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Articles for Drugmakers

Drugmakers and pharmacists battle over who gets to make obesity drugs
1 month ago

Drugmakers and pharmacists battle over who gets to make obesity drugs

NPR  

Drugmakers and pharmacists battle over who gets to make obesity drugs toggle caption James Manning/PA Images/Getty Images Ozempic and similar drugs for Type 2 diabetes and weight loss are in such high demand that the drugmakers have had a hard time keeping up. "Everybody knows that… injections are going to come off the shortage list eventually and patients need to …

Drugs Patients Drug Fda Novo Nordisk Npr Sponsor Message
US Drugmakers Reassess China Supply Chains as Geopolitical Tensions Rise
1 month, 3 weeks ago

US Drugmakers Reassess China Supply Chains as Geopolitical Tensions Rise

Live Mint  

US drugmakers are breaking up with their Chinese supply-chain partners due to geopolitical tensions. The Biosecure Act, which gives the government the ability to ban companies that receive government funds or contracts from doing business with a list of Chinese companies of concern, has raised concerns about the supply of raw materials for pharmaceuticals. Many US and European drugmakers rely …

Business Government Science Law
Drugmakers say obesity medicine shortages are easing, but patients struggle to fill prescriptions
3 months, 2 weeks ago

Drugmakers say obesity medicine shortages are easing, but patients struggle to fill prescriptions

NPR  

Drugmakers say obesity medicine shortages are easing, but patients struggle to fill prescriptions toggle caption Michael Siluk/Getty Images Bill Coombs, who lives in Boston’s South End, has lost 28 pounds since he started using the obesity drug Wegovy. They recently said that their drugs are “available” again with the exception of the starting dose of Novo Nordisk’s Wegovy. ” Novo …

Drugs Supply Patients Drug Novo Nordisk Wegovy Npr
Mississippi sues drugmakers and pharmacy benefit managers over opioids
3 months, 3 weeks ago

Mississippi sues drugmakers and pharmacy benefit managers over opioids

Associated Press  

— The state of Mississippi is suing drug manufacturers and pharmacy benefit managers alleging that opioids were over-prescribed. It names 13 companies as defendants and says they participated in “the worst man-made epidemic in modern medical history.” Pharmacy benefit managers run prescription drug coverage for clients including health insurers and employers that provide coverage. The Mississippi lawsuit says pharmacy benefit …

State Mississippi Pharmacy Benefit Managers Opioids
Gene therapy may cure rare diseases. But drugmakers have few incentives, leaving families desperate
6 months ago

Gene therapy may cure rare diseases. But drugmakers have few incentives, leaving families desperate

Associated Press  

Robin Alderman faces an agonizing reality: Gene therapy might cure her son Camden’s rare, inherited immune deficiency. “I just feel responsible to help them.” Families’ pain Camden Alderman, 21, who has a rare disease called Wiskott-Aldrich syndrome, holds some of the drugs and medical equipment he uses near his home in Greensboro, N.C., Wednesday, June 12, 2024. While he doesn’t …

Europe Disease Rare Therapy Gene Patients Families
RSS-linked MSME Group Slams Pharma Ministry for 'Calling Small Drugmakers Not Reputable'
6 months ago

RSS-linked MSME Group Slams Pharma Ministry for 'Calling Small Drugmakers Not Reputable'

News 18  

A recent email from the Department of Pharmaceuticals has allegedly upset micro, small, and medium enterprises by asserting that small drugmakers are “not the most reputable ones”, News18 has learnt. “Small ho to reputation nahi hai?” Rajesh Gupta, India head of Laghu Udyog Bharati, which is a Rashtriya Swayamsevak Sangh-affiliated body focused on micro, small and medium enterprises, told News18. …

India Industry Companies Gupta Scheme Email Msme
Build your plants in Russia, Moscow tells Indian drugmakers
6 months, 2 weeks ago

Build your plants in Russia, Moscow tells Indian drugmakers

Live Mint  

New Delhi: Sanctions-hit Russia is looking to India for drug security at a time of shortages triggered by its war in Ukraine, a government official aware of the matter said. Moscow has proposed financial support for Indian companies ready to build facilities in Russia, and is seeking higher pharmaceutical exports from India to meet domestic demand, the official said on …

India Russia Indian Companies Exports Pharmaceutical Pharma
Ayurvedic, Other Traditional Drugmakers Under the Scanner as Ayush Ministry Issues Warning on Misleading Ads
7 months, 4 weeks ago

Ayurvedic, Other Traditional Drugmakers Under the Scanner as Ayush Ministry Issues Warning on Misleading Ads

News 18  

This comes in the wake of the controversy involving Patanjali’s misleading Giving details about all laws and rules that cover misleading “Any misleading claim or The ministry has ordered state drug licensing officials to examine all such drugs claiming to be “certified or approved by Ministry of Ayush”, either on the label or in the While the ministry clarified that …

