HKSTP, AstraZeneca introduce biotech incubator program
HKSTP and AstraZeneca employees at the co-incubation program signing ceremony. The Hong Kong Science and Technology Parks Corporation (HKSTP) and AstraZeneca have launched a co-incubation […]
Business and Finance
Lilly’s Covid-19 antibody cocktail granted EUA
The FDA has granted emergency use authorization (EUA) for the investigational monoclonal antibody therapy bamlanivimab (LY-CoV555) 700 mg and the antibody etesevimab (LY-CoV016) 1,400 mg together, Eli Lilly […]
GSK and CureVac partner up to develop future mRNA Covid-19 vaccines
During a week in which Johnson & Johnson submitted an application to the FDA for emergency use authorization (EUA) of its one-dose vaccine, GlaxoSmithKline plc […]
Ocugen and Bharat Biotech reach vaccine commercialization agreement for US market
Ocugen, Inc., a biopharma company, and Bharat Biotech, a vaccines specialist, have entered into a definitive agreement to co-develop, supply and commercialize COVAXIN, Bharat’s Covid-19 vaccine candidate, for […]
WuXi STA expands to Europe with purchase of BMS facility
WuXi STA—a subsidiary of WuXi AppTec and a contract development and manufacturing organization (CDMO) serving the life sciences industry—has agreed to purchase Bristol Myers Squibb’s […]
Verista acquires Hawkins Points
Verista, a compliance, automation and packaging solutions organization for the life sciences industry, has acquired Hawkins Point, a provider of life sciences business and technology […]
URAC and Acentrus Specialty sign patient care partnership
URAC, an independent healthcare accreditation organization, has launched a partnership with Acentrus Specialty, a specialty pharmacy network for hospitals and health systems. The Acentrus network […]
Bayer to manufacture 160M doses of CureVac’s Covid-19 vaccine
In today’s joint press briefing alongside German Health Minister Jens Spahn, minister-president of North Rhine-Westphalia, Armin Laschet, and CEO of CureVac N.V., Franz-Werner Haas, Bayer […]
Novartis to help manufacture Pfizer-BioNTech vaccine
Novartis will assist in the Pfizer-BioNTech Covid-19 vaccine production effort, signing an initial contract manufacturing agreement, the company announced today. The deal will have Novartis […]
Ashfield unveils new, personalized brands
Ashfield, a part of UDG Healthcare plc, announced the formation of three business units to help boost its integrated healthcare offerings across the strategic consulting, […]
Software and info tech business ink healthcare partnership
Komodo Health, a software platform company, and IT provider Blue Health Intelligence (BHI) have reached a multi-year agreement to integrate BHI’s patient data into Komodo’s […]
IntegriChain and Datavant reach patient visibility agreement
IntegriChain, a provider of data and business process market access support for the life sciences, announced a partnership with Datavant, a company that helps healthcare […]
Pfizer, BioNTech reach 40-million dose agreement with COVAX
Pfizer and BioNTech SE announced an advance purchase agreement with COVAX for up to 40 million doses of their Covid-19 vaccine. Financial terms of the […]
SkyCell and Korean Air form transportation partnership
SkyCell, a manufacturer of data-driven temperature-controlled containers for the pharma industry, has partnered with Korean Air Cargo as it focuses on business development in Korea. […]
VirtualHealth, Prealize establish care management collaboration
Prealize Health, an artificial intelligence (AI)-enabled predictive analytics company, announced a new partnership with VirtualHealth, provider of HELIOS, a software-as-a-service (SaaS) care management platform. The […]
Pelican BioThermal partners with Asiana Airlines
Pelican BioThermal, creators of the “School of Cool” online learning platform, has formed a partnership with South Korea-based Asiana Airlines, which helps expand the packaging […]
Thermo Fisher Scientific to purchase Mesa Biotech
Thermo Fisher Scientific Inc. has entered into a definitive agreement to acquire Mesa Biotech, Inc., a molecular diagnostic company, for approximately $450 million in cash. Per the […]
Cure Genetics partners with Boehringer Ingelheim in gene therapy initiative
Cure Genetics will collaborate with pharma company Boehringer Ingelheim to form novel adeno-associated virus (AAV) vectors, which will use Cure Genetics’ branded VELP platform to […]
Fujifilm expands growth with backing of another CDMO site
Fujifilm Corporation and The Massachusetts Center for Advanced Biological Innovation and Manufacturing (CABIM), whose goal is to ensure new therapeutics, medicines and technologies reach patients […]
‘Smart pill’ company etectRx and Pear Therapeutics form CNS partnership
etectRx, Inc., a digital health company, has entered into an agreement with Pear Therapeutics, Inc., a prescription digital therapeutics (PDTs) provider. The objective: develop up to […]
Thermo Fisher acquires Novasep’s viral vector manufacturing business
