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Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
April 5, 2024
Coronavirus treatment
Expired Pfizer Covid antiviral drugs set to cost Europe $2.2bn, data shows
...The drug is not yet approved in the US or Europe....
January 1, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Coronavirus treatment
Covid antiviral drug linked to ‘transmissible’ mutations, research finds
...Molnupiravir, marketed by Merck and co-developed with US biotech group Ridgeback Biotherapeutics, works by inducing small mutations in the virus itself....
September 25, 2023
Coronavirus treatment
Covid antivirals lose spark as regulatory scrutiny increases
...The US Food and Drug Administration in late 2021 gave a severely restricted emergency approval, making it a treatment available to those for whom other drugs were not recommended....
October 9, 2023
Merck & Co Inc
Merck to open £1bn London research centre with plea for government support of industry
...MSD helped transform cancer care with its drug Keytruda, which harnessed the immune system to tackle tumours....
October 15, 2023
US politics & policy
US targets 10 drugs for pricing negotiations in crackdown on costs
...More drugs will be added to the list for government negotiations....
August 29, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Dementia
US regulators approve first drug to slow progression of Alzheimer’s
...In the UK, Eisai submitted the drug for approval in May....
July 6, 2023
Merck & Co Inc
Merck accuses US of ‘extortion’ in lawsuit against drug price controls
...Merck’s lawsuit is the first by a major drug company, but analysts predict others are likely to follow its lead and sue the government ahead of the full implementation of the drug price negotiation elements...
June 6, 2023
Unhedged
Bank stocks’ problem isn’t just rates Premium content
...Another, more intriguing factor: the chief executive of Walmart said that new injectable diet drugs were having a small but noticeable negative impact on grocery purchases....
October 6, 2023
Dementia
Two Alzheimer’s drugs offer hope to patients after decades of waiting
...The US Food and Drug Administration in January approved lecanemab, a drug co-developed by Japanese drugmaker Eisai and US biotech Biogen, under an accelerated process....
May 8, 2023
Due Diligence
The Wall Street bank cosying up to superstar lawyers Premium content
...News round-up UAE planned to use COP28 summit for oil deals, documents show (FT) Abu Dhabi’s media record under scrutiny after Telegraph deal offer (FT) Bayer chief blames thin drug pipeline on ‘years...
November 28, 2023
InterviewNikkei Asia
Myanmar’s shadow government says ‘military is ready to collapse’
...Additional reporting by Yuichi Nitta, Takumi Kobayashi and Thompson Chau A version of this article was first published by Nikkei Asia on November 29. ©2023 Nikkei Inc. All rights reserved....
December 5, 2023
Semiconductors
Nvidia chip prices soar in Asia as US export curbs and AI boom drive demand
...“The standard and correct paths don’t work any more,” the co-founder said. “It’s very complex and feels like I’m buying drugs.”...
February 7, 2024
LexMerck & Co Inc
Merck/Prometheus: Big Pharma must swallow bigger premiums Premium content
...Its shareholders understand that these gambles are required ahead of blockbuster drugs rolling off patent....
April 17, 2023
Pharmaceuticals sector
Use of horseshoe crabs’ blue blood puts pharma groups under scrutiny
...“Every injectable drug, including vaccines, every device that’s implanted in the body, including pacemakers, all of them depend on endotoxin testing, all of them depend on this one animal which is declining...
August 22, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Mergers & Acquisitions
Merck buys Prometheus Biosciences for almost $11bn
...It announced positive trial results for its lead drug candidate targeting the disease from a mid-stage trial in December and is developing several other therapies using machine learning to identify drug...
April 16, 2023
Pharmaceuticals sector
Big Pharma fights patent disclosure demand from investors
...Biden administration, which is targeting high drug prices....
February 26, 2023
News in-depthDrugs research
Race is on to develop new generation of weight-loss drugs
...Amgen forecasts this mechanism will enable its drug to provide more durable weight loss than GLP-1 agonist drugs....
December 28, 2022
LexElaine Moore
The Lex Newsletter: Reddit and the API apocalypse Premium content
...A co-ordinated protest by those moderators has created a blackout on the site....
June 16, 2023
LexDrugs research
Medicines: triumph of science in 2022 is worth celebrating Premium content
...Hopes are high for Eli Lilly’s new obesity drug Mounjaro. Like a similar drug from Novo Nordisk, it targets a brain area that regulates appetite....
December 23, 2022
Drug prices
US drugmakers withdraw from NHS pricing agreement as costs soar
...When the NHS’s total branded drug bill exceeds the cap, drugmakers have to pay back the extra revenue. Since the start of the pandemic, the health service has spent significantly more on drugs....
January 16, 2023
Johnson & Johnson Co Inc
J&J consumer arm’s shares jump in biggest US IPO since 2021
...The biotech sector has been particularly hard hit by the IPO freeze, as early-stage companies rely on equity sales to fund long and expensive drug developments....
May 4, 2023
Biogen Inc
Congress faults US regulator’s approval of Biogen Alzheimer’s drug
...The company and the FDA said they had co-operated with the congressional panels....
December 29, 2022
Eisai Co Ltd
Japan’s Eisai aims to silence critics over breakthrough Alzheimer’s drug
...Both Roche’s gantenerumab and lecanemab, co-developed by Eisai and Biogen, are monoclonal antibody treatments based on the hypothesis....
November 29, 2022
Drugs research
Moderna’s mRNA cancer vaccine shows promise in early trial
...The vast majority of drugs that succeed in phase 2 studies subsequently fail in the next stage of trials. The companies would also test the combination in other kinds of cancer....
December 13, 2022

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