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News in-depthBayer AG
Bill Anderson: the Texan wrestling with Bayer’s mountain of pain
...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....
March 8, 2024
IPOs
UK plan for private share trading could encourage firms to delist, says Globacap
...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....
April 10, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News updates from August 25: Powell addresses Jackson Hole, Instacart files for IPO
AstraZeneca joins pharma groups in suing US over drug price reforms
...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....
August 25, 2023
Eli Lilly & Co
Eli Lilly strikes drug dispensing deal with Amazon
...“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.”...
March 13, 2024
Amazon.com
Amazon hopes anti-obesity drug demand will boost pharmacy business
...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....
March 26, 2024
LexJonathan Guthrie
The Lex Newsletter: deus ex machina moments elevate tech and pharma Premium content
...Lex this week opined on three separate pharma outliers praying for rescues from their “lab rats” — as medical researchers sometimes call themselves....
August 25, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
UK politics
Sunak launches new business council as Labour woos corporate sector
...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...
January 31, 2024
Novo Nordisk AS
Weight-loss drug maker becomes Europe’s most valuable company
...The company said on Monday that the drug would be introduced to the UK “through a controlled and limited launch”....
September 4, 2023
The Big Read
The next pandemic is coming. Will we be ready?
...Its specific funding demands are limited and it will not contain a mechanism to hold countries accountable for breaching it....
April 4, 2024
LexPharmaceuticals sector
Orphan drugs: small markets, large rewards Premium content
...Rare diseases, once ignored, are now vitally important to the pharma sector. Financial incentives have transformed the economics of niche treatments....
August 28, 2023
Investments
Investors’ Chronicle: GSK, NWF, ITM Power
...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....
February 2, 2024
Lex PopuliPersonal Finance
Shedding small brands offers balm to corporate owners
...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....
February 2, 2024
Markets
The offbeat markets that offered bumper returns in 2023
...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...
December 28, 2023
Pharmaceuticals sector
EU aims to create ‘single market for medicines’ with overhaul of pharma rules
...Nathalie Moll, director-general of lobby group EFPIA, said the law puts a “straitjacket on European science, research and development”....
April 26, 2023
Britain after Brexit
Five ways to support business and innovation post-Brexit Premium content
...The same complaints can be heard across the innovation industries, including medtech and pharma....
February 29, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Coronavirus treatment
Covid antivirals lose spark as regulatory scrutiny increases
...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...
October 9, 2023
Disrupted Times
Boost for Biden as US inflation dips
...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...
January 26, 2024
Special ReportFT Health: Future of Antibiotics
Pollution from antibiotic factories highlighted as public health risk
...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...
May 24, 2023
The Big Read
The Biden administration takes on the US drugs industry
...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....
September 18, 2023
The Big Read
The world’s broken market for medicines
...There is limited data to track shortages in lower- and middle-income countries. But they are unable to compete on price with richer nations....
March 28, 2024
MBA
MBA case study: fixing pharma in Gabon
...That limited the downside but also constrained mPharma since, to avoid any conflicts of interest, it would not be able to provide medicines itself....
February 12, 2023
LexAgeing Populations
Longevity start-ups: hefty funding fails to find fount of youth Premium content
...Yet despite a 2014 partnership with US pharma company AbbVie, extended in 2021, Calico has yet to bring any drugs to the market....
May 19, 2023
Pfizer Inc
Pfizer to buy oncology-focused biotech Seagen for $43bn
...Pfizer’s chief executive Albert Bourla said the pharma group was “deploying its financial resources to advance the battle against cancer”....
March 13, 2023
Drug prices
Eli Lilly to cut price of insulin drugs by 70%
...[It] may provide goodwill among consumers and lawmakers, but the impact to its top line is limited.”...
March 1, 2023
Merck & Co Inc
Merck accuses US of ‘extortion’ in lawsuit against drug price controls
...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....
June 6, 2023

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