Sat.Apr 06, 2024 - Fri.Apr 12, 2024

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STAT+: Colorado lawmakers revise effort to exempt rare disease drugs from state cost caps

STAT

In response to controversy, a group of Colorado lawmakers is abandoning a bill that would have required a new state board — which is chartered with setting caps for the cost of medicines — to create exemptions for rare disease drugs. Continue to STAT+ to read the full story…

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STAT+: Pharmalittle: We’re reading about a 486% drug price hike, AstraZeneca CEO pay, and more

STAT

… In an era when huge price hikes for prescription drugs are almost guaranteed to draw criticism, is there any circumstance when a 486% increase for a medicine might appear to be justified? Novartis plans to cut up to 680 jobs in its product development organization , Reuters notes. over the next two to three years.

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Patent expiration to drive biosimilars market expansion to 2032

European Pharmaceutical Review

Key drivers for the market include patent expirations of several biologic drugs and increasing demand for affordable biologic treatments, the author explained. Expirations of biologic patents has enabled manufacturers to enter the market and offer lower-cost alternatives of these drugs, according to the report. million by 2032, at 17.6

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Pfizer’s plot to win the RSV vaccine race

STAT

Want to stay on top of the science and politics driving biotech today?    Sign up  to get our biotech newsletter in your inbox. Hello, everyone. Damian here with an update on the biotech market, a look at the future of genome editing, and the evolving definition of “insider trading.” ” Read the rest…

Vaccines 266
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What about the company Vertex didn’t buy?

STAT

Want to stay on top of the science and politics driving biotech today?    Sign up  to get our biotech newsletter in your inbox. Hello, everyone. Damian here with what is my final edition of The Readout on my last day at STAT.

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Gas prices are hurting biotech

STAT

Damian here with a look at a biotech deal with a lengthy backstory, the tyranny of gas prices, and the latest shakeup at BIO. Want to stay on top of the science and politics driving biotech today?    Sign up  to get our biotech newsletter in your inbox. Hello, everyone. Read the rest…

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STAT+: Pharmalittle: We’re reading about AstraZeneca CEO pay, alternatives to WuXi and more

STAT

Enjoy, and see you soon… Western drug makers are talking to alternative suppliers in response to draft U.S. legislation seeking to restrict an important Chinese drug developer and manufacturer over national security concerns , The Financial Times explains. Or simply plan the rest of your life. But be safe.