Tue.Aug 06, 2024

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Pfizer to create 500 new jobs as it upgrades Australia manufacturing plant to help fight antimicrobial resistance

Fierce Pharma

Warning of a "silent pandemic" spreading across the globe, Pfizer is taking the fight against antimicrobial resistance (AMR) Down Under. | Pfizer announced Tuesday that it has invested 150 million Australian dollars (about $98 million) to build a new manufacturing facility at its Australian site in Melbourne, where the company will help produce new antimicrobial treatments aimed at addressing the rising tide of antimicrobial resistance.

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Big Servier Acquisition Pays Off as FDA Approves Drug for Two Types of Rare Brain  Cancer

MedCity News

The FDA approved Servier Pharmaceuticals’ Voranigo as a treatment for two types of low-grade gliomas. The drug, which is projected to become a blockbuster product, comes from Servier’s $1.8 billion acquisition of Agios Pharmaceuticals’ oncology business. The post Big Servier Acquisition Pays Off as FDA Approves Drug for Two Types of Rare Brain Cancer appeared first on MedCity News.

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Servier snags FDA approval for Voranigo, the 1st targeted therapy for a common type of brain tumor

Fierce Pharma

Servier has expanded its IDH drug armamentarium with the FDA approval for an IDH1/2 dual inhibitor. | Servier's Voranigo, or vorasidenib, is now the first systemic therapy for low-grade IDH-mutant brain cancer.

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Blue Shield of California Offers Blue Zones App to Encourage Healthier Living

MedCity News

Blue Shield of California members can now access the Blue Zones Challenge App, which guides users to adopt the lifestyle habits of people in blue zones— regions known for longer, healthier lives. The post Blue Shield of California Offers Blue Zones App to Encourage Healthier Living 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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Bayer's transformation gathers steam as its job cut total reaches 3,200 this year

Fierce Pharma

Bayer’s transformation under CEO Bill Anderson has picked up momentum. In reporting second-quarter earnings on Tuesday, the company revealed it has cut 3,200 jobs since the start of this year. | Bayer’s transformation under CEO Bill Anderson has picked up momentum. In reporting second-quarter earnings on Tuesday, the company revealed it has cut 3,200 jobs since the start of this year.

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Startup Red Queen Therapeutics Unveils $55M and Tech to Defeat Elusive Viral Pathogens

MedCity News

Apple Tree Partners’ latest startup is Red Queen Therapeutics, developer of stapled peptide drugs that block viral fusion. Its lead program is on track for Phase 2 testing in immunocompromised Covid-19 patients; a preclinical pan-influenza program is in development under a BARDA contract. The post Startup Red Queen Therapeutics Unveils $55M and Tech to Defeat Elusive Viral Pathogens appeared first on MedCity News.

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Biopharma, finance vets launch $600m life science loan firm

pharmaphorum

There's a new source of funding for life science companies, Symbiotic Capital, which is providing credit as an alternative to other financing routes

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Bayer looks ahead to Nubeqa, Kerendia expansions amid Xarelto's downward sales spiral

Fierce Pharma

Amid Bayer's massive reorganization, the company's pharma group is moving | The company plans to keep building out blockbuster hopeful Nubeqa, popular eye drug Eylea and newer Kerendia as its top-selling Xarelto succumbs to generic competition.

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BMS ducks out of $1.56bn TIGIT alliance with Agenus

pharmaphorum

Bristol-Myers Squibb has handed back rights to a TIGIT drug partnered with Agenus, ending an alliance that could have been worth up to $1.56 billion to the biotech.Agenus revealed BMS' decision in a Securities & Exchange Commission (SEC) filing (PDF), saying it was a result of a "broader strategic realignment of their development pipeline which involves other licensed products.

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BioMarin downsizes Roctavian efforts but keeps hemophilia gene therapy for 3 markets

Fierce Pharma

After previously floating the possibility of div | After previously floating the possibility of divesting Roctavian, BioMarin has decided to keep the hemophilia A gene therapy—but with a narrowed focus. The reorg comes with cost cuts across the medicine's R&D, manufacturing and commercialization support functions.

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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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As Costs Continue to Grow, So Is the Gap Between High- and Low-Performing Hospitals

MedCity News

Hospital finances seem to be stabilizing overall. However, a closer look reveals there is a widening gap between the highest- and lowest-performing hospitals, according to a new Kaufman Hall report. The post As Costs Continue to Grow, So Is the Gap Between High- and Low-Performing Hospitals appeared first on MedCity News.

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GSK knocks out another Illinois lawsuit claiming once-popular heartburn med Zantac causes cancer

Fierce Pharma

Following a string of legal wins this year—plus one major setback in May—GSK has washed its hands of yet another lawsuit alleging the once-popular heartburn med Zantac can cause cancer. | GSK revealed in a statement Monday that it’s emerged victorious in Illinois state court after a jury determined that the company was not liable for a plaintiff’s colorectal cancer.

