Mon.Jul 22, 2024

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Sinking prices for generic meds a major factor in US shortage crisis: report

Fierce Pharma

As lawmakers and industry groups seek to get a handle on U.S. | As lawmakers and industry groups seek to get a handle on U.S. drug shortages, a new white paper from German market analytics firm QYOBO supports the thesis that disproportionately low prices for generic medicines can make it difficult for drugmakers to keep supplies afloat.

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How NVIDIA grew with the healthcare market instead of pushing into it

Pharmaceutical Technology

As the use of AI soared across healthcare, NVIDIA fit the bill in providing the necessary technology – and its stock tells the same story.

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Agilent Technologies lays out $925M to acquire Canadian specialty CDMO Biovectra

Fierce Pharma

After changing hands several times throughout the 2010s, Canadian specialty contract development and manufacturing organization (CDMO) Biovectra has agreed to fly the Agilent flag. | Agilent has revealed that it’s signed a definitive agreement to acquire Biovectra for $925 million through a mix of cash and debt financing. The deal is expected to close this year.

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In This Round, Humans 1, AI LLMs 0

MedCity News

Anthropic’s Claude3-Opus performed better than GPT-4, but both fell short of humans on a test of objective medical knowledge. The study was conducted by a firm developing LLMs specifically for healthcare that claim to be incorporating peer-reviewed sources of information. The post In This Round, Humans 1, AI LLMs 0 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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President Biden touts drug pricing achievements as he steps down from re-election campaign

Fierce Pharma

At his vacation home in Delaware, President Joe Biden made the striking announcement that he is dropping out of the 2024 | While President Joe Biden is officially out for the 2024 election, his term has certainly made a mark in the healthcare realm.

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Neuro Drug Passed Up by Biogen Posts Positive Data for Ionis, Setting Stage for Phase 3 Test

MedCity News

Ionis Pharmaceuticals is looking ahead to a Phase 3 study for an antisense medicine it is developing to treat Angelman syndrome, a rare neurodevelopmental disorder with no FDA-approved therapies. Its main competition is an Ultragenyx Pharmaceutical drug set to begin pivotal testing later this year. The post Neuro Drug Passed Up by Biogen Posts Positive Data for Ionis, Setting Stage for Phase 3 Test appeared first on MedCity News.

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Home Dialysis Advances Will Make Transplant Wait a Little Easier

MedCity News

For folks on the transplant waiting list, the wait from now on should be less disruptive. Life should be more pleasant. And all things being equal, one’s condition going into a transplant should be better. The post Home Dialysis Advances Will Make Transplant Wait a Little Easier appeared first on MedCity News.

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Grünenthal continues US growth push with $250M acquisition of Valinor Pharma

Fierce Pharma

Grünenthal has continued its expansion splurge, | Grünenthal has continued its expansion splurge, acquiring Valinor Pharma and its lone commercial product Movantik (naloxegol), a treatment for opioid-induced constipation (OIC), for $250 million.

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Study points to route for 'one and done' flu vaccine

pharmaphorum

Scientists at OHSU in the US have developed a universal form of influenza vaccine that they say could protect against all strains of the virus

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The Pediatric Innovation Landscape

MedCity News

Pediatric mental health is the theme of the Pitch Perfect contest at the INVEST Digital Health conference at Pegasus Park in Dallas on September 18. Here’s a look at some of the pediatric mental health companies to watch. The post The Pediatric Innovation Landscape appeared first on MedCity News.

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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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Study finds wearables deliver key insights in heart disease

pharmaphorum

Consumer wearables have shown a benefit when used to monitor treatment responses in patients with atrial fibrillation and heart failure.

Patients 111
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New study shows wearable trackers provide clinical use for heart disease patients

PharmaTimes

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

Patients 109
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Grünenthal buys Valinor and constipation drug for $250m

pharmaphorum

Pain medicine specialist Grünenthal has agreed to buy Valinor Pharma for $250m, getting control of Movantik for opioid-induced constipation

Medicine 110
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Implementing Inclusivity: Putting Clinical Trial Equity Into Practice

MedCity News

In the realm of inclusivity and equity, planning early and engaging key stakeholders throughout the process makes it possible to make these changes while also safeguarding participants. How can researchers put clinical trial equity into practice? The post Implementing Inclusivity: Putting Clinical Trial Equity Into Practice appeared first on MedCity News.

FDA 107
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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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Valneva gets $41m grant to roll out chikungunya vaccine

pharmaphorum

Valneva has been awarded funding from the Coalition for Epidemic Preparedness Innovations (CEPI) and EU to expand access to its recently approved vaccine for chikungunya, a potentially life-threatening mosquito-borne disease.

