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Swedish pharmaceuticalcompany Orexo will no longer pursue an app for treating depression after many years of struggling to sell it. Orexo announced this week that it will no longer license the product, called Deprexis, from German manufacturer GAIA.
In a brief statement , the Belgian Competition Authority alleged that Roche offered financial incentives to hospitals between 2017 and 2020 to deter them from considering competitive bids from other pharmaceuticalcompanies that could supply similar medicines.
Ahead of Frontiers Health 2020, steering committee members Roberto Ascione and Paul Tunnah from Healthware give us their thoughts on the trends driving the bright future of digital health. The post Deep Dive: Digital Health Innovation 2020 appeared first on. The key elements driving the success of digital health.
Patient simulations have been a key tool for educating physicians for decades – and now cutting-edge tech is helping them become more impactful than ever. • Read the latest issue Deep Dive: Communications 2020 in full. The post Deep Dive: Communications 2020 appeared first on. Subscribe to future issues of Deep Dive.
The treatment, made by the Japanese pharmaceuticalcompany Astellas, led to severe and fatal liver problems for four of the 24 treated children with X-linked myotubular myopathy, or XLMTM, a genetic disease that severely degrades muscle function and kills most patients before the age of 10.
Thanks to changes in tax law six years ago, several of the largest pharmaceuticalcompanies saw their tax rates fall substantially, but they also reported that most of their profits were shifted offshore in an effort to avoid paying U.S. in 2020, down from 19.6% in 2020, down from 19.6% Senate Committee.
But in order to be truly effective, sponsorships must be aligned with a company’s brand values. For pharmaceuticalcompanies, this means aligning sponsorships with causes that are related to health and wellness. In 2020, the company committed to investing $5 billion in research and development over the next five years.
Highlights from Reuters Events, Pharma Awards USA 2020 – Day 1. With access to over 60 of the industry’s shining case studies, the 2020 USA Pharma Awards held its virtual ceremony on December 8-9, 2020. Here are some highlights from day one of the Pharma Awards USA 2020: Most Valuable Collaboration Award.
The pandemic has ushered in a number of major changes to healthcare systems, notably in the ways in which pharmaceuticalcompanies communicate, visit and engage with physicians. The webinar will also cover: How HCP engagement changed for pharma in 2020. How engagement with HCPs will evolve in the future.
When Crystal Shih Byers left her job at Novartis in 2020, she was excited to make the leap into a smaller startup. But pharmaceuticalcompanies are large and complex, and she craved more immediate impact. Byers had spent almost nine years at Novartis, most recently helping lead a group that worked on gene therapy.
The COVID-19 pandemic has been mainstream headline news throughout 2020 and continues to have a profound impact on all our lives. — Professor Karol Sikora (@ProfKarolSikora) April 22, 2020. — Tatiana Prowell, MD (@tmprowell) May 11, 2020. — Aditya Bardia, MD (@ABhealer108) March 14, 2020.
Healthcare systems ended 2020 in a very different place to where they were in 2019, with hospital capacity (and hospital finances) challenges. For pharmaceuticalcompanies there are a number of implications. The EMA’s new medicines evaluation process seems similarly unaffected in 2020.
Disregard for manufacturing standards could ruin the country’s reputation as the ‘developing world’s pharmacy’ and risk wider problems globally India’s reputation as the “pharmacy of the developing world”, built assiduously by the country’s pharmaceuticalcompanies since the time of the Aids epidemic, is in serious jeopardy.
For more than 30 years, Ionis developed all of its medicines in partnership with large pharmaceuticalcompanies. “The business model was to partner everything,” said CEO Brett Monia, who took the reins in 2020 and implemented the new strategy. This isn’t just a drug approval, but a major strategic shift.
IQVIA’s Sarah Rickwood reviews the launch of innovative medicines in 2020 and outlines three key pillars of activity for companies to focus on and address in 2021. It is undeniable that 2020 was a particularly challenging year to launch non-COVID innovative prescription medicines.
In this final instalment of IQVIA EMEA Thought Leadership’s Nine for 2023 three-part series, focusing on issues that will change the direction of healthcare and the pharmaceutical industry this year, three key competitive issues for pharmaceuticalcompanies in 2023 are assessed.
The pandemic has triggered a change in how pharmaceuticalcompanies are engaging with healthcare professionals. When IQVIA polled non COVID-19 treating Italian HCPs in March when the crisis was at its worst, it asked HCPs if they still welcomed pharmaceuticalcompany engagement during the crisis. The answer was yes.
The company responsible for development and commercial supply of the biologic medicines is Alvotech, a global biotech company specialising in biosimilar treatments. Which biosimilar candidates will be part of the extended partnership?
AI has been voted as the most disruptive emerging technology every year since 2020, according to the survey tracker. The report also suggested that Big Data was thought to be the most important partner to AI, in terms of introducing technology-related changes in the pharmaceutical sector (Figure 2).
What remains very clear is that collaboration between sponsor companies, health authorities and other stakeholders will be required to move this forward. Regulators and pharmaceuticalcompanies are investigating cloud-based platforms to enable the real-time sharing of data. A Timeline of COVID-19 Developments in 2020.
Virtual communications between sales reps and HCPs jumped significantly during 2020, making it more important than ever for pharma companies to maintain up-to-date customer data. Veeva is the global leader in cloud software for the life sciences industry.
