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STAT+: ‘Skinny labels’ on biosimilar medicines saved Medicare $1.5 billion over a recent five-year period

STAT

billion from 2015 to 2020 — or nearly 5% of the $30.2 The provision is known as skinny labeling , which refers to a move by a company that seeks regulatory approval to market a generic or biosimilar medicine for a specific use, but not for other patented uses for which the brand-name drug is prescribed.

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RFID: The future of smart labelling?

Pharmaceutical Technology

In 2020, Fresenius Kabi introduced their first RFID-enabled medication, Diprivan +RFID. What lies ahead for RFID and smart labelling Volpe says “the future is bright” for smart technologies that identify, monitor, and track medications through the supply chain.

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STAT+: Akili abandons prescription business model, to lay off 40% of workers

STAT

Akili Interactive, which in 2020 made waves by receiving Food and Drug Administration clearance for its video game that improves symptoms of ADHD in children, on Wednesday announced it would reorient its business around selling its products directly to users over the counter, rather than by prescription.

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Boehringer, Lilly’s Jardiance ties to match AZ’s Farxiga with heart failure label

pharmaphorum

Farxiga won FDA approval for adults with HFrEF in May 2020, which helped to drive its third-quarter sales up by a third to $525 million. After a couple of years of declining sales due to concern about a risk of lower limb amputation, Invokana managed a 25% gain to $224 million in third-quarter 2020.

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PRISYM ID appoints Software Delivery Manager to oversee clinical labeling team

pharmaphorum

PRISYM ID appoints Software Delivery Manager to oversee team developing new clinical labeling solutions . . regulated content and label management?solutions, The post PRISYM ID appoints Software Delivery Manager to oversee clinical labeling team appeared first on. Wokingham, United Kingdom —?30?September?2020?— PRISYM ID, a?leading

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Endometriosis market projected to grow at a CAGR of 10% between 2020 and 2030

Pharmaceutical Technology

The endometriosis market is expected to grow from $1.05bn in 2020 to $2.72bn in 2030 at a compound annual growth rate (CAGR) of 10.0% The figure below summarises the endometriosis market growth across the 7MM from 2020 to 2030. At the end of 2030, the US will contribute approximately 81.3% of 7MM sales.

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Survey finds quality control is a major challenge in clinical labeling

pharmaphorum

Wokingham, United Kingdom — 6 August 2020. A survey conducted among global healthcare companies by PRISYM ID, a leading provider of data-led label and artwork management solutions, shows that a fifth of them experience quality control issues with clinical labeling on a monthly basis.