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Listen: VC struggles, drug pricing negotiations, & Novo’s abrupt Wegovy decision

STAT

How will we know if the the government gets a good deal in the first round of drug pricing negotiations? And has Allison thought about anything other than venture capital for the last couple of months? We discuss all that and more on this week’s episode of “The Readout LOUD.”

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Op-ed: IRA Drug Price Controls Will Hurt Cancer Drug Development

Safe Biologics

Op-ed: IRA Drug Price Controls Will Hurt Cancer Drug Development On May 18th, an op-ed by ASBM Steering Committee Member Andrew Spiegel ran in the Reading Eagle. Unfortunately, the new drug-pricing rules enacted in the Inflation Reduction Act will stymie efforts to develop new cancer treatments.

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Op-ed: IRA Drug Price Controls Will Hurt Cancer Drug Development

Safe Biologics

Op-ed: IRA Drug Price Controls Will Hurt Cancer Drug Development On May 18th, an op-ed by ASBM Steering Committee Member Andrew Spiegel ran in the Reading Eagle. Unfortunately, the new drug-pricing rules enacted in the Inflation Reduction Act will stymie efforts to develop new cancer treatments.

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Ahead of Medicare drug price reform, pharma’s drug pricing has a Streisand effect

STAT

Want to stay on top of the science and politics driving biotech today?    Sign up  to get our biotech newsletter in your inbox. Hello, everyone. Damian here with a look at some polarizing cancer data, a strange CEO transition, and the importance of New Year cheer. Read the rest…

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STAT+: ‘We don’t agree’ on drug pricing policy, FDA chief tells biotech leaders

STAT

BOSTON — The drug industry has spent the past year speaking against new mechanisms that could limit how much governments or insurers pay for certain new medicines. Robert Califf, the Food and Drug Administration chief, walked on stage Wednesday and told a crowd of biotech leaders that drug costs needed fixing.

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STAT+: Nektar Therapeutics sues Lilly for ‘misconduct’ in drug development deal

STAT

A behind-the-scenes feud over a drug development program erupted into public view as Nektar Therapeutics filed a lawsuit accusing Eli Lilly of undermining a project in favor of another deal.

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Bernie Sanders plans more drug price caps as big pharma fights back

Pharmaceutical Technology

Senator Bernie Sanders has proposed price caps on drugs developed with federal funds, following a political career battling against high drug prices.