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Commentary: Drug companies that made billions from pandemic could see those sales fall by two-thirds globally in 2023 due to built-up product inventories; population immunity from vaccination, past infections means demand for treatments could dip as well

Nomura raises China's GDP growth to 5.3% from 4.8% for 2023, but cuts growth to 4.4% from 5.5% in 2024, citing faster-than-expected transition to herd immunity; GDP still faces hurdles like limited pent-up demand, export growth remaining negative in 2023

Idevax & Voxdale commended at 2023 Pharmapack Europe Awards for VAX-ID drug delivery system for intradermal injection, Owen Mumford lauded for UniSafe reusable auto-injector, Korber Pharma Packaging honored for its plastic-free Rapid Covid Test

House passes bills to end COVID-19 public health emergency, vaccine mandate for health care workers at facilities that participate in Medicare, Medicaid; Senate not expected to pass either bill

Estee Lauder lowers fiscal 2023 outlook on disruption to travel, staffing in Hainan that slowed inventory normalization, potential roll-back of COVID-related support measures in Korea duty free; impacts offsetting international travel by Chinese consumers

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