Mon.Aug 26, 2024

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UCB sells off production plant and a clutch of older meds in China for $680M

Fierce Pharma

Restructuring seems to be the name of the game for many large drugmakers these days, and Belgium-based UCB is no except | Belgium’s UCB is selling off its mature neurology and allergy business—plus a manufacturing plant—in mainland China. The deal will see local healthcare asset manager CBC Group and Abu Dhabi-based investment firm Mubadala pay UCB $680 million.

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Why Northwestern Is Using Qventus’ New AI Assistant

MedCity News

Automation startup Qventus launched a new AI assistant designed to alleviate healthcare staff’s administrative burden by completing mundane tasks for them. The assistant was built in collaboration with health systems, including Northwestern Medicine, Ardent Health and Allina Health. The post Why Northwestern Is Using Qventus’ New AI Assistant appeared first on MedCity News.

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J&J's attempt to tweak 340B policy for Stelara, Xarelto denounced by HHS

Fierce Pharma

Even as Johnson & Johnson prepares to weather the impact of negotiated Medicare drug prices on two of its | The new rebate model would require eligible hospitals to submit rebate claims after paying full price for the drugs, as opposed to upfront discounts.

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The Truth About AI and Healthcare Payer Modernization

MedCity News

With so much hinging on technology that is the subject of so much hype, it is important to understand where AI actually helps at present — and where it most definitely does not. The post The Truth About AI and Healthcare Payer Modernization appeared first on MedCity News.

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AI Strategies for Sales Managers: How to Cut Down on Tedious Admin Work

What if you could help your sellers stop wasting 72% of their day on non-selling activities and focus on bringing in revenue? Incorporating AI in your enablement workflows can help you cut down on busy work, get projects done faster, and let your team (and you!) focus on making a bigger impact. We put together this guide to show you how to use AI to cut time and costs for projects, including collateral creation, development of training videos, and automating tedious processes.

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After FDA rejection, Regeneron gains nod in Europe for T-cell engager odronextamab

Fierce Pharma

Five months after the FDA rejected Regeneron’s bid for acc | Five months after the FDA rejected Regeneron’s bid for accelerated approval of its T-cell engager odronextamab because of the immaturity of its confirmatory trial, the European Union has signed off on the treatment for two types of blood cancers. The European Commission also approved SIFI's first-of-its-kind Akantior for a rare corneal infection disorder.

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Trickle-up Innovation: The Unexpected Benefits of Designing Healthcare from the Bottom Up

MedCity News

What if we placed the needs of the most vulnerable at the heart of healthcare innovation? This isn’t simply about equity; it’s about unleashing a wave of creativity that could transform healthcare for everyone. The post Trickle-up Innovation: The Unexpected Benefits of Designing Healthcare from the Bottom Up appeared first on MedCity News.

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J&J's bid to change pay model for Stelara, Xarelto slammed

pharmaphorum

A US government agency has hit back at a plan by Johnson & Johnson to change the way it pays discounts on drugs to hospitals in the controversial 340B programme

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Cigna's Express Scripts to cross out AbbVie's Humira from some formularies in 2025, opting to go with biosims instead

Fierce Pharma

When CVS Caremark removed AbbVie’s Humira from its national commercial formularies back in April, biosimilar prescriptions picked up at a whirlwind pace. | Following CVS Caremark's lead, Cigna's pharmacy benefit manager unit will nix Humira from formularies in favor of Humira biosimilars from Boehringer Ingelheim, Teva and Sandoz.

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Waltz Health Unveils New Solution to Lower Specialty Medication Costs

MedCity News

Waltz Health launched Waltz Connect on Monday. The solution supports payers and aims to lower specialty drug costs. The post Waltz Health Unveils New Solution to Lower Specialty Medication Costs appeared first on MedCity News.

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Driving flu vaccine uptake in the post pandemic era

Fierce Pharma

In this week's episode of "The Top Line," we look at factors driving the continuing decli | In this week's episode of "The Top Line," we look at factors driving the continuing decline of flu vaccination rates in the U.S. and beyond.

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From Diagnosis to Delivery: How AI is Revolutionizing the Patient Experience

Speaker: Simran Kaur, Founder & CEO at Tattva Health Inc.

The healthcare landscape is being revolutionized by AI and cutting-edge digital technologies, reshaping how patients receive care and interact with providers. In this webinar led by Simran Kaur, we will explore how AI-driven solutions are enhancing patient communication, improving care quality, and empowering preventive and predictive medicine. You'll also learn how AI is streamlining healthcare processes, helping providers offer more efficient, personalized care and enabling faster, data-driven

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FDA Grants Orphan Drug Designation to RedHill’s Treatment for Neuroblastoma

PharmaTech

Opaganib was given orphan drug designation for the treatment of neuroblastoma in children, which is rare, but the most common infancy malignancy.

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European Commission licenses first treatment for acanthamoeba keratitis

European Pharmaceutical Review

The European Commission has granted the first approval for a medicine to treat acanthamoeba keratitis, an ultra-rare corneal infection that can lead to blindness. Akantior ® (polihexanide) is indicated for individuals from 12 years old in Europe. SIFI, the international ophthalmic company that developed Akantior, explained that the parasitic infection is caused by the free-living amoeba, acanthamoeba.

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European Commission Approves Merck Treatment Combined with Other Therapies for Pulmonary Arterial Hypertension

PharmaTech

In a 24-week study of patients with PAH, six-minute walking distance improved by an average of 40.8 meters, and risk of death or clinical worsening was reduced by 82%.

