Sentences with phrase «us pharma company»

Danish pharma company Novo Nordisk (nvo), best known for its insulin - based treatments for diabetes, said Tuesday it's going to shift its focus slightly to fighting obesity, one of the primary causes of that disease.
Biotech and pharma companies will get a smaller tax credit for developing drugs for rare diseases.
But the initiative comes with another huge financial prize for firms that successfully win FDA approval for these niche therapies: a priority review voucher that can be used to slash the regulatory period for a different experimental specialty treatment being developed by a drug maker or, more often, sold for potentially hundreds of millions of dollars to another pharma company.
Big biotech and pharma companies are absolutely dependent on being able to successfully innovate by partnering with and acquiring disruptive startups because of the nature of the patent cliff in pharmaceuticals.
At that price, he would collect $ 800 million, or $ 200 million a year over four years — making more than the CEOs of more than a dozen major pharma companies are likely to be paid, combined.
Others, such as consumer watchdog Public Citizen and the preventive medicine advocacy group Trust for America's Health (TFAH), had very different takes, arguing Cures mostly benefits pharma companies at the expense of other important public health initiatives.
CNBC's Meg Tirrell discuss what to expect from big pharma companies reporting earnings tomorrow including Pfizer and Merck.
In periods of rising volatility, pharma companies are often especially vulnerable because of investors are paying big prices today for therapies expected to pay off over a long horizon.
Unlike many upstart pharma companies that must turn to the financial markets for expansion dollars, Prollenium's sales volume provided the cash it needed to finance new research and development, as well as a major capital project.
Food and Drug Administration Commissioner Scott Gottlieb decried what he called a «Kabuki» drug pricing construct between pharma companies, pharmacy benefits managers, insurers, and others during a health insurance conference.
The «microbiome,» or the collection of organisms that reside within the human body (especially the gut), has become a big new interest area for a number of major pharma companies like Merck and smaller biotechs alike.
That's leaving entire areas open for the taking and Valeant — a specialty pharma company that focuses on dermatology, ophthalmology and over-the-counter medications — which already has a strong foothold in emerging markets is poised to fill that void.
Fortune spoke with 25 - year pharmaceutical vet Ramona Sequeira, president of Takeda's U.S. business unit since 2015, on the challenges of adapting an international pharma company to the U.S. healthcare and reimbursement system and the firm's America - centric business plans.
President Donald Trump sat down with a host of major pharma company CEOs Tuesday morning to address pressing issues like high drug prices, the future of the FDA, and where treatments are produced.
With few competitors on the market, the pharma company reportedly planned on even steeper hikes to the price, figuring that a combination of customers» insurance coverage and discounts the company provides to patients would offset the increases.
Many pharma companies won't gain much from the new corporate tax rate, but they'll benefit from being able to access more overseas cash.
The report points to a number of factors driving big pharma companies» struggles with netting strong returns, including a dearth of late - stage pipeline candidates and diversified product portfolios that aren't necessarily spreading risk.
Today, at 2 p.m. Eastern, the President will sign the 21st Century Cures Act — approved by the Senate on Dec. 7 by a vote of 94 - to - 5, overwhelmingly passed by the House the week before, and seemingly supported by every pharma company, medical institution, healthcare advocate and their mothers.
Rather than competing with the largest pharma companies in the world, she'd be competing with only a few academic groups.
Say you're a pharma company with a key product which brings in about $ 1.49 billion in annual sales, or a little less than 10 % of your revenue stream.
At one time blocked by the FDA, 23 & Me is now a smash hit with both consumers and pharma companies.
That deal cemented Actavis's rebirth as a branded and specialty pharma company — or as CEO Brent Saunders said, a pioneer «in a new industry model: Growth Pharma.»
Now, the innovation pipelines are dry, the pharma companies are peering (or falling) over the patent cliff.
