The Swiss pharmaceutical giant Novartis has announced plans to close its manufacturing facility in Wehr, Germany, by the end of... Read more
Tag: #Global Trends
BioNTech to cut nearly 1,900 jobs and exit manufacturing sites in strategic shift toward oncology
German biotech firm BioNTech has announced a major pull-back in its global manufacturing footprint following a sharp decline in COVID-19... Read more
Axsome raises Auvelity’s peak sales projection to $8 billion following Alzheimer’s nod
Following the FDA's approval of Auvelity for treating agitation associated with Alzheimer's disease (ADA), Axsome Therapeutics has significantly increased its... Read more
Novartis finalizes U.S. expansion plan with new facility in North Carolina
Pharmaceutical giant Novartis has announced plans to build a new manufacturing facility in Morrisville, North Carolina. This marks the seventh... Read more
Amgen adds $300M to Puerto Rico manufacturing expansion
Biopharmaceutical giant Amgen has announced an additional $300 million investment in its manufacturing site in Juncos, Puerto Rico. This latest... Read more
UK rolls out 60-second cancer injection: Cutting treatment time by 90%
The National Health Service (NHS) in England has officially begun offering a subcutaneous injection for cancer immunotherapy. This breakthrough reduces... Read more
Over 63,000 infant formula units recalled in the U.S. due to bacterial toxin contamination
The U.S. Food and Drug Administration (FDA) has announced a voluntary recall of tens of thousands of infant formula cans... Read more
Bayer recalls hundreds of thousands of Afrin nasal sprays over child poisoning risks
Pharmaceutical giant Bayer has initiated a voluntary recall of over 786,000 units of Afrin Original nasal spray in the U.S.... Read more
FDA Clears Veppanu: First Oral PROTAC Protein Degrader Approved for ESR1-Mutant Breast Cancer
The FDA has officially approved Veppanu (vepdegestrant; ARV-471), a first-in-class oral selective estrogen receptor degrader (SERD) using PROTAC technology. Developed... Read more









