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780,000 Doses of Bavarian Nordic Monkeypox Vaccine to be Shipped to US by End of July

July 14th, 2022|Categories: Featured, Industry News|Tags: , , , |

The US Department of Health and Human Services (HHS) has announced that 780,000 doses of Bavarian Nordic’s should be headed to the US by the end of the month. The vaccines, at Bavarian Nordic’s Denmark facilities, are currently undergoing an FDA inspection and authorization. The announcement comes as the disease pops up across the country.

Teva Asks US Supreme Court to Reverse Loss in “Skinny Label” Patent Suit, Says Decision is Competition-Killing for Generics

July 14th, 2022|Categories: Featured, Industry News|Tags: , , , |

According to Teva Pharmaceuticals, the company’s legal battle with GSK over “skinny labels” portends a greater threat to the generic drug market. Skinny labeling is a practice where a manufacturer can get its generic approved by applying for some of the original drug’s indications, but not all. GSK and others argue that the practice is infringement because the generics are often prescribed off-label for the original drug’s indications. Teva has asked the US Supreme Court to reverse the decision, which ordered the company to pay GSK $235 million.

Syndicated Report: Global Gene Therapy Market Projections 2022-2031

July 13th, 2022|Categories: Featured, Industry News|Tags: , , , |

Despite the global pandemic, cancer was still the leading cause of death in 2020. This pressing therapeutic need underlies the growth projected by Kenneth Research in their new report entitled, “Global Gene Therapy Market.” The report predicts that the gene therapy market will earn around $6 billion USD from 2022-2031 with a CAGR of ~34%.

New York AG: Teva Was Aware of its Contribution to NY’s Opioid Epidemic, Contrary to Previous Testimony

July 13th, 2022|Categories: Featured, Industry News|Tags: |

New York Attorney General Letitia James has leveled accusations at the Israeli drugmaker Teva that it misrepresented its role in the state’s opioid crisis. The company previously distanced itself from its US operations, but new information suggests that Teva was directly in charge of the unit. According to James, Teva obfuscated its connections to its US operations through a series of shell companies to shuffle the money into offshore accounts.

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