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...“They can go to [the] website, they can get the information they need, they can be linked to a prescriber and then a pharmacy, and do all those things independent of a primary care provider.”...
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...GIC took a 25 per cent stake in CitizenM five years ago in a deal that valued the business at €2bn including debt....
...A long-awaited approval decision on Moderna’s second commercial product after its Covid-19 jab has been delayed by several weeks, the US biotech said on Friday....
...The first mental health treatment using schedule-1 drug MDMA faces a significant regulatory hurdle as the US Food and Drug Administration is poised to ask outside experts to scrutinise the treatment for...
...“With a fairly small investment and minimal risk, Pfizer can open up this channel and then all of a sudden it has a way to interact with patients directly,” said Timothy Calkins, a marketing professor at...
...Novavax’s US-listed shares were trading at $10.31 before the New York open, a rise of more than 130 per cent, giving it a market value of about $1.4bn....
...The vaccine maker has undertaken a $1.1bn cost-cutting drive in the past year to stave off a possible bankruptcy and has faced pressure from an activist investor for a board shake-up....
...Cybin will also initiate its late-stage trial looking at a psilocybin analogue as a treatment for major depressive disorder....
...UnitedHeath’s chief executive has told a US Senate committee that he is “deeply sorry” for the impact of a massive cyberattack that continues to roil the company’s Change Healthcare division....
...The antitrust regulator wrote to 10 pharmaceutical manufacturers to inform them the agency had disputed their patents with the Food and Drug Administration, giving the companies a 30-day window to respond...
...Eli Lilly last week announced a deal to buy a Wisconsin-based production facility for filling its injectable pens from Nexus Pharmaceuticals....
...The first bankruptcy case was dismissed for a similar reason. J&J announced plans for a third attempt at a bankruptcy process last October....
...Joe Biden’s administration is planning to reclassify cannabis as a less harmful drug with a smaller legal penalty, in a historic shift for US drug policy, said people familiar with the matter....
...The health insurer said it recorded a net loss of around $1.53 a share in the three months to the end of March, compared with a profit of $5.95 a share during the same period last year....
...J&J is seeking a “pre-packaged” bankruptcy, allowing the company to expedite the Chapter 11 process if 75 per cent of plaintiffs back the move....
...Biogen posted higher than expected profits in the first quarter as a $1bn cost-cutting drive began to pay off, but sales of its novel Alzheimer’s drug Leqembi lagged behind expectations....
...Bradway added that the company was actively planning a late-stage trial for the drug, and was working to ramp up manufacturing capacity....
...“This is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at...
...Tirzepatide is part of a new class of weight-loss drugs, known as GLP-1s, which includes Novo Nordisk’s Wegovy and Ozempic drugs, that are projected to expand to a $100bn market by the end of the decade,...
...Pfizer is gearing up to launch its first-ever gene therapy at a list price of $3.5mn, after US regulators approved the treatment for a rare blood clotting disorder on Friday....
...Joaquin Duato, J&J’s chief executive, said the acquisition “provides a unique opportunity to accelerate our impact in cardiovascular intervention”....
...Eli Lilly’s weight-loss drug tirzepatide significantly reduced sleep apnoea problems in a late-stage clinical trial, the pharmaceutical group said on Wednesday, adding to evidence that could encourage more...
...A US senate committee chaired by Bernie Sanders has launched an investigation into the steep prices charged by Novo Nordisk for its blockbuster diabetes and anti-obesity medications Ozempic and Wegovy....
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