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With U.S. elections nearing, European pharma giants brace for potential pricing action: analystsWith U.S. presidential and congressional campaignsin full swing, it’s not just Americans anxiously awaitingthe results of the upcoming elections. The races couldaffect European pharma companies in a2020/9/21
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Pfizer leans into gene therapy manufacturing with 'build-buy-partner' strategyIn the bustling cell and gene therapy field, manufacturing is a major hurdle for drugmakers hoping to bring 10 to 20 new products to market each year in the coming decade. Pfizer has invested big mon2020/9/21
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BioNTech, CureVac bag $745M in German funding for COVID-19 vaccine hopefulsTwo German biotechs, BioNTech and CureVac, have been at the cutting edge of the hunt for a COVID-19 vaccine—a time-consuming and costly process. In order to get both over the finish line, the German2020/9/17
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Gilead needs 'heroic' Immunomedics revenues to get a return on $21B deal: analystGilead Sciences has long needed to diversify beyond its core antivirals business, and oncology seemeda wise choice for expansion. But should it be paying $21 billion for Immunomedics? Analysts have s2020/9/16
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Takeda unveils new Boston R&D manufacturing center for cell therapy pipeline pushJapanese drugmaker Takeda has trumpeted its plan in recent years to cut billions of dollars in costs and pivot around oncology and rare diseases. A key part of that strategy is Takeda's next-gen cell2020/9/16
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Novavax adds antigens to COVID-19 production pact with Indian vaccines giantDespite a lackluster history of taking vaccines to market, Maryland's Novavax is streaking through clinical trials for its promising COVID-19 shot candidate. Going commercial is a whole other beast,2020/9/15
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Gilead splashes out $21B for Immmunomedics, keeping the pedal on new target weeks after AZ-Daiichi dealIf industry watchers were amazed by AstraZeneca putting down up to $6 billion in July for a Daiichi Sankyo experimental TROP-2-directed cancer drug, they are now likely even more in awe of the size o2020/9/15
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Eli Lilly, buoyed by Olumiant's COVID-19 data win, eyes emergency nod from FDAThe pharma industry’s massive pandemic response may have yielded another winner, as Eli Lilly’s Olumiant—combined with Gilead’sremdesivir—improved recovery timein patients hospitalized with COVID-19.2020/9/14
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AbbVie to bring most employees back on site Monday despite COVID-19 concerns: reportAs newCOVID-19 new infections and deaths in the U.S. continue to march downward, companies are having to make a difficult choice: Stay at home or back to business as usual? For drugmaker AbbVie, this2020/9/14
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Merck KGaA's MilliporeSigma pumps $65M into new facility for next-generation oncology medsMerck KGaA's MilliporeSigma unit morethan doubled itsgene therapy manufacturing capacity in April as it set its sights on the future. Now, the German drugmakeris making a big down payment on a new ma2020/9/11