Posts Tagged ‘global’


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  • Indian CEO: ‘U.S. Would Grant a Patent to a Piece of Toilet Paper’

    Saturday, February 13th, 2010 at 04:15 | Comments Off

    India has become a hot market for multinational drug companies since it revised its patent laws to give more protection to brand-name medicine. But to hear the branded makers tell it, the patent welcome mat has some holes in it, a WSJ report recounts this morning.

    The drug makers point to three top-selling medicines that have failed in their efforts to win protection either through India’s patent office or the country’s court system. Most recently, Delhi’s High Court Tuesday dismissed an ..read more

  • Can a Japanese Cloth Company Make Drugs? FDA Says Yes

    Thursday, January 7th, 2010 at 06:29 | Comments Off

    What kind of company gets a drug through the FDA? If you’re a Japanese company, it seems to help if your main business isn’t prescription pharmaceuticals.

    Perusing the list of FDA new drug approvals from Washington Analysis, we found four that originated in the labs of Japanese companies. A new drug for gout came from Teijin, a major textile maker. (Teijin licensed U.S. rights to Takeda.)

    The Otsuka group of companies, best known in some circles as the maker of ..read more

  • Tough Sell: Sanofi Hands Out 750 Pink Slips to Sales Force

    Thursday, December 3rd, 2009 at 08:09 | Comments Off

    Sanofi-Aventis continued the winnowing of its U.S. sales force by telling employees today that another 750 sales jobs are being cut.

    Like most of big pharma, Sanofi is facing stiff generic competition in the U.S. Some of its biggest sellers, from sleeping pill Ambien to the cancer drug Eloxatin, have gone generic, and one of the biggest is yet to come: the blood-thinner Plavix is set to lose patent protection in the U.S. in 2011.

    Although Sanofi recently got the ..read more

  • Reports: Private Equity Eyes Siemens Hearing Aid Unit

    Saturday, November 28th, 2009 at 01:46 | Comments Off

    There’s more buzz this morning about private equity’s interest in health care. This time, the reported target is Siemens’s hearing aid business.

    Sure, hearing aids may not sound like a sexy, go-go business. But apparently they’re the sort of solid money-maker that private capital likes these days — the unit could fetch up to 3 billion Euros ($4.5 billion or so), according to reports from Bloomberg and Reuters.

    KKR and BC Partners are potential buyers, the stories say. Bloomberg says Siemens ..read more

  • Sanofi CEO: Animal-Biz Combo With Merck ‘More Likely Than Not’

    Saturday, October 31st, 2009 at 07:09 | Comments Off

    We have known Merck sold its half of an animal-health venture to partner Sanofi-Aventis partly to avoid antitrust concerns arising from Merck’s pending takeover of Schering-Plough. The problem: Schering-Plough is bringing its own leading animal-health business to the Merck deal, and combining the two would create a juggernaut, with more than a quarter of the world market.

    Understandably, Merck didn’t want to give up its stake. Treating cats and dogs for ticks or vaccinating livestock is, well, a cash cow ..read more

  • Where GSK Is Cutting Sales Reps, and Where It’s Adding Them

    Thursday, October 29th, 2009 at 01:20 | Comments Off

    For a clue to where GlaxoSmithKline is cutting back on sales reps, and where the company is staffing up, take a look at the company’s third-quarter earnings announcement, out this morning: Sales were up 25% in emerging markets and 19% in Japan — and down 8% in the U.S.

    Now that you know what the answer’s going to be, you can watch GSK CEO Andrew Witty give you the news via Web video. The part we’re talking about is just before ..read more

  • It’s Hard to Make Vaccines. Sometimes That’s a Good Thing.

    Tuesday, September 29th, 2009 at 23:20 | Comments Off

    In the shorthand of the drug business, biotech is sexy and vaccines are boring. But both fields, broadly considered, are “biologicals” — products created with living organisms, as opposed to the mere chemicals that make up traditional drugs.

    Manufacturing biologicals is much more complicated than manufacturing traditional drugs. That can sometimes be a headache for manufacturers (as Merck’s rash of vaccine manufacturing troubles reminded us a while back). But for those already in the business, it can also be a ..read more

  • Primary Care is ‘Jewel’ in the Crown of British Health Care

    Thursday, September 10th, 2009 at 07:24 | Comments Off

    Socialized health care in the U.K. isn’t so bad, write two U.K. academics in a piece published in the New England Journal of Medicine.

    In fact, the authors say the British system has two major strengths that the U.S. can learn from: strong primary care and NICE, the agency that assesses and approves reimbursement for cost-effective treatments.

    Primary care docs in the U.K. are well-trained and are thus able to reduce hospitalizations, unwarranted investigations and unneeded prescriptions. “The jewel in ..read more

  • How Similar Numbers Can Tell Different Stories

    Thursday, September 10th, 2009 at 05:46 | Comments Off

    How can patients accurately assess the risks and benefits when doctors prescribe major medical treatments? It turns out the the odds of getting a serious side effect or winding up in the hospital can vary significantly depending on whether the length of time on a therapy is taken into account, according to the WSJ.

    The idea is that the longer you take a drug, for instance, the higher your odds of experiencing a serious side effect. Calculating risk with time ..read more

  • Another Japanese Drugmaker Makes Another Foreign Acquisition

    Friday, September 4th, 2009 at 03:06 | Comments Off

    One more Japanese drugmaker is making a big buy overseas: Dainippon Sumitomo Pharma said it’s planning to pay $2.6 billion for Massachusetts-based Sepracor, which sells the sleeping pill Lunesta.

    The agreement announced by both companies today is the latest effort by Japan’s pharamaceutical industry — Dainippon is the country’s No. 7 drug maker by sales –- to reach overseas to replace revenue streams as patents expire on domestic products. Earlier deals have included Takeda spending almost $9 billion to buy Millennium ..read more