Drugs Ministry Drug Act Ayush Advertisements Misleading Advertisements
Drugmakers' low U.S. taxes belie their high sales
8 months, 1 week ago

Drugmakers' low U.S. taxes belie their high sales

NPR  

Drugmakers' low U.S. taxes belie their high sales Enlarge this image toggle caption Jim Watson/AFP via Getty Images Jim Watson/AFP via Getty Images Tax day is here. Sponsor Message Moving money around An NPR examination of financial records for the top five drug companies in the U.S. showed that in 2023, all but Eli LIlly reported losing money in the …

Tax Taxes Companies Pay Drug Low Npr
The FTC is attacking drugmakers’ "patent thickets"
10 months, 3 weeks ago

The FTC is attacking drugmakers’ "patent thickets"

Salon  

The Federal Trade Commission has challenged the validity of over 100 drug product patents, focusing on devices used to deliver medicines, like inhalers and autoinjectors, in an effort to increase competition and potentially lower some prices. “Companies who haven’t received a letter from us challenging a patent shouldn’t think they’re off the hook.” “The underlying statute is not clear about …

Drug Fda Kff Ftc Generic Patents Drugmakers
South Africa, Colombia and others are fighting drugmakers over access to TB and HIV drugs
1 year, 1 month ago

South Africa, Colombia and others are fighting drugmakers over access to TB and HIV drugs

Associated Press  

CAPE TOWN, South Africa — South Africa, Colombia and other countries that lost out in the global race for coronavirus vaccines are taking a more combative approach towards drugmakers and pushing back on policies that deny cheap treatment to millions of people with tuberculosis and HIV. In the COVID-19 pandemic, rich countries bought most of the world’s vaccines early, leaving …

Health Africa Treatment Access South Africa Colombia Vaccines
US names 10 prescription drugs subject to price negotiations
1 year, 3 months ago

US names 10 prescription drugs subject to price negotiations

Al Jazeera  

Move is expected to cut costs for some patients but faces lawsuits from drugmakers and heavy criticism from Republicans. US President Joe Biden’s administration has released a list of 10 prescription medicines that will be subject to the first-ever price negotiations by the United States Medicare health programme, a move that could affect tens of millions of people. Biden’s signature …

Medicare Drugs Price Drug Prescription
FDA, DEA call on drugmakers to boost manufacturing amid ongoing shortage of prescription stimulants
1 year, 4 months ago

FDA, DEA call on drugmakers to boost manufacturing amid ongoing shortage of prescription stimulants

CNN  

CNN — Amid an ongoing shortage of prescription stimulants in the US, federal agencies are calling on drugmakers to boost manufacturing and on health care providers to closely monitor prescribing practices. “The FDA and DEA do not manufacture drugs and cannot require a pharmaceutical company to make a drug, make more of a drug, or change the distribution of a …

Dea Cnn Drug Fda Shortage Prescription Boost Manufacturing
'Probes Brought Bad Name to Indian Drugmakers': RSS-affiliated MSME Lobby Writes to Health Ministry, Then Retracts
1 year, 5 months ago

'Probes Brought Bad Name to Indian Drugmakers': RSS-affiliated MSME Lobby Writes to Health Ministry, Then Retracts

News 18  

Rashtriya Swayamsevak Sangh affiliate Laghu Udyog Bharati wrote to the central government to immediately “stop” inspections at pharmaceutical firms, calling these much-required checks a “death sentence” for micro and small firms. In its letter, the Laghu Udyog Bharati, which representing micro and small industries in over 400 districts, said “draconian risk-based inspections is unjust and, in a way, huge discouragement …

Health Drugs Industry Indian Pharma Rbi Cdsco
Explained | Why are Indian drugmakers under the lens?
1 year, 5 months ago

Explained | Why are Indian drugmakers under the lens?

The Hindu  

The story so far: Since October last year, Indian pharma companies have been under constant international scrutiny for exporting allegedly contaminated drugs, which have led to deaths of children. Recently, Nigeria raised the red flag on two oral drugs; Cameroon too sounded an alarm over another cough syrup reportedly made in India when several children died. For instance, Ms. Jhaveri …

India Drugs Manufacturing Nigeria Indian Hindu Pharma
Drugmakers are abandoning cheap generics, and now U.S. cancer patients can’t get meds
1 year, 6 months ago

Drugmakers are abandoning cheap generics, and now U.S. cancer patients can’t get meds

LA Times  

A growing shortage of common cancer treatments is forcing doctors to switch medications and delay care. “Your roof is caving in, but you want to build a basketball court in the backyard because your wife is pregnant with twin boys and you want them to be NBA stars when they grow up?” “It’s just a travesty that this is the …