Several of the top pharmaceuticalcompanies have joined a new coalition that aims to improve access to cancer medicines in low- and lower-middle-income countries (LLMICs). million in 2020 to 4 million by 2040, according to ATOM’s members.
A key producer of innovative medicines: increasing manufacturing capacity Boehringer Ingelheim’s facility in Koropi is the only industrial facility of a multinational pharmaceuticalcompany in Greece producing innovative medicines, the company acknowledged.
The country will provide further momentum during its presidency of the Council of the European Union (EU), which runs from July until December 2020 and will see it work closely with the succeeding presidencies of Portugal and Slovenia. The post Germany’s digital health changes will boost digital therapeutics in Europe appeared first on.
In 2020-21, the loss of industry research during the pandemic is estimated to have generated an NHS deficit of up to £447 million. The report found that consistently slow and variable study setup and recruitment timelines in the NHS are forcing some pharmaceuticalcompanies to place their trials in other countries.
Throughout the year 2020, pharma marketers were forced to explore new strategies in order to keep up with the many evolving trends. Throughout 2020, the use of telehealth and remote monitoring has also drastically increased and may continue to be popular tools used between patients and HCPs in the year 2021.
Large CMOs held the biggest share of revenue in 2021, as even from the initial stages of drug production, pharmaceutical firms decided to outsource the work to these organisations.
Since 2020, government agencies have provided funding for expensive late-stage vaccine development and the expansion of manufacturing capacity, as well as other key pharmaceutical activities. The pandemic forced governments to acknowledge that this status quo had to change.
This marks a significant development in a tumultuous dispute between the pharmaceuticalcompany and the US government. In November 2019, the government sued Gilead over the company’s alleged patent infringement of the two PrEP drugs Descovy and Truvada.
RwHealth , the leading provider of Artificial Intelligence to the healthcare industry, has today reported 160 per cent year-on-year growth as its data-led solutions are increasingly embraced by NHS trusts, private healthcare providers and major pharmaceuticalcompanies.
The report refers to data collected across 350+ global pharma companies between November 2020 through January 2021, and notes a 70% compound average growth rate in the volume of content managed in Veeva Vault PromoMats since 2018. Veeva is the global leader in cloud software for the life sciences industry.
Source: CRA market research (conducted June 2020). More than 100,000 MS patients were included in the data set, defined as patients with two or more MS-related medical claims or one or more MS-related medical claims plus a related pharmacy claim identified between January 2019 and June 2020. Changes in Prescribing by Specialty.
In 2020, the challenges of the COVID-19 pandemic greatly accelerated the pace of this evolution, with wide-reaching effects on many aspects of medical communications. A panel of industry experts gathered at the end of 2020 to identify some of these long-term effects, and the challenges and opportunities they pose. Conclusion.
But learning how to overcome the challenges of 2020 will serve the industry well for years to come. Since the start of the year, pharmaceuticalcompanies have been riding a rollercoaster of challenges.
In office/in person sales promotion, the staple of pharmaceuticalcompany activities, is simply not possible today with interactions reduced to the sporadic video or to telephone engagement. This will result in permanent shifts in how HCPs and patients interact with pharmaceuticalcompanies.
The global pharmaceutical industry experienced a 113% rise in company filings mentions of cybersecurity in Q1 2023 compared with the previous quarter, with the highest share accounted for by Alnylam Pharmaceuticals with 114% year-on-year increase, according to GlobalData’s analysis of over 667 pharmaceuticalcompany filings.
Its chief digital and technology officer Lidia Fonseca offered a fascinating insight into how one biggest pharmaceuticalcompanies – and one of those most closely associated with the pandemic (alongside the likes of BioNTech, Moderna and AstraZeneca) – has been transforming itself. Digital fluency and change.
The DDiCT initiative aligns with the pharmaceuticalcompany’s broader diversity and inclusion goals for 2020-2025, which aim to address health disparities, clinical trial diversity, supplier diversity, employee giving and workforce representation.
In this article, I reflect on how the three COVID crises are reshaping the way in which innovative pharmaceuticalcompanies engage with all their customers, and in particular how they consider their commercial models and innovative launch strategies. Challenges ahead.
In the same statement, Pfizer also announced it has signed a pledge by the US Department of Health and Human Services (HHS) that calls on US healthcare system stakeholders such as hospitals, health systems, payers, suppliers and pharmaceuticalcompanies to reduce GHG emissions and build a more climate resilient healthcare infrastructure.
As lockdowns started in the West during March 2020, there was, inevitably, much punditry on exit scenarios – for economies, populations, and healthcare systems. Pharmaceuticalcompanies cannot address this challenge alone. Considerable time was devoted to the discussion of V- , U- and L-shaped recoveries.
In early 2020, health officials were cautious about forecasting a COVID-19 vaccine timeline to the public, as vaccine discovery was a historically laborious process that took years (if not decades). Despite the success tied to the vaccine rollout, analysing data is still a daily challenge for many life sciences and pharmaceuticalcompanies.
German pharmaceuticalcompany Merck has appointed Thomas Möller as its new head of group communications. Birnstiel (pictured left) had headed Merck’s group communications since 2017 having joined the company after working for Siemens, Osram, E.ON and Uniper.
The global pharmaceutical industry experienced a 113% rise in company filings mentions of cybersecurity in Q1 2023 compared with the previous quarter, with the highest share accounted for by Alnylam Pharmaceuticals with 114% year-on-year increase, according to GlobalData’s analysis of over 667 pharmaceuticalcompany filings.
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