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China forces insulin price cuts resulting in pullback for global pharma players

Xinhua, a Chinese news channel, commented on the price cut on insulin which was brought on by China’s volume-based procurement (VBP) program....

Aussie pharma CSL in talks to buy Swiss firm Vifor Pharma for USD 7B

CSL, the Australian giant, is in talks to buy Vifor Pharma in a deal that is valued at $7B, or A$10B. Vifor...

Sanofi to acquire Origimm Biotechnology in a bid to expand vaccine pipeline

Sanofi will acquire Origimm Biotechnology as per an agreement signed by the two healthcare companies. The deal is expected to be finalized...

Is Biogen’s Alzheimer’s drug worth $56K? Experts say $8400 and raise questions about efficacy

Aduhelm, Biogen’s new drug for Alzheimer’s disease, which was approved by FDA contentiously last month, continues to face criticism since then.

AstraZeneca and FibroGen hit FDA committee’s safety data firewall for roxadustat

Two roxadustat partners AstraZeneca and FibroGen have received objections regarding safety concerns of their drug from the FDA after which the two companies

NRx Pharmaceuticals signs deal for clinical trials of Israel’s homegrown Covid-19 vaccine

Israel Institute for Biological Research (IIBR), an institute run by Israel’s Defense Ministry, has signed a memorandum of understanding (MoU) with the NRx Pharmaceuticals

Pharma manufacturers lawsuits against payers and benefit managers preferred drugs are on FTC’s radar

The attention of federal antitrust regulators has been drawn to a slew of lawsuits filed by pharmaceutical companies, challenging the “preferred” medicine list of payers and benefit managers.

Roche to lay off 300 to 400 employees in product development jobs

Roche’s executives, including CMO (Chief Medical Officer) Levi Garraway, claimed in a recorded video conference with staff acquired by Swiss Newspaper Blick

Latest news

Gilead and AI Drug Discovery Company Genesis Sign $35 Million Partnership

Genesis Therapeutics’ AI drug discovery platform, GEMS, has gained popularity and now attracted the attention of Gilead Sciences with...

Brightflow SAS Nabs $18M For Heart Failure Solution

Brightflow SAS, a privately owned company at the forefront in the area of long-term percutaneous mechanical circulatory assistance for...

Viridian Drug Successfully Meets Study Objectives as Treatment for Thyroid Eye Disease

Viridian announced that veligrotug, its potential thyroid eye disease (TED) drug, recorded impressive results in managing TED during...

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Surrounded by controversy, FDA approves Biogen’s Alzheimer’s drug Aduhelm

In the middle of the debate about the Alzheimer’s drug approval, the United States FDA has authorized Aduhelm

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$3.3B takeover agreed between buyer GSK and Affinivax

GlaxoSmithKline (GSK) reached a deal to purchase...

Noah Medical makes revolutionary foray into lung cancer treatment

Despite a promising outlook in terms of...

Pfizer to cough up $345 million to resolve lawsuits over EpiPen price hikes.

Pfizer along with its two subsidiaries ̶ Maryland-based Meridian Medical Technologies and Tennessee-based King Pharmaceuticals