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Digital transformation can accelerate drug development and discovery process

Express Pharma

For example, in February 2020, BenevolentAI, a company specialising in the application of AI and machine learning in drug discovery and development, used its AI drug discovery platform to identify approved drugs that could potentially be used against COVID-19 infection, facilitating faster repurposing of existing drugs.

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STAT+: The ADC hot streak continues: J&J to buy cancer drug developer Ambrx Biopharma

STAT

Johnson & Johnson said Monday that it would purchase Ambrx Biopharma for nearly $2 billion, picking up a company specializing in targeted chemotherapy treatments — one of the hottest areas of cancer drug development.     The deal, disclosed as the biopharma field marked the first day of the annual J.P.

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Opinion: STAT+: What the Sandoz CEO is thinking about the 2024 elections

STAT

As Election Day 2024 gets closer, STAT’s First Opinion asked executives from leading biotech and pharmaceutical companies to reflect on how their industry is being portrayed in the presidential campaign — and what their hopes are for a new presidential administration.    With all eyes currently on the upcoming U.S.

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How to Develop a Sustainable Generic Drug Development Strategy

Drug Patent Watch

This article outlines key considerations and strategies for developing a sustainable generic drug development strategy. Pfizer, for example, has been applying green chemistry principles in drug development for over two decades to reduce waste, minimize resource use, and develop energy-efficient manufacturing processes.

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Opinion: Reduce drug spending by drastically simplifying monopolies on drugs

STAT

In 2024, total U.S. spending on prescription drugs was almost $800 billion. Although low-cost generic drugs filled 91% of all prescriptions, the 9% of prescriptions filled with a branded medicine accounted for 84% of drug spending.

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Opinion: STAT+: Eli Lilly chief scientist Daniel M. Skovronsky: Beware elected leaders who would weaken patents

STAT

As Election Day 2024 gets closer, STAT’s First Opinion asked executives from leading biotech and pharmaceutical companies to reflect on how their industry is being portrayed in the presidential campaign — and what their hopes are for a new presidential administration. You

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Why CG Oncology will be the first test of 2024’s IPO waters

STAT

Damian here with an in-depth preview of a certain annual biotech conference, a look at the cutting edge of obesity drug development, and year’s first IPO filing.   Sign up  to get our biotech newsletter in your inbox. Good morning, everyone. Read the rest…