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Pfizer Plans to Sell Hospital Drug Division, 35% of Chinese Market to Change Hands

Pfizer Plans to Sell Hospital Drug Division, 35% of Chinese Market to Change Hands

2024-11-15

On November 12, Reuters reported that US pharmaceutical giant Pfizer plans to sell its hospital drugs unit and is currently working with Goldman Sachs to evaluate it.

Novartis Sues Eli Lilly for Infringing $1 Billion Drug Patent

Novartis Sues Eli Lilly for Infringing $1 Billion Drug Patent

2024-11-15

In an effort to protect the patent rights for radiation ligand therapy, Novartis has filed a lawsuit against Eli Lilly and its partner Lantheus, alleging infringement of the patent rights for the prostate cancer drug Pluvicto.

New Drug OLC Could Revolutionize CKD Treatment, Countdown to US FDA Approval!

New Drug OLC Could Revolutionize CKD Treatment, Countdown to US FDA Approval!

2024-11-13

Shilpa Medicare, a leading integrated pharmaceutical group, today announced its CDMO partner, Unicycive Therapeutics, Inc. Has successfully had the U.S. Food and Drug Administration (USFDA) accept a New Drug Application (NDA) for lanthanum oxycarbonate (O

Indian Pharmaceutical Market Grows 6.1% in October Against the Trend

Indian Pharmaceutical Market Grows 6.1% in October Against the Trend

2024-11-13

According to the latest market research data, the Indian pharmaceutical market achieved a sales growth of 6.1% in October despite a decline in overall sales. This growth figure was confirmed by Pharmarack, a heart and skin treatment company. "Most therapi

FDA Rejects Approval for Liver Disease Drug, Market Outlook Grim

FDA Rejects Approval for Liver Disease Drug, Market Outlook Grim

2024-11-13

The U.S. Food and Drug Administration (FDA) made an important decision on Tuesday, denying full approval of Intercept Pharmaceuticals' liver disease drug. The decision raises questions about the drug's future market prospects. Still, Intercept Pharmaceuti

Roche Invests $1.8 Billion to Explore New Cancer Treatments with Flare

Roche Invests $1.8 Billion to Explore New Cancer Treatments with Flare

2024-11-13

Flare Therapeutics has announced a major strategic discovery collaboration agreement with Roche, a leading global pharmaceutical company. The main goal of this collaboration is to jointly develop small molecule cancer therapies that target transcription f

Hengrui Medicine's Employee Stock Ownership Plan Expires, Hundreds May Miss Out on Millions in Profit

Hengrui Medicine's Employee Stock Ownership Plan Expires, Hundreds May Miss Out on Millions in Profit

2024-11-12

On November 6, 2024, A-share listed company Hengrui Pharmaceutical announced that the second lock-up period of the company's employee stock ownership plan implemented in 2022 will expire on November 7, 2024.

GlaxoSmithKline Exits BIO, Pharmaceutical Giants Are Pulling Out!

GlaxoSmithKline Exits BIO, Pharmaceutical Giants Are Pulling Out!

2024-11-12

In the recent period of time, according to the report of FIERCE Pharma, following Takeda, Pfizer, UCB, Wuxi Apptec and other well-known pharmaceutical companies have announced their withdrawal, another multinational pharmaceutical giant - GlaxoSmithKline

Trump Administration Challenges Drug Pricing, Sparking Legal Storm

Trump Administration Challenges Drug Pricing, Sparking Legal Storm

2024-11-11

With the conclusion of the November 5 election and the successful election of Mr. Donald Trump as President, the pharmaceutical industry is bracing itself for four years of uncertainty.

Chinese Scientists Reveal: 50% of Adults Obese, Dietary Patterns Trigger Health Crisis

Chinese Scientists Reveal: 50% of Adults Obese, Dietary Patterns Trigger Health Crisis

2024-11-11

Chinese scientists have proposed a regionally specific dietary pattern that they stress is essential to improve the eating habits of the country's population and an effective way to preserve natural and environmental resources amid the rising prevalence o

U.S. Department of Defense Funds 17 Biomanufacturing Projects with a Total of $26.9 Million

U.S. Department of Defense Funds 17 Biomanufacturing Projects with a Total of $26.9 Million

2024-11-08

BioMADE, a Biomanufacturing innovation institute initiated and founded by the U.S. Department of Defense, recently announced 17 selected projects with the goal of further promoting the scale development and commercialization of biomanufacturing products i

Abbott India Profit Soars by 56%!

