|
|
|
|
|
|
|
|
I’ll be attending CPHI in Frankfurt this October, so feel free to reach out via email at abrown@endpointsnews.com if you have any leads or if you’re around for a coffee! |
|
Anna Brown |
Biopharma Breaking News Reporter, Endpoints News
|
|
|
|
|
by Anna Brown
|
AstraZeneca is breaking ground on a multibillion-dollar API facility in Virginia, making it the latest company to start building after President Donald Trump threatened 100% tariffs on drugmakers not starting construction in the US. The original value of the facility was $4 billion, but this will increase as of Thursday, a
company spokesperson told Endpoints News. The build is part of AstraZeneca’s $50 billion pledge to the US, which it announced in July. Late last month, Trump warned in a social media post that starting Oct. 1, companies would face a 100% tariff on branded pharma products unless they are building manufacturing plants in the US. Yet, on Oct. 1, the White House confirmed to Endpoints that the levies will be delayed as they are still in preparation stages. |
|
|
|
|
by Anna Brown
|
Lawyers are fielding increasing inquiries from biopharma companies on President Donald Trump’s 100% pharma tariffs, but many are unsure how to advise their clients with gaping holes in the administration's announcements. “There's a lot of chatter behind the scenes and attempts to understand and get clarity on how the next iteration
spells out,” Lynn Mehler, pharma regulatory lawyer at London-headquartered firm Hogan Lovells, told Endpoints News. Trump on Sept. 25 announced via social media that biopharma companies not starting construction projects in the US by Oct.1 would face 100% tariffs on branded drugs. But on Oct. 1, a White House official confirmed to Endpoints these levies would be delayed, as they are still being prepared. |
|
|
|
|
by Anna Brown
|
The UK is reportedly prepared to pay up to 25% more for drugs, as biopharma companies urge the government to spend more on medicines and President Donald Trump pressures drugmakers for lower prices in the US. The UK’s National Institute for Health and Care Excellence (NICE) — its cost-effectiveness watchdog — weighs whether to
recommend a new drug to the NHS, taking into account what’s called a quality-adjusted life year (QALY). If a drug is below the QALY threshold, NICE will recommend the drug to the NHS. The UK has a new proposal that includes raising that threshold by as much as 25%, according to a Wednesday Politico report citing two unnamed industry sources. Currently, a QALY’s upper limit is set at £30,000 a year. |
|
|
|
|
by Anna Brown
|
The FDA has revealed a new pilot program, dubbed the abbreviated new drug application (ANDA), which will encourage drugmakers to use domestic supplies of active pharmaceutical ingredients for generic drugs. The new program will speed up the review process for generic drugs for drugmakers who manufacture products in the US,
according to the FDA's Friday press release. Generic drugs make up about 92% of US retail and mail pharmacy prescriptions, according to a Brookings Institute report from March. Companies will be eligible for the pilot program if they are exclusively using US-based API sources, and if they
conduct any bioequivalence testing in the US. “Over-reliance on foreign drug manufacturing and testing creates risks both to national security and patient access, and undermines investments in US research, manufacturing and production,” CDER director George Tidmarsh said in the announcement. |
|
|
|
|
by Anna Brown
|
Eli Lilly is investing $1 billion over the next “several years” into its "contract manufacturing" footprint in India, a spokesperson confirmed to Endpoints News. The Indianapolis-headquartered company didn't give any details on exactly where the investment will be made, apart from an establishing a new
manufacturing and quality hub in Hyderabad, according to the Monday release. Recruitment at this facility will begin immediately, with roles open for chemists and engineers, among others, the release said. "Today in India, Lilly announced plans to invest more than $1 billion over the next several years into new contract manufacturing in India," the spokesperson told Endpoints. Lilly did not respond to Endpoints' request for comment on how many sites will be built, where they will be located and what products they will
manufacture. |
|
|
|
 |
Cell and Gene Therapy Catapult's facility in Stevenage, UK (Credit: Mytos) |
|
by Anna Brown
|
UK-headquartered cell therapy manufacturer Mytos is launching its first CDMO facility in the country, with plans to establish another facility elsewhere in the next four years. “What's great about automated manufactur& |
|
|