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Gottlieb Summarizes New Initiatives Under Administration’s Proposed Budget Increase

  • Post author:Sam
  • Post published:February 13, 2018
  • Post category:Drug Industry Daily

FDA Commissioner Scott Gottlieb issued a statement Tuesday highlighting what the agency would do with the increased funds provided in the administration’s proposed budget for FY 2019. Source: Drug Industry…

Continue ReadingGottlieb Summarizes New Initiatives Under Administration’s Proposed Budget Increase

Eli Lilly's Taltz Succeeds in Key Phase III Ankylosing Spondylitis Trial

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

The company plans to submit for regulatory approvals pending additional data from the ongoing Taltz development program later this year. Source: BioSpace

Continue ReadingEli Lilly's Taltz Succeeds in Key Phase III Ankylosing Spondylitis Trial

Better Late Than Never: Novartis, Momenta Win FDA Approval for Delayed MS Drug

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

Teva and Mylan are looking over their shoulders this morning after the FDA gave Novartis and Momenta the green light for their Copaxone copycat drug. Source: BioSpace

Continue ReadingBetter Late Than Never: Novartis, Momenta Win FDA Approval for Delayed MS Drug

Booming Lakepharma to Create 100 New Jobs in Massachusetts Expansion

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

The company plans to add approximately 100 positions at the Center by 2020. Source: BioSpace

Continue ReadingBooming Lakepharma to Create 100 New Jobs in Massachusetts Expansion

Vertex Scores FDA Nod for CF Combo Drug, Sets $292,000 Price Tag

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

The FDA approved Vertex's Symdeko for cystic fibrosis in patients ages 12 and older with two copies of the F508del mutation. Source: BioSpace

Continue ReadingVertex Scores FDA Nod for CF Combo Drug, Sets $292,000 Price Tag

Charles River Slams Down $800M Cash for Global CRO

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

The acquisition will strengthen Charles River's position as a global early-stage CRO, expanding its client base and service portfolio. Source: BioSpace

Continue ReadingCharles River Slams Down $800M Cash for Global CRO

It's Confirmed: Celgene's Former CEO and Chairman is Making a Run for the Senate

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

Bob Hugin announced his campaign on Monday in an email. Source: BioSpace

Continue ReadingIt's Confirmed: Celgene's Former CEO and Chairman is Making a Run for the Senate

AI Biotech, BioXcel Therapeutics, Files for $69M IPO

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

The Branford, CT-based company was founded in 2017 and plans to list on the Nasdaq under the symbol BTAI. Source: BioSpace

Continue ReadingAI Biotech, BioXcel Therapeutics, Files for $69M IPO

Purdue Pharma Cuts More Than Half of U.S. Sales Staff Amid Opioid Crisis

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

That announcement is a big change in the way Purdue has aggressively marketed OxyContin in the past. Source: BioSpace

Continue ReadingPurdue Pharma Cuts More Than Half of U.S. Sales Staff Amid Opioid Crisis

Walgreens Makes a Takeover Play for Drug Distributor AmerisourceBergen

  • Post author:Sam
  • Post published:February 12, 2018
  • Post category:BioPharma

AmerisourceBergen is one of the biggest drug distributors in the U.S. Source: BioSpace

Continue ReadingWalgreens Makes a Takeover Play for Drug Distributor AmerisourceBergen
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