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Pharmaceutical industry trade group PhRMA pulled in a whopping $526.6 million in revenue in 2019, $68 million more than the non-profit took in the year before, according to federal tax disclosures made public this month. Read More
New drugs for breast cancer, leukemia, hepatitis B and myelofibrosis may be available to European patients soon, as the European Medicines Agency’s Committee for Medicinal Products for Human Use (EMA/CHMP) recommended that the agency approve 15 new drugs, including two biosimilars and four generics, at its Dec. 7-10 meeting. Read More
A coalition of hospital groups has filed a lawsuit alleging that HHS failed to ensure that drugmakers offer discounted medications to covered entity hospitals under the 340 drug discount program. Read More
Supported by promising phase 1 data, CureVac announced Monday that it has enrolled the first participant in the pivotal phase 2b/3 study of its messenger-RNA based coronavirus vaccine, CVnCoV. Read More
Researchers with the UK’s multi-armed RECOVERY trial have determined that the widely used antibiotic azithromycin was not beneficial for patients hospitalized with COVID-19 and are discontinuing their evaluation of the drug. Read More
Canada administered its first shots of Pfizer/BioNTech’s COVID-19 vaccine to frontline healthcare workers Monday as coronavirus vaccinations also got underway in the U.S. Read More