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And the findings may provide further impetus for legislative action to curb practices that critics say contribute to the rising cost of prescription drugs. For the second time in less than a year, the U.S.
How will we know if the the government gets a good deal in the first round of drugpricing negotiations? And has Allison thought about anything other than venture capital for the last couple of months? We discuss all that and more on this week’s episode of “The Readout LOUD.”
BOSTON — The drug industry has spent the past year speaking against new mechanisms that could limit how much governments or insurers pay for certain new medicines. Robert Califf, the Food and Drug Administration chief, walked on stage Wednesday and told a crowd of biotech leaders that drug costs needed fixing.
can stay competitive in science, biomedical innovation, and drugdevelopment. We’ve Sign up to get our biotech newsletter in your inbox. Good morning, there’s been a lot of discussion lately about how the U.S. We’ve got several pieces of news relevant to that issue today.
Also, Moderna’s RSV vaccine efficacy seems lackluster compared to competitors, and the Bernie Sanders drugpricing song-and-dance did not seem to faze pharma CEOs. Our podcast this week centers exclusively on a tantalizing subject: Artificial intelligence in biotech. Give it a listen. Read the rest…
Extending patent protection doesn’t just stretch a drug’s profits — in some cases, doing so can lead to its most significant revenue period, according to a recent analysis published by the Initiative for Medicines, Access & Knowledge, or I-MAK, a nonprofit advocating for drugpricing reforms.
He hopes to use his experience across the drugdevelopment process to improve the biotech industry’s reputation in Washington, following a bruising lobbying fight the industry lost when Democrats gave Medicare the power to negotiate drugprices, and the organization’s messy separation from its former CEO last year.
The fact that a charity — and not a biopharma company — now has the rights to the medicine is a reflection of the bleak situation the gene therapy field has found itself in, and how other groups, from nonprofits to academic researchers , are trying to mend the failures of the drugdevelopment system.
Damian here with a look at a resurgence in psychiatric drugdevelopment, a big day for biotech stocks, and some innovation in the world of quarterly earnings. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning, everyone.
Gilead Sciences will no longer provide four HIV medicines for free as part of a patient assistance program starting at the end of January, alarming community activists who worry the move will limit access and, consequently, impede nationwide efforts to combat the infectious disease.
Damian here with an in-depth preview of a certain annual biotech conference, a look at the cutting edge of obesity drugdevelopment, and year’s first IPO filing. Sign up to get our biotech newsletter in your inbox. Good morning, everyone. Read the rest…
but its contributions to drugdevelopment are not well understood or recognized by most Americans. The National Institutes of Health may be the largest public funder of biomedical research in the U.S.,
spending on prescription drugs was almost $800 billion. Although low-cost generic drugs filled 91% of all prescriptions, the 9% of prescriptions filled with a branded medicine accounted for 84% of drug spending. In 2024, total U.S.
For the second consecutive year, the pharmaceutical industry saw its reputation slip among patient advocacy groups, largely due to ongoing concerns over pricing issues, according to a new survey.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Today, we talk about the likely confirmation of FDA nominee Marty Makary, go in-depth on NIH nominee Jay Bhattacharya, and see how much 23andMe CEO Anne Wojcicki is willing to pay for her own company.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. This is Meghana. Hope those of you who were in San Francisco for J.P. Morgan are resting, recovering, and not coping with any quad-emic strains.
Today, we discuss Madrigal’s impressive launch of its MASH drug Rezdiffra, see psychedelics player Compass Pathways shed 30% of its staff, and more. This story first appeared in The Readout newsletter. Morning!
Today, we dive into the implications of the ongoing cuts to various health and science agencies… It’s a doozy. Oh, and if you like talking about neuroscience and happen to be near San Diego this weekend, come hang with me and my colleagues at STAT@AAN : The Future of Brain Health. Read the rest…
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 drugdeveloper and manufacturer over national security concerns , The Financial Times explains. But be safe. The Biosecure Act would prohibit U.S.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Morning, all! Today, we talk about the future of the BIOSECURE Act, layoffs at Recursion, and more.
Also, compounding pharmacies fire back at Novo Nordisk for its assertion that GLP-1 drugs are too difficult to compound. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. This is our last edition of the Readout until January 3, so I hope you have a lovely holiday! A thought: If you’re strapped for gift ideas, you could always gift three months to STAT+ for $10.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. I’m still recovering from yesterday, when Chicago was reportedly colder than Antarctica. I hope you’re all staying warm wherever you are. Let’s get into the news today.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. I’m writing to you from San Diego, where STAT held an event during the American Academy of Neurology annual meeting this past weekend.
Good morning, we’ve got a bunch of news this morning about GLP-1 drugs, compounding, and biotechs’ interactions with the FDA. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Let’s get into it. Read the rest…
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Today, STAT’s Matthew Herper chats with J&J’s R&D chief, we see the radiopharmaceutical Pluvicto being considered earlier for prostate cancer, and more.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning! Ready for JPM? We’ll be on the ground and covering it in-depth next week. Please note: This newsletter will be dropping into your inbox in the afternoon instead of in the morning.
According to a 2021 study by the Tufts Center for the Study of DrugDevelopment, the average cost to develop a new drug is a staggering $2.6 A robust patent strategy often involves filing multiple applications at different stages of drugdevelopment. billion[1].
I’ll be talking with researchers about the potential of using GLP-1 drugs for neurological conditions, and my Readout co-writer Meghana will be chatting with BMS’ head of development about the launch of their new schizophrenia drug Cobenfy. Want to stay on top of the science and politics driving biotech today?
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning, we’re seeking nominations for our annual Wunderkinds list, which aims to honor some of the most promising early-career scientists out there.
Also, Novo Nordisk challenges Medicare over drug differentiation, and more. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Today, we talk lots about tariffs — how they might impact drugmakers, patients, and even Ireland.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. It’s been one year since I began co-authoring this newsletter!
Then, in 2018, she finally found a drug that kept her ADHD in check. STAT is co-publishing this article by Tradeoffs. Lisa Ann Trainor struggled to stay on top of schoolwork, hold a job or even perform basic tasks like laundry for six exhausting years. Continue to STAT+ to read the full story…
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. STAT published an investigation this morning on the untold story of the Human Genome Project and ethics concerns surrounding the ambitious project. Check it out here.
Lots on the table today about AI-driven drug discovery, including some startups to watch in this space. Also, we’ve updated our obesity drug tracker and we talk about Gilead’s new cancer deal. Want to stay on top of the science and politics driving biotech today? Read the rest…
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. Here in Chicago, temperatures are high and tensions are even higher as two major hot dog restaurants are reportedly beefing.
We discuss that, and also some big policy developments that are coming this week. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. I hope everyone had a restful Memorial Day weekend.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Today, we talk about the uptick in physicians using ctDNA to determine if resected cancers are truly gone, we see the FDA offering new guidelines for Covid-19 vaccines, and more. Read the rest…
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Buenos dias! Writing from one of the more unique locations in my tenure as a Readout author… Hola from a mercado in Mexico City.
We also see Ionis win approval for a new drug, which means it will start bringing its commercialization efforts in-house. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Today, we have the highly anticipated CagriSema results.
Rise and shine, everyone, another hot day is on the way. The forecast – at least on this side of the pond – is warning us to find some shade. So to prepare, we are grabbing a parasol and, naturally, brewing a few cups of stimulation to see us through. Our choice today is orange creme.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. STAT is running a promo this week — you can get 40% off an annual subscription with the discount code STAT40. Learn more here. Read the rest…
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