Health Cancer Patients California Premier Fda Moore
Merck sues federal government, calling plan to negotiate Medicare drug prices extortion
1 year, 6 months ago

Merck sues federal government, calling plan to negotiate Medicare drug prices extortion

Associated Press  

Merck is suing the federal government over a plan to negotiate Medicare drug prices, calling the program a sham equivalent to extortion. Instead, it said the U.S. Department of Health and Human Services selects drugs to be included and then dictates the price, threatening drugmakers with “a ruinous daily excise tax” if they decline to agree. Instead, Merck said the …

Medicare Drugs Plan Federal Program Federal Government Merck
Merck sues federal government, calling plan to negotiate Medicare drug prices ‘extortion’
1 year, 6 months ago

Merck sues federal government, calling plan to negotiate Medicare drug prices ‘extortion’

LA Times  

The company takes issue with a plan to negotiate Medicare drug prices. Merck is suing the federal government over a plan to negotiate Medicare drug prices, calling the program a sham equivalent to extortion. Instead, it said the U.S. Department of Health and Human Services selects drugs to be included and then dictates the price, threatening drugmakers with “a ruinous …

Medicare Drugs Prices Price Plan Federal Drug
China’s covid drugmakers' shares surge amid concern over new wave
1 year, 8 months ago

China’s covid drugmakers' shares surge amid concern over new wave

Hindustan Times  

Growing concerns that China may be facing a new Covid wave fueled a surge in shares of the nation’s drugmakers Monday as the public fretted over waning immunity. Read here: Indians among those evacuated by France from war-torn Sudan Xinxiang Tuoxin Pharmaceutical Co. jumped as much as 20% in Shenzhen, while Hybio Pharmaceutical Co. rallied 15%. Meanwhile, Zhang Wenhong, one …

China Pharmaceutical Covid Wave Wave Subsided Surge Amid
U.S. government to start imposing inflation penalties on drugmakers in 2025
1 year, 10 months ago

U.S. government to start imposing inflation penalties on drugmakers in 2025

The Hindu  

The U.S. government will begin imposing penalties in 2025 on drug companies that charge its Medicare program prices that rise faster than inflation, the Centers for Medicare & Medicaid Services said on Thursday. The agency issued initial guidance on how it will implement a provision in President Joe Biden's signature Inflation Reduction Act that penalizes drugmakers for raising prices faster …

Medicare Inflation Drug Price
S. Carolina bill shielding death penalty drugmakers advances
1 year, 10 months ago

S. Carolina bill shielding death penalty drugmakers advances

Associated Press  

COLUMBIA, S.C. — Republicans’ quest to resume executions in South Carolina overcame another hurdle Thursday. The state Senate Corrections and Penology Committee approved a bill that would shield the identities of the companies that dispense the drug cocktail used to execute people on death row. Recent sessions have seen futile attempts to begin executing the state’s death row prisoners — …

Death South Carolina South Republican State Carolina Malkin
India-Australia FTA: Cipla, Lupin, Sun And Other Top Drugmakers to Go Down Under in Bid to Push Up Exports
1 year, 11 months ago

India-Australia FTA: Cipla, Lupin, Sun And Other Top Drugmakers to Go Down Under in Bid to Push Up Exports

News 18  

India is looking at greater market access for its pharmaceutical products in Australia as its top drugmakers are set to visit the country in the first week of February, News18.com has learnt. The tour is a part of the pharmaceutical supply chain resilience initiative following India’s free trade agreement with Australia. All the top drugmakers of India such as Sun …

India Australia Pharmaceutical Drug Fta
Speedier drug approvals hit slowdown as FDA faces scrutiny
2 years ago

Speedier drug approvals hit slowdown as FDA faces scrutiny

Associated Press  

WASHINGTON — Expedited drug approvals slowed this year as the Food and Drug Administration’s controversial accelerated pathway came under new scrutiny from Congress, government watchdogs and some of the agency’s own leaders. But last year’s accelerated approval of a much-debated Alzheimer’s drug touched off a new round of criticism, including investigations of FDA’s decision making by federal inspectors and Congress. …

Cancer Drugs Congress Drug Recent Studies Approval
From SOS Calls to No Buyers, Drugmakers Struggle With Excess Stock of Covid Drugs as Cases Wane
2 years, 1 month ago

From SOS Calls to No Buyers, Drugmakers Struggle With Excess Stock of Covid Drugs as Cases Wane

News 18  

With Covid-19 almost waning, Indian pharma companies are struggling with the excess stock of key drugs that were in demand during the pandemic, News18.com has learnt. The lobby of more than 7.5 lakh chemists across India says the stock of over Rs 5 crore has been returned to pharma companies after noticing a major dip in sales of these drugs. …

India Drugs Industry Cases Materials Stock Raw Materials