Pharmaceutical & Biotech News and Insights

2015 Will Bring Changes for J&J Pension Benefits
In an effort to cut costs, J&J has announced that starting January 1, 2015 the company will reduce the pension benefits it offers to newly ... 
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Release of generic form of Nexium is delayed
With sales of AstraZeneca's Nexium bringing in over $2 billion in US sales last year, there are several generics makers who are ready to enter ... 
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Questions about Biosimilars
Recent inquires to the FDA have raised more questions about whether biosimilars should keep the same name as the branded biotech drugs. Doctor's state if ... 
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Plans for a Future Biotech Hub in New York
Pfizer, Eli Lilly and J&J have each contributed to a $51 million fund which will lay the groundwork the creation of a biotech hub on ... 
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High Price for Gilead’s Hepatitis C Treatment
Gilead's new hepatitis C treatment Savaldi came on the market in December. At that time, patients were receiving approval for the $84,000 treatment. Fast forward ... 
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Projected Top 10 Brands in 2020
With over $76 billion dollars in sales, 2013 was a good year for the best-selling drugs. According to EvaluatePharms'a annual world preview report, the top ... 
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AbbVie Continues its Quest for Shire
After three failed attempts, AbbVie has put together a $51.5 billion dollar deal to acquire Shire.  AbbVie would like to expand on its top selling ... 
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Cubist Receives FDA Approval
Cubist has received FDA approval for Sivextro, an antibacterial drug it acquired after buying Trius about a year ago. This drug can be used to ... 
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Chicago to sue 5 Big Pharma Companies
Civil conspiracy and fraud are listed in a complaint that has been filed by the city of Chicago against five big pharma companies. This follows a ... 
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Possible Treatment for Type 2 Diabetes
Canadian researchers have found a naturally occurring molecule that could be used to treat individuals with insulin resistance and Type 2 diabetes. The molecule, called ... 
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