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Pfizer Faces Price Cuts of 85% to 95%

Pfizer Faces Price Cuts of 85% to 95%

2024-10-22

In its final analysis of Pfizer Inc. 's widely used drug for transthyroid amyloid cardiomyopathy (ATRCM), the U.S. drug cost regulator called for a reduction of at least 85 percent from its current list price of nearly $268,000 a year to meet generally ac

Behind the Approval of Astellas' Drug: New Gastric Cancer Treatment Vyloy Achieves First Milestone!

Behind the Approval of Astellas' Drug: New Gastric Cancer Treatment Vyloy Achieves First Milestone!

2024-10-21

After previous rejections, Astellas reached a milestone to celebrate over the weekend when its new stomach cancer treatment, Vyloy (zolbetuximab), received its first approval from the U.S. Food and Drug Administration (FDA).

Gilead Sciences Withdraws Trodelvy; Bladder Cancer Treatment Failure Results in $21 Billion Investment Down the Drain

Gilead Sciences Withdraws Trodelvy; Bladder Cancer Treatment Failure Results in $21 Billion Investment Down the Drain

2024-10-21

Following a disappointing confirmatory clinical trial, Gilead Sciences has officially decided to withdraw its product Trodelvy from the bladder cancer treatment market in the United States. The decision was announced Friday by the California-based biotech

Novo Nordisk's Drug Approved in Europe After FDA Rejection!

Novo Nordisk's Drug Approved in Europe After FDA Rejection!

2024-10-21

Last year, Novo Nordisk's new hemophilia treatment Concizumab won approval from the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) after being rejected by the US Food and Drug Administration (FDA). Meanwhile, PTC Therape

Obesity Action Coalition Partners with Eli Lilly to Expose Shocking Weight Bias in Healthcare and Media

Obesity Action Coalition Partners with Eli Lilly to Expose Shocking Weight Bias in Healthcare and Media

2024-10-21

Since 2021, the Obesity Action Coalition (OAC) has led a national public awareness campaign to combat weight bias and end the lifelong stigma that people with obesity suffer in multiple areas, including health care, employment, education and media coverag

Sanofi Considers Selling Stake in Opella, 50% Deal Shakes Market!

Sanofi Considers Selling Stake in Opella, 50% Deal Shakes Market!

2024-10-18

French pharmaceutical giant Sanofi has announced that it is in advanced talks with prominent US investment firm Clayton Dubilier & Rice (CD&R) to explore the possible sale of a 50% controlling stake in its consumer healthcare business Opella.

Merck's New Therapy Only Reduces Infant RSV Infections by 60.4%, Hospitalization Rate Decline of 84.2% Raises Safety Concerns

Merck's New Therapy Only Reduces Infant RSV Infections by 60.4%, Hospitalization Rate Decline of 84.2% Raises Safety Concerns

2024-10-18

Merck announced Thursday that its investigational antibody treatment, clesrovimab, demonstrated a 60.4 percent effectiveness in reducing infections associated with a specific type of respiratory syncytial virus (RSV) in infants.

Czech Government Designates Pharmaceutical Industry as Key Sector to Address Drug Shortages and Reduce Dependence on Non-EU Countries

Czech Government Designates Pharmaceutical Industry as Key Sector to Address Drug Shortages and Reduce Dependence on Non-EU Countries

2024-10-18

The Czech government has officially identified the pharmaceutical industry as a strategic industry in a move aimed at reducing dependence on non-EU imports, strengthening the national health system and preventing potential drug shortages.

EU Ban Triggers Crisis in Global Biopharmaceutical Industry: Battle for Triton™X-100 Alternatives Begins!

EU Ban Triggers Crisis in Global Biopharmaceutical Industry: Battle for Triton™X-100 Alternatives Begins!

2024-10-17

The European Union's ban on a chemical called Triton™X-100 has already had a profound impact on the biopharmaceutical manufacturing industry worldwide.

GSK's New Drug Gepotidacin Could Be the First Antibiotic for Urinary Tract Infections in 20 Years

GSK's New Drug Gepotidacin Could Be the First Antibiotic for Urinary Tract Infections in 20 Years

2024-10-17

On October 16, 2024, global pharmaceutical company GSK announced that the US Food and Drug Administration (FDA) has officially accepted their New Drug marketing application (NDA) for Gepotidacin and granted the drug priority review.