Abbott India Profit Soars by 56%!

2024-11-08

Bangalore-based pharmaceutical giant Abbott India on Thursday released its second quarter financial results, showing significant profit growth. This increase was mainly driven by strong demand for its gastrointestinal and anti-infective drugs.

Trump's Policies Raise Concerns: Indian Pharmaceutical Exports Face High Tariffs, but Demand for Generic Drugs May Remain Strong

Trump's Policies Raise Concerns: Indian Pharmaceutical Exports Face High Tariffs, but Demand for Generic Drugs May Remain Strong

2024-11-08

Following the successful election of Donald Trump as the 47th President of the United States, India's life sciences and pharmaceutical industries are watching closely to see how the new administration's "America First" policies will affect US trade dynami

AstraZeneca China President Detained: Medical Insurance Fraud Investigation Triggers Stock Market Turmoil

AstraZeneca China President Detained: Medical Insurance Fraud Investigation Triggers Stock Market Turmoil

2024-11-07

AstraZeneca announced on Wednesday that its China chief, Leon Wang, had been detained by Chinese authorities. Although the specific reason for the detention is unclear, the company said it does not believe the incident is related to a major health insuran

Zealand Pharma Plans to Launch Phase 2b Trial for Obesity Treatment in 2024

Zealand Pharma Plans to Launch Phase 2b Trial for Obesity Treatment in 2024

2024-11-07

Danish biotech company Zealand Pharma announced in a statement on Thursday that they expect to initiate a phase 2b clinical trial of petrelintide, its candidate for the treatment of obesity, in the fourth quarter of 2024.

Novo Nordisk's 2024 Earnings Surge by 23%! Diabetes Drug Sales Skyrocket, but Facing Competition Pressure from Tirzepatide

Novo Nordisk's 2024 Earnings Surge by 23%! Diabetes Drug Sales Skyrocket, but Facing Competition Pressure from Tirzepatide

2024-11-07

On November 6, 2024, Novo Nordisk announced its financial results for the third quarter of 2024.

AstraZeneca Leadership Shake-Up: Leon Wang Out, Meng Yihua Takes Over, Major Changes to Company Ownership Structure!

AstraZeneca Leadership Shake-Up: Leon Wang Out, Meng Yihua Takes Over, Major Changes to Company Ownership Structure!

2024-11-07

According to the results of the National Enterprise Credit Information Disclosure System, Astrazeneca's legal representative, responsible person, chief representative and executive of partnership affairs have been changed.

Viking Weight Loss Drug Shocks Industry with 6.8% Weight Reduction in 28 Days

Viking Weight Loss Drug Shocks Industry with 6.8% Weight Reduction in 28 Days

2024-11-06

At Viking's ObesityWeek conference on Sunday, data from a study got a lot of attention. The early study, which included 92 participants, showed that those who took a 100 mg dose of Viking tablets lost an average of 6.8 percent of their body weight in just

AbbVie Splashes $1.4 Billion to Acquire Aliada, Blood-Brain Barrier Technology Becomes a Focus for Pharmaceutical Giants!

AbbVie Splashes $1.4 Billion to Acquire Aliada, Blood-Brain Barrier Technology Becomes a Focus for Pharmaceutical Giants!

2024-11-06

On October 28, 2024, AbbVie, the world's leading pharmaceutical company, announced a major transaction to acquire all outstanding shares of Aliada for $1.4 billion in cash.

Novo Nordisk's New Weight Loss Drug Achieves 25% Weight Reduction, Shocking the Market!

Novo Nordisk's New Weight Loss Drug Achieves 25% Weight Reduction, Shocking the Market!

2024-11-06

In order to maintain its leading position in the weight loss drug market, Novo Nordisk is currently actively developing a new GLP-1 drug called CagriSema, according to the latest media reports.

  • Pharmaceutical Industry Overview

    The magazine has been officially published in August 2024 and will be distributed at CPHI Korea 2024 and CPHI Milan 2024. It could be permanently available for download online. We sincerely invite you to join us in the publicity, making full use of the influence of the journal to promote your brand & products, expand your corporate influence in the global market.
    Published in: Aug. 2024

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