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US pharma group follows Eli Lilly with website for patients to obtain medication online
...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....
...The early-stage plans are the latest effort by a pharmaceutical company to circumvent industry middlemen and sell drugs directly to US patients....
...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....
...The partnership strengthens Sanofi, one of the world’s largest vaccine makers by sales, in the post-pandemic Covid jab market, where pharmaceutical groups are increasingly focused on combined shots against...
...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...
Drugmaker could fast track subsidiary’s bankruptcy process if 75% of claimants vote in favour of new plan
...“The death throes of Spirit are hard to watch,” said Rob Stallard, an analyst at Vertical Research Partners. “Ultimately we don’t expect Spirit to be a public company for that much longer.”...
...Vaccine hopes and demand for medical treatments also buoyed pharmaceutical groups such as Moderna and Pfizer in 2020, as well as lesser-known Chinese groups, including WuXi Biologics, Chongqing Zhifei Biological...
A company launched in 1963 confronts challenge of adapting to the rise of anti-obesity injections
Admonitions about staff trading in their employer’s shares may now need to be broadened
Shah Capital wants change in US biotech’s strategy as its shares have tumbled since their pandemic peak
US healthcare company is putting cash to work from spinning off its consumer health arm
...The case is the latest in a series of intellectual property battles that companies are fighting around the world over mRNA technology, which has helped generate billions in revenues for the pharmaceuticals...
...Avid Bioservices, a small-cap company that helps develop and manufacture drugs for pharmaceutical companies, filed this with the SEC yesterday: On February 29, 2024, Avid Bioservices, Inc....
Advocate general of bloc’s top court says decision against world’s biggest gene sequencing group should be annulled
A weight loss titan fights to stay relevant in the age of GLP-1 drugs
...Robert Stallard, analyst at Vertical Research Partners, said bringing Spirit back in-house would be “great for Spirit, not so great for Boeing”....
...“It was one of the most epic episodes ever in pharmaceuticals history: you got an accelerated approval of a product that didn’t have a completed phase 3 trial....
...“Given the nature of this transaction — a vertical integration where the client list of Catalent might number in excess of 100 entities, all of which plan to compete in some way with Novo Nordisk — it sets...
...I think that should help Spirit in sorting out its Boeing programmes,” said Rob Stallard, analyst at Vertical Research Partners....
...The Medicines and Healthcare products Regulatory Agency has approved the therapy, called Casgevy, which was developed by Vertex Pharmaceuticals and Crispr Therapeutics....
...Pharmaceuticals groups Pfizer and Moderna, which have both faced criticism from fringe groups over their Covid-19 vaccines, also spent heavily on security for their CEOs last year....
...For Google, meanwhile, complying with the DMA means downplaying some of its own “vertical” search features — such as its flight search box — and directing users instead to other intermediaries, like travel...
...Despite splashing out nearly $55bn on two major acquisitions over the past two years, the pharmaceutical company is worth less than it was before the pandemic....
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