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Category: WORLD NEWS

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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Illumina rejects Carl Icahn’s board nominees and defends Grail acquisition

21 March 202322 March 2023

USA —San Diego-based biotech company, Illumina, has pushed back against Carl Icahn’s criticism of its acquisition of cancer test developer Grail, stating that his proposed board nominees “do not add…

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Microsoft harnesses the power of GPT-4 to simplify medical note-taking and prescription writing

21 March 202322 March 2023

USA— Microsoft’s subsidiary, Nuance Communications, has recently launched a new AI-powered application called DAX Express, designed to help healthcare workers reduce their administrative workload. The app combines conversational and ambient…

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India’s hospital chain Paras Health opens new facilities, expands its presence in Kashmir

21 March 202322 March 2023

INDIA – Paras Health, a leading provider of affordable, accessible, compassionate, and quality medical care, has launched two new ultra-modern hospitals in northern India. According to the company statement, Paras…

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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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Cosmos Health expands telehealth services with acquisition of ZipDoctor

20 March 202320 March 2023

USA — Cosmos Health Inc., a global healthcare group specializing in nutraceuticals and distributing pharmaceuticals, OTC medications, and medical devices, has signed a definitive agreement to acquire ZipDoctor Inc. from…

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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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