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CMS Touts First Negotiated Drug Prices, But Greater Impact Expected in Future Rounds

MedCity News

The first 10 drugs selected for Medicare price negotiations now have new prices set to take effect in 2026. Industry observers note that most of these drugs are older products facing generic competition soon, so greater industry impact will come as the program expands to more drugs in years to come.

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MedTech Marketing 101: Your guide to high-impact campaigns

Clear Pivot

Companies must create unique and reliable products in order to stand out amongst the growing competition. billion by 2026 , so take the steps to create a successful medtech marketing strategy now as the industry is still growing. Revenue from the medical technology industry is projected to reach $644.20

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Novartis completes Sandoz spin-off

European Pharmaceutical Review

Sandoz – advancing biosimilar development in Europe Prior to the proposed spin-off being actioned, Sandoz announced in July 2023 that it planned to invest approximately $90 million to build a Biosimilar Technical Development Center in Slovenia by 2026. This is about 25 percent of the total cost.

Medicine 105
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Sandoz to build Slovenian biosimilar development facility

European Pharmaceutical Review

The company intends to invest approximately $90 million at its site in Ljubljana, Slovenia, to establish a dedicated Sandoz Biopharma Development Center by 2026. They drive competition and cost savings, helping to address the rising financial pressures faced by global healthcare systems.

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Merck defends blockbuster Januvia franchise from patent challenge

pharmaphorum

Merck & Co has been fighting to defend its blockbuster type 2 diabetes therapy Januvia from generic competition for years, and a new judgment looks set to protect its third biggest-selling drug for another few years. That challenged the ‘708 patent – which expires in November 2026 – as well as one other (No.

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Sandoz to build biologics plant in Slovenia

European Pharmaceutical Review

“Not only does the location has offer competitive costs [but it has] proximity to our existing European-based production and commercial operations.” Full operations is provisionally planned for late 2026. The new plant will support the growing biosimilars sector. Work on the biologics plant in Slovenia is set to begin this year.

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Internet of Things related social media posts decreased by 9% in the pharma industry in Q1 2023

Pharmaceutical Technology

GlobalData’s Internet of Things (IoT) Market report helps keep abreast of the latest trends in internet of things, market opportunity forecast and the competitive landscape. To further understand GlobalData's analysis on Internet of Things (IoT) Market Size, Share, Trends Analysis, and Segment Forecast 2021-2026 buy the report here.

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