Remove 2018 Remove FDA Remove Leads
article thumbnail

New FDA head needs to examine the accelerated approval program

World of DTC Marketing

The FDA’s “accelerated approval” program expedites the evaluation process for new treatments so that patients can have access to them sooner. Between 2011 and 2018, cumulative spending on 44 FDA-approved oral targeted therapy drugs was $3.5 appeared first on World of DTC Marketing.com.

FDA 234
article thumbnail

Pharma is big business whose goal is to maximize shareholder value

World of DTC Marketing

SUMMARY: Pfizer asks for accelerated approval for a COVID booster shot even though the FDA says it’s unnecessary. From 2016 to 2020, the 14 leading drug companies spent $577 billion on stock buybacks and dividends—$56 billion more than they spent on R&D over the same period.”

Pharma 292
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

A perfect storm for biotech stocks

World of DTC Marketing

According to STAT News “after a double-digit decline in 2021, the sector has fallen another 20% in the new year, erasing billions in value and leading even the most seasoned investors to question whether biotech has further to fall. 1ne: More scrutinization by the FDA on new drug applications. Can small biotech companies survive?

article thumbnail

Aquedeon Medical, Inc. Receives FDA IDE Approval for the Duett Vascular Graft System

Legacy MEDSearch

a Silicon Valley pioneering medical device company specializing in novel cardiothoracic solutions, is pleased to announce a significant milestone following receipt of FDA Investigational Device Exemption (IDE) approval to conduct a staged pivotal clinical trial for its Duett Vascular Graft System in the United States. Aquedeon Medical, Inc.,

Medical 52
article thumbnail

Neglected tropical diseases: non-profits lead the way as private sectors lags

Pharmaceutical Technology

In July 2021, the FDA approved the use of Fexinidazole, a once-daily oral treatment for sleeping sickness. The non-profit company Medicines Development for Global Health received FDA approval for the use of moxidectin, a drug in the same class as ivermectin, to treat river blindness for patients ages 12 and older in 2018.

Leads 64
article thumbnail

Stanford prof pays investors in defunct biotech Nuredis $29m

pharmaphorum

Dr Stanley Cohen was sued by Alafi Capital and the Christopher Alafi Family Trust – the only investors in Nuredis – in 2018. Michael Gardener of Mintz, the lead attorney for Alafi Capital, said the payment of the amount “demonstrates that in California the law applies equally to elite professors as it does to ordinary defendants.”

Leads 101
article thumbnail

AbbVie, Anima Biotech announce collaboration worth $580M plus

pharmaphorum

The partnership will build on Anima’s previous discovery and development collaborations with Eli Lilly in July 2018 and with Takeda in 2021, giving AbbVie exclusive rights to license and further develop and commercialise the programmes. Anima’s wholly owned pipeline programmes, meanwhile, are in fibrosis, oncology, and neuroscience.

FDA 103