Pharma News – Novartis Given Green Light On Biosimilar Of Neupogen

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Recently in pharma news, in a 9 – 0 ruling, the U.S. Supreme Court overturned a lower court’s decision that prevented Novartis from selling its biosimilar version of Neupogen, a drug made by California-based Amgen Inc. Prior to the ruling, biosimilar drugs (also referred to as “copycat” versions of other drugs) could not be put on the market until six …

Insurance Companies Paying Drug Makers Based On Patient Outcomes

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It’s no secret that pharmaceutical drug prices continue to soar, however recent news reports have revealed that some of the major health insurance companies are choosing to pay drug makers per negotiated contracts based on patients’ outcomes, as value-based care becomes more prominent in the pharmaceutical industry. Some of the major players using the value-based model include Cigna, Aetna, Blue …

FDA To Lower Pharmaceutical Prices By Increasing Generic Drugs

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On May 25, FDA Commissioner Scott Gottlieb told House lawmakers that the Food and Drug Administration intends to take steps to lower drug prices by increasing generic drug competition. Gottlieb announced the FDA hiring freeze placed on the agency by the Trump administration is over, and that the FDA will have clear and more frequent communication with developers of generic …

Food Packaging That Changes Colors When Contents Are Hazardous

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We all get a little confused at times by those labels currently used on foods indicating the “sell by” or “best by” date. What do these labels really mean, and if you go past the “best by” date by a day or two, will you be consuming spoiled food? It’s been a point of contention for years, and the CDC …

16% Of 2016 Counterfeit Goods Seized In U.S. Involved Pharmaceuticals

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Recent reports indicate that when it comes to pharmaceutical and biopharmaceutical products and their active ingredients, counterfeiting continues to be a challenging problem. According to the USTR’s (United States Trade Representative) 2017 report published this month (Special 301 Report), last year about 90% of the counterfeit pharmaceuticals seized in the U.S. originated from China, Singapore, and India. Overall, this accounts …