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
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…
Read MoreMerck and Viatris reach settlement agreement in diabetes drug patent dispute
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…
Read MoreIllumina rejects Carl Icahn’s board nominees and defends Grail acquisition
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…
Read MoreMicrosoft harnesses the power of GPT-4 to simplify medical note-taking and prescription writing
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…
Read MoreCosmos Health expands telehealth services with acquisition of ZipDoctor
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…
Read MorePear Therapeutics considers sale and other options to maximize shareholder value
USA — Pear Therapeutics has recently made an announcement stating that it is exploring strategic alternatives to maximize shareholder value. The company has hired a financial advisor to investigate options…
Read MorePfizer recalls over 4 million packages of prescription migraine medicine voluntarily
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…
Read MoreEnzo Biochem agrees to sell clinical laboratory services business to LabCorp
USA— Enzo Biochem, Inc. has reached an agreement with Labcorp for the acquisition of Enzo Clinical Labs, the clinical laboratory division of Enzo Biochem. The sale is part of Enzo’s…
Read MoreAmgen to reduce workforce by 450 in second round of layoffs for 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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