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Recent Articles

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Pfizer first pharmaceutical company with over US$100.0B in sales, reporting sales of US$100.33B in 2022; profits increased 43% year-over-year to US$31.4B, more than triple the profits in 2020

US Senator Elizabeth Warren asks FTC to look into Amgen’s US$28.0B bid to buy Horizon Therapeutics, Indivior’s US$145.0M offer to buy Opiant; Warren cites potential drug affordability and access issues, 'rampant consolidation’ in pharma industry

Sales forecasts for Pfizer’s Paxlovid may change due to easing of Chinese zero-COVID policy, which could surge infection rate, increase Paxlovid demand; Pfizer has distributed millions of Paxlovid treatments in China since policy change

Health group Physicians Committee issues formal complaint that recent ’60 Minutes’ segment featuring Novo Norkisk’s obesity drug Wegovy breached fair balance rules for drug ads; Physicians Committee states segment ‘was effectively a drug ad’

Thermo Fisher Scientific partners with AstraZeneca to develop solid tissue and blood-based CDx test; test to identify patients with non-small cell lung cancer who may be eligible for treatment with Tagrisso osimertinib

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