Germany's pharmaceutical sector restructuring law (AMNOG) is living up to the government's expectations by putting the brakes on the country's drug expenditure.
Continue reading "Success Of German Cost-Control Law Raises Prospect Of Further Cuts For Pharma " »
The U.S. pharmaceutical industry has been kind to Ireland and its Taoiseach (Prime Minister) Enda Kenny this week. It has announced investments of more than Euro300 million ($400 million) in the country, which is starting to show early signs of economic recovery.
Continue reading "Ireland Attracts Investments By Pfizer, Merck; But No Good News From Spain" »
One after another, Pfizer's European subsidiaries are implementing the company's strategy of reducing its global headcount. In the past week, company employees in France, Germany and Belgium have been given the bad news.
Continue reading "Pfizer's axe falls on jobs across Europe" »
Adam Smith Conferences’ Innovative Drug R&D in Russia Forum will take place on 21-22 November in Moscow.
This years’ Forum is set to become the one industry gathering that you cannot afford to miss!
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The French genome engineering company Cellectis SA is to acquire the leading Swedish human embryonic stem cell firm Cellartis AB for around €30 million ($41.5 million) in a mix of cash and shares, in a move designed to produce a global leader in stem cell technologies for use as research tools and in the development of therapeutic products. The deal is expected to close around the end of October.
Continue reading "France's Cellectis To Acquire Cellartis To Produce A Leader In Stem Cell Technologies " »
The U.K.' s National Institute for Clinical Excellence has put the brakes on Merck & Co.' s and partner Nycomed A/S' chronic obstructive pulmonary disease drug Daxas (roflumilast) for patients in the NHS in England and Wales, citing concerns over the high level of adverse incidents, uncertainties with the manufacturer's cost calculations and accuracy of trial evidence.
Continue reading "NICE Stuns Merck With Demand For Additional Daxas Trial" »