Drug Research
Promising Future For The Global CRO Market With 8.4% CAGR
As per insights, the global clinical research organization (CRO) market is projected to achieve a value of $139.56 billion by 2033. The market is expected to CAGR (experience a compound annual growth rate) of 8.4 percent between 2023 and...
Drug Research
Medicare Drug Price Negotiations See New Guidance From CMS
The Biden administration has issued new guidelines for its program that enables Medicare to directly negotiate drug prices with manufacturers. The updated guidelines provide clarity on how the Centers for Medicare & Medicaid Services (CMS) will identify the drugs...
Drug Research
Pharma Industry Argues Unconstitutionality In Price-Settings
NICA, PhRMA, and GCCA lodged a complaint in the U.S. District Court for the Western District of Texas, asserting that the price setting provisions outlined in the Inflation Reduction Act infringe upon the Constitution. They argue that these provisions...
Drug Research
Pharma Trade Group Sues US Government On Medicare Drug Costs
On June 21, the pharma sector’s biggest lobbying group, along with two major organisations, went on to sue the Biden administration when it came to the new powers of Medicare to cut medicine prices for seniors as per the...
Drug Research
EU May Lose Edge Due To Proposed Law, Says Pharma Lobby
In a major concern surrounding Europe’s pharma industry, there is an anticipation that it could go on to lose out to elevated competition from emerging markets like China as well as the US when one talks of innovation and...
Drug Research
SK pharmteco Doubles Viral Vector Production Capacity in Europe
SK pharmteco, SK Inc.'s contract development manufacturing organization (CDMO) for pharmaceuticals, completed its second facility for cell and gen
e therapies (CGT) manufacturing in Europe. With this milestone, SK pharmteco is rapidly expanding its presence in the global market.
SK pharmteco...
Drug Research
Croda announces two new partnerships to drive sustainable delivery systems for the pharmaceutical industry
Croda International Plc (Croda) announced that it has signed two new partnership agreements that will help the pharmaceutical industry move towards a more sustainable supply chain for vaccine adjuvants.
The first partnership is an exclusive license agreement with Amyris, a...
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