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STAT+: Biden makes drug pricing a central part of his deficit reduction plans

STAT News

WASHINGTON — President Biden made lowering drug prices a key part of his budget with proposals to expand Medicare drug price negotiation, squeeze more rebates out of drug companies, and lower the cost of insulin for everyone with insurance. The request made Thursday also details a $7.2

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Aptar makes digital health play, agreeing deal to buy Voluntis

pharmaphorum

Illinois-headquartered Apar – which makes inhalers, syringe components, eye drop bottles and other delivery systems for pharmaceuticals, cosmetics and other sectors – is paying €8.70 per share in the initial deal, which will give it a 64.6% stake in the company. The deal values Voluntis at around $79 million (around $95 million).

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Biosimilars vs. Interchangeable Biological Products: FDA Fact Check

XTalks

While there are currently six biosimilars for AbbVie’s Humira (adalimumab) that have been approved by the regulator, the company’s patents prevent biosimilars from being launched until 2023. The regulator allows biosimilars to show slight differences in clinically inactive components of a product.

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Top 5 Foods Banned in Europe

XTalks

This is because the US has more lenient food ingredient regulations, potentially exposing consumers to carcinogens and harmful chemicals. Using rBST results in higher concentrations of insulin-like growth factor 1 (IGF-1), a protein typically present in milk.

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Former FDA Commissioner Gottlieb says ‘Canadians have safe drugs’

Pharmacy Checkers

It could be done through special waivers or general regulation. It should be a general regulation so that there’s no gray about the policy and Americans don’t have to go through unnecessary red tape to go buy a more affordable prescription drug. For people who take insulin, especially to treat type 1 diabetes, this could be lifesaving.

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New Type 2 Diabetes Drug Brenzavvy Wins FDA Approval

XTalks

The Federal Food, Drug, and Cosmetic Act (FFDCA) gives the FDA the legal authority to approve drugs for both humans and animals. A drug intended for use in animals is called a new animal drug and the FDA’s Center for Veterinary Medicine (CVM) approves and regulates new animal drugs.

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The Drug Reimportation Law Curtails Wholesale Not Personal Importation: Who Knew?

Pharmacy Checkers

On behalf of Prescription Justice, I submitted comments to the FDA in response to its request for public comments on its draft guidance called: “Importation of Certain FDA-Approved Human Prescription Drugs, Including Biological Products, under Section 801(d)(1)(B) of the Federal Food, Drug, and Cosmetic Act: Draft Guidance for Industry.”.

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