Tue.Dec 26, 2023

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STAT+: Complications spiked 25% in hospitals bought by private equity

STAT

There’s ample evidence that private equity buyouts in health care drive up costs. A new study shows quality declines, too. Hospitals acquired by private equity saw a 25% uptick in adverse events compared with controls, according to a new study released today in the Journal of the American Medical Association. The findings add to an accumulating body of literature underscoring the harm that occurs when financial investors take over health care providers — not only hospitals, but nur

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Ractigen’s RAG-01 becomes second saRNA drug globally to advance to clinical stage: GlobalData

Express Pharma

Ractigen Therapeutics, headquartered in China, submitted a clinical trial application for RAG-01 in Australia. This application paves the way for Phase I trial of RAG-01 in patients with non-muscle-invasive bladder cancer (NMIBC) who have not responded to Bacillus Calmette-Guérin (BCG) therapy, making it globally the second saRNA drug to advance into the clinical stage, says GlobalData.

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Trending Sources

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Opinion: Does food as medicine help patients with diabetes? Here’s what a new clinical trial says

STAT

Food-as-medicine programs that address food insecurity and diet-related chronic diseases have drawn widespread attention from policymakers , payers, and health care providers. But what is the evidence that such programs work as intended? Some research suggests that food as medicine can improve health and lower health care costs, but until now there has been little evidence from randomized clinical trials.

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AstraZeneca to acquire Gracell Biotechnologies

Express Pharma

AstraZeneca has entered into a definitive agreement to acquire Gracell Biotechnologies, a global clinical-stage biopharma company developing innovative cell therapies for the treatment of cancer and autoimmune diseases. The proposed acquisition will add to AstraZeneca’s pipeline of cell therapies with GC012F, a novel, clinical-stage FasTCAR-enabled BCMA and CD19 dual-targeting autologous chimeric antigen receptor T-cell (CAR-T) therapy, a potential new treatment for multiple myeloma, as well as

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Position Your Pharmacy for Expansion

Speaker: Chris Antypas and Josh Halladay

Access to limited distribution drugs and payer contracts are key to pharmacy expansion. But how do you prepare your operations to take the next step? Meaningful data: Collect and share clinical data regarding outcomes, utilization, and more Reporting: Limited distribution models require efficient tracking and reporting systems Workflows: Align workflows with specific pharma and payer contractual requirements For in-depth, expert insights on pharmacy expansion, watch this webinar from Inovalon.

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STAT+: 3 CRISPR advances to watch in 2024

STAT

Life in the CRISPR lane tends to move at lightning speed. This year saw the first-ever approval of a medicine based on the gene editing technology, barely more than a decade after publication of its first demonstration by Nobel laureates Jennifer Doudna and Emmanuelle Charpentier. The landmark decision paves the way for in vivo therapies, which edit cells inside the body, to reach patients, as well as treatments based on more efficient genome editors with fancier DNA-altering tricks up their sle

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Informa Markets organises CPHI & PMEC India 2023 successfully at India Expo Centre

Express Pharma

Informa Markets in India recently organised the CPHI & PMEC India 2023 at the India Expo Centre in Greater Noida, Delhi-NCR. A statement from Informa markets informed, “As the largest and most exhaustive pharma industry gathering in South Asia, CPHI and PMEC India expo, drew an overwhelming positive response, attracting over 48,000 attendees from 120+ countries in a vast 100,000 sq m exhibition space.

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Clear Vision in Nutraceuticals: Unveiling the Journey from Source to Shelf

Express Pharma

Industry leader Sameer Joshi, COO & CCO, Cepham Inc., US, moderates an intriguing conversation between Len Monheit, CEO, Trust Transparency Center, and Jon Benninger, Vice President, Informa Markets US. The discussion centers on ‘Exploring the Critical Need for Transparency in the Nutraceutical Supply Chain: A Deep Dive into the Importance of Source Verification, Manufacturing Processes, and Regulatory Compliance to Ensure Product Quality and Consumer Safety.

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STAT+: 3 medtech trends to watch in 2024

STAT

It’s been a slow year for medtech. Major deals in 2023 were scarce, funding was hard to come by, and valuations were down. On the policy side, the industry grappled with changing AI regulations, reimbursement woes, and device sterilization rules. Here are three political and market forces that shaped the medtech industry last year, and are worth paying attention to in 2024: Lobbying power of AI, software-enabled devices Medtech lobby AdvaMed announced earlier this month that the major med

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BMS agrees to acquire Karuna Therapeutics for $14bn

Pharmaceutical Technology

Bristol Myers Squibb (BMS) has signed a definitive agreement for the acquisition of Karuna Therapeutics for $14bn in cash.

