This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Sam Crowther, founder and CEO of cybersecurity company Kasada, tells us about a recent discovery his company made that revealed tens of thousands of accounts with prescription drug attachments in major online pharmacies had been compromised. Detection of fraudulent activity. “The [implications of these stolen accounts] are twofold.
Anti-inflammatory drugs like Restasis and Xiidra are popular treatment options for the condition, but will the emergence of mask-associated dry eye bolster their sales? But if you thought the growing number of patients presenting with mask-associated dry eye would mean higher sales for Restasis, think again.
Maraoui said the company’s dermatology-focused sales force is “now preparing for a successful launch and to establish Emrosi as a new standard of care in the treatment of rosacea.” Journey Medical plans to make Emrosi available by early 2025 through dermatology clinics and pharmacies across the US.
Neurocrines hit drug generated $613 million in sales during the third quarter and is projected to reach $2.3 The company said Crenessity will be available through specialty pharmacy PANTHERx Rare in order to centralize and simplify fulfillment of prescriptions for the drug. billion in revenue by 2024.
billion, primarily linked to initiating Phase III trials for petrelintide as a stand-alone therapy, with sales-based milestones that could push the total value to $5.3 Under the deal, Zealand Pharma will receive an upfront cash payment of $1.65 billion $1.4 billion at closing and an additional $250 million over the first two anniversaries.
Around the world, women are making important contributions to lifesciences. In this series, we chart the career progression of notable women across the industry to find out what drew them to study science and how we can encourage more women to consider a role in STEM. What inspired you to pursue a career in lifesciences?
With the new Health and Care Bill edging ever closer to receiving Royal Assent, lifesciences companies in the UK are preparing to navigate the most significant piece of NHS legislation in a decade. After qualifying as a pharmacist, Jim worked across many sectors of pharmacy both in the UK and internationally.
Compounded GLP-1 medications, created by specialized pharmacies under a special US Food and Drug Administration (FDA) allowance due to ongoing shortage, have become increasingly popular for weight loss. The report also shows a rapid rise in compounding pharmacies.
Among the companies Lilly has accused of selling non-US Food and Drug Administration (FDA) approved compounded products “fraudulently claiming to be Mounjaro” are medical spas, wellness centers and compounding pharmacies. Mounjaro, a dual GLP-1/GIP agonist was approved in May 2022 for type 2 diabetes.
In October 2024, the agency announced that the shortage of tirzepatide had been resolved with Zepbound and Mounjaro making it back on pharmacy shelves. Late last year, Zepbound brought in $1.26 billion in the third quarter and $1.9 billion in the fourth quarter, which were lower than both company and analyst expectations.
With the remarkable success of its semaglutide products Wegovy and Ozempic for weight loss and type 2 diabetes, respectively (the latter also for weight loss through off-label prescribing), Novo Nordisk is cracking down on pharmacies making compounded versions of the glucagon-like peptide-1 (GLP-1) receptor agonist drugs.
The agency said if the companies fail to respond within the given time frame, it may pursue legal action, which could include seizing the products and/or a court order requiring the company to stop manufacturing or sale of the unapproved product. The FDA routinely looks out for illicit drugs on the market.
The past two years have shone a spotlight on the UK lifesciences industry. These efforts, as Nadhim Zahawi rightly said when he was Vaccines Minister, have led to the lifesciences and pharma industry becoming a UK national treasure. An industry that will forever play a greater role in our everyday lives.
Diabetes remains a critical global challenge, affecting millions of lives and commanding significant attention from the medical, lifesciences and pharmaceutical sectors. Read on to learn more about the top 15 diabetes drugs in 2023, based on 2022 sales statistics. mL subcutaneous solution (2 mg/1.5 billion in Q4 2022.
Dwindling college pipeline: The already short supply of pharmacists and pharm techs is further strained by the decreasing number of pharmacy grads entering the industry. A top 10 pharmacy school doesn’t always breed the best candidates, nor does having experience working at a “top-tier” company. Recruiting.
