Roche’s Xofluza gets FDA approval for influenza prevention
The US Food and Drug Administration (FDA) has approved a supplemental New Drug Application (sNDA) for Roche’s Xofluza (baloxavir marboxil)…
25 Nov 2020
Purdue Pharma pleads guilty to three criminal charges
Opioid maker Purdue Pharma has pleaded guilty in federal court in Newark, New Jersey, to criminal charges over the handling of its OxyContin painkiller drug. During the court hearing, Purdue…
25 Nov 2020
EU reaches deal to buy 160 million doses of Moderna’s Covid-19 vaccine
The European Union (EU) has reached a deal to procure up to 160 million doses of US biotech Moderna’s experimental Covid-19 vaccine candidate. EU Commission President Ursula von der Leyen…
24 Nov 2020
Companies should be free to bid on federally funded healthcare contracts: Poll
Drug products intended for the US market are increasingly being produced at offshore locations prompting legislators to call for reshoring of production. Verdict has conducted a poll to assess whether…
24 Nov 2020
Joe Biden’s win and democratic control over Congress will lead to lower healthcare costs: Poll
Healthcare spending in the US is the highest among any other developed nations in the world. Verdict has conducted a poll to assess whether the US election outcome will lead…
24 Nov 2020
HiFiBiO, Pharmsynthez and IBCh sign Covid-19 antibody development deal
HiFiBiO Therapeutics has entered into a partnership with Pharmsynthez and Shemyakin and Ovchinnikov Institute of Bioorganic Chemistry RAS (IBCh) to develop and commercialise its SARS-CoV-2 neutralising antibody, HFB30132A, for Covid-19…
24 Nov 2020
Merck agrees to buy biopharma firm OncoImmune for $425m
Merck (MSD) has signed a definitive agreement to acquire all outstanding shares of clinical-stage biopharmaceutical firm OncoImmune through a subsidiary, for an upfront payment of $425m in cash. Under the…