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Category: Pharmaceuticals

EU pharma industry group calls for competition check on legislative overhaul

22 March 202322 March 2023

BELGIUM — The European Federation of Pharmaceutical Industries and Associations (EFPIA), based in Brussels, has urged the European Commission to conduct a thorough assessment of the impact of its upcoming…

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Parkinson’s drug patent fight carries high stakes for patients, says FTC

22 March 202323 March 2023

USA — The patent dispute between Supernus and Sage Chemical over the Parkinson’s drug Apokyn has caught the attention of the Federal Trade Commission (FTC), which has expressed concerns over…

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ChatGPT to debut at AACR annual meeting with insights on pharma data for medical professionals

22 March 202322 March 2023

USA — ChatGPT, a large language model trained by OpenAI, is set to debut in the world of medical meetings, starting with the American Association for Cancer Research (AACR) Annual…

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Merck and Viatris reach settlement agreement in diabetes drug patent dispute

21 March 202322 March 2023

USA — Rival drugmakers Merck and Viatris have reached an agreement in their patent dispute over diabetes drugs Januvia and Janumet, pending approval from a judge. Attorneys for both companies…

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FDA removes most doses of Ozempic from drug shortage list after Novo Nordisk resolves supply issues

21 March 202322 March 2023

USA — Novo Nordisk’s Ozempic, a treatment for type 2 diabetes and off-label for weight loss, is no longer on the FDA’s drug shortage list after months of limited supply.…

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Pharmacosmos expands global reach with launch of Monofer in Japanese market

20 March 202320 March 2023

JAPAN — Pharmacosmos, a pharmaceutical company based in Denmark, has announced the release of its intravenous treatment for iron deficiency anemia, Monofer (ferric derisomaltose), in Japan. The launch follows the…

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Pfizer recalls over 4 million packages of prescription migraine medicine voluntarily

19 March 202319 March 2023

USA — Pfizer has issued a recall for 4.2 million packages of Nurtec ODT, which is used to treat migraines in adults. The U.S. Consumer Product Safety Commission (CPSC) raised…

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Samsung Biologics invests in capacity expansion with fifth plant

19 March 202319 March 2023

SOUTH KOREA — Samsung Biologics, a CDMO, has announced that it will construct a fifth plant in response to growing market demand. The new facility, which is part of the…

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Amgen to reduce workforce by 450 in second round of layoffs for 2023

17 March 202317 March 2023

USA — Amgen Inc has announced its plans to cut 450 jobs, which constitutes less than 2% of its workforce. This marks the company’s second round of layoffs this year,…

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FDA advisory panel supports full approval of Pfizer’s COVID therapy

17 March 202317 March 2023

USA —Advisers to the U.S. Food and Drug Administration gave strong support for full approval of Pfizer’s oral antiviral COVID-19 treatment, Paxlovid, for adults at high risk of severe disease…

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  • UAE-based AstraGene and Mylab form joint venture to commercialize automated diagnostics
  • Chinese missionaries in Rwanda perform painless normal delivery
  • OSHCO, VAMED Group to establish a new rehabilitation & long-term care hospital in Riyadh
  • Uganda launches project to scale up paediatric surgical services in hospitals
  • Dubai’s state-owned DAHC, Pfizer, AXDEV Group ally to enhance chronic illness care

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