No matter what
drug companies say about their safety, I will never believe that giving drugs creates a better state of health and contributes to longevity.
Why do
drug companies say that the older a dog is, the more its immune system is wearing out and therefore, it should be vaccinated more frequently than younger dogs??!!!? To the veterinary college student I say that is exactly the kind of deadly policy that «appalls and disturbs» knowledgeable dog owners!
The FDA, the medical societies and
the drug companies say they are all mystified as to Why this is happening with this extremely important class of drugs.
Drug companies say the law will not only be ineffective, but will also threaten innovation and development.
Not exact matches
May 1 - Regeneron Pharmaceuticals and Sanofi will cut the net price of their expensive cholesterol
drug for Express Scripts customers in exchange for greater patient access, with some savings to be shared with consumers, the
companies said on Tuesday.
But when they broached the idea of developing such a vaccine with
drug companies, nearly all of them
said, «No, thank you very much, but we're not interested,» recalls Schiller in a Lasker Foundation interview.
«When you put these two things together, you've got a novel new
drug,»
says Steve Gilman, the
company's chief scientific officer.
The $ 1.1 billion Alphabet - backed Silicon Valley unicorn 23andMe just pulled off a milestone feat: On Thursday, the Food and
Drug Administration (FDA)
said the
company could sell its genetic tests and accompanying health risk reports for ten different diseases directly to consumers.
The Boston
company is seeking FDA approval for an under - the - skin pump system that it
says can dispense a steady stream of diabetes
drugs for a period of six months or longer.
Sysco
says he suspected the technology would need to gain FDA approval from the time the
company launched in 2005, because it was designing an app that physicians would prescribe like a
drug or device.
On average, the 30 large and small pharmaceutical and biotech
companies IDEA Pharma examined got just 11 % of their 2017 revenue from
drugs developed within the past five years,
says Mike Rea, the firm's CEO and one of the most insightful people I've met — no exaggeration — when it comes to pinpointing innovation choke points in the
drug industry.
The Food and
Drug Administration delivered a boon to U.S. drug giant Johnson & Johnson on Thursday, approving the company's psoriasis treatment Tremfya (a psoriasis drug that analysts say could wring in billions of dollars in annual sal
Drug Administration delivered a boon to U.S.
drug giant Johnson & Johnson on Thursday, approving the company's psoriasis treatment Tremfya (a psoriasis drug that analysts say could wring in billions of dollars in annual sal
drug giant Johnson & Johnson on Thursday, approving the
company's psoriasis treatment Tremfya (a psoriasis
drug that analysts say could wring in billions of dollars in annual sal
drug that analysts
say could wring in billions of dollars in annual sales).
Matt de Silva, CEO of
drug testing firm Notable Labs,
said he co-founded the
company after his father was diagnosed with multiple glioblastomas and was excluded from many trials because of the nature of his condition.
Miller, chief investment officer at LMM,
said he thinks the embattled drugmaker is «a completely different
company» than the one that was under severe fire for jacking up
drug prices, and could see returns of 25 percent to 30 percent per year over the next five years.
MONTREAL — Valeant Pharmaceuticals faces years of legal challenges despite cutting ties with a U.S. mail - order pharmacy at the centre of a controversy about how Canada's largest publicly traded
drug firm conducts its business,
say industry observers and the
company's second - largest shareholder.
Capping off 2017, the
company say its stock jump 3.9 % when Metro Inc. began selling back the majority of its Couche - Tard shares — about $ 1.55 billion worth — to help fund its purchase of sister
drug store chain Jean Coutu Group Inc..
Weston
said his family, who also controls Loblaw's parent
company, George Weston Ltd. (TSX: WN), has undergone some major changes in the past year, including the $ 12.4 - billion blockbuster acquisition of the Shoppers
Drug Mart chain.
Valeant (TSX: VRX)
said it had lost confidence in the Hatboro, Pa., - based
company and was exploring relationships with other pharmacies to fill prescriptions for its
drugs.
«Far and away the biggest value - creating step that a
company can have is evolving from concept to
drug,»
says Brian Bapty, a biotechnology analyst with Vancouver - based brokerage Raymond James Financial Inc. «It's one of the best businesses to be in, albeit one of the higher - risk businesses.»
Says Bapty: «If a CRO is nimble and can evolve technology that can enable its clients to get a
drug approved faster or to reduce the risk of a clinical study, or even save them development money in the long run, that
company will find it has a long - term business plan.»
The
company, which has been selling non-core assets,
said it had divested the North American rights to the hereditary angioedema
drug, Ruconest, to Netherlands - based Pharming Group NV in deal worth up to $ 165 million.
Activist hedge fund investor and recent Valeant Pharmaceuticals (vrx) board appointee Bill Ackman on Wednesday slammed the
company's steep
drug price hikes in testimony before the U.S. Senate Special Committee on Aging, going so far as to
say the cost bumps «contributed to healthcare inflation and called into question the
company's commitment to the patients it serves.»
The Food and
Drug Administration
said late Thursday it will not require preliminary review before
companies can sell so - called carrier screening tests to the public.
