With worldwide markets for prescription drugs stagnating, pharmaceutical companies are eyeing small-population “orphan drugs” as big moneymakers. Despite their relatively limited populations, drugs for rare diseases have already demonstrated significant financial value. Read more...
Facing ongoing fiscal challenges, Big Pharma companies are becoming increasingly willing to...
Not only is it getting harder and more expensive to bring a drug to market, it now appears that...
The U.S. Food and Drug Administration cannot determine whether its four-year-old Risk Evaluation and Mitigation Strategies program is working because drug companies have not provided key information when requested and the agency has not taken enforcement action against them.
As the New Year progresses, drug manufacturers are seeking to navigate changing—and increasingly stringent—governmental, financial, and commercial environments. Several recent studies and reports provide useful data and insights. The average cost of developing a new drug has jumped tenfold.
In the last issue’s Policy and Projection’s column, Ted Agres wrote about the allure of pharmerging markets—17 countries that have shown, and are expected to continue to show, strong growth, but still have a modest per capita gross domestic product. With sales projections in the United States and Europe forecast to slow and shrink respectively, the idea of a foreign port in the storm is an attractive one.
Ten major pharmaceutical companies have established a nonprofit organization aimed at accelerating the development of new drugs, beginning with improving the efficiency of clinical trials. Through it, drug manufacturers and biotech companies will seek to identify and solve common drug development challenges.
Global pharmaceutical sales are expected to grow about 3% annually from $955 billion in 2011 to nearly $1.2 trillion in 2016, with 17 “pharmerging” countries—led by China, Brazil, Russia, and India—accounting for more than two-thirds of the increase, or about $151 billion.
Pharming—the production of inexpensive, plant-based therapeutic proteins, antibodies, and vaccines—achieved a major milestone in May when the U.S. Food and Drug Administration (FDA) approved Elelyso (taliglucerase alfa), an injectable enzyme to treat Type 1 Gaucher disease.
The FDA lacks the capabilities necessary to ensure the safety of imported finished drugs and APIs used to manufacture drugs in the United States.
Lawmakers are finalizing legislation to reauthorize the Prescription Drug User Fee Act , the five-year law that allows the FDA to collect fees from pharmaceutical and biotech companies.
The U.S. Food and Drug Administration has taken an important step in establishing the long-awaited regulatory pathway to evaluate and approve the marketing of biosimilar drugs in the United States.
The U.S. Food and Drug Administration published draft guidance entitled Drug Interaction Studies - Study Design, Data Analysis, Implications for Dosing, and Labeling Recommendations.
Who, how, when, or even if. These are questions at the heart of the international debate over the genetic manipulation of the deadly H5N1 strain of bird flu to make it more transmissible.
Pharmaceutical companies that provide products covered by Medicare, Medicaid, or CHIP will be required to disclose to the federal government the name of any physician and researcher to whom a monetary payment "or other transfers of value" had been made.
As lawmakers continue to grapple with the nation’s burgeoning federal budget deficit, healthcare spending has moved into the cross-hairs of fiscal and legislative debate.
The U.S. Food and Drug Administration will soon send Congress its recommendations for reauthorizing the Prescription Drug User Fee Act. The law allows the agency to hire additional staff to speed the review of applications for new drugs and biological products.
The Food and Drug Administration, lawmakers, and industry officials are attempting to curtail an impending crisis in the availability of critical drugs. Legislation is pending that would require pharmaceutical manufacturers to give the FDA advance notice of possible shortages.
Nature is winning the microbial battle against current antibiotics. Legislative and regulatory incentives may be needed to entice developers back into the fight.
After more than half a dozen years of wrangling, Congress is moving closer to approving the first major update to the U.S. patent system in nearly six decades.
Big Pharma must change how it conducts R&D to counter the effects of generic competition and to replenish its depleted pipelines.
Joint development of investigational drugs could speed combination drugs to market, if legal issues don’t overwhelm scientific challenges.
The worldwide pharmaceutical market is expected to grow by 5% to 7% in 2011 to $880 billion, a welcome rebound over last year’s 4% to 5% growth.
Fifteen academic medical centers, research institutes, and major pharmaceutical companies are collaborating to enhance the speed and quality of clinical trials by harnessing patient data emerging from the coming widespread adoption of electronic health records.
Biosimilars now have a regulatory pathway, but are the directions to approval clear?
The development of pharmaceuticals derived from cannabis took a major step forward in June when the UK’s Medicines and Healthcare Products Regulatory Agency approved the prescription use of Sativex to treat spasticity due to multiple sclerosis.
The I-SPY adaptive clinical trial could set a new course for drug development.
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