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STAT+: Bristol Myers will pay $4.1 billion for cancer startup RayzeBio

STAT

Bristol Myers Squibb will pay $4.1 billion for RayzeBio, the companies said Tuesday, buying into the fast-growing field of using targeted doses of radiation to treat cancer. RayzeBio, which raised about $350 million in a September initial public offering, is working in radiopharmaceuticals , which pair the tumor-killing power of radiation with the precision of targeted cancer therapies.

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5 Reasons to Upgrade Your Pharmacy Management Software

Are you still using workarounds to manage your daily operations? To achieve peak performance, it's time to explore other options for specialty and infusion pharmacy software. Streamline pharmacy operations and improve clinical performance with automated processing, real-time data exchange, and electronic decision support. Download this helpful infographic to: Drive efficiency and patient adherence from referral receipt to delivery and ongoing care – all with our Pharmacy Cloud.

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Investing in healthspan: A prescription for prosperity

pharmaphorum

Exploring the powerful collaborations between scientists, investors, and the medical community in finding breakthrough treatments for major diseases, and the notion of 'healthspan'

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Biosimilar Deals Updates: Biocon, AstraZeneca

Big Molecule Watch

As an update to our previous report , Biocon Biologics Ltd. (a subsidiary of Biocon Ltd.) announced the successful completion of the transition of the acquired biosimilars business in approximately 120 countries, a year ahead of schedule. On December 18, 2023, IAVI, a global nonprofit scientific research organization, and Spanish biopharmaceutical company Biofabri, a subsidiary of Zendal, announced that the Bill & Melinda Gates Foundation has awarded IAVI $55 million to conduct a Phase IIb t

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Exploring the reasons behind increasing burdens on clinical research sites

pharmaphorum

In the first of a five-part festive instalment of the pharmaphorum podcast, web editor Nicole Raleigh speaks with Advarra’s chief product officer, Elisa Cascade, about the reasons behind increasing burdens on clinical research sites over the last five years.

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CRISPR Regulatory Updates

Big Molecule Watch

On December 15, 2023, Vertex announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a positive opinion for the conditional approval of CASGEVY (exagamglogene autotemcel [exa-cel]), a CRISPR/Cas9 gene-edited therapy, for the treatment of severe sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT).

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New patent for Purdue Pharma drug HYSINGLA ER

Drug Patent Watch

Annual Drug Patent Expirations for HYSINGLA+ER Hysingla Er is a drug marketed by Purdue Pharma Lp and is included in one NDA. It is available from one supplier. There are… The post New patent for Purdue Pharma drug HYSINGLA ER appeared first on DrugPatentWatch - Make Better Decisions.

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Eugia Pharma gets USFDA nod for posaconazole injection, 300 mg/16.7 mL, single-dose vial

Express Pharma

Aurobindo Pharma’s wholly owned subsidiary company, Eugia Pharma Specialities, has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Posaconazole Injection, 300 mg/16.7 mL (18 mg/mL), Single-Dose Vial, which is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Noxafil Injection, 300 mg/16.7 mL (18 mg/mL), of Merck Sharp & Dohme LLC (Merck).

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New patent for Blueprint Medicines drug AYVAKIT

Drug Patent Watch

Annual Drug Patent Expirations for AYVAKIT Ayvakit is a drug marketed by Blueprint Medicines and is included in one NDA. It is available from one supplier. There are three patents… The post New patent for Blueprint Medicines drug AYVAKIT appeared first on DrugPatentWatch - Make Better Decisions.

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FDA grants priority review for Daiichi Sankyo-Merck’s lung cancer therapy

Pharmaceutical Business Review

A HER3 targeting DXd antibody-drug conjugate (ADC), patritumab deruxtecan is intended for usage in patients with locally advanced or metastatic EGFR-mutated NSCLC, who have been treated with two or more systemic treatments earlier. The regulatory agency accepted the BLA, with a decision on the drug approval anticipated on 26 June 2024. The latest development comes after the FDA awarded breakthrough therapy designation for patritumab deruxtecan in December 2021.

