Former President Trump has imposed 100% tariffs on prescription drugs from companies that have not agreed to lower prices, a move aimed at incentivizing domestic production and reducing drug costs in the United States.
France and Italy have pushed back against some US-Israeli military operations, as US President Donald Trump criticized NATO allies in Europe for being unhelpful in the month-long war in Iran, highlighting growing transatlantic tensions.
Major US weight-loss drug manufacturers are reducing prices for medicines like Zepbound as they compete to attract customers and make treatments more affordable.
Following the expiration of Novo's patent, Indian drugmakers are set to sell a copy of the diabetes and weight-loss drug Ozempic for approximately $14 a month, significantly cheaper than the original.
Drugmakers are re-evaluating their strategies in Europe as the Trump administration implements significant overhauls to drug-pricing regulations in the United States.
International pharmaceutical companies are expanding their operations and presence in the United States, a strategic move influenced by the looming threat of tariffs.
Indian pharmaceutical companies are launching cheaper generic versions of Novo Nordisk's popular weight-loss and diabetes drugs, Ozempic and Wegovy, initiating a price war in the market.
The generic drugmakers, with many more expected to make announcements, are eyeing a share of the market for Semaglutide in India, which is estimated to be $1 billion over the next couple of years
Unease centered around the Iran war is keeping Korean drugmakers and health device companies on their toes amid growing concerns over supply chains and exports. The Korea Pharmaceutical and Bio-Pharma Manufacturers Association has warned that product supply schedules could be disrupted if the conflict in the Middle East leads to reduced flights, altered flight routes or closed airways. Delayed payments could also pose risks for companies, the business lobby said. “Disposable culture bags, filter
The United States has lifted sanctions on Delcy Rodríguez, Venezuela’s acting leader, allowing her to conduct business with U.S. companies and potentially meet with President Trump, with the US Treasury Department confirming the removal of previously imposed restrictions.
Doctors are worried about the FDA's scrutiny of RSV antibody shots, which are about 80% effective in preventing severe RSV in infants, while drugmakers maintain their safety.
Upcoming reforms targeting Pharmacy Benefit Managers (PBMs) are anticipated to shift the focus onto drugmakers, potentially increasing pressure on them regarding drug pricing strategies.