Merck Lowers Growth Expectations in China Market, Concerns Arise Over Drug Development Setbacks

Merck Lowers Growth Expectations in China Market, Concerns Arise Over Drug Development Setbacks

2024-10-17

German tech giant Merck has revised its medium-term growth targets for its life sciences and healthcare businesses, anticipating improved growth prospects in the Chinese market.

Novartis Faces Major Setback, $6 Billion Drug Market Under Threat

Novartis Faces Major Setback, $6 Billion Drug Market Under Threat

2024-10-17

Novartis is trying to do everything possible to keep a generic version of its blockbuster heart failure drug Entresto off the U.S. market. Despite numerous legal hurdles, the company has failed to gain regulatory approval.

TRIANA Biomedicines Partners with Pfizer in $49 Million Agreement to Co-Develop New Molecular Gel Degradant

TRIANA Biomedicines Partners with Pfizer in $49 Million Agreement to Co-Develop New Molecular Gel Degradant

2024-10-17

On October 15, 2024, TRIANA Biomedicines announced a major announcement that it has entered into a strategic collaboration and licensing agreement with world-renowned pharmaceutical giant Pfizer.

£279 Million Investment! The UK to Explore Utilizing Eli Lilly's Weight Loss Drug to Help Citizens Return to Work

£279 Million Investment! The UK to Explore Utilizing Eli Lilly's Weight Loss Drug to Help Citizens Return to Work

2024-10-16

The British government is planning a study to assess whether a new weight-loss drug from US pharmaceutical giant Eli Lilly can help people regain their ability to work and have a positive impact on tackling high rates of long-term disease.

The Global Impact of India's Pharmaceutical Industry: The Negative Truth Behind $219 Billion in Savings

The Global Impact of India's Pharmaceutical Industry: The Negative Truth Behind $219 Billion in Savings

2024-10-16

India's position as the world's third largest producer and core supplier of generic drugs plays a pivotal role in the global pharmaceutical sector and brings significant economic benefits to global healthcare systems, particularly in the United States.

Johnson & Johnson Raises Profit Expectations but Faces Dual Challenges from Hurricanes and Supply Shortages, Stock Price Rises 3%

Johnson & Johnson Raises Profit Expectations but Faces Dual Challenges from Hurricanes and Supply Shortages, Stock Price Rises 3%

2024-10-16

Johnson & Johnson raised its 2024 profit and sales forecast on Tuesday, following strong oncology drug sales and quarterly results that beat Wall Street expectations.

Bayer Applies for New Drug Nubeqa, 46% Risk Reduction Shocks Medical Community!

Bayer Applies for New Drug Nubeqa, 46% Risk Reduction Shocks Medical Community!

2024-10-15

Bayer AG (BAYGn.DE) announced on Monday that it has submitted an application to the European Union's drug regulator for approval of its product Nubeqa, also known as darolutamide, in combination with androgen deprivation therapy (ADT).

Bayer's New Product Expected to Reach Peak Sales of €500 Million

Bayer's New Product Expected to Reach Peak Sales of €500 Million

2024-10-15

At the 29th Brazilian Congress of Entomology (CBE 2024), Bayer officially launched its first ketoenol insecticide, Plenexos, marking an important breakthrough for the company in this field.

Vanda Pharmaceutical’s Stock Soars 11.37%! Rejects $800 Million Acquisition Offer from UK Company

Vanda Pharmaceutical’s Stock Soars 11.37%! Rejects $800 Million Acquisition Offer from UK Company

2024-10-15

In Monday's deal, Vanda Pharmaceutical Inc categorically rejected a second takeover proposal from Britain's Cycle Pharmaceuticals that valued the company at $8 per share.

WHO Receives $1 Billion Pledge, Tedros Warns

WHO Receives $1 Billion Pledge, Tedros Warns

2024-10-15

Director-General Tedros noted that the COVID-19 pandemic has highlighted the importance of health issues to global security and prosperity, so support and investment in WHO is critical.

  • 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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