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At least one major drug distributor could join the fray to ship COVID-19 vaccine shots across the country and offer some slack to McKesson, the firm currently handling distribution of Moderna’s vaccine, as a third vaccine candidate appears close to authorization. Read More
Novartis CEO Vas Narasimhan said the company is looking to help other companies scale up production of COVID-19 vaccines and treatments and is currently in talks with “key players.” Read More
Novavax has announced interim results from a phase 3 UK trial that showed its COVID-19 vaccine candidate, NVX-CoV2373, demonstrated 89.3 percent efficacy but faltered in a separate study that evaluated the vaccine for the South Africa variant. Read More
The Federal Trade Commission (FTC) has filed a lawsuit against Endo Pharmaceuticals and Impax Laboratories alleging that a 2017 agreement between the companies violated the antitrust laws by eliminating competition in the market for an extended release opioid, oxymorphone ER. Read More
Emergent Biosolutions has entered into an agreement to manufacture Humanigen’s lenzilumab, a potential treatment for COVID-19, ahead of an emergency use filing expected early this year. Read More
Civica Rx, a two-year-old nonprofit organization founded by hospitals and philanthropic groups to address generic drug shortages in the U.S., announced it will build its first manufacturing facility. Read More
Merus will spearhead the early development of oncology drugs, using its proprietary drug platform, while Eli Lilly’s Loxo Oncology subsidiary will provide additional research and marketing. Read More
Lawmakers who want to tackle sky-high drug prices are going to have lots of new ammunition, thanks to the new hospital drug pricing transparency rule from the Centers for Medicare and Medicaid Services (CMS) and the analyses that are now starting to appear because of it. Read More
Pfizer and BioNTech have struck a supply deal with the World Health Organization (WHO)-backed COVAX program, pledging to ship up to 40 million doses of their COVID-19 vaccine this year for an undisclosed price. Read More
Eli Lilly has agreed to pay Dutch drugmaker Merus up to $1.6 billion to develop novel T-cell re-directing bispecific antibodies for treating various cancers. Read More