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STAT+: Pharmalittle: We’re reading about unsupported drug price hikes, an annual HIV prevention shot, and more

STAT

Such a medicine, if proven effective, would be the closest thing to a vaccine the HIV field has produced in four decades of research. The company plans to begin the trial next year, with an eye toward regulatory filings in late 2027.

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Novavax reaches settlement with UK Health Security Agency over COVID-19 vaccine agreement

Express Pharma

Novavax said on Tuesday that it has entered into a termination and settlement agreement with the UK Health Security Agency (UKHSA) related to its COVID-19 vaccine supply agreement. million over a three-year period, ending on June 30, 2027, a filing showed. Novavax has agreed to refund $123.8 The first installment payment is due on Nov.

Vaccines 103
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Rapid microbiology testing market growth expected 2022 to 2027

European Pharmaceutical Review

percent between 2022 and 2027. ” Growing focus on drug and vaccine discovery and development, recent advances in biotechnology and pharmaceutical research and the presence of several US market players offering a wide range of microbial testing products are aiding the growth of the market, the report found. and rqMicro AG.

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STAT+: Moderna touts research progress as it cuts R&D spending by $1.1 billion

STAT

billion, between 2024 and 2027 in a concession to investors who have viewed the company’s outlays following its pandemic-era windfall as profligate. Moderna said Thursday it would cut its annual spending on research and development by 23%, or $1.1

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Type 1 diabetes market to reach $9.9 bn in 7MM by 2033

Express Pharma

The late-stage T1D pipeline consists of several agents, including Eli Lillys insulin efsitora alfa, which is anticipated to launch in 2027.

Diabetes 105
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Manufacturing facility expansion to advance next-gen vaccine

European Pharmaceutical Review

Overall, the goal of expanded facility is to strengthen [SK biosciences] manufacturing capabilities for global supply [of the pneumococcal conjugate vaccine candidate GBP410]” SK bioscience has announced its manufacturing plant L HOUSE, in Andong, Gyeongsangbuk-do, South Korea, is set to have a facility expansion.

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Pfizer’s Covid-19 vaccine sales forecasts upgraded with sales of $37bn in 2022

Pharmaceutical Technology

Pfizer and BioNTech’s Covid-19 vaccine, Comirnaty, had a phenomenal year with forecast sales of $37bn in 2022. Comirnaty is the leading prophylactic vaccine for Covid-19 and is expected to generate an additional $2.8bn in sales in 2022 compared to GlobalData’s H1 2022 forecast. Comirnaty is the first globally approved Covid-19 vaccine.