Mon.Feb 05, 2024

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Novartis CEO’s 2023 pay rises 21% as Roche's helmsman nets $11M in his first year

Fierce Pharma

After leading Novartis and Roche through pivotal years in 2023, the CEOs of the Swiss drug giants each netted multimillion-dollar compensation packages. | After leading Swiss drug giants Novartis and Roche through pivotal years, their CEOs have each netted multimillion-dollar compensation packages for 2023.

Leads 306
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We’ll See More Exits & Reduced Valuations Among Digital Health Startups This Year, Experts Say

MedCity News

This year, industry experts think that some digital health startups will have to confront their challenges more head-on than they did in 2023. Some companies may need to do things like fundraise at a lower valuation, explore opportunities for an acquisition or exit or, in some cases, consider the possibility of shutting down operations.

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GSK details Blenrep combo data that could bring the multiple myeloma ADC back to life

Fierce Pharma

If a new package of pivotal data satisfies the FDA, GSK could have another run at the U.S. | If a new package of pivotal data satisfies the FDA, GSK could have another run at the U.S. multiple myeloma market with its previously withdrawn BMCA-targeted antibody-drug conjugate, Blenrep.

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Using Technology To Navigate the Care Journey

MedCity News

The only way to effectively scale care coordination to meet the needs of digital consumers is through technology, combined with empowered staff and transformed processes.

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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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Astellas' sales expectations are up for Padcev, down for Veozah

Fierce Pharma

Less than two months after the FDA approved the combination treatment of Astellas and Pfizer’s Padcev and Merck’s Keytruda in first-line bladder cancer, the Japanese company has

Sales 299
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Novo Holdings Bolsters GLP-1 Production Capacity With $16.5B Catalent Buyout

MedCity News

After Novo Holdings acquires Catalent, it will sell three of the contract manufacturing giant’s sites to Novo Nordisk. Those facilities already make Novo Nordisk’s GLP-1 drugs for metabolic conditions, and they will help the company meet projected demand for these products in years to come.

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Study reveals AI can predict patients’ survival in glioblastoma

PharmaTimes

The aggressive brain cancer is responsible for over 3,000 cases in the UK every year

Patients 124
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WuXi AppTec defends against 'blanket allegations' as US legislation casts shadow over certain Chinese drugmakers

Fierce Pharma

As new legislation stands to threaten the U.S. business of certain Chinese biopharma companies, CDMO giant WuXi AppTec has stepped in to make a case for itself. | The company's executives inked an open letter after the recent BIOSECURE act flagged WuXi AppTec and other Chinese drugmakers as potential national security threats.

Biopharma 279
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Transforming Healthcare with Virtual Nursing: Considerations for Nurse Leaders

MedCity News

Virtual nursing, a concept that marries the strengths of traditional nursing models – primary nursing and team nursing – is emerging as a promising solution to address the challenges faced by healthcare organizations.

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Novartis leads race to acquire Monjuvi maker MorphoSys: Reuters

Fierce Pharma

After Novartis reportedly backed out of late-stage talks to acquire Cytoki | The company has a leading bid for the cancer drug maker over Incyte, Reuters reports, citing two people familiar with the matter.

Leads 246
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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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Growing Awareness of Mental Health Importance Fuels New Initiatives, Research

MedCity News

Several recent developments signal increased support for psychological assessments and treatments.

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Leveraging Science to Unlock Progress in Advanced Prostate Cancer

Fierce Pharma

By Matthew Cotter, PhD, Vice President, Global Medical Affairs, Prostate Cancer, Pfizer Oncology Sponsored by Pfizer Inc. | Ongoing scientific research is needed to better understand prostate cancer and identify treatment options to help address unmet needs of patients.

Medical 130
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Astellas raises Padcev forecasts on bladder cancer data

pharmaphorum

A bladder cancer study prompts Astellas to lift peak sales prediction for Padcev, although its menopause therapy Veozah isn’t ramping up as hoped.

Sales 116
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Morgan Health: “Stark Disparities” Exist in Employer-Sponsored Insurance

MedCity News

Employers have been making major investments in healthcare for their employees. Yet, many disparities still exist, particularly when it comes to access and outcomes, according to a recent report from Morgan Health.

Insurance 115
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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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AbbVie’s new drugs keep post-Humira prospects on track

pharmaphorum

Better-than-expected sales of some of its new products, including Skyrizi and Rinvoq, helped AbbVie handle a sharp decline in sales of former cash-cow product Humira in the last quarter of 2023.

