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FTC Files Lawsuit to Block Amgen’s Acquisition of Horizon, Amgen Fires Back

  • Post author:PacConAdmin
  • Post published:May 16, 2023
  • Post category:Drug Industry Daily

The FTC announced Tuesday that it is suing to block Amgen from its intended $27.8 billion acquisition of Horizon Therapeutics, claiming the buy would create a monopoly on drugs used…

Continue ReadingFTC Files Lawsuit to Block Amgen’s Acquisition of Horizon, Amgen Fires Back

Legislative Update — Week of May 15, 2023

  • Post author:PacConAdmin
  • Post published:May 16, 2023
  • Post category:Drug Industry Daily

As the 118th Congress continues, FDAnews will track important pending legislation to keep you updated on regulations that could impact your business. Source: Drug Industry Daily

Continue ReadingLegislative Update — Week of May 15, 2023

Most Class I Device Recall Notices Lack Key Identification Numbers, Study Says

  • Post author:PacConAdmin
  • Post published:May 15, 2023
  • Post category:Drug Industry Daily

Among devices subject to an FDA Class I recall from 2018-2022, only one-quarter of recall notices included adequate information to accurately identify the device or component at fault, according to…

Continue ReadingMost Class I Device Recall Notices Lack Key Identification Numbers, Study Says

Device Industry Sees Surge in Trade Agreement, False Claims Litigation

  • Post author:PacConAdmin
  • Post published:May 15, 2023
  • Post category:Drug Industry Daily

Part 1 of a two-part series on litigation trends in the medical device industry. Source: Drug Industry Daily

Continue ReadingDevice Industry Sees Surge in Trade Agreement, False Claims Litigation

EU Commission Template Guides Reports on Device Clinical Trial Results

  • Post author:PacConAdmin
  • Post published:May 15, 2023
  • Post category:Drug Industry Daily

The EU Commission’s latest guidance on its new medical device regulations provides a detailed explanation of the required content, as well as the structure, for the summary of a report…

Continue ReadingEU Commission Template Guides Reports on Device Clinical Trial Results

Benefits of Priority Review Include Speedier Track, Potential Vouchers

  • Post author:PacConAdmin
  • Post published:May 15, 2023
  • Post category:Drug Industry Daily

While not an approval pathway itself, the FDA’s Priority Review designation can put investigational drugs on a speedier track to securing an approval. Source: Drug Industry Daily

Continue ReadingBenefits of Priority Review Include Speedier Track, Potential Vouchers

Despite Data Concerns, FDA AdComm Supports Accelerated Approval for Gene Therapy

  • Post author:PacConAdmin
  • Post published:May 15, 2023
  • Post category:Drug Industry Daily

On a split 8-6 vote, an FDA advisory committee supported an Accelerated Approval for Sarepta’s SRP-9001, a first-in-class gene therapy for Duchenne muscular dystrophy, which strikes young boys. Source: Drug…

Continue ReadingDespite Data Concerns, FDA AdComm Supports Accelerated Approval for Gene Therapy

First Nonhormonal Treatment for Menopause Hot Flashes Wins FDA Approval

  • Post author:PacConAdmin
  • Post published:May 12, 2023
  • Post category:Drug Industry Daily

Astellas Pharma has received FDA approval of its Veozah, the first nonhormonal treatment for moderate-to-severe vasomotor symptoms (VMS) of menopause — primarily hot flashes and night sweats. Source: Drug Industry…

Continue ReadingFirst Nonhormonal Treatment for Menopause Hot Flashes Wins FDA Approval

Philips to Pay $62 Million to Resolve Charges of Violating U.S. Law in China

  • Post author:PacConAdmin
  • Post published:May 12, 2023
  • Post category:Drug Industry Daily

Netherlands-based devicemaker Philips has agreed to pay $62 million to settle charges made by the U.S. Securities and Exchange Commission (SEC) that it “engaged in improper conduct to influence foreign…

Continue ReadingPhilips to Pay $62 Million to Resolve Charges of Violating U.S. Law in China

FDA Seeks Feedback on AI and Machine Learning in Drug Development

  • Post author:PacConAdmin
  • Post published:May 12, 2023
  • Post category:Drug Industry Daily

The FDA is seeking feedback on a discussion paper focused on using AI and machine learning (ML) in drug development as well as in the development of medical devices intended…

Continue ReadingFDA Seeks Feedback on AI and Machine Learning in Drug Development
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