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Merck Plans Major Workforce Expansion in India to Boost Operations

Merck Plans Major Workforce Expansion in India to Boost Operations

2025-02-27

Merck, 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.

Merck Anticipates Keytruda Will Be Included in Government Price Setting by 2026

Merck Anticipates Keytruda Will Be Included in Government Price Setting by 2026

2025-02-26

Merck 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.

Eli Lilly Launches Higher Dose Zepbound Vials at $150 Discount to Boost Demand

Eli Lilly Launches Higher Dose Zepbound Vials at $150 Discount to Boost Demand

2025-02-26

Eli Lilly has officially launched higher dose vials of its weight-loss drug Zepbound, priced $150 less than the existing auto-injector pen versions.

Drug Compounders File Lawsuit Against FDA Over Wegovy and Ozempic Shortage List Removal

Drug Compounders File Lawsuit Against FDA Over Wegovy and Ozempic Shortage List Removal

2025-02-26

In 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.

Gilead's Seladelpar Gains Conditional EU Approval for PBC Treatment Following Iqirvo's Success

Gilead's Seladelpar Gains Conditional EU Approval for PBC Treatment Following Iqirvo's Success

2025-02-25

Gilead 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

PPG Reports 2024 Sales Decline to USD 15.845 Billion Amidst Market Challenges and Strategic Restructuring

PPG Reports 2024 Sales Decline to USD 15.845 Billion Amidst Market Challenges and Strategic Restructuring

2025-02-25

PPG 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.

BettaPharma Appoints Dr. Mao Li as New Chief R&D Officer and CMO to Drive Innovation

BettaPharma Appoints Dr. Mao Li as New Chief R&D Officer and CMO to Drive Innovation

2025-02-25

On 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.

Pfizer Welcomes Back Former FDA Leader Patrizia Cavazzoni as CMO and EVP to Drive Drug Development

Pfizer Welcomes Back Former FDA Leader Patrizia Cavazzoni as CMO and EVP to Drive Drug Development

2025-02-25

On February 24, Pfizer announced that former FDA drug chief Patrizia Cavazzoni is rejoining the company as Chief Medical Officer and Executive Vice President.

Boehringer Ingelheim Appoints Brian Hilberdink as President of Human Pharma to Drive Growth

Boehringer Ingelheim Appoints Brian Hilberdink as President of Human Pharma to Drive Growth

2025-02-24

On February 20, Boehringer Ingelheim announced the appointment of Brian Hilberdink as the new President of its Human Pharma division in the United States.

AstraZeneca Acquires $160 Million Chinese Business from FibroGen to Expand Market Presence

AstraZeneca Acquires $160 Million Chinese Business from FibroGen to Expand Market Presence

2025-02-24

On February 20, AstraZeneca announced its agreement to acquire the Chinese operations of FibroGen for approximately $160 million.

Ascletis Pharma's ASC30 Surge with 3 Key Factors Driving a Potential $1 Billion Weight Loss Breakthrough

Ascletis Pharma's ASC30 Surge with 3 Key Factors Driving a Potential $1 Billion Weight Loss Breakthrough

2025-02-24

Recently, Ascletis Pharma has experienced a significant stock surge following the disclosure of promising Phase Ib clinical data for its weight loss drug ASC30.

Exciting Advances in Breast Cancer Treatment with New Drugs and Technologies

Exciting Advances in Breast Cancer Treatment with New Drugs and Technologies

2025-02-21

On 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).

Over 2000 Employees Fired Overnight as Trump Administration Restructures Health Agencies

Over 2000 Employees Fired Overnight as Trump Administration Restructures Health Agencies

2025-02-20

Trump 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).

Urgent Developments as US FDA Faces Scrutiny Over New Drug Approvals

Urgent Developments as US FDA Faces Scrutiny Over New Drug Approvals

2025-02-20

The 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.

Urgent Concerns as 9 US Patients Report Eye Complications from GLP-1RA Medications

Urgent Concerns as 9 US Patients Report Eye Complications from GLP-1RA Medications

2025-02-20

Recent 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.

Abbott's Leadership Change Amidst 6.5% Revenue Decline Sparks Questions on Future Strategy

Abbott's Leadership Change Amidst 6.5% Revenue Decline Sparks Questions on Future Strategy

2025-02-19

Abbott 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.

AstraZeneca Claims CEO Pay Should Not Be Compared to FTSE 100 Peers Amidst Controversy

AstraZeneca Claims CEO Pay Should Not Be Compared to FTSE 100 Peers Amidst Controversy

2025-02-19

AstraZeneca has stirred discussion by asserting that its CEO's compensation should not be benchmarked against FTSE 100 companies.

NPPA Orders Pharma Firms to Revise Prices After 36 Duty Exemptions

NPPA Orders Pharma Firms to Revise Prices After 36 Duty Exemptions

2025-02-19

The 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.

Dupixent Receives Priority Review for Bullous Pemphigoid with PDUFA Date Set for June 2025

Dupixent Receives Priority Review for Bullous Pemphigoid with PDUFA Date Set for June 2025

2025-02-18

Sanofi 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.

GSK Launches 5-in-1 Meningococcal Vaccine Eyeing $1.1 Billion Sales by 2030

GSK Launches 5-in-1 Meningococcal Vaccine Eyeing $1.1 Billion Sales by 2030

2025-02-18

GSK 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).

  • Pharmaceutical Industry Overview

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    Published in: Aug. 2024

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