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Amgen sells its Turkish manufacturing arm for $135M

Techno -
Amgen, which has been beefing up its U.S. manufacturing operations, sold its stake in Turkey’s oldest pharmaceutical company Gensenta to the Eczacıbaşı Group for...
Newsletter

Pfizer and BioNTech announce new $3.2 billion agreement to supply the COVID-19 vaccine to the US

Techno -
Pfizer Inc. and BioNTech SE announced today a new vaccine supply agreement with the U.S. government, according to which the U.S. government will receive...
World Pharma News

Sanofi to cut out-of-pocket insulin costs to $35 for U.S. patients

Techno -
French drugmaker Sanofi  said on Wednesday uninsured diabetes patients in the United States will pay no more than $35 for 30-day supply of insulin,...
World Pharma News

Fujifilm plans a $1.6 billion expansion at CDMO facilities in Denmark and Texas

Techno -
Fujifilm isn’t slowing down on its expansion roll. Just a few months after it bought Shanandoah Biotechnology for an undisclosed sum, the Japanese conglomerate...
Pharmaceutical Investing News

Spero Therapeutics plummets 15% as FDA rejects new drug application

Techno -
Spero Therapeutics , Inc. shares plunged around 15% after-hours following the company’s announcement, according to which the U.S. Food and Drug Administration (FDA) had...
Pharmaceutical Investing News

Biotech investors focus on biotechs with drugs closer to market

Techno -
Biotech investors nursing losses from stock price falls are now focusing on firms which are closer to getting their drugs to market, rather than...
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