Pharma Industry

Pharma Industry 30/06/2011

A moving target: social media & trial recruitment

Recruiting patients for clinical trials is increasingly tricky. The Internet has opened up a new source of potentially willing participants, since so many seek health info online.

Pharma Industry 30/06/2011

R&D spending in India is projected to mushroom

Last year, the pharmaceutical industry spent about $2 billion on assorted R&D activities in India, but that figure is expected to reach a whopping $25 billion by 2025.

Pharma Industry 24/06/2011

Supreme Court rejects generic drug labeling suits

The Supreme Court ruled that generic drug companies cannot be sued under state law over allegations that they failed to provide adequate label warnings about potential side effects.

Pharma Industry 22/06/2011

Concert Pharmaceuticals announces milestone achievement in GlaxoSmithKline collaboration

Concert Pharmaceuticals announced that it has achieved a milestone in its strategic alliance with GlaxoSmithKline for its HIV protease inhibitor development program, resulting in a $4 million milestone payment to Concert.

Pharma Industry 21/06/2011

Collaboration portal shaves 20-30% off trial times, says Wipro

A new cloud-based portal that oils the wheels of collaborative exchange between sponsors, contract research organisations, clinical sites, investigators and regulators in multi-region clinical trials can reduce cycle times by 20-30%.

Pharma Industry 16/06/2011

Drugmakers set aside rivalries to lift products

The rise of combination treatments and tailored therapies is giving drugmakers even more incentive to team up, beyond seeking ways to limit the risks and costs of drug development.

Pharma Industry 15/06/2011

Synageva merges with Trimeris in all-stock deal

Trimeris is now looking for a partner for its next-generation fusion inhibitor TRI-1144, for which an IND was filed in September 2008.

Pharma Industry 15/06/2011

Gilead under investigation over manufacture of drugs

Gilead Sciences has received a subpoena from the US Department of Justice related to "the manufacture, and related quality and distribution practices" of most of its products.

Pharma Industry 15/06/2011

Indian regulator calls for central drug pricing

India's National Pharmaceutical Pricing Authority (NPPA) has told the government that the prices of patented medicines should be negotiated by a central agency and based on a reference pricing system.

Pharma Industry 15/06/2011

US and EU link faster pharma R&D initiatives

Europe's Innovative Medicines Initiative (IMI) and the US Critical Path Institute (C-Path) have signed a Memorandum of Understanding (MoU) to further accelerate the development of safer and more effective medicines.

Pharma Industry 11/06/2011

Progress in overcoming market access barriers slow

The ongoing economic situation and the shift from prescriber to payer are continuing to raise concerns for the pharma industry when it comes to market access, but there is limited progress to overcome these obstacles, a new report says.

Pharma Industry 09/06/2011

Lilly to settle fight over drug seizures

To settle a bitter dispute over seizures of generic meds at a Dutch airport, Eli Lilly is about to make an undisclosed payment to several Indian generic drugmakers.

Pharma Industry 08/06/2011

Drug firms go online to test and sell medicines

Prompted by the soaring cost of developing and marketing their medicines, drug companies are embracing the Internet in a bid to drive down costs.

Pharma Industry 07/06/2011

Drug firms cut vaccine prices to the developing world

Several major drugs companies have announced big cuts to the amounts they charge for their vaccines in the developing world.

Pharma Industry 02/06/2011

Drug-price decision threatens U.K. investment, industry says

Pharmaceutical companies are protesting a U.K. government decision on drug pricing that their lobbying group says may prompt more of them to scale back operations in Britain.

Pharma Industry 02/06/2011

Why pharma's patents are a drug on the market

Senator Bernie Sanders proposes a major reform of the way we pay for prescription drugs and fund research. He's patently right.

Pharma Industry 23/05/2011

Indian drug firms use S.Africa to access continent

India's pharmaceutical industry has rolled out a strong local presence in South Africa, cornering a large share of the market and using the country as a base to gush a flood of cheap generic drugs into Africa.

Pharma Industry 19/05/2011

Generics "will halve global annual drug spending growth to 2015"

Worldwide spending on medicines will reach nearly $1.1 trillion by 2015, but with average annual growth slowing to 3%-6% over the period compared to 6.2% during the last five years, a new study forecasts.

Pharma Industry 11/05/2011

Ranbaxy beats forecasts with 68% plunge in Q1 profit

India's largest pharmaceutical company Ranbaxy Laboratories booked a 68% plunge in profit for the first quarter, though the fall was not as much as analysts expected.

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