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Medicare Pays Twice as Much as VA for Many Drugs, GAO Finds

  • Post author:Sam
  • Post published:January 18, 2021
  • Post category:Drug Industry Daily

Medicare Part D pays twice as much on average for hundreds of drugs as the Department of Veterans Affairs (VA), mostly because VA negotiates prices directly with drugmakers, the Government…

Continue ReadingMedicare Pays Twice as Much as VA for Many Drugs, GAO Finds

Most FDA Approved Novel Drugs in 2020 Went Through Accelerated Reviews

  • Post author:Sam
  • Post published:January 18, 2021
  • Post category:Drug Industry Daily

Most of the 53 novel drugs approved by the FDA in 2020 were reviewed through at least one expedited approval process, the agency said in a report on the year.…

Continue ReadingMost FDA Approved Novel Drugs in 2020 Went Through Accelerated Reviews

Trio of Drugmakers File Lawsuits Against HHS Over 340B Discounts

  • Post author:Sam
  • Post published:January 18, 2021
  • Post category:Drug Industry Daily

AstraZeneca (AZ), Sanofi and Eli Lilly have each filed lawsuits against HHS, arguing the federal government can’t force them to provide 340B drug discounts to contract pharmacies. Source: Drug Industry…

Continue ReadingTrio of Drugmakers File Lawsuits Against HHS Over 340B Discounts

HHS Issues Final Rule Imposing Renewable Term Limits for FDA Directors

  • Post author:Sam
  • Post published:January 18, 2021
  • Post category:Drug Industry Daily

Another last-minute Trump administration policy was issued at the end of last week by HHS that requires five-year, renewable term limits for directors of all agencies under the department, including…

Continue ReadingHHS Issues Final Rule Imposing Renewable Term Limits for FDA Directors

Moderna Will Evaluate Booster Shot for COVID-19 Vaccine in New Trial

  • Post author:Sam
  • Post published:January 18, 2021
  • Post category:Drug Industry Daily

Participants who received a full two-shot regimen in Moderna’s phase 1 vaccine trial are being given the option to receive a third booster shot through a new clinical trial in…

Continue ReadingModerna Will Evaluate Booster Shot for COVID-19 Vaccine in New Trial

David Kessler to Take Reins as Operation Warp Speed’s Scientific Leader

  • Post author:Sam
  • Post published:January 18, 2021
  • Post category:Drug Industry Daily

Former FDA Commissioner David Kessler is set to become Operation Warp Speed’s new chief science officer as just a single day remains until the Biden presidency takes up the mantle…

Continue ReadingDavid Kessler to Take Reins as Operation Warp Speed’s Scientific Leader

FDA Advisory Panel Gives Big Thumbs Up for Moderna’s COVID-19 Vaccine

  • Post author:Sam
  • Post published:December 17, 2020
  • Post category:Drug Industry Daily

The FDA’s vaccines advisory committee voted almost unanimously on Thursday in favor of Emergency Use Authorization (EUA) for Moderna’s COVID-19 vaccine, with all but one abstaining member supporting clearance, and…

Continue ReadingFDA Advisory Panel Gives Big Thumbs Up for Moderna’s COVID-19 Vaccine

EU to Begin COVID-19 Inoculations With Pfizer/BioNTech Vaccine on Dec. 27

  • Post author:Sam
  • Post published:December 17, 2020
  • Post category:Drug Industry Daily

With COVID-19 cases surging across Europe, EC President Ursula von der Leyen announced yesterday that EU countries will start vaccinations with the two-dose Pfizer/BioNTech vaccine on Dec. 27. Source: Drug…

Continue ReadingEU to Begin COVID-19 Inoculations With Pfizer/BioNTech Vaccine on Dec. 27

Novartis to Pay Up to $770 Million for Cadent Therapeutics, Enhancing Neuropsychiatric Pipeline

  • Post author:Sam
  • Post published:December 17, 2020
  • Post category:Drug Industry Daily

Novartis has agreed to buy Cambridge, Mass.-based Cadent Therapeutics for a possible $770 million, expanding its pipeline of treatments for cognitive and mood disorders. Source: Drug Industry Daily

Continue ReadingNovartis to Pay Up to $770 Million for Cadent Therapeutics, Enhancing Neuropsychiatric Pipeline

Sackler Family, Current Purdue CEO Condemned in House Oversight Hearing

  • Post author:Sam
  • Post published:December 17, 2020
  • Post category:Drug Industry Daily

In a Thursday hearing of a congressional committee, two members of the Sackler family and Purdue Pharma’s current president and CEO, Craig Landau, dutifully expressed sorrow for the role played…

Continue ReadingSackler Family, Current Purdue CEO Condemned in House Oversight Hearing
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