of the widening national debate over legalising marijuana, have become the first in the nation to effectivel(...)

Nostrum raised the price of a 473ml bottle of promethazine and codeine by 326 per cent to $170.55   at the end of April. Photograph: Dr John Brackenbury/Science Photo Library

A US pharma company has raised the price of a prescription cold medicine by more than 300 per cent to over $170 (€152), in spite of previous criticism(...)

Cannabis plants being cultivated legally in a greenhouse in Switzerland. Photograph: Fabrice Coffrini/AFP/Getty Images

Remember what Gordon Gekko said in the film Wall Street? “Weed, for lack of a better word, is good. Weed is right. weed works.” Okay, that’s not so mu(...)

Britain’s prime minister Theresa May in the House of Commons on Wednesday. Photograph: Reuters

Irish shares and the wider European market advanced on Wednesday as investors bet UK parliamentarians would reject a chaotic no-deal Brexit some 24 ho(...)

Photograph: Thomas White/Reuters

Allergan shares fell in late trading after saying its fast-acting depression drug failed to show an improvement in symptoms beyond the placebo effect (...)

Strong results from Glenveagh Properties and comments from the home-maker that it got off to a “fast start” this year on the sales front lifted its stock 1.5 per cent

The Iseq index of Irish shares dipped on Wednesday as the market took a breather following a 17 per cent rally since late December, and investors gave(...)

Richard Pops, chairman and chief executive officer of Alkermes. Photograph: Patrick  Fallon/Bloomberg

Irish drug group Alkermes has reported a 15 per cent rise in revenues for the fourth quarter. Sales jumped to $315.8 million in the fourth quarter. T(...)

Gatorade has  created a patch that it claims will let you know you’re dehydrated by simply looking at it.

Someday soon, perhaps within a year, you’ll be able to slap a soft, stretchy patch on to your arm that tells you if you’re dehydrated. Or that your el(...)

Federal workers and contractors rally against the partial federal government shutdown. Photograph: Chip Somodevilla/Getty Images

Arriving back to Washington DC last weekend, the queues in Dulles Airport were longer than usual. The capital’s main international airport seemed to (...)

Loxo is developing cancer treatments that target a tumors’ genetic markers regardless of where in the body they’re located

US pharma giant Eli Lilly is to buy Loxo Oncology for about $8 billion (€7 billion) in cash, the second multibillion-dollar cancer deal of the year by(...)

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