Lifesciences companies need to rethink their customer engagement paradigms in light of changing customer preferences. Amazon is making a serious global move into healthcare delivery with the acquisition of PillPack, and its recent launch of Amazon Pharmacy. No more ‘business as usual’ for pharma’s customer engagement.
Related: Compounded Versions of Mounjaro Being Sold at Pharmacies and Spas Prompt Lawsuits “Patient safety is Lilly’s highest priority. It implored state and federal regulators to take action and “punish compounding pharmacies, counterfeiters and others who put patients at risk by selling unsafe products claiming to be tirzepatide.”
As interchangeable biosimilars, the intravitreally (in the eye) administered solutions can be subbed for the reference product Eylea at a pharmacy counter without needing a prescription. As one of Regeneron’s best-selling drugs, US sales of Eylea were approximately $5.89 In 2022, global Eylea sales hit $9.6 billion in 2023.
In October 2022, Xtalks celebrated two decades of bringing diverse stakeholders in the lifescience industry together through first holding physical events, then soon after, hosting exclusively online events. More potential patients equal more prescriptions which equals higher sales and bigger profits.
In 2023, Arexvy captured two-thirds of US RSV vaccine sales, largely through contracts with major pharmacies. While sales have dipped this year, GSK remains the dominant player, supported by Phase III data and continuing global expansion efforts. This has reportedly led to a two-thirds drop in vaccine demand this season.
Gilead Sciences has been seizing counterfeit versions of its HIV drugs Biktarvy and Descovy since last year and is now suing distributors who have been behind selling the illicit medications. The drugs were sold to US pharmacies by an unauthorized web of distributors who faked bottle labels and documentation, threatening patient safety.
In this blog, we highlight the top 20 best-selling neurology drugs to watch in 2024, based on 2023 sales statistics. We discuss each drug’s approved uses, sales performance and why they’ve become essential in the neurology space. Related: Top 30 Drugs to Watch in 2024: Insights from 2023 Sales Data 1. billion in the US and $4.1
While Mounjaro and Zepbound are back in stock, they’re still listed as unavailable on Lilly’s third-party provider Amazon Pharmacy. Novo also reported an increase of 25 percent in sales in the first half of 2024, totaling 133.4 billion Danish kroner ($27.07
This supporting documentation is no longer required if: the drug has been previously authorized by the SAP for the same medical emergency; the drug is authorized for sale without terms and conditions ( e. any drug identification number or natural product number previously issued for the drug has not been cancelled for safety reasons.
While most post-marketing activities are typically oriented towards marketing, sales, and commercialization of the drug, pharmacovigilance is fundamentally patient-centric, focusing on the safety and efficacy of pharmaceutical products once they reach the market.
While good news for users, the FDA decision sparked a heated response from the compounding pharmacy sector, which has filed a lawsuit against the agency claiming its actions were arbitrary and unlawful. During this time, compounding pharmacies were permitted to produce lower-cost versions of the injectable medications. “The
Related: Senator Maggie Hassan Blasts GSK for Discontinuing Common Children’s Asthma Inhaler to Dodge Price Cap Verona said it is “fully staffed to launch” and expects Ohtuvayre to be available in the third quarter of 2024 “through an exclusive network of accredited specialty pharmacies.” billion by 2029.
More than 60 percent of participants encountered delays or issues when refilling their GLP-1 prescription, often resulting in switching pharmacies, skipping or reducing doses or changing brands. By 2029, the drugs are expected to dominate the market, capturing 83 percent of sales, with Eli Lilly’s Mounjaro predicted to lead.
