It was a short, sweaty week complete with fireworks....
RNAi is H-O-T:
Li'l biotech Alnylam dipped its fingers into another Big Pharma cookie jar this week as it brokered a $1 billion deal with Roche. (Novartis is its other partner.) This is the second deal in the past week in which a big drugmaker has plunked down a lot of change for RNA interference, or RNAi, a method of silencing harmful genes that is widely touted as drug research's next big thing. Last week, AstraZeneca paid $405 million to Silence Therapeutics; last year, Merck doled out $1.1 billion for Sirna Therapeutics....
Thailand's Patent-Busting Tear:
Thailand is ordering 2 million doses of generic Plavix from India after deeming the discounts for the blood thinner from owners Bristol-Myers Squibb and Sanofi-Aventis too stingy. Playing hardball with patents is nothing new to Thai health officials, who even forced Abbott's stubborn Miles White to say uncle in the face of compulsory-license threats over HIV drug Kaletra's price tag....
Speaking of Which:
Brazil agreed to Abbott's offer to slice the price of Kaletra by 29.5 percent in return for not resorting to cheapie knockoffs. The lower price for the first-line blockbuster will save Brazil about $10 million a year for its AIDS treatment program, which promises all people with HIV free treatment. In May, Merck's Sustiva patent was shredded by the South American tiger....
Black Box Off Antidepressants?
FDA may remove the teen-suicide stigma from Prozac and its pals amid growing noise from shrinks that the warning issued three years ago has scared off docs from treating kids for depression. The number of scrips for pediatric depression fell by more than 50 percent between 2003 and 2005, while teen-suicide seem to be rising by record numbers, a new study says....
New Drug News:
FDA OK'd the first-ever skin patch for Alzheimer's, the Exelon Patch from Novartis (an old drug with a new delivery). Etravirine, Tibotec's second treatment in as many years for drug-resistant HIV, is heading to FDA for accelerated approval....Barr Labs got the go-ahead to market a generic version of Dostinex for Parkinson's....
Another Chinese Head Rolls:
A former high-up at China's FDA has been sentenced to death for corruption and approving bogus drugs. Cao Wenzhuang was convicted of pocketing over $300,000 in bribes from two drug firms and "undermining public confidence in an agency safeguarding the nation's health." The trial was followed by the execution of his colleague, Zheng Xiaoyu, convicted on similar charges.
Fake Weight Loss Drugs: Growing Threat to Consumer Health
October 25th 2024In this episode of the Pharmaceutical Executive podcast, UpScriptHealth's Peter Ax, Founder and CEO, and George Jones, Chief Operations Officer, discuss the issue of counterfeit weight loss drugs, the potential health risks associated with them, increasing access to legitimate weight loss medications and more.
The Transformative Role of Medical Information in Customer Engagement
October 3rd 2024Stacey Fung, Head of Global Medical Information at Gilead Lifesciences, delves into the evolving role of Medical Information (MI) in the pharmaceutical industry. Covering key topics like patient engagement through omnichannel strategies, combating misinformation, and leveraging AI to enhance medical inquiries, the conversation with Stacey highlights MI's critical role in ensuring patient safety and supporting drug development. She also shares her professional journey and tidbits for early career professionals on professional development.
To Tackle the Plastic Waste Crisis in Pharma, Here’s Where to Start
October 30th 2024By demonstrating big advancements in recycling, pharma companies will be much more likely to attract shareholders and other investors, giving themselves a leg up in the competition to lead the biopharmaceutical industry well into the future.