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New patent expiration for Woodward drug COREG CR

Drug Patent Watch

Annual Drug Patent Expirations for COREG+CR Coreg Cr is a drug marketed by Woodward and is included in one NDA. It is available from four suppliers. There are two patents… The post New patent expiration for Woodward drug COREG CR appeared first on DrugPatentWatch - Make Better Decisions.

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Workshop: International Pharma Marketing Career Development

PharmaState Academy

Registrations, Starting Soon! WORKSHOP International Pharma Marketing Career Development Workshop Session 1: Foundation & Industry Understanding January 21, 2024 11:30 AM - 12:30 PM Days Hours Minutes Seconds What will you learn? As you will join us for ‘Session 01: Foundation and Industry Understanding’, we shall explore the educational pathways and qualifications necessary to succeed in the pharmaceutical industry.

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Burns

RX Note

Introduction Burns are characterized as First degree - Red/painful, minor swelling. Second degree - Thicker, very painful, produce blisters. Third degree - Damage to all layers of skin, appears white or charred. The Need of Referral Burns from chemical or electricity exposure or in immunosuppressed patients should be referred for emergency medical care.

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AstraZeneca buys Chinese cancer therapy firm Gracell for $1.2bn

The Guardian - Pharmaceutical Industry

Gracell Biotechnologies acquisition marks China’s growing importance to the Anglo-Swedish drugmaker AstraZeneca has struck a deal to buy a Chinese cancer therapy company for up to $1.2bn (£950m), as Britain’s biggest drugmaker expands its footprint in its second-largest market. The Anglo-Swedish pharmaceutical firm announced on Tuesday it would acquire Gracell Biotechnologies, which is focused on a type of cancer therapy known as CAR-T that modifies a patient’s cells to fight the disease.

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AZ makes another cell therapy play with $1.2bn Gracell buy

pharmaphorum

AstraZeneca agrees a $1.

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Top 5 AI Stories of 2023

PharmExec

As this exciting technology exploded in 2023, Pharm Exec was there to cover it all.

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ABBV-400 by AbbVie for Head And Neck Squamous Cell Carcinoma (HNSC): Likelihood of Approval

Pharmaceutical Technology

ABBV-400 is under clinical development by AbbVie and currently in Phase I for Head And Neck Squamous Cell Carcinoma (HNSC).

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Top 5 Most Popular Cold Chain Articles of 2023

Pharmaceutical Commerce

Items in this sector ranged touched on topics such as pharma shipping, container technology, and sustainability.

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Exarafenib by Kinnate Biopharma for Non-Small Cell Lung Cancer: Likelihood of Approval

Pharmaceutical Technology

Exarafenib is under clinical development by Kinnate Biopharma and currently in Phase I for Non-Small Cell Lung Cancer.

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Top Social Media Trends of 2023

PharmExec

Five trends in pharmaceutical marketing from the past year.

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MRTX-1719 by Mirati Therapeutics for Biliary Tumor: Likelihood of Approval

Pharmaceutical Technology

MRTX-1719 is under clinical development by Mirati Therapeutics and currently in Phase II for Biliary Tumor.

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A Record Year for Disease Elimination

PharmaTech

WHO provides a look at the world’s health as the agency turns 75.

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Difficult biotech investment ecosystem forces focus on value

Pharmaceutical Technology

In 2023, investors pursued pharmaceutical assets with value amidst an unstable economic environment.

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Top 5 Pharmacy Times Clostridioides difficile Articles of 2023

Pharmacy Times

From newsworthy moments to groundbreaking research, these were the most-read Clostridioides difficile-related articles on Pharmacy Times in 2023.

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NVG-111 by NovalGen for Mantle Cell Lymphoma: Likelihood of Approval

Pharmaceutical Technology

NVG-111 is under clinical development by NovalGen and currently in Phase I for Mantle Cell Lymphoma.

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Top 5 Pharmacy Times Cardiovascular Articles of 2023

Pharmacy Times

From newsworthy moments to groundbreaking research, these were the most-read cardiovascular-related articles on Pharmacy Times in 2023.

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AWT-020 by Anwita Biosciences for Sarcomas: Likelihood of Approval

Pharmaceutical Technology

AWT-020 is under clinical development by Anwita Biosciences and currently in Phase II for Sarcomas.

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