Tag Archive for: Europe

U.S. gene sequencing company Illumina’s plan to divest cancer diagnostic test maker Grail received the green light from EU antitrust regulators on Friday after having blocked the deal two years ago.

Alvotech said on Thursday it has reached settlement agreements with Johnson & Johnson for launching a biosimilar of the pharmaceutical giant’s blockbuster psoriasis drug Stelara in Japan, Canada, and Europe this year.

The EU’s drug regulator was still reviewing on Friday whether Novo Nordisk’s popular weight-loss drug Wegovy could also be used in some cases to reduce the risk of strokes and heart attacks.

PTC Therapeutics said on Thursday the European health regulator’s advisory panel reaffirmed a negative opinion for its drug used to treat an inherited progressive muscle-wasting disorder, sending its shares down over 11% in extended trading.

While the patent for Biogen’s drug has expired in the United States, it had scored a win in Europe in March.

Sanofi’s Fexinidazole Winthrop is the first oral treatment for an acute form of sleeping sickness, a lethal parasitic disease transmitted by the bite of infected tsetse flies and found in 36 African countries.

Bird flu is spreading fast in Europe but arrived later this year after a warm autumn delayed migration of wild birds, the main carriers of the virus that led to the death of millions of poultry in the past years, scientific agencies said on Thursday.

In May 2023, the menopause drug received FDA approval for treating moderate to severe symptoms. Astellas said in Thursday’s announcement that the late-stage results “will support health technology assessment and reimbursement dossiers throughout Europe.”

Novo Nordisk is diverting manufacturing capacity away from its older GLP-1 drug Victoza in order to cater to sky-high Ozempic demand.

The European Patent Office declared a contested mRNA patent owned by Moderna invalid on Tuesday, the office said, handing a win to BioNTech and its partner Pfizer in a patent dispute between the two coronavirus vaccine makers.