NEWS

Availability of Insulin Products Will Help Increase Access and Potentially Lower the Cost of Insulin for People with Diabetes Today, the U.S. Food and Drug Administration approved the first interchangeable biosimilar insulin product, indicated to improve glycemic control in adults and pediatric patients with Type 1 diabetes mellitus and in adults with Type 2 diabetes…

Chronic wounds are a ubiquitous cause of suffering for humanity worldwide. Despite payors spending vast sums for treatment, suffering continues largely unabated. As part of its concerted effort to bring accessible solutions to this critical issue, Cell Constructs is changing its name to ProgenaCare Global to reflect its pioneering of a brand-new approach. The company…

Dive Brief: Amgen has agreed to acquire privately held biotech Teneobio for as much as $2.5 billion in a deal meant to broaden the big biotech’s ability to develop antibody drugs for cancer and potentially other diseases.   Per deal terms, Amgen will pay $900 million in cash for Teneobio and could add another $1.6 billion in downstream…

ATLANTA, July 27, 2021 /PRNewswire/ — MiRus LLC, a commercial stage life sciences company, has completed a highly oversubscribed funding round for growth of its spine and extremity portfolios and development of structural heart disease solutions using its proprietary Rhenium-based alloys (MoRe®).  The round was led by Mammoth Scientific and multi-generational family offices who have supported MiRus from…

PhRMA member companies’ robust investment in research and development (R&D) has led to advances and discoveries that are transforming health care and our approach to treating patients for a broad range of chronic and rare conditions, as well as urgent new health challenges like COVID-19. From new data released today, in 2020 alone, PhRMA member…

Acquisition of Velano Vascular Adds Innovative Needle-Free Blood Draw Technology to Reduce Pain and Discomfort of Multiple Needlesticks FRANKLIN LAKES, N.J., July 20, 2021 /PRNewswire/ –BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced it has taken a large step forward in transforming the patient experience through a vision of a “One-Stick…