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In a brief statement , the Belgian Competition Authority alleged that Roche offered financial incentives to hospitals between 2017 and 2020 to deter them from considering competitive bids from other pharmaceuticalcompanies that could supply similar medicines.
Anyone picking up a prescription from their pharmacy is used to the reams of paper that typically accompany it: information on safety, storing, and how to use the drug. What if that information also included your medicine’s carbon footprint?
The BIOSECURE Act would prohibit many biotech and pharmaceuticalcompanies from conducting certain research and development activities, including the manufacturing of drugs through named Chinese companies. Protecting that information and being able to make our own medicines should be a national priority.
Pharmaceutical drug names are more than just a label - they're a carefully crafted code that conveys essential information about the medication. But what drives this complex system, and how do pharmaceuticalcompanies ensure that their drug names meet the strict guidelines set by regulatory agencies?
WASHINGTON — The Biden administration is making its opening offers to pharmaceuticalcompanies in its brand-new Medicare drug price negotiation program on Thursday, administration officials said. And that’s about all they said.
The Food and Drug Administration has scolded Merz Pharmaceutical for making misleading claims on Instagram about the safety and effectiveness of an injectable treatment for smoothing facial lines, the fifth time this year the agency has taken a pharmaceuticalcompany to task for its marketing.
A loophole in prescription drug regulation exposes American consumers to false and misleading claims of drug ads via on-line businesses promoting potent drugs without accurate information about their risks and benefits. Many countries prohibit direct-to-consumer advertising of prescription drugs.
Drug patents are a form of intellectual property protection that grants pharmaceuticalcompanies exclusive rights to manufacture, sell, and profit from their innovations for a set period. This exclusivity is the lifeblood of the industry, allowing companies to recoup their substantial R&D investments and fund future discoveries.
As pharma companies wrestle with how and when to use wearables and other digital technologies to measure how their experimental drugs impact patients, clinical research giant Icon has acquired HumanFirst, which helps companies answer exactly those sorts of questions.
But how can you unlock these strategic investment opportunities in the pharmaceutical industry? Here are a few key considerations: Stay informed : Keep a close eye on upcoming patent expirations and their potential impact on the market. The question is: are you ready to capitalize on the next big opportunity?
The internet is a vast resource of information on health and wellness. However, not all of this information is created equal. Some of it is accurate and reliable, while other information may be misleading or even harmful. This is especially true when it comes to pharmaceutical-sponsored health information.
government agency warned Sanofi that it faces sanctions over plans to change the way payments are made to most hospitals participating in a drug discount program, the third time in recent months that a major pharmaceuticalcompany has been threatened with such a step. Continue to STAT+ to read the full story…
… Some health care experts and doctors worry that an Eli Lilly plan to offer its Zepbound weight-loss drug directly may make it easier than ever for pharmaceuticalcompanies to target patients with their products, regardless of whether the medicine is the right treatment for a particular individual , The New York Times explains.
This creates little financial incentive for pharmaceuticalcompanies to invest in antibiotic research. The role of pharmaceuticalcompaniesPharmaceuticalcompanies are at the forefront of combating AMR. The ICMR emphasises the importance of continuous surveillance of antimicrobial susceptibilities.
The incident raises questions about financial ties between Sarepta and the group, Parent Project Muscular Dystrophy, and whether the company uses its money to influence, or even muzzle, debate over its Duchenne medicines. The treatments, acquired in a $3.1 reduction in weight compared with a placebo after four weeks.
This chart shows the pharmaceuticalcompanies with the most suspension dosed drugs. The companies with the most suspension dosed drugs are: TARO HIKMA HARROW EYE NOVITIUM PHARMA AMNEAL BAUSCH AND LOMB PHARMAFAIR SANDOZ ALPHARMA US PHARMS NOVARTIS For more information on how DrugPatentWatch can help […] Source
The Rise of Integrated CDMOs The global biotechnology and pharmaceutical services outsourcing market size was valued at $70.48 As a result, many companies are turning to integrated CDMOs to simplify their outsourcing processes and improve efficiency. billion in 2022 and is expected to grow at a compound annual growth rate of 5.3%
Identifying branded drugs with a low likelihood of generic entry has become a crucial strategy for companies looking to expand their product portfolio through in-licensing. This approach not only helps maintain market exclusivity but also ensures a steady revenue stream for pharmaceuticalcompanies.
Three industry bodies have produced a joint position paper highlighting recommendations for adopting a harmonised implementation of electronic Product Information (ePI) leaflets. It will also enable more patient-centric and accessible content by providing the most up-to-date information.
Conducting an effective market analysis is crucial for pharmaceuticalcompanies, policymakers, and healthcare professionals to understand the market dynamics and make informed decisions. This article will discuss the key strategies and… Source
In India, pharmaceuticalcompanies responded to global environmental concerns and government mandates by adopting greener manufacturing techniques. Indian pharmaceuticalcompanies have specialised in reverse-engineering complex medicines and producing biosimilars as alternatives to costly biologics.
