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Alvogen's bid to force FDA to approve generic to Bausch's Xifaxan shot down by federal court

Fierce Pharma

The agency previously gave the generic a tentative approval before some patents expire in 2029. . | The D.C. federal court denied Alvogen's bid to force the FDA to grant full approval to its proposed Xifaxan generic.

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Novartis, after slimming down, boosts growth projection through the end of the decade

Fierce Pharma

As he introduced Novartis’ meet-the-management event Thursday in London, CEO Vas Narasimhan hammered home Novartis’ status as a streamlined, “pure-play, innovative medicines” company and the succes | Novartis has adjusted its compound annual growth rate expectation from 5%-plus to 6%-plus through 2029.

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In patent settlement, Alkermes grants Teva a license to launch generic Vivitrol in 2027

Fierce Pharma

After settling a patent case with Vivitrol maker Alkermes, Teva has gained a license to launch its generic version of the opioid dependence and alcohol dependence med years ahead of the drug's pate | Under the patent settlement, Teva will be able to launch its generic two years ahead of the 2029 patent expiration for Vivitrol.

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AstraZeneca Plans $1.5B Manufacturing Site for Global Production of ADC Cancer Drugs

MedCity News

AstraZeneca aims to open the facility in 2029. The Singapore manufacturing site will be AstraZeneca’s first facility capable of handling all steps of antibody drug conjugate production. The post AstraZeneca Plans $1.5B Manufacturing Site for Global Production of ADC Cancer Drugs appeared first on MedCity News.

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Boehringer Ingelheim agrees $2bn siRNA therapeutic collaboration

European Pharmaceutical Review

Boehringer Ingelheim’s recent M&A activity In November 2023, Boehringer announced that it planned to acquire the Swiss biotech T3 Pharmaceuticals AG (T3 Pharma), for up to £406 million (450 million CHF). As a result, this approach could treat diseases addressing previously inaccessible drug targets, the company stated. $2

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Our abysmal health care system

World of DTC Marketing

What you pay depends on your drug plan, whether your medication is subject to a deductible, the price tier or level it’s assigned by your plan, how much you have already spent on drugs during a given year, where you buy them, and — in the case of brand-name drugs — the whims of the pharma, PBM and insurance companies. Schumer (D-N.Y.)

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AstraZeneca announces $1.5b ADC manufacturing facility

European Pharmaceutical Review

It is anticipated that operations will be ready to commence from 2029. He explained that an exciting development in the sector over the past several years is “the diversification of the biologics structures we are seeing in the pipeline of most major pharma and biotech companies. The post AstraZeneca announces $1.5b