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Merck Restructures in China Leading to Job Cuts Affecting Multiple Departments

Merck Restructures in China Leading to Job Cuts Affecting Multiple Departments

2025-03-18

Merck China has announced significant organizational changes, including the dissolution of its Diabetes Business Unit (DBU) and the establishment of a new Entrepreneurial Business Unit (EBU).

Novartis Targets $830 Million CSU Market with New Drug Developments

Novartis Targets $830 Million CSU Market with New Drug Developments

2025-03-17

Novartis has made significant strides in the chronic spontaneous urticaria (CSU) market, announcing a priority review application for its BTK inhibitor Remibrutinib and a $830 million deal to acquire Kyorin's clinical-stage MRGPRX2 antagonist.

Roche Secures $5.3 Billion Deal for New Weight Loss Drug Target Shaking Up Market

Roche Secures $5.3 Billion Deal for New Weight Loss Drug Target Shaking Up Market

2025-03-17

On March 12, Roche made headlines by announcing a groundbreaking partnership with Danish pharmaceutical company Zealand Pharma to develop and commercialize Petrelintide, an amylin analog.

Challenge to AstraZeneca's Cancer Drug as Synlogic's TY-9591 Outperforms Osimertinib

Challenge to AstraZeneca's Cancer Drug as Synlogic's TY-9591 Outperforms Osimertinib

2025-03-17

On March 9, Synlogic announced that its self-developed drug TY-9591 has successfully outperformed AstraZeneca's renowned lung cancer treatment, Osimertinib, in a pivotal Phase II clinical trial.

2024 Revolution in Atopic Dermatitis Treatments with $14.179 Billion Sales

2024 Revolution in Atopic Dermatitis Treatments with $14.179 Billion Sales

2025-03-14

Dupilumab has emerged as the "king of autoimmune drugs" with a staggering $14.179 billion in sales. Despite its approval for seven indications, its dominance is primarily rooted in atopic dermatitis (AD).

5 Key Updates on China's Fentanyl Control Amid US Tariffs

5 Key Updates on China's Fentanyl Control Amid US Tariffs

2025-03-14

A spokesperson from the Ministry of Public Security emphasized that China maintains one of the strictest drug control policies in the world.

Pfizer Appoints Dr. James List as New Chief Medical Officer for Internal Medicine

Pfizer Appoints Dr. James List as New Chief Medical Officer for Internal Medicine

2025-03-13

Pfizer announced the appointment of Dr. James List as its new Chief Medical Officer for Internal Medicine. In this pivotal role, Dr. List will oversee Pfizer's internal medicine portfolio, managing everything from early drug discovery to late-stage develo

Bayer CEO Bill Anderson Faces 21% Salary Cut to €8.84 Million Amid Restructuring

Bayer CEO Bill Anderson Faces 21% Salary Cut to €8.84 Million Amid Restructuring

2025-03-13

Bayer's CEO, Bill Anderson, has seen his total compensation drop to approximately €8.84 million ($9.6 million) for 2024, marking a 21% decrease compared to the previous year.

Bio-Thera Biopharma Faces Leadership Shakeup as VP Resigns with ¥2.1 Million Salary

Bio-Thera Biopharma Faces Leadership Shakeup as VP Resigns with ¥2.1 Million Salary

2025-03-13

Bio-Thera Biopharmaceutical Co., Ltd. announced that it has received a resignation letter from Liu Cuihua, a non-independent director and vice president, who has stepped down for personal reasons.

Eli Lilly CEO Sees 10% Pay Rise to $29.2 Million Amid Booming Drug Sales

Eli Lilly CEO Sees 10% Pay Rise to $29.2 Million Amid Booming Drug Sales

2025-03-13

On March 10, 2025, it was reported that Eli Lilly's CEO, David Ricks, has experienced a 10% increase in his total compensation for 2024, bringing his earnings to an impressive $29.2 million.

