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Bristol Myers, bracing for key patent losses, deepens cost-cutting plan

BioPharma Drive: Drug Pricing

The pharmaceutical company plans to cut $2 billion in annual expenses by the end of 2027 through “operational efficiencies across multiple areas of the business,” its CFO told analysts on a conference call.

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Why PDUFA VII User Fees Are on the Rise in 2025

DS in Pharmatics

With the implementation of PDUFA VII (2023-2027), user fees for FY 2025 have been published, reflecting a notable increase that will impact pharmaceutical [] Food and Drug Administrations (FDA) drug approval process since its inception in 1992.

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Breakthrough drug candidates and cancer treatment innovations

Drug Target Review

How does Zymeworks plan to advance at least five novel medicines into clinical studies by 2027 under its ZYME 5×5 R&D objectives? We continue our in-house development strategy of accelerating our time from preclinical development candidate selection through IND filing.

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FDA Publishes Its Draft Strategy Document on Innovative Manufacturing Technologies

FDA Law Blog: Biosimilars

This FR Notice and draft strategy document are part of FDA’s commitment under the Prescription Drug User Fee Act (PDUFA) Reauthorization Performance Goals and Procedures for Fiscal Years 2023-2027 (PDUFA VII), wherein FDA committed to advance the use and implementation of innovative manufacturing.

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Guest Blog: Reflecting on the 2024 Society of Toxicology of Canada Symposium, by Ria Falvo, Director, Reporting

Alta Sciences

A non-profit organization, STC was founded in 1965 with 15 scientists from Montral-based pharmaceutical companies. Ria is currently an industry member of the STCs Scientific Program Committee and will serve in this role until 2026, after which she will transition to Committee Chair until 2027. Image Thumbnail_Blog_RiaFalvo-V2.jpg

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Sanofi expands its social commitments, creates nonprofit unit to provide poorest countries with access to essential medicines

The Pharma Data

Yet as challenging as 2020 was, it also brought us –Sanofi and the pharmaceutical industry– closer to our purpose than at any other time in living memory ,” said Hudson. “The pandemic has forced us to question nearly every aspect of our lives: how we live and work, and how we connect with our communities and the planet.

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BioSpace Global Roundup: Companies Slash Prices to Meet China’s Health Coverage

The Pharma Data

The companies agreed to the steep price cuts in order to have their drugs made available to the world’s second-largest pharmaceutical market. billion by 2027. The average price cut is 10 percentage points less than last year, Bloomberg said. China’s national medical insurance fund covers more than 95% of the country’s 1.4