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STAT+: ‘Learning each other’s language’: FDA, patent office seek to work together to lower drug prices

STAT

But like any pharmaceutical company with an eye toward the future, Celgene continued to seek other ways to wring profits from its development work. Not long after the patent was awarded, the company leveraged federally funded research and began investigating different forms of the compound, called Revlimid.

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Bristol Myers, bracing for key patent losses, deepens cost-cutting plan

BioPharma Dive

The pharmaceutical company plans to cut $2 billion in annual expenses by the end of 2027 through “operational efficiencies across multiple areas of the business,” its CFO told analysts on a conference call.

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New US fill finish facility receives $4.1 billion investment

European Pharmaceutical Review

This is compared to the company’s $3.9 (DKK Completion is expected between 2027 and 2029. Currently, worldwide, the pharmaceutical company has a five production sites in Denmark, US, France, Brazil and China, the company noted. billion investment appeared first on European Pharmaceutical Review.

Diabetes 104
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Amgen opens its most advanced manufacturing facility to date

European Pharmaceutical Review

The facility has been designed to meet the highest environmental sustainability standards, to help Amgen’s reach its target of carbon neutrality in all operations by 2027, the company noted. The post Amgen opens its most advanced manufacturing facility to date appeared first on European Pharmaceutical Review.

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Eli Lilly plans to invest $450m at production site in Research Triangle Park

Pharmafile

US-based pharmaceutical company, Eli Lilly and Company, has announced plans to invest $450m in its manufacturing facilities at Research Triangle Park in North Carolina, US. The facility is expected to become operational in 2027 and will create over 100 new jobs for manufacturing personnel. read more

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COPD market to reach $30.8 billion in 7MM by 2033: GlobalData

Express Pharma

Nawab concludes, “While the COPD market is projected to grow strongly in the forecast period, potential barriers to this growth include loss of exclusivity within the forecast period, and the introduction of the $35 inhaler cap in the US observed by several pharmaceutical companies in the US.

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Novo Nordisk investing in rare disease with major new manufacturing site

European Pharmaceutical Review

Novo Nordisk is planning a new investment, which marks the first time this millennium that the pharmaceutical company breaks ground in Denmark by establishing a new production site. Construction is expected to be finished in 2027, the pharma company confirmed. A total of DKK 8.5