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GSK reported to have started the sale of $1.2 billion consumer health drugs
According to Reuters, GSK has started the sale of some consumer health brands as it seeks to raise £1 billion.
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Drug Markets
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Global diabetes drug market expected to rise 3.6 percent
A new report predicts that the global diabetes drug market will rise to US$58.4 billion by 2025.
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China announces generic drug list to reduce pharmaceutical costs
Chinese government introduces initiative to enable generic drugs to enter market and reduce prices.
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FDA announces new data points to aid generic drug developers
The FDA has released new data points which increase transparency for generic-drug competitors.
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Lynparza has been approved for BRCA-mutated advanced ovarian cancer
BRCA-mutated advanced ovarian cancer treatment has been approved by the European Commission.
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Four pharmaceutical companies accused of illegal anti-competitive conduct
The CMA has revealed findings that provisionally show that four pharmaceutical companies have broken the law.
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Biopharmaceutical contract manufacturing market expected to rise 10.6 percent
A study has predicted that the global biopharmaceutical contract manufacturing market will grow by 10.6 percent from 2017 to 2027.
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US-China trade war leaves gap for Indian pharma to grow
A data analyst has reported that the current US-China trade war will give India chance to increase their pharmaceutical presence.
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US Food and Drug Administration sued over Ruzurgi drug approval
Catalyst Pharmaceuticals Inc has sued the FDA to challenge the recent approval of a lower-cost rival drug.
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Pharmaceutical packaging/labelling market to increase 5.3 percent
A new report predicts that the packaging and labelling industry for pharmaceutical products will increase by 5.3 percent.
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FDA dermatology advisors found to accept payments after drug approvals
A study has shown that the majority of dermatology advisors to the FDA took payments subsequent to drug approvals.
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More countries added to the EU-US mutual recognition agreement
Luxembourg and the Netherlands have been included in the mutual recognition agreement between the EU and the FDA in the US.
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Three more US states announce lawsuits against Purdue
A total of 48 US states are now suing Purdue Pharma, claiming they falsely marketed their opioid drug.
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Global contraceptive pill market to grow 6.6 percent
The global contraceptive pill market is expected to increase to US$8.8 billion by 2024, report finds.
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Pharmaceutical intermediates market to see growth
The global pharmaceutical intermediates market is likely to see year-on-year growth in 2019, by an estimated 3.6 percent rate.