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How to Produce Content More Efficiently (Our Best Tips)

Healthcare Success

The healthcare industry is under immense pressure to produce content quickly. Generative AI might seem like a quick fix, but the industry’s specific challenges often get in the way. Learn how to streamline your content creation process without sacrificing quality or compliance. Here are our best tips: Prioritize Performance Analytics Determining the effectiveness of content quickly and accurately is challenging, so it’s important to build the right team or partner with the right agency.

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How to Prove Marketing Value: Demonstrate Content ROI and Contribution to Sales

Every marketer knows how important it is to prove their efforts drive sales opportunities, but that’s easier said than done. When problems like sales and marketing misalignment, lack of data, and wasted efforts persist, marketers can’t measure, prove, or increase their impact on revenue at a time when demonstrating marketing value is critical. Using analyst and expert data, this guide to marketing impact and content attribution explains: How B2B buyers use content The most common types of conten

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Healthineers offers €200m for Novartis radiodiagnostics unit

pharmaphorum

Siemens Healthineers has agreed a $224m deal to buy the diagnostic arm of Novartis' AAA radiopharmaceuticals unit

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Tafasitamab, Lenalidomide Combination Modestly Effective in Patients With Large B-Cell Lymphoma

Pharmacy Times

Aligning with previous data, the drug combination was modestly effective in patients with large B-cell lymphoma pre- and post-CAR-T-cell therapy.

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MSD snags European approval for pulmonary arterial hypertension therapy

Pharmaceutical Technology

Winrevair is the first approved actin signaling pathway-targeting therapy for the treatment of the rare blood vessel disorder.

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Content Velocity: Mastering the Three Pillars of Success

Eversana Intouch

Content velocity – getting more relevant, personalized content to more of your audience faster – is a goal for all life science marketers, but it’s a concept rife with misconceptions. One common mistake is thinking it’s just about making more content faster. Another error is thinking it’s simply a matter of plugging in a single tech or AI solution. And a third common oversight is when brands don’t evolve their ways of thinking and working to continue to maximize their content velocity.

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Optimizing Clinical Supply Strategy: Navigating Challenges & Finding Your Ideal Model

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As a new mpox strain gains ground, a key drug stumbles in the clinic

PharmaVoice

Despite the disappointing results, the drug’s developer, Siga Therapeutics, said there’s more to the story.

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Fish Oil Supplementation May Reduce Genetic Risk of High Cholesterol

Pharmacy Times

Pharmacists can be essential sources of education for patients, offering them guidance on safe use and proper dosage.

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Quick Chats, Big Impact: The Art of Mastering the Daily Check-In

ALULA

As a leader, your days are jam-packed —meetings, emails, putting out fires, rinse and repeat. It's enough to make your head spin. With all the demands on your time, it can be tempting to skip over those daily check-ins with your team. But trust us, that would be a costly mistake.

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Dupixent Demonstrates Efficacy Treating Chronic Obstructive Pulmonary Disease, Asthma

PharmExec

OncLive serves as the connection to oncology, including groundbreaking cancer news and interviews with top oncologists in multimedia formats.

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Increase Revenue With Better, Faster Sales Onboarding

Quotas need to be hit. Revenue goals need to be met. This reality makes shortening sales onboarding time a top priority. Organizations with a standard onboarding process boost employee retention by 58% and increase productivity by 50%. Unfortunately, many companies struggle with inefficient processes that lead to high turnover and missed revenue opportunities.

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Interviewing the Brightest Minds: With Jay Galeota

PM360

*This is a reprint of the MIT Sloan Career Development Office website article.* Fortune 500s or Start-Ups; what are the opportunities and challenges for top school business graduates to consider for the Healthcare/Pharma/Biotech vertical? An MIT Sloan Career Development Office Q&A with Jay Galeota, President and CEO of Kallyope. Q: After consulting (33.7%), technology (24.1%) and finance(19.9%), your vertical secured the next highest percentage of MIT Sloan’s class of 2023 gradates (5.8

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KeySource Unveils Internal Promotion

Pharmaceutical Commerce

Ryan Sevek, the supplier’s CFO, will become president.

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FDA Approves Arthroscopic Delivery of Vericel’s MACI for Knee Cartilage Defects

PharmExec

OncLive serves as the connection to oncology, including groundbreaking cancer news and interviews with top oncologists in multimedia formats.

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The Capabilities of a 3PL Provider

Pharmaceutical Commerce

Chris Williams expands on the services that a third-party logistics (3PL) partner should offer, while sharing ways to alleviate standard supply chain issues.

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European Clinical Supply Planning: Balancing Cost, Flexibility and Time

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Pharmas’ IRA court losses mount. They keep pursuing them.

PharmaVoice

The final drug prices for Medicare’s negotiation program have been published, but pharma companies continue to push their legal strategies.

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Celltrion’s SteQeyma receives EC approval for chronic inflammatory diseases

Pharmaceutical Technology

The European Commission (EC) has approved Celltrion's SteQeyma, a biosimilar to Stelara, for treating chronic inflammatory conditions.

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Pharma Pulse 8/26/24: BioAge Appoints Former GSK CEO to Board of Directors, Addressing Challenges to Access & more

Pharmaceutical Commerce

The latest news for pharma industry insiders.

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Targeted Pre-Launch Scientific Outreach: Q&A with Dan Rizzo

PharmExec

OncLive serves as the connection to oncology, including groundbreaking cancer news and interviews with top oncologists in multimedia formats.

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Using Generative AI in Sales: Pros, Cons, and Considerations According to Sellers

Are your sellers unsure about using AI in their day-to-day workflows? Or are they eager to try but uncertain where to start? They might be asking: Which tasks are best suited for AI? How will using AI affect my relationship with my customers? With so many tools available, which ones are the most useful to me? To help answer these and other common questions about using AI during the sales cycle, we surveyed B2B sellers who were early adopters to get their insight and advice about how to use gen A