Author Archives: Pharm Exec

Roche Reports Good Half-Year Performance

Roche reports a rise in sales to 22,974 million Swiss francs (+5%, US$25.5 billion) for the first half of 2014, with strong growth from HER2 breast cancer medicines, Herceptin, Perjeta and Kadcyla, and other oncology medicines, Avastin and MabThera/Rituxan. Sales of Xeloda, a chemotherapy drug which is no longer patent-protected, were lower, as a result […]
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Compounding Pharmacy Issues Recall, But Challenges FDA Decision

FDA has posted on www.fda.gov a July 19, 2014 press statement from Unique Pharmaceuticals, which reports a voluntary nationwide recall of all sterile drug preparations compounded by the outsourcing facility that have not reached the expiration date listed on the products.
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Pharma Rep Access Down 33 Per Cent Since 2008

The steady decline of pharmaceutical sales representative access to physicians is spreading to previously rep-friendly specialties, says the ZS Associates spring 2014 AccessMonitorT report.
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Shire Takeover "Could Save AbbVie $8 Billion Tax on Humira over Next 15 Years"

AbbVie’s recent $54 billion acquisition of Shire and subsequent relocation to Ireland will mean substantial tax savings for the US pharmaceutical giant, according to analysts at research and consulting firm GlobalData.
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Biotech Stocks Shaken by Fed Warning

Today’s Financial Times (FT) reports that nearly $40bn was wiped from the biotech market’s value last week (a 6 per cent drop in the Nasdaq biotechnology index) following the Federal Reserve’s identification of biotech shares as a cause for concern. There was some recovery on Friday however when prices rebounded 3 per cent. The US […]
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