Canada Invests $5 Million in Plant-Based Seafood Company to Boost Manufacturing and Jobs

Canada Invests $5 Million in Plant-Based Seafood Company to Boost Manufacturing and Jobs

2025-03-12

The Canadian government has announced a $5 million investment in Konscious Foods, a plant-based seafood company based in British Columbia.

Japan Approves Transgenic Polyphenol Oxidase for Food Use in Revolutionary Odor Control

Japan Approves Transgenic Polyphenol Oxidase for Food Use in Revolutionary Odor Control

2025-03-12

On February 14, 2025, Japan's Consumer Affairs Agency announced the successful safety review of a transgenic polyphenol oxidase developed by Novozymes, a Danish biotechnology company.

Novo Nordisk's CagriSema Drug Trial Data Falls Short Again Shares Plunge by 8 Percent

Novo Nordisk's CagriSema Drug Trial Data Falls Short Again Shares Plunge by 8 Percent

2025-03-12

Novo Nordisk has experienced another setback as it released disappointing data from its late-stage trial for CagriSema, a new obesity treatment. On March 11, 2025, the company reported that the results from the REDEFINE 2 trial did not meet market expecta

Indian Pharma CDMOs Remain Resilient Amid Proposed US Tariffs of Up to 25 Percent

Indian Pharma CDMOs Remain Resilient Amid Proposed US Tariffs of Up to 25 Percent

2025-03-12

The Indian pharmaceutical sector, particularly Contract Development and Manufacturing Organizations (CDMOs), is poised to withstand the impact of proposed 10-25% tariffs from the United States, according to a recent report by B&K Securities.

Novo Nordisk's Next-Gen Diabetes Drug Shows 15.7% Weight Loss Yet Shares Plummet

Novo Nordisk's Next-Gen Diabetes Drug Shows 15.7% Weight Loss Yet Shares Plummet

2025-03-11

Novo Nordisk's latest trial results for its next-generation diabetes drug, CagriSema, have revealed a 15.7% weight loss in overweight or obese patients with type 2 diabetes after 68 weeks of treatment.

India and Armenia Sign Key MoU to Enhance Medical Product Regulation

India and Armenia Sign Key MoU to Enhance Medical Product Regulation

2025-03-11

On March 11, 2025, India and Armenia strengthened their bilateral ties by signing a significant Memorandum of Understanding (MoU) aimed at enhancing cooperation in the regulation of medical products.

Sun Pharma Acquires Checkpoint Therapeutics for $355 Million to Boost Onco-Dermatology Portfolio

Sun Pharma Acquires Checkpoint Therapeutics for $355 Million to Boost Onco-Dermatology Portfolio

2025-03-11

In a strategic move to enhance its onco-dermatology offerings, Sun Pharmaceutical Industries has announced its acquisition of Checkpoint Therapeutics for an impressive $355 million.

Pfizer and Moderna Engage in Patent Warfare Over COVID-19 Vaccines with Major Rulings

Pfizer and Moderna Engage in Patent Warfare Over COVID-19 Vaccines with Major Rulings

2025-03-07

In the ongoing global patent disputes surrounding COVID-19 vaccines, Pfizer and BioNTech scored a significant victory this week against rival Moderna as two crucial decisions were rendered in the United States and Germany.

Merck and Halozyme Locked in Heated Patent Battle Over Keytruda's Injectable Version

Merck and Halozyme Locked in Heated Patent Battle Over Keytruda's Injectable Version

2025-03-07

Merck & Co. and Halozyme are engaged in a fierce patent dispute regarding the injectable formulation of Keytruda, Merck's leading cancer drug.

ABVC BioPharma to Invest Over $120 Million in U.S. Facilities to Meet Unmet Medical Needs

ABVC BioPharma to Invest Over $120 Million in U.S. Facilities to Meet Unmet Medical Needs

2025-03-06

ABVC BioPharma, Inc. (NASDAQ: ABVC), a clinical-stage biopharmaceutical company, has announced plans to significantly boost its investment in U.S. operations, with over $100 million already invested since 2015.

  • Pharmaceutical Industry Overview

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    Published in: Aug. 2024

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