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Pharma Pulse 7/22/24: Global Diabetes & Obesity Therapeutics Study, Is There a Correlation Between Medical Debt and Delayed Mental Health Care? & more

Pharmaceutical Commerce

The latest news for pharma industry insiders.

Pharma 105
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Vitable Secures $16M To Provide Primary Care to Small Employers

MedCity News

Vitable’s $16 million Series A funding round was led by Cherryrock Capital and included participation from newark venture partners, Citi Impact Fund, First Round Capital, Commerce Ventures and Y Combinator. In total, Vitable has raised more than $25 million. The post Vitable Secures $16M To Provide Primary Care to Small Employers appeared first on MedCity News.

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10 Proven Sales Appointment Setting Tips (With Script)

Spotio

In both inside and outside sales environments, a lot of emphasis is placed on nurturing leads and closing deals. And while those steps are crucial when it comes to locking down new clients, improving your team’s activity-to-appointment ratio should also be a priority. The first step toward closing a deal is getting a prospect to commit to that first appointment, after all.

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

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The Future of Birth Control: No Hormones, More Options for Men

MedCity News

The advancement, adoption of, and access to these options – regardless of age, geography, and financial considerations – requires the support of the scientific community, drug developers, funders, regulatory agencies, insurers, and lawmakers to make the concept of a hormone-free future a reality. The post The Future of Birth Control: No Hormones, More Options for Men appeared first on MedCity News.

Insurance 105
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How NIVIDIA grew with the healthcare market instead of pushing into it

Pharmaceutical Technology

As the use of AI soared across healthcare, NVIDIA fit the bill in providing the necessary technology – and its stock tells the same story.

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Best Practices in Achieving Revenue Cycle Excellence 

MedCity News

Discover the best practices in revenue cycle management to enhance financial health and streamline administrative processes in healthcare. The post Best Practices in Achieving Revenue Cycle Excellence appeared first on MedCity News.

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EMA accepts GSK’s Blenrep MAA for multiple myeloma for review

Pharmaceutical Technology

The EMA has accepted for review GSK’s MAA for Blenrep for relapsed or refractory multiple myeloma (r/r MM).

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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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Trial investigates faecal microbiota transplantation to treat rare liver disease

PharmaTimes

Primary sclerosing cholangitis is estimated to affect one in 100,000 people worldwide annually

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Innovent throws its hat further into China's GLP-1 ring

pharmaphorum

Innovent Biologics is planning a second filing for its dual GLP-1/glucagon agonist mazdutide in China, as it tries to carve out a share of a market currently dominated by Novo Nordisk and Eli Lilly.Mazdutide – a once-weekly injectable Innovent licensed from Lilly – was submitted to China's National Medical Products Administration (NMPA) earlier this year for weight management in overweight and obesity, and will soon be submitted for type 2 diabetes as well after a second positive phase 3 trial,

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To overcome barriers, cell and gene therapies need outside support

PharmaVoice

With great potential in cell and gene therapies, there are still plenty of barriers to getting the breakthroughs to patients.

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Eculizumab-Aagh Receives FDA Approval as Biosimilar to Soliris

Pharmacy Times

Eculizumab-aagh does not have an interchangeable designation, though that could be updated in the future.

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European Clinical Supply Planning: Balancing Cost, Flexibility and Time

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UNAIDS boss calls on Gilead to provide ‘miracle’ drug to developing countries

Pharmaceutical Technology

UNAIDS executive director Winnie Byanyima called upon Gilead to allow generics to be made of lenacapavir now.

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Post-Roe, How Safe Are Period-Tracking Smartphone Apps?

Pharmacy Times

Study investigators surveyed nearly 200 women on their concern around period-tracking apps’ data practices, as well as whether Roe v Wade being overturned influenced their concerns.

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Medical Sales Targeting (Part 4) 

Cesare Ferrari

One of the challenges in medical sales is disseminating the right messages to the right doctors at the right time. Previously, I discussed how to identify the right customer and pass the right message ; today’s post will focus on when to pass the message, knowing fully well that timing is critical. This is equally because the degree of difficulty of the “targeting at right time” challenge is unique to each specific message, campaign and customer.

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Pharmaceutical Companies Can Optimize Enterprise Asset Management and Achieve Success

PharmaTech

An integrated platform that keeps real-time data in a single location can be a major asset for pharmaceutical companies, as it saves time and money, leading to better quality products and higher profits.

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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