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Rising to the 100M Patient Challenge, Tech’s Role in Scaling Obesity Care

MedCity News

With so many now seeking GLP-1 treatment, we must find ways to help providers care for more patients. Technology is the key to unlocking this capacity. The post Rising to the 100M Patient Challenge, Tech’s Role in Scaling Obesity Care appeared first on MedCity News.

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BioMarin Adjusts Sales Plan for Severe Hemophilia A Gene Therapy

Pharmaceutical Commerce

ROCTAVIAN will only be sold to the United States, Italian, and German markets, as the company eyes its profitability by 2025.

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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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Mallinckrodt sells Therakos unit on at a discount

pharmaphorum

Mallinckrodt agrees to sell Therakos to private equity firm CVC $925m, well below the $1.

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Avoiding Surprises – Five Key Questions to Ask When Evaluating an EHR Vendor

MedCity News

With so much to consider, avoiding hidden and often astronomical costs is a top priority for healthcare leaders. Understanding the totality of an EHR vendor’s offering is crucial, especially since vendors do not cover all the costs of their solutions similarly. The post Avoiding Surprises – Five Key Questions to Ask When Evaluating an EHR Vendor appeared first on MedCity News.

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Bayer CEO says recovery on track as key drug products shine

pharmaphorum

Bayer has joined its peers among European drugmakers with a hike in pharma forecasts for the year, as it recorded a rise in group sales but lower profits for the second quarter.Total revenues came in at €11.1 billion ($12.2 billion) in the quarter, ahead of analyst consensus estimates, with pharma leading the charge as it recorded sales up 4.5% to €4.61 billion.

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Pharma casts a wide net to hook opportunities in metabolic disorders

Pharmaceutical Technology

The recent success of diabetes and weight loss medications has spurred more interest in other metabolic disorders.

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

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Novartis, Viatris latest targets of Henrietta Lacks lawsuits

pharmaphorum

Novartis and Viatris are the latest pharma companies to be sued for allegedly profiting from the unlawful use of HeLa cells derived from Henrietta Lacks

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GSK announces victory in Zantac cancer claim lawsuit

Pharmaceutical Technology

GSK has announced the win in the latest trial concerning allegations that its heartburn medication Zantac was linked to cancer.

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Researchers reveal brain parasites could be used to treat cognitive disorders

PharmaTimes

Neurological conditions, including Alzheimer’s disease, are the leading cause of ill health globally

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Malaysia approves Antengene’s XPOVIO NDA for multiple myeloma

Pharmaceutical Technology

Antengene received approval from the Malaysian National Pharmaceutical Regulatory Agency for XPOVIO NDA for two multiple myeloma indications.

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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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BHF’s HIF funds five heart research projects over £800,000

PharmaTimes

Cardiovascular diseases currently affect around seven million people in the UK, including coronary heart disease

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Actinium's radioligand filing plans scuppered by FDA

pharmaphorum

Shares in Actinium Pharmaceuticals have lost almost two-thirds of their value after the FDA asked for a second clinical trial before it would consider reviewing the company's Iomab-B radioligand therapy.

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From Onboarding to Success: AI and Role-Play in Sales Training

Quantified

Stop Expecting New Hires to ‘Figure It Out’ – Invest in Training High turnover and poor performance are costly problems that stem from inadequate onboarding. Companies that fail to invest in proper training for new sales hires often face extended ramp-up times, lower productivity, and higher turnover rates. These issues can be mitigated with the right training programs, specifically by incorporating sales role – play and AI-driven coaching into new hire onboarding.

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Q2 2024 update: electronic medical record (emr) systems related private equity activity in the pharmaceutical industry

Pharmaceutical Technology

In the global pharmaceutical industry, there were 2 private equity deals announced in Q2 2024, worth a total value of $100m, according to GlobalData's Deals Database.

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European Clinical Supply Planning: Balancing Cost, Flexibility and Time

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Pfizer, GSK and Moderna execs remain optimistic about RSV vaccines despite CDC blowback

PharmaVoice

An advisory committee’s age group recommendations look like a major setback, but executives are painting a rosier picture.

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Chime looks to expand manufacturing capacity and establish European presence

Pharmaceutical Technology

The China-headquartered CDMO is planning to scale its manufacturing operations, expand its presence in APAC, and set up a Swiss subsidiary.

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Trial Results Show Potential of Combination Therapy for Chronic Lymphocytic Leukemia

Pharmacy Times

Acalabrutinib plus venetoclax, with or without obinutuzumab, demonstrated significant improvements in progression-free survival.

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GUEST COMMENTARY: Patient-Focused Drug Development: Identifying Patient Priorities

PM360

Unless patients have a voice right from product conception and design, new treatments could be poorly aligned with their needs, affecting take-up and commercial success. Unless patient considerations are central to the earliest stages of drug discovery and development—the premise of so-called Patient Focused Drug Development (PFDD)—new treatments or applications of a medicine could fail to make the grade.

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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