Pfizer, US Gov’t in $5.29-Bn Pact for Oral COVID Drug
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Pfizer has entered into an agreement with the US government to supply 10 million treatment courses of its investigational COVID-19 oral antiviral candidate, Paxlovid, in a deal worth up to…

J&J Plans To Separate into Two Standalone Companies
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Johnson & Johnson (J&J) has announced plans to split the company into two separate, standalone publicly traded companies, one focused on pharmaceuticals and medical devices, and the other on consumer…

US Gov’t Seeks More mRNA Vaccine Mfg Production
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The US government is seeking that companies accelerate vaccine manufacturing for COVID-19 and in preparation for future pandemics. The goal of the program is to expand existing capacity by an…

US Gov’t To Buy GSK’s/Vir’s COVID-19 Drug for $1 Bn
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The US government has entered into purchase agreements, totaling approximately $1 billion, with GlaxoSmithKline (GSK) and Vir Biotechnology, a San Francisco-based bio/pharmaceutical company, for sotrovimab, an investigational monoclonal antibody for…

Supplier News: Hovione, Lonza, Arranta Bio & More
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The latest from CDMOs, CMOs, and suppliers featuring Hovione, Lonza, Arranta Bio, Thermo Fisher Scientific, WuXi Advanced Therapies, Stevanato Group, UPS Healthcare, Lykan Bioscience, List Biotherapeutics, and the Center for…

US Gov’t Takes More Action to Address Rx Drug Pricing
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The Biden Administration is taking additional steps to address the cost of prescription drugs by requiring health insurance issuers, employer-based health plans, and other group health plans to report on…

President Biden Nominates New FDA Commissioner
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President Joe Biden announced last week (November 12, 2021) that he plans to nominate Dr. Robert Califf as Commissioner of the US Food and Drug Administration (FDA). His nomination is…

Novo Nordisk To Acquire Dicerna for $3.3 Bn
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Novo Nordisk has agreed to acquire Dicerna Pharmaceuticals, a Lexington, Massachusetts-based bio/pharmaceutical company specializing in ribonucleic acid interference (RNAi) therapeutics, for $3.3 billion. Using its proprietary RNAi technologies, Dicerna develops…

Pfizer Completes $2.22-Bn Acquisition of Trillium
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Pfizer has completed its acquisition of Trillium Therapeutics, a Mississauga, Ontario, Canada-based clinical-stage immuno-oncology company, for an aggregate purchase price of approximately $2.22 billion. Trillium’s two lead molecules, TTI-622 and…

Gilead, Arcus in $725-M Acquisition, Research Pact
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Gilead Sciences has exercised options to acquire three clinical-stage programs from Arcus Biosciences, a Hayward, California bio/pharmaceutical company focused on cancer immunotherapies, for $725 million. The companies also entered into…