How IRA May Be Affecting Biotech Financing
Recent data and commentary offer insights into how biologics vs. small molecule patent protections under the Inflation Reduction Act pricing scenarios is impacting investing in the biotech sector.
Latest Arbitration Decision Rules in Favor of AHF
Ruling validates antitrust theory, pushes antitrust arbitration against Prime Therapeutics forward.
Walmart Expanding Their Efforts to Care for HIV Community
Walmart has opened 70 Specialty Pharmacies of the Community locations across the U.S. in June, and is expected to open 80 more in 11 states by the end of the year.
Fair Health Regional Tracker: Telehealth Use Has Decreased Nationally
April 2023 numbers include the privately insured, such as Medicare Advantage.
Antares Vision Earns ISO/IEC 27001 Cybersecurity Certification
Award honors rxfel’s use of best practices in preserving customer data.
FDA Gives Alzheimer’s Drug Leqembi Full Approval. That Means Medicare Coverage But...
Medicare-eligible patients need to be enrolled in registry to get Medicare coverage for the anti-beta amyloid drug that is priced to cost $26,500 a year.
Struggles for Air Freight Continue, IATA’s May Numbers Suggest
Nonetheless, capacity is up nearly 6% above pre-pandemic levels.
World Courier Launches Pharma Logistics Station in the Midwest
AmerisourceBergen’s new 34,000 square-foot plant in Chicago area will support shipments that require temperature storage/delivery as cold as cryogenic.
Pharma Not the Only Ones Upset with PBM Practices
The National Alliance of Healthcare Purchaser Coalitions releases resources for employers/health plan purchasers to offer insights on PBMs role in high prescription drug costs.
Coming Soon: A Frozen Active Temperature-Controlled Container
New CSafe product, expected early next year, features a -20°C setpoint.
Few Modern Drug Approvals Offer Therapeutic Value Over Older Treatments, Study Says
Healthcare stakeholders suggest system changes, proving therapeutic value.
IQVIA Unveils New Labeling Solution
Platform is expected to streamline the label management process.
Almac Group Joins Science Based Targets Initiative
Union adds to company’s goal of reaching net-zero emissions by 2045.
Sanofi to Manufacture Vaccines in Saudi Arabia, Signs MoU
Pharma company will produce seven vaccines, as nation aims to strengthen status as a life sciences hub.
Europe Phases Out COVID-19 Flexible Regulations
EMA, the European Commission, and HMAs are phasing out the flexible regulations put into place during the pandemic.
Mostafa Kamal to Become Prime Therapeutics’ New President and CEO
Executive succeeds Ken Paulus as head of the PBM.
Industry Slams Medicare Price Negotiation Scheme
Recent lawsuits are challenging the constitutionality of provisions in the Inflation Reduction Act.
ParcelShield, Triose Establish Supply Chain Visibility Partnership
Agreement is expected to help improve the medication delivery process for patients.
Rhenus Opens Life Sciences and Healthcare Vertical in Italy
New solution is expected to focus on products’ time and temperature-sensitive requirements.
People Spotlight — June 2023
The latest people news happenings over the past month.
MatchRX, LSPedia Collaborate on FDA-DSCSA Compliance Solution
Software allows pharmacies to meet legislation’s upcoming Nov. 27 deadline.
Tower Cold Chain Opens American Center of Excellence in Philadelphia
The 26,000 square-foot plant with further expand the company’s temperature-controlled services.
IntegriChain, Knipper Announce Non-Exclusive Partnership
Initiative to support developing manufacturers launch new products.
Report: Pharma Packaging Market Predicted to Reach Value of $148.4B by 2031
According to a recent TMR study, there is an expected CAGR increase of 5.6%.
Veeva Systems, Advanz Pharma Announce Commercial Operations Partnership
Biopharma aims to strengthen field engagement with healthcare professionals.
TekniPlex Healthcare Reveals Plans for New Wisconsin Production Facility
The 200,000 square-foot manufacturing plant—coming early next year—is expected to help boost capacity of pharma packaging materials.
Texas AG Files Subpoena Against Pfizer
Forces pharma giant to hand over marketing communications with Meta.
Serialization Solution Provider Consolidation Continues: Advanco Acquires Vantage Solutions
Buyout gives Advanco a bigger US footprint.
Marken and SkyCell Link Up to Upgrade Cold Chain Practices
SkyCell’s 1500X containers are the partnership’s centerpiece.
TraceLink Hosts Conference Centered Around E2E Supply Chain Visibility
DSCSA compliance was also top of mind at the event.
