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Industry Objects to “Stacking” Requirement in Medicaid Drug Rebate Rule

  • Post author:PacConAdmin
  • Post published:August 8, 2023
  • Post category:Uncategorized

The big three drug associations, representing brand pharmaceuticals, generics and biotechnology, have all expressed strong objections to the CMS proposed rule for the Medicaid Drug Rebate program “stacking” requirement that…

Continue ReadingIndustry Objects to “Stacking” Requirement in Medicaid Drug Rebate Rule

Lilly Intentionally Botched Math to Sink Eczema Drug, Nektar Suit Alleges

  • Post author:PacConAdmin
  • Post published:August 8, 2023
  • Post category:Uncategorized

Nektar Pharmaceuticals has launched a two-pronged attack on Eli Lilly: A legal filing charging that Lilly intentionally sabotaged its development of Rezpeg, an investigational biologic the companies were co-developing for…

Continue ReadingLilly Intentionally Botched Math to Sink Eczema Drug, Nektar Suit Alleges

Merck Partners With Gingko Bioworks on $490 Million Production Improvement Project

  • Post author:PacConAdmin
  • Post published:August 8, 2023
  • Post category:Uncategorized

Gingko Bioworks announced a new $490 million collaboration with Merck to improve Merck’s biologics production efficiency and increase yields. Source: Drug Industry Daily

Continue ReadingMerck Partners With Gingko Bioworks on $490 Million Production Improvement Project

Social Anxiety Disorder Responds to Vistagen’s Nasal Spray in Phase 3 Trial

  • Post author:PacConAdmin
  • Post published:August 8, 2023
  • Post category:Uncategorized

Vistagen’s fasedienol (PH94B) nasal spray for social anxiety disorder (SAD) showed a statistically significant reduction in anxiety measures during a public speaking challenge, using a measure of subjective units of…

Continue ReadingSocial Anxiety Disorder Responds to Vistagen’s Nasal Spray in Phase 3 Trial

Wegovy Cuts Heart Attack, Stroke Risk 20% in Five-Year Trial

  • Post author:PacConAdmin
  • Post published:August 8, 2023
  • Post category:Uncategorized

Enrolling 17,604 overweight adults aged 45 and over with established cardiovascular disease, Novo Nordisk’s five-year trial of Wegovy (semaglutide) for weight loss showed a 20 percent reduction in major adverse…

Continue ReadingWegovy Cuts Heart Attack, Stroke Risk 20% in Five-Year Trial

Quick Notes on Aug. 7, 2023

  • Post author:PacConAdmin
  • Post published:August 7, 2023
  • Post category:Uncategorized

Source: Drug Industry Daily

Continue ReadingQuick Notes on Aug. 7, 2023

Stryker Launches Ad Campaign for Robotic-Assist Knee and Hip Replacements

  • Post author:PacConAdmin
  • Post published:August 7, 2023
  • Post category:Uncategorized

Stryker has launched a national direct-to-consumer marketing campaign for its Mako SmartRobotics system for knee and hip replacement. Source: Drug Industry Daily

Continue ReadingStryker Launches Ad Campaign for Robotic-Assist Knee and Hip Replacements

Chamber, PhRMA Supreme Court Brief Supports Manufacturers in Anti-Terrorism Case

  • Post author:PacConAdmin
  • Post published:August 7, 2023
  • Post category:Uncategorized

Pharmaceutical and medical device companies should not be held liable for terrorist actions after providing medical products to the Iraqi government, says an amicus brief from the U.S. Chamber of…

Continue ReadingChamber, PhRMA Supreme Court Brief Supports Manufacturers in Anti-Terrorism Case

Oncologist Group Blames Rebates and Discounts for Cancer Drug Shortages

  • Post author:PacConAdmin
  • Post published:August 7, 2023
  • Post category:Uncategorized

The growing burden of rebates and discounts has left drugmakers “underwater” on manufacturing inexpensive, generic cancer drugs, and has significantly harmed the supply chain for these treatments, the Community Oncology…

Continue ReadingOncologist Group Blames Rebates and Discounts for Cancer Drug Shortages

Legislative Update — Week of Aug. 7, 2023

  • Post author:PacConAdmin
  • Post published:August 7, 2023
  • Post category:Uncategorized

As the 118th Congress continues, FDAnews will track important pending legislation to keep you updated on laws and regulations that could impact your business. Source: Drug Industry Daily

Continue ReadingLegislative Update — Week of Aug. 7, 2023
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