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...After the latter was bought by Swiss pharmaceutical group Roche in 2009, he rose through the ranks, becoming Genentech’s chief executive in 2017 and Roche’s head of pharma two years later....
...It already made its diagnostics products in the country but had “limited manufacturing for pharma”, he added....
...But Chiarello said the package “was not attractive enough” owing to the limited number of drugs to which it applied....
...Communications group LoopUp and biotech business Redx Pharma are among the companies that have cited liquidity constraints as reasons for cancelling their Aim listings in recent weeks....
...Under the proposed reforms, Medicare, the US taxpayer-funded healthcare scheme for retirees, would be allowed to negotiate prices for a limited number of branded medicines....
...“Big Pharma endorsing Amazon as a distribution partner bolsters Amazon’s role in healthcare and could be the start of many more of these arrangements.”...
...The deal between Amazon Pharmacy and Eli Lilly, the world’s largest drugmaker by market value, will allow Amazon to dispense medicines including the pharma group’s popular weight-loss injection pen....
...Lex this week opined on three separate pharma outliers praying for rescues from their “lab rats” — as medical researchers sometimes call themselves....
...The UK prime minister will take advice from chief executives of companies ranging from ScottishPower, the energy supplier, and Lloyds Banking Group, to high street food store Greggs and pharma company OMass...
...The company said on Monday that the drug would be introduced to the UK “through a controlled and limited launch”....
...Its specific funding demands are limited and it will not contain a mechanism to hold countries accountable for breaching it....
...Rare diseases, once ignored, are now vitally important to the pharma sector. Financial incentives have transformed the economics of niche treatments....
...For several years, investors have been concerned about the relative weakness of the group’s drug development pipeline compared with its peers in big pharma....
...Haleon, the consumer products business spun out of UK pharma group GSK, is clearing its cache. It will offload ChapStick to private equity for $430mn....
...State-owned Hidroelectrica’s $2bn IPO in Bucharest in July — Europe’s biggest since Porsche in September 2022 — beat out German drugmaker Schott Pharma and Italian gambling group Lottomatica, which raised...
...Nathalie Moll, director-general of lobby group EFPIA, said the law puts a “straitjacket on European science, research and development”....
...The same complaints can be heard across the innovation industries, including medtech and pharma....
...Regulators have taken notice after a study sparked fresh doubts over the usefulness of a Covid drug made by US pharma group Merck, raising questions about the costly procurement of antivirals during the...
...Need to know: UK and Europe economy UK chancellor Jeremy Hunt’s hopes of offering big pre-election tax cuts have hit a snag: internal Treasury forecasts suggest he will have only limited scope for giveaways...
...And the case highlights a growing source of worry among environmental and health watchdogs, regulators, and pharma groups themselves: that one of the sources of antibiotic resistance around the world is...
...Ninety-five per cent of members said they expected to develop fewer new uses for medicines because of the limited time available before government price setting occurs....
...There is limited data to track shortages in lower- and middle-income countries. But they are unable to compete on price with richer nations....
...That limited the downside but also constrained mPharma since, to avoid any conflicts of interest, it would not be able to provide medicines itself....
...Yet despite a 2014 partnership with US pharma company AbbVie, extended in 2021, Calico has yet to bring any drugs to the market....
...Pfizer’s chief executive Albert Bourla said the pharma group was “deploying its financial resources to advance the battle against cancer”....
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