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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...WPP’s Ogilvy advertising agency is creating a division specialising in online “health influencers” to help pharmaceutical companies tap a trend towards personalised health and combat misinformation....
April 23, 2024
Executive Pay
AstraZeneca’s Soriot ‘massively underpaid’ at £16.9mn, says top shareholder
...Soriot is already among the highest-paid bosses in the FTSE with a £16.9mn deal in 2023 and takes home more than the chiefs of European pharmaceutical rivals....
April 9, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Novo Nordisk AS
Novo Nordisk chief seeks more deals to cement weight-loss lead amid ‘hype’
...Fruergaard Jorgensen also said that Novo Nordisk’s efforts to develop some of its oral drugs would require much more active pharmaceutical ingredient than injectables....
March 8, 2024
Pharmaceuticals sector
Lab monkey prices plunge in China as drug research slows
...Lab monkey prices in China have plummeted as a post-pandemic slowdown in drug development ripples through the pharmaceutical sector in the world’s second-largest economy....
March 1, 2024
AstraZeneca PLC
AstraZeneca strikes $2.4bn deal for radiotherapy biotech Fusion
...AstraZeneca has acquired oncology biotech Fusion Pharmaceuticals for $2.4bn to build its expertise and challenge Swiss company Novartis in the developing field of a more targeted form of radiotherapy....
March 19, 2024
News updates from December 1: S&P 500 closes at 20-month high and gold hits record despite rate cut pushback from Powell, Israel resumes fighting against Hamas
Ireland officially enters recession as pharmaceutical exports drop
...Ireland’s economy has officially entered recession after contracting by 1.9 per cent in the third quarter, pushed lower by a drop in pharmaceutical exports....
December 1, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Jayasree K Iyer
There are far too many avoidable deaths in childbirth
...Pharmaceutical companies also have a key role to play in providing affordable access to these essential products. The global industry’s response to date has been inadequate and fragmented....
January 17, 2024
National Health Service
NHS agrees new drug sales deal with global pharmaceutical groups
...The Association of the British Pharmaceutical Industry, the drugmakers’ trade body, said it supported “this tough deal” even though the agreement would continue to restrict pharmaceutical companies’ sales...
November 20, 2023
Transcript
Transcript: Ozempic’s unconventional origins
...This is an audio transcript of the Behind the Money podcast episode: ‘Ozempic’s unconventional origins’ Michela Tindera It’s November, and the FT’s global pharmaceutical editor Hannah Kuchler is in Copenhagen...
January 10, 2024
Roche Holding AG
Roche to buy Carmot for up to $3.1bn as race for obesity drugs intensifies
...GLP-1s now underpin a weight loss drug, Wegovy, developed by pharmaceutical group Novo Nordisk....
December 4, 2023
Pharmaceuticals sector
Pharma groups warn of supply crunch over China spying law
...This has led to western pharmaceutical regulators struggling to enforce oversight of Chinese manufacturers....
April 21, 2024
Antibiotic resistance
EU approves new antibiotic to tackle rise of superbugs
...Emblaveo, marketed in Europe by US pharmaceutical company Pfizer, combines two existing medicines to tackle so-called Gram-negative bacteria that are among the leading drug-resistance threats....
April 22, 2024
Chinese politics & policy
China’s Communist party watchdog warns business of graft crackdown
...communique issued on Wednesday, the party’s deeply feared internal watchdog, the Central Commission for Discipline Inspection, said it would prioritise investigation into the finance, agricultural and pharmaceutical...
January 10, 2024
Biotech
UK biotech signs $1bn deal to develop liver disease drugs
...It is a similar milestone-based structure to many partnerships in the pharmaceutical industry....
April 22, 2024
InterviewBristol-Myers Squibb Co
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
...If enacted, the bill will have far-reaching consequences for the US pharmaceutical industry....
April 25, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...So effective is Vertex Pharmaceuticals’ blockbuster cystic fibrosis (CF) drug, Trikafta, that studies project it could extend the lives of some young patients by up to 45 years....
April 26, 2024
Drug prices
Pharmaceutical industry close to deal with UK on drug pricing, says Novartis
...The pharmaceutical industry is close to agreeing a deal with the UK government over drug pricing, according to the chief financial officer of Swiss drugmaker Novartis....
October 24, 2023
Anna-Maria Volkmann
The ‘gender health gap’ shortens lives and costs billions
...Over the decades, studies have repeatedly shown these gender disparities persisting: men are more likely to be prescribed painkillers while women have to make do with psycho-pharmaceutical interventions....
April 24, 2024
LexMergers & Acquisitions
Eli Lilly: Point acquisition gives battered biotech sector a boost Premium content
...Cheaper valuations have finally drawn cash-rich pharmaceutical makers back to biotechs. Their aim, as always, is to replenish their drug pipelines affordably. Relief is sorely needed....
October 3, 2023
LexBayer AG
‘Broken’ Bayer needs bolder action Premium content
...It needs further deals to replenish its pharmaceuticals pipeline....
March 7, 2024
AstraZeneca PLC
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
...The UK-based pharmaceutical group reported revenue of $12.7bn for the first quarter of 2024, an increase of 19 per cent, well ahead of consensus estimates of $11.9bn....
April 25, 2024
Eli Lilly & Co
Eli Lilly weight-loss drug found to address sleep apnoea in trial
...the first pharmaceutical treatment for the underlying disease,” said Emmick....
April 17, 2024
LexPharmaceuticals sector
Bayer’s break-up looks inevitable Premium content
...The former Roche pharmaceuticals boss took on one of the most unenviable jobs in corporate Europe last June....
February 28, 2024
Ellen 't Hoen
Sharing trade secrets is key to the pandemic agreements
...Pharmaceutical products such as medicines, vaccines and diagnostics can be protected by several types of intellectual property, including patents and trade secrets....
September 25, 2023
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...A Humira biosimilar from Teva Pharmaceuticals working with Alvotech earlier this year became the first drug that the US Food and Drug Administration granted interchangeable status, which lets pharmacists...
April 25, 2024

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