US health behemoths cater to fresh demand

US health behemoths cater to fresh demand

US giants like General Electric, GSK, Merck, and Johnson & Johnson are eyeing new projects in Vietnam’s health sector to tap into local growing healthcare spending, signaling heated competition ahead in the lucrative market.
Merck fined $950 mn over painkiller marketing

Merck fined $950 mn over painkiller marketing

Pharmaceutical giant Merck will pay nearly $1 billion to resolve criminal and civil charges for wrongfully marketing its former hit painkiller Vioxx, the US Department of Justice said.