The other interim orders include: Interim Order Respecting the Importation and Sale of Medical Devices for Use in Relation to COVID-19 (signed March 18, 2020). Interim Order Respecting the Importation, Sale and Advertising of Drugs for Use in Relation to COVID-19 (signed September 16, 2020). Interim Order Context.
percent of US sales revenue from Niktimvo. Syndax said it anticipates that the 110 mg and 160 mg tablets of Revuforj will be available for purchase in the US through a network of specialty distributors and pharmacies starting in November. The agreement will conclude once Royalty Pharma achieves 2.35 times its initial investment.
In a company presentation, Apellis revealed the list price of Syfovre to be $2,190 per vial before discounts and said it would be made available through specialty distributors and pharmacies across the US. The drug generated an estimated $65 million in net sales in 2022. The company expects to launch the drug this month.
Ashish Jha, dean of the Brown School of Public Health and the former White House COVID-19 response coordinator, told CNN that a self-administered flu vaccine option could be even more accessible if it were available to buy on pharmacy shelves, rather than through a gatekeeper.
Such inorganic growth is no longer viable, argues Pervaise Khan, Accenture’s UK LifeSciences Lead. This team will need to be equipped to develop novel science and technologies, while also evaluating and managing collaborations that provide access to these assets. About the Author. References. [1] March 2022. [2]
Over the last 20 years, Kapoor has led Indegene’s sales and business development efforts in the APAC region, including China and the European and North American regions. He holds a bachelor’s degree in Pharmacy from St. Prior to joining Indegene, Kapoor held various marketing positions in the Indian pharma industry. About the author.
Related: Top 15 Cardiovascular Disease Drugs in 2023 by 2022 Sales Data Merck said Winrevair will likely be available by the end of April through select specialty pharmacies in the US. In 2023, sales of Uptravi hit $1.6 Merck has set the list price of Winrevair at $14,000 per vial. The PAH market was valued at $7.3
Not surprisingly then, payers feel the pain: increased focus on financial consideration causes friction between pharmacy benefit managers, payers, HCPs and patients. Even with New Science’s more effective, personalised treatments, there isn’t enough money in the system to pay for them”. About the author.
Educational Requirements and Recommendations Typically, individuals in these roles are either medical doctors (MDs), pharmacists with a doctor of pharmacy degree (PharmD) or hold doctorates of philosophy (PhDs). Medical science liaisons are in great demand due to their critical function within lifescience organizations.
It is specifically approved as an interchangeable biosimilar, which means it may be substituted for the original product at the pharmacy level by a pharmacist without the need for a healthcare professional to prescribe the change. billion in sales, accounting for ten percent of Johnson & Johnson’s revenue.
Since it is now designated by the FDA as an “interchangeable” product, Byooviz may be substituted at the pharmacy for the reference product without the intervention of the prescribing healthcare provider, according to state law.
Since its approval in May 2022, Mounjaro sales have hit $1.4 In the first half of 2023, sales of Ozempic and Wegovy rose by 58 percent and 363 percent, respectively. Related: Compounded Versions of Mounjaro Being Sold at Pharmacies and Spas Prompt Lawsuits Zepbound will be available at a list price of $1,059.87
Its sale was never approved in the US because the FDA did not think sufficient testing had taken place. The healthcare and lifescience sectors have the opportunity to promote and publicize such initiatives widely, so everyone can understand how researchers are being guided in their work and how trials are conducted.
Abbott Laboratories reported that the sales from its Diagnostics and Medical Device divisions in 2022 surpassed the company’s initial forecast. The remarkable performance in 2022 was driven largely by the sales of COVID-19 testing kits, including the BinaxNOW COVID-19 Ag test and its at-home self-test version. percent from $27.06
As a subset of biosimilars, interchangeable biological products can be substituted for the reference product at the pharmacy level, without the input of the prescribing physician. What is an Interchangeable Biological Product?
This means they can be substituted for the reference product at a pharmacy without the need for instruction from a prescriber. According to Amgen’s last earnings report , Prolia sales increased 12 percent last year to more than $4 billion, and Xgeva’s jumped five percent from last year to $2.1
We organize all of the trending information in your field so you don't have to. Join 21,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content