Big Pharma, rejoice: China aims to speed up approvals for new meds
19 August 2015
Relations between China and foreign drugmakers have been thawing for a while, with the country announcing late last year that it would toss out restrictive price caps and streamline drug approvals for U.S. companies. Now, China is throwing multinational drugmakers another bone with plans to reduce lengthy approval times for innovative drugs.
India, EU scramble to resolve drug ban so trade talks don't go down the drain
19 August 2015
When EU regulators banned about 700 products from India over concerns that clinical trials by an Indian CRO were flawed, it put an estimated $1 billion worth of Indian exports at risk. But Europe says it is sure the problems can be worked out after Indian Prime Minister Narendra Modi started playing tough by cancelling discussions over restarting trade negotiations
Will docs jump on new biosims? Survey shows they'll need some nudging
19 August 2015
Drugmakers are well aware of the biosimilars threatening to steal sales and market share from some of the world's best-selling biologics. Doctors, though? Not so much, a new report suggests.
18 August 2015
Today, MIT Technology Review revealed its annual list of Innovators Under 35. For over a decade, the global media company has recognized a list of exceptionally talented technologists whose work has great potential to transform the world. For her work in the field of biotechnology and medicine, Epic Sciences' Dena Marrinucci, Ph.D., has been recognized as an entrepreneur on the list for her groundbreaking work in developing and advancing a new technology to unlock the promise of using a simple blood test, called a liquid biopsy, to manage cancer treatments.
China FDA issues software guidelines on medical devices effective this month
18 August 2015
China FDA has issued guidelines on registering medical device software that took effect this month that require detailed reporting as part of registration and supervision.
Who exports Russian medicines; where are they sent?
18 August 2015
The American pharmaceutical company Abbott purchased Veropharm, the Russian manufacturer of generic drugs, last year. Their plan is to begin exporting medicines manufactured in Russian plants. German and French pharmaceutical companies in Russia are also looking to raise exports.
How the NHS Is Locking Out Britain's Digital-Health Startups
18 August 2015
Peter Hames was born in the northern English city of Leeds, educated at Oxford, and founded a digital health startup in London in 2010. Six months ago, he and his company moved to San Francisco.
NICE plots takeover of England's Cancer Drugs Fund
18 August 2015
England's Cancer Drugs Fund (CDF) has been sliding down a slippery slope lately, dealing with budget overruns and backlash from drugmakers and patients unhappy with the fund's decision to ax certain meds from its list. Now, in light of these problems, the country's cost watchdogs are planning to take the reins and give the fund a much-needed makeover.
Pharma M&A, investment in Russia leading to exports, RBC Daily says
17 August 2015
U.S.-based Abbott Laboratories ($ABT) is among a number of companies that hope to leverage acquisitions in Russia into exports, with other players such as India's Lupin among other potential firms to look to ship wider abroad.
The top 5 vaccine makers by 2014 revenue
17 August 2015
Longtime industry watchers will recognize the names on 2014's list of top vaccines producers. With the industry's noted barriers to entry, the players are well established--however, a recent EvaluatePharma analysis estimates that the race for vaccines is about to heat up. The report predicts that the top four firms by 2020 are expected to be within less than one percentage point of market share of each other, and last year's developments in the field may have set the stage for that contest. Here, we break down the top 5 vaccines producers of 2014.
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