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Patent term extension is a regulatory mechanism that allows pharmaceuticalcompanies to extend the patent term of their products by up to 5 years. PTE is essential for pharmaceuticalcompanies to maintain market exclusivity and protect their investments. What is Patent Term Extension?
With the rapid expansion of digital platforms, evolving patient expectations, and the increasing role of AI-driven marketing, pharmaceuticalcompanies and healthcare brands are allocating more resources to advertising in 2025. These drivers are reshaping how pharma companies and healthcare organizations allocate their marketing funds.
Unlike traditional consumer brands, pharmaceuticalcompanies face unique challenges on social media, including strict regulations, compliance concerns, and the need for factual accuracy. For pharmaceuticalcompanies, this can provide insights into public perception of drug launches, patient experiences, and industry discussions.
This pivotal juncture has thrust cybersecurity into the spotlight in the discussions of companies during Q2 2023, revealing its paramount significance in safeguarding sensitive information, with regulation mentions getting on par with data protection, reveals the Company Filing Analytics Database of GlobalData.
From identifying and prioritizing patent opportunities to leveraging data and analytics, we'll explore the strategies that top pharmaceuticalcompanies are using to stay ahead of the curve. In our latest blog post, we dive into the best practices for drug patent portfolio management.
Better management of customer data could help pharmaceuticalcompanies’ digital transformation, according to Veeva’s Rebecca Silver. Personalised medicine is driving the need to get more information to more physicians. Personalised medicine is driving the need to get more information to more physicians.
Some pharmaceuticalcompanies have already adopted continuous manufacturing processes for their drugs, significantly reducing production times and improving quality control. Machine vision cameras automatically detect the shape, size and orientation of each product and pass that information on to a robot in less than a millisecond.
In order to succeed in this challenging environment, pharmaceuticalcompanies need to adopt a patient-centric approach to marketing. Patient-centric pharmaceutical marketing is based on the understanding that patients are more than just consumers of drugs. It is also about changing the mindset of pharmaceuticalcompanies.
But in order to be truly effective, sponsorships must be aligned with a company’s brand values. For pharmaceuticalcompanies, this means aligning sponsorships with causes that are related to health and wellness. In 2020, the company committed to investing $5 billion in research and development over the next five years.
Content marketing can help businesses do this by providing valuable information about their products and services in a way that is compliant with all applicable regulations. For example, a pharmaceuticalcompany could create a blog post about a new drug that it is developing.
Sponsorships can be a powerful tool for pharmaceuticalcompanies to engage with communities and make a positive impact on health and wellness. When done right, sponsorships can help pharmaceuticalcompanies connect with their target audience, build relationships with key stakeholders, and promote their brand in a meaningful way.
The pharmaceutical industry is constantly evolving, and digital technology is playing an increasingly important role in marketing campaigns. In the past, pharmaceuticalcompanies relied heavily on traditional marketing methods such as print ads, TV commercials, and direct mail.
Pharmaceuticalcompanies face unique challenges due to their rapid digital transformation, adopting Internet of Things (IoT), Artificial Intelligence (AI), and blockchain technologies. Cybersecurity Challenges Intellectual Property Theft: Pharmaceuticalcompanies invest heavily in research and development.
These developments are influencing pharmaceutical operations by improving research and development (R&D), manufacturing processes, and regulatory compliance. GenAI is being applied to multiple functions in pharmaceuticalcompanies.
The Power of Patient-Centric Marketing Patients are no longer passive recipients; they’re informed stakeholders. Create short, informative TikTok videos about how your products improve lives. The key is to balance information with emotional storytelling. How can digital marketing benefit pharmaceuticalcompanies?
Ensuring good access and information around vaccinations is ‘key’ to tackling health inequalities, director of market access and policy affairs at Moderna told delegates at a Westminster Health Forum this week.
Collaborative partnerships between universities and pharmaceuticalcompanies are crucial for advancing biomedical research and development (R&D) and creating groundbreaking medicines. Explore the benefits and significance of these alliances in this informative piece.
This is a nightmare scenario for any pharmaceuticalcompany, and it's a reality that many face every day. By building strong relationships with local stakeholders, you can also stay ahead of the competition and stay informed about emerging trends and opportunities.
Medical affairs is the bridge between pharmaceuticalcompanies and healthcare providers. It includes roles like Medical Science Liaisons (MSLs), who engage with providers, and Medical Information Specialists, who answer complex drug-related questions. And once he changed that, everything else followed.
Glasgow, UK (24th November, 2021) – Formedix , a leading provider of clinical trial software solutions, announces the launch of the Formedix ryze Community, to provide their customers with a location to collaborate, expand their knowledge and share information. For more information on the ryze Community, please see community.formedix.com.
Executing an effective commercial success strategy requires extensive planning and implementation within pharmaceuticalcompanies that spans teams, functions, and geographies. Together, these groups compile vast amounts of data, including rich information on patient populations, target customers, and the competitive landscape.
Between September and October 2024, EY-P and OPPI undertook primary research * consulting top CXOs from leading Indian and global multinational pharmaceuticalcompanies, to understand their perspective on the pivotal growth areas for the Indian pharma industry.
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