
Pharma News
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Merck Plans Major Workforce Expansion in India to Boost Operations
2025-02-27Merck, known as MSD outside the U.S. and Canada, is set to significantly expand its workforce in India, with plans to increase employee numbers from approximately 1,800 to around 2,700 by the end of this year.
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Merck Anticipates Keytruda Will Be Included in Government Price Setting by 2026
2025-02-26Merck has announced that it expects its leading cancer therapy, Keytruda, to be part of the government price setting initiative in 2026, with the new pricing structure set to take effect on January 1, 2028.
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Eli Lilly Launches Higher Dose Zepbound Vials at $150 Discount to Boost Demand
2025-02-26Eli Lilly has officially launched higher dose vials of its weight-loss drug Zepbound, priced $150 less than the existing auto-injector pen versions.
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Drug Compounders File Lawsuit Against FDA Over Wegovy and Ozempic Shortage List Removal
2025-02-26In a significant legal challenge, drug compounders have sued the U.S. Food and Drug Administration (FDA) over its recent decision to remove Wegovy and Ozempic from the official shortage list.
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Gilead's Seladelpar Gains Conditional EU Approval for PBC Treatment Following Iqirvo's Success
2025-02-25Gilead Sciences has announced that the European Commission (EC) has granted conditional approval for seladelpar, used in conjunction with ursodeoxycholic acid (UDCA), for the treatment of patients with primary biliary cholangitis (PBC) who do not respond
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PPG Reports 2024 Sales Decline to USD 15.845 Billion Amidst Market Challenges and Strategic Restructuring
2025-02-25PPG Industries recently disclosed its 2024 annual report, revealing a net sales total of approximately USD 15.845 billion, marking a 2% decline from the previous year.
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BettaPharma Appoints Dr. Mao Li as New Chief R&D Officer and CMO to Drive Innovation
2025-02-25On February 24, BettaPharma announced the appointment of Dr. Mao Li as the new Chief R&D Officer and Chief Medical Officer. His responsibilities will include overseeing the company's new drug development and clinical research departments.
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Pfizer Welcomes Back Former FDA Leader Patrizia Cavazzoni as CMO and EVP to Drive Drug Development
2025-02-25On February 24, Pfizer announced that former FDA drug chief Patrizia Cavazzoni is rejoining the company as Chief Medical Officer and Executive Vice President.
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Boehringer Ingelheim Appoints Brian Hilberdink as President of Human Pharma to Drive Growth
2025-02-24On February 20, Boehringer Ingelheim announced the appointment of Brian Hilberdink as the new President of its Human Pharma division in the United States.
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AstraZeneca Acquires $160 Million Chinese Business from FibroGen to Expand Market Presence
2025-02-24On February 20, AstraZeneca announced its agreement to acquire the Chinese operations of FibroGen for approximately $160 million.
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Ascletis Pharma's ASC30 Surge with 3 Key Factors Driving a Potential $1 Billion Weight Loss Breakthrough
2025-02-24Recently, Ascletis Pharma has experienced a significant stock surge following the disclosure of promising Phase Ib clinical data for its weight loss drug ASC30.
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Exciting Advances in Breast Cancer Treatment with New Drugs and Technologies
2025-02-21On February 19, Hansai Aitai announced that its second phase clinical trial for HX009, in combination with the HER2-targeted antibody-drug conjugate trastuzumab deruxtecan, has been approved by China's National Medical Products Administration (NMPA).
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Over 2000 Employees Fired Overnight as Trump Administration Restructures Health Agencies
2025-02-20Trump administration initiated a sweeping layoff affecting more than 2000 employees in key health agencies, including the National Institutes of Health (NIH), Centers for Disease Control and Prevention (CDC), and the Food and Drug Administration (FDA).
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Urgent Developments as US FDA Faces Scrutiny Over New Drug Approvals
2025-02-20The U.S. Food and Drug Administration (FDA) is under increasing scrutiny following the recent approval of several new drugs, raising concerns regarding their safety and efficacy.
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Urgent Concerns as 9 US Patients Report Eye Complications from GLP-1RA Medications
2025-02-20Recent findings published in the JAMA Ophthalmology have raised alarms after nine U.S. patients experienced eye complications following the use of GLP-1 receptor agonists like Novo Nordisk’s Ozempic and Eli Lilly’s Mounjaro.
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Abbott's Leadership Change Amidst 6.5% Revenue Decline Sparks Questions on Future Strategy
2025-02-19Abbott Laboratories has recently announced a significant leadership change within its China diagnostics division. Fanny Chen, the long-serving president, is retiring after over 23 years with the company.
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AstraZeneca Claims CEO Pay Should Not Be Compared to FTSE 100 Peers Amidst Controversy
2025-02-19AstraZeneca has stirred discussion by asserting that its CEO's compensation should not be benchmarked against FTSE 100 companies.
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NPPA Orders Pharma Firms to Revise Prices After 36 Duty Exemptions
2025-02-19The National Pharmaceutical Pricing Authority (NPPA) has mandated that pharmaceutical companies revise the Maximum Retail Price (MRP) of certain medicines following the recent customs duty exemptions announced in the Union Budget 2025.
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Dupixent Receives Priority Review for Bullous Pemphigoid with PDUFA Date Set for June 2025
2025-02-18Sanofi and Regeneron announced that the FDA has accepted the supplemental biologics license application (sBLA) for Dupixent (dupilumab) to treat Bullous Pemphigoid (BP) in adults, granting it priority review status.
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GSK Launches 5-in-1 Meningococcal Vaccine Eyeing $1.1 Billion Sales by 2030
2025-02-18GSK is stepping into the spotlight with its newly approved 5-in-1 meningococcal vaccine, named Penmenvy, aimed at protecting individuals aged 10 to 25 against five major serogroups responsible for invasive meningococcal disease (IMD).
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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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