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Three pharma groups have filed a federal lawsuit seeking to block a Trump administration final rule allowing imports of Canadian prescription drugs into the United States. Read More
The European Commission (EC) has entered into an advance purchase agreement with Moderna for up to 160 million doses of its COVID-19 vaccine candidate, mRNA-1273, which has demonstrated 94.5 percent efficacy in a phase 3 clinical trial. Read More
Bankrupt pharma major Purdue Pharma pled guilty in federal court yesterday to multiple criminal charges related to its promotion of the opioid painkiller OxyContin (oxycodone) and agreed to pay more than $8 billion in fines and penalties, with the company’s owners, the Sackler family, agreeing to pay another $225 million. Read More
The U.S. is ready to distribute Pfizer’s COVID-19 vaccine despite its need for extremely cold temperatures, Gen. Gustave Perna, chief operating officer of Operation Warp Speed, said yesterday, adding that the company is taking a “very aggressive approach” to testing the distribution strategy. Read More
In observance of the Thanksgiving holiday, Drug Industry Daily will not be published Thursday, Nov. 26, or Friday, Nov. 27. The next issue will be published Monday, Nov. 30. Read More
The National Institutes of Health (NIH) should disclose more information about the licensing of its intellectual property and the impact on the affordability of drug products, the Government Accountability Office said in a new report to Congress. Read More
Merck is expanding further into the biotech sector by acquiring Rockville, Md., biopharma company OncoImmune for $425 million, netting in the process an investigational drug that has shown promise as a treatment for hospitalized COVID-19 patients. Read More
UK regulators are reviewing the latest data on the Pfizer/BioNTech COVID-19 vaccine candidate and aim to decide on an approval “in the shortest time possible, without compromising the thoroughness of our review,” the agency’s top official said yesterday. Read More
Regeneron has won Emergency Use Authorization (EUA) from the FDA for its investigational antibody cocktail for the treatment of patients with mild-to-moderate COVID-19 symptoms at high risk of severe disease progression or hospitalization — and an initial 30,000 doses are expected to ship today. Read More