By printing multiple lung airways — or any other afflicted organ — from a human patient and testing drugs on them, pharma companies can bypass the ethically challenged practice of testing on animals and proceed to human clinical trials with greater confidence the drugs will actually work, according to Wadsworth.
Pharma company Valeant's shares dropped 75 % after a short seller accused it of using a pharmacy to artificially inflate its sales.
The pharma company will then sell the drug to the public.
Add one more name to the new slew of pharma companies trying to counteract the public backlash to big drug price increases: France's Sanofi, a $ 126 billion firm known for its flagship diabetes and vaccines units.
Even mighty Novartis, the No. 2 pharma company in the world after Johnson & Johnson (JNJ), trimmed four divisions as it built up its cancer portfolio.
One day I came home from working at a big pharma company that had the same type of elevator as my condo building in Toronto.
Smooth successions and no surprises are what employees and shareholders want — but that's not what the board at French pharma company Sanofi has delivered.
Insurers have been striking deals with pharma companies that will land them discounts on pricey drugs if those treatments don't demonstrably improve patients» health outcomes; hospitals are penalized if they have high rates of patient readmissions.
It's possible that Paulson and Vanguard decided to invest their gains into other pharma companies developing new drugs, but they are just as likely to put their money somewhere else.
The environment for deals among specialty pharma companies like Jazz has heated up since the beginning of the year.
Jazz said in a filing that it did so in response to the overall takeover environment for pharma companies and in light of a patent litigation settlement that allows Hikma Pharmaceuticals to sell a generic version of Xyrem with Jazz receiving royalty payments on those sales.
Among them were a few specialty pharma companies as well as some biotechs.
The largest donors to the various anti-weed political groups around the country include a billionaire casino tycoon, a woman who believes in reefer madness, a drug - crusading former U.S. ambassador, cops, prison guards, booze merchants, and a pharma company that sells the powerful painkiller fentanyl.
In 2017, according to Deloitte, the 12 largest bio - pharma companies got a mere 3.2 % return out of their drug - research arms.
This was most likely one of the reasons the FDA has rejected pharma companies» petitions for it twice, according to FierceBiotech.
A Reuters report citing sources who say that the firm is in talks with investment backs after being approached by several pharma companies for a buyout.
The premiums that pharma companies pay for biotechs with mid-to-late stage experimental drugs has risen to a point that has some analysts crying «bubble.»
While Tesaro is remaining publicly coy for now, a buyout has always been in the cards as big pharma companies continue to snap up biotechs that have already done drug development legwork for them.
Much of the problem, Miller explained, is that Americans are already shouldering more than their fair share of pharmaceutical companies» costs: While the U.S, accounts for only 4.6 % of the total world population, it makes up about 40 % of the world's drug spending, and the bulk of pharma companies» profits, he said.
Similarly, innovation in collaborative, patient - centric drug development models that are being promoted by pharma companies, regulators and patient groups, have the ability to transform the industry and improve productivity significantly.
The California Medical Association, which represents doctors in California, opposes the measure because of that claim, and also because the group said the cancellation of drug purchasing contracts the state already has with pharma companies «would remove many drugs from the Medi - Cal list of pre-approved medicines — creating a new prior authorization hurdle for patients and their physicians.»
A handful of shareholders, including two C - suite execs, are in line for nine - figure payouts once Novartis completes its acquisition of local pharma company AveXis.
GEN List Rental allows you to target your message to the top pharma companies, biotechs, and universities worldwide.
ICCR encourages pharma companies to share patents for their life - saving HIV drug formulations through the Medicines Patent Pool as a way to make them more affordable and available where they are needed most.
Investors challenge pay packages at pharma companies, saying they incentivize drug price hikes.
Not only do the executives think a blockchain system could automate communication between pharma company and patient, but they also think such a system would ensure the integrity of data.
And once marijuana is rescheduled or descheduled nationwide, all the pharma companies growing «hemp» for CBD will already have marijuana farms in operation in terms of environment, feeding, harvest, processing, and distribution.
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