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Shifting Site of Service for Shoulder Replacements In Response to CMS Announcement

MedCity News

Based on the risk profiles of orthopaedic operations, a shoulder replacement is actually safer than that of a hip or knee and therefore an ideal candidate for the ambulatory surgical center environment.

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4DMT gene therapy cuts need for Eylea in wet AMD trial

pharmaphorum

4D Molecular Therapeutics' 4D-150 gene therapy for wet AMD has shown efficacy and a reduced need for eye injections with current therapy Eylea in a phase 2 trial.

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New programme shown to help dementia patients live independently

PharmaTimes

The neurodegenerative condition currently affects over 944,000 people in the UK

Patients 102
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Optimizing Clinical Supply Strategy: Navigating Challenges & Finding Your Ideal Model

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Novo Nordisk tackles supply issues with $11bn Catalent deal

pharmaphorum

Novo Nordisk has taken the bold step of buying three manufacturing facilities from contract development and manufacturing organisation Catalent as it tries to meet surging demand for its diabetes and obesity drugs. The deal includes $11 billion upfront to buy the fill-finish sites that Novo Nordisk said will enable “an expansion of the manufacturing capacity at scale and speed while providing future optionality and flexibility for Novo Nordisk’s existing supply network.

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Medical Aid To Ukraine Dwindling With News Fatigue: US Healthcare And Medical Providers – We Must Do More

MedCity News

Health aid from the private US healthcare community to Ukraine is stalling. To re-engage and do more we should take a bottom-up and people-centric approach to aid and focus on long term needs.

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Novo Nordisk $11b acquisition to support manufacturing capacity

European Pharmaceutical Review

Novo Nordisk is set to acquire three fill-finish manufacturing sites from Novo Holdings A/S (Novo Holdings) for $11 billion. This agreement is part of a transaction in which Novo Holdings agreed to acquire the contract development and manufacturing organisation (CDMO) Catalent. The three manufacturing sites in Anagni in Italy, Brussels in Belgium and in Bloomington, Indiana in the US, specialise in the sterile filling of drugs.

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PM Society Awards Tickets Now on Sale!

pharmaphorum

The 38th PM Society Awards will take place on Friday 15th March in London, with Twist Health as the headline sponsor. It is the longest running and largest awards event in the pharma marketing and healthcare agency calendar. To view all the finalist agencies and clients, please visit the PM Society’s website.

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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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US legislation to benefit small molecule drug innovation

European Pharmaceutical Review

Incentivising small molecule drug innovation According to the Biotechnology Innovation Organization (BIO), the bipartisan Ensuring Pathways to Innovative Cures ( EPIC Act ) passed last week in the US, is a “critical” step for incentivising small molecule drug innovation. Representative Congressman Dr Greg Murphy, alongside Don Davis and Brett Guthrie, introduced the US legislation to fix the “pill penalty”, BIO confirmed.

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First patient treated with Moderna's PD-1/IDO1 cancer shot

pharmaphorum

The first patient has been treated in a phase 1/2 trial of a Moderna cancer vaccine designed to generate antibodies against immune checkpoints PD-L1 and IDO1

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Regeneron’s linvoseltamab application accepted for review

Pharmaceutical Technology

Regeneron Pharmaceuticals' application for linvoseltamab has received acceptance from the EMA for review to treat multiple myeloma.

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Vaxxinity is brewing up meds for a spacefaring future

PharmaVoice

The biotech’s bone- and muscle-building treatments could someday help humans reach other planets.

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European Clinical Supply Planning: Balancing Cost, Flexibility and Time

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Risk adjusted net present value: What is the current valuation of Merck’s V-116?

Pharmaceutical Technology

V-116 is a conjugate vaccine commercialized by Merck, with a leading Pre-Registration program in Streptococcal Pneumonia.

Leads 75
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Who Moved My Prescription? Part II

Pharmaceutical Commerce

An analysis of the two main new models for pharmacy—unique direct—to-consumer for brands and cash pay for generics—and what members of industry think about them.

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Risk adjusted net present value: What is the current valuation of AstraZeneca’s Tozorakimab?

Pharmaceutical Technology

Tozorakimab is a monoclonal antibody commercialized by AstraZeneca, with a leading Phase III program in Chronic Obstructive Pulmonary Disease (COPD).

Leads 71
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Pharmacist-led Primary Care Team Improves Clinical Outcomes in Severe Mental Illness

Pharmacy Times

This approach may help prevent premature deaths attributed to preventable or treatable cardiovascular disease.

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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