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Senate Set to Pass Historic Drug Pricing Bill

  • Post author:PacConAdmin
  • Post published:August 5, 2022
  • Post category:Drug Industry Daily

After more than a year of missed opportunities, Senate Democrats are finally slated to pass a landmark, $740 billion reconciliation bill as soon as today that would grant Medicare the…

Continue ReadingSenate Set to Pass Historic Drug Pricing Bill

FDA Seeks Additional Trial for Acadia’s Nuplazid Alzheimer’s sNDA

  • Post author:PacConAdmin
  • Post published:August 5, 2022
  • Post category:Drug Industry Daily

In a continuing saga of disapprovals, the FDA issued a Complete Response Letter (CRL) to Acadia Pharmaceuticals on its supplemental New Drug Application (sNDA) to expand the use of its…

Continue ReadingFDA Seeks Additional Trial for Acadia’s Nuplazid Alzheimer’s sNDA

AstraZeneca, Bristol Myers Squibb and McKesson Diabetes Drug Case Dismissed

  • Post author:PacConAdmin
  • Post published:August 5, 2022
  • Post category:Drug Industry Daily

A federal court in Kentucky has dismissed a multidistrict lawsuit against AstraZeneca, Bristol Myers Squibb and McKesson that alleges they sold two diabetes drugs that caused heart failure in some…

Continue ReadingAstraZeneca, Bristol Myers Squibb and McKesson Diabetes Drug Case Dismissed

Woodcock Stresses Dire Need for User Fees Reauthorization, Data Modernization

  • Post author:PacConAdmin
  • Post published:August 4, 2022
  • Post category:Drug Industry Daily

Janet Woodcock, principal deputy FDA commissioner, made clear the dire situation her agency will be in if user fees aren’t rapidly reauthorized and the FDA doesn’t receive new money from…

Continue ReadingWoodcock Stresses Dire Need for User Fees Reauthorization, Data Modernization

Pfizer Drops Array Cardiology Candidate After Negative Interim Results

  • Post author:PacConAdmin
  • Post published:August 4, 2022
  • Post category:Drug Industry Daily

Pfizer is scrapping its phase 3 trial of rare-disease cardiology candidate PF-07265803 and development of the drug, which the company inherited from Array Biopharma in its $11.4 billion acquisition of…

Continue ReadingPfizer Drops Array Cardiology Candidate After Negative Interim Results

Eli Lilly Must Pay $61 Million Penalty for Underpayment of Medicaid Rebates

  • Post author:PacConAdmin
  • Post published:August 4, 2022
  • Post category:Drug Industry Daily

A U.S. District Court in Illinois has found that Eli Lilly shortchanged Medicaid’s drug rebate program in 26 states and must pay a $61 million penalty for violating federal and…

Continue ReadingEli Lilly Must Pay $61 Million Penalty for Underpayment of Medicaid Rebates

Amgen to Buy ChemoCentryx, Gaining First-in-Class Inflammation Drug

  • Post author:PacConAdmin
  • Post published:August 4, 2022
  • Post category:Drug Industry Daily

Amgen announced that it is acquiring ChemoCentryx, a developer of oral therapies to treat autoimmune diseases, inflammatory disorders and cancer, for approximately $3.7 billion. Source: Drug Industry Daily

Continue ReadingAmgen to Buy ChemoCentryx, Gaining First-in-Class Inflammation Drug

Keytruda/Lenvima Combo Fails in Liver Cancer Study

  • Post author:PacConAdmin
  • Post published:August 3, 2022
  • Post category:Drug Industry Daily

The combination of Merck’s blockbuster anti-PD-1 therapy Keytruda and Eisai’s Lenvima failed to show superiority to the standard of care of Lenvima alone as a first-line treatment for patients with…

Continue ReadingKeytruda/Lenvima Combo Fails in Liver Cancer Study

Appeals Court Sides With AbbVie in Humira ‘Patent Thicket’ Antitrust Suit

  • Post author:PacConAdmin
  • Post published:August 3, 2022
  • Post category:Drug Industry Daily

A U.S. appeals court panel has said no to resurrecting a 2019 lawsuit alleging that AbbVie broke antitrust laws by using a “patent thicket” to cover its blockbuster monoclonal antibody Humira…

Continue ReadingAppeals Court Sides With AbbVie in Humira ‘Patent Thicket’ Antitrust Suit

FDA Green Lights Cimerli as the First Interchangeable Biosimilar to Lucentis

  • Post author:PacConAdmin
  • Post published:August 3, 2022
  • Post category:Drug Industry Daily

The FDA has approved Coherus BioSciences’ Cimerli (ranibizumab-eqrn) as the first interchangeable biosimilar for Roche’s retinal disease blockbuster Lucentis across all five of its indications. Source: Drug Industry Daily

Continue ReadingFDA Green Lights Cimerli as the First Interchangeable Biosimilar to Lucentis
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