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STAT+: Pharmalittle: We’re reading about a key Merck drug trial, cheap Wegovy in China, and more

STAT

patent expires in 2028. For Merck, the new under-the-skin, or subcutaneous, formulation could represent a major way of holding on to a larger share of Keytruda’s $25 billion in annual sales than would otherwise occur when a U.S.

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EMA publishes EU strategy to 2028

European Pharmaceutical Review

A draft joint EU network strategy to 2028 has been published by the European Medicines Agency (EMA) and the Heads of Medicines Agencies (HMA). The overarching theme of our updated strategy to 2028 is that of change – rapid, somewhat unpredictable but nonetheless full of promise.

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Europe’s pharmaceutical packaging market to value over $35bn by 2028

European Pharmaceutical Review

billion in 2028, according to a report by Arizton. percent up to 2028. percent between the forecast period: 2023 and 2028. percent between the forecast period 2023-2028. Europe’s pharmaceutical packaging and labelling market is projected to reach $35.78 Having been valued at $27.04 percent in 2022.

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STAT+: Grail announces layoffs as it looks to push forward blood-based cancer detection test

STAT

In a press release, the company said that the cuts would help it extend its cash reserves from the second half of 2026 into 2028. The Bay Area biotech brought in $32 million during the quarter but also reported a net loss of $1.6 Continue to STAT+ to read the full story…

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Pharmaceutical data and analytics market to grow to $2.1 bn by 2028: GlobalData

Express Pharma

billion by 2028, driven by data and content management, according to GlobalData. According to GlobalDatas latest report, Market and Opportunity Forecast to 2028, Data and Analytics 2024, the total global data and analytics market is forecast to increase at a compound annual growth rate (CAGR) of 9.5 per cent in 2028.

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STAT+: Lawmaker accuses Amgen of placing profits above patients with dosing for a cancer drug

STAT

Last December, the agency determined the confirmatory trial was not acceptable and asked the company to run yet another trial, which must be completed by February 2028.

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

STAT

The company also said that it plans to break even by 2028, when it expects it will reach annual sales of $6 billion. The announcement was made ahead of a meeting being held by Moderna on Thursday to update investors on its research and development efforts. Continue to STAT+ to read the full story…