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GlaxoSmithKline (GSK) has agreed to sell off its cephalosporin antibiotics product line to Novartis’ generics wing, Sandoz, for $350 million. Read More
The companies have decided to end their research on ziritaxestat after a review of unblinded data concluded that the drug had an unacceptable benefit-risk profile. Read More
Fresenius Kabi Oncology (FKO) has agreed to plead guilty to hiding and destroying records prior to a 2013 FDA inspection and will hand over $50 million in fines and forfeiture, the U.S. Department of Justice revealed. Read More
AstraZeneca said it is “exploring options” with German manufacturer IDT Biologika to boost the supply of its vaccine in Europe during the second quarter of the year. Read More
A Government Accountability Office (GAO) review of COVID-19 vaccine development efforts found that vaccine producers are facing significant manufacturing hurdles as they scale up operations. Read More
The U.S. government has purchased 100 million additional doses of both the Pfizer/BioNTech and Moderna messenger RNA (mRNA)-based COVID-19 vaccines in an effort by the Biden administration to ramp up inoculations. Read More
Pharma giants Teva Pharmaceuticals and Merck are currently in talks about adding their significant manufacturing capabilities to COVID-19 vaccine production, though specifics have not been disclosed at this point. Read More
Pfizer said it can cut the time it takes to manufacture its COVID-19 vaccine by almost half from 110 days to an estimated 60 days, a change that should significantly increase the speed of U.S. vaccinations. Read More