«When it comes to making iPhones, it is detrimental to your
company to
drug test employees,» Williams
says, half in jest.
KIND bars faced some problematic press in 2015 as well, when a warning letter from the U.S. Food and
Drug Administration
said several of the
company's products weren't as healthy as advertised.
Brendan Kennedy, the cofounder of Privateer Holdings, which owns various marijuana
companies like Marley Natural and Canadian pharmaceutical - grade cannabis producer Tilray,
says his
companies are expanding abroad while the U.S.
Drug Enforcement Agency and the Food and
Drug Administration debate whether or not to treat the plant as a medicine or keep it in the same category as heroin.
The
company is selling a thing (the kit) by
saying it can provide «health reports on 254 diseases and conditions,» including categories such as «carrier status,» «health risks,» and «
drug response,» and specifically as a «first step in prevention» that enables users to «take steps toward mitigating serious diseases» such as diabetes, coronary heart disease, and breast cancer...» Most of the uses «listed on your website, a list that has grown over time,» the FDA writes, «are medical device uses [for the] Personal Genome Service.»
Merck is the latest
company to weather bad news in the Alzheimer's
drug race, halting a late - stage trial yesterday in an experimental amyloid - targeting candidate called verubecestat after a data monitoring committee
said there was «virtually no chance of finding a positive clinical effect,» Reuters reported.
«We have an agreement with them where we own the
drug, but anything that's funded by the U.S. government, it reserves the right to use that under certain circumstances,»
says Mark Murray, president and CEO of the Burnaby, B.C.,
company.
«Shoppers tends to be a Top Five
company, but last year was a low point for them with the fight for generic
drugs,»
says Susan Quinn - Mullins, a senior adviser to the Research Institute.
The
company has responded with statements
saying that it's not as dependent on
drug price increases as critics have claimed; it has also pointed out that while attention has focused on changes in list prices for
drugs, those prices don't reflect the actual cost for insurers, governments and other group purchasers, which typically receive discounts that aren't publicly disclosed.
If employers are looking for ways to reduce costs for things like absenteeism, prescription
drug benefits or long - term disabilities, Lowe
says they must take a clear - eyed look at the
company's role in, well, making people sick in the first place.
Canadian
company Shoppers
Drug Mart lets employees take days off if they have a loss in the family, and they
say that includes a beloved pet.
Walgreens is now
said to be in early - stage talks to acquire
drug wholesale
company AmerisourceBergen, The Wall Street Journal has reported.
LONDON / NEW YORK / TOKYO, April 25 - Rare disease specialist Shire
said on Wednesday it was willing to recommend a sweetened $ 64 billion offer from Japan's Takeda Pharmaceutical Co to shareholders, in what would be the biggest acquisition of a
drug company since 2000..
Both
companies have since rolled back their price increases, and experts
say that while
drug prices will continue to rise the practice of hiking prices purely for profit may be on the wane.
PARIS, April 17 - French healthcare group Sanofi is in exclusive talks to sell its Zentiva European generics
drugs arm to private equity firm Advent International for 1.9 billion euros, the
companies said on Tuesday.
Given its areas of specialization, Gilead wouldn't benefit as much from consolidation as,
say, a generic -
drug company would, but it still faces pricing pressure: To appease Medicaid and other insurers, Gilead is already steeply discounting its hep - C
drugs, which can cost more than $ 80,000 for a 12 - week course.
The
company recently
said it is going to pay $ 465 million to the Department of Justice and other government agencies over the way it classified the EpiPen in the Medicaid
Drug Rebate Program.
The
company couldn't
say whether its
drug price increases have typically occurred before or after a generic version launches, but
said that once a generic is available, it would expect to lose so much market share that it «needs to increase the price to keep production of the
drug viable.»
The Danish
company said it would pay 28.00 euros per share in cash for Ablynx and an additional 2.50 euros in a so - called contingent value right (CVR) if certain conditions related to other
drugs in Ablynx's research portfolio were met.
Potential Trump victory beneficiaries, Golub
said, included
drug companies.
«The
companies deliberately exploited the opportunity offered by debranding to hike up the price for a
drug which is relied upon by many thousands of patients,» Philip Marsden, chairman of the CMA's case decision group,
said on Wednesday.
Clinton has
said she plans to combat high
drug prices, which could be a drag for pharmaceutical
companies.
«It's hard to know what incentives will work for the pharmaceutical
companies to increase
drug production,»
said the University of Utah's Fox.
Fox Chase Cancer Center's Kloth
said if there was a way that
drug companies could be assured their investment would be recouped, that would help ease the shortage.
Sharei
says he is actively discussing partnerships with more
drug companies to develop more ways to engineer cells to fight disease, but he declined to identify which
drug companies or which diseases.
Sykes
says it's much better if a
company has 20
drugs, each accounting for 5 % of revenues.
Some of the smaller
companies developing immunotherapy
drugs could be acquired by the pharmaceutical giants, analysts
said.
Ackman is joining Valeant's board and has
said he is taking a more active role in trying to turn around the troubled
drug company.