Thermo Fisher Scientific Inc. and Groupe Novasep SAS, a services and technologies supplier for the life sciences industry, announced that Thermo Fisher has acquired Henogen […]
Amalgam Rx acquires CDS business
Amalgam Rx, Inc., which specializes in digital therapeutics and patient support, has acquired Avhana Health, a clinical decision support (CDS) company with tools that are […]
CareMetx gains pair of investments
CareMetx, a technology-enabled hub services company whose goal is to improve patient access to specialty medications; General Atlantic, a global growth equity firm; and The […]
EVOQ Therapeutics inks autoimmune partnership
EVOQ Therapeutics has signed a license and collaboration contract with Amgen around the discovery and development of novel drugs for autoimmune disorders. Under the terms […]
Sanofi expands immunotherapy portfolio
Sanofi has acquired Kymab, a biopharma immunotherapy company. Under the deal’s terms, the drug manufacturer will purchase Kymab for an upfront payment of approximately $1.1 […]
Liveo’s blister films hit Argentinian market
Liveo Research and Plásticos DISE SA have entered into a strategic partnership to provide Argentinian pharmaceutical manufacturers and contract packagers with Liveo’s blister film portfolio. […]
Catalent agrees to sell Blow-Fill-Seal business
SK Capital Partners LP, a private equity firm that focuses on the specialty materials, chemicals and pharma sectors, has signed an agreement to acquire the […]
Bayer and CureVac team up on potential vaccine
Bayer has signed an agreement with CureVac N.V., a biopharma company that manufactures medication based on messenger ribonucleic acid (mRNA). Per the deal, Bayer will […]
Fujifilm to invest over $2B in US CDMO site
In an effort to speed up the growth of its biopharma contract development and manufacturing organization (CDMO), Fujifilm Corporation will invest over $2 billion to […]
AmerisourceBergen acquires Walgreens’ Alliance Healthcare for $6.5B
Nearly three years after Pharmaceutical Commerce began reporting on what was only a rumor at the time (albeit details were reversed), drug wholesaler AmerisourceBergen Corp. […]
Angelini Pharma acquires Swiss CNS company for up to $960M
Angelini Pharma, an international pharma company that is part of the Angelini Group, has acquired Swiss-based biopharma Arvelle Therapeutics, which focuses on advancing treatments for […]
Taysha Gene Therapies to open new cGMP facility
Taysha Gene Therapies, Inc., which focused on developing adeno-associated virus (AAV)-based gene therapies for the treatment of monogenic diseases, has entered into a lease agreement […]
Honeywell purchases software company for $1.3B
Technology giant Honeywell has agreed to acquire Sparta Systems for $1.3 billion in an all-cash deal, which is expected to close by the end of […]
LSBio bolsters antibody tech portfolio
LSBio, a supplier of antibodies and life science research reagents, has acquired Absolute Antibody, Ltd. and its sister company Kerafast. Terms of the deal were […]
Aceto adds chemical supply presence in the US
Aceto, a virtual manufacturer of specialty materials for the life sciences and advanced technology end markets, has acquired New York-based IsleChem. The latter’s specializations include […]
Syneos Health acquires Illingworth Research Group
Syneos Health, a biopharma solutions organization, has acquired Illingworth Research Group, a clinical research home health services provider. Illingworth’s specialization is in-home and on-site […]
Eversana and Experic form life sciences collaboration
Eversana and Experic, a contract manufacturing organization (CMO) and pharmaceutical supply service company, announced a partnership to enhance clinical development, manufacturing, launch planning and commercialization […]
Effective and proactive oversight of master data
The FDA identifies more than 20,000 prescription drug products as approved for marketing, and there are approximately 900,000 active physicians in the US who can […]
EQT makes $2.1B bid to purchase Recipharm
Private equity firm EQT AB has made an offer to acquire Recipharm AB, a contract development and manufacturing organization (CDMO), for $2.1 billion, EQT announced. […]
Real Endpoints aims to simplify drug contracting process
Real Endpoints (RE), an advisory and analytics firm focused on market access within the pharma industry, has launched RE Marketplace, a platform the company says […]
Tjoapack invests $12M in Netherlands facility
Tjoapack, a contract packaging organization (CPO) for the pharma industry, has invested $12.1 million into its packaging and supply chain facility in Etten-Leur, Netherlands over […]
DoKaSch and Air Europa expand pharma product capabilities
DoKaSch Temperature Solutions and Air Europa have signed a master rental agreement for the use of DoKaScho’s temperature-controlled Opticooler packaging solution. The partnership opens up […]
Eversana reaches predictive intelligence agreement
Eversana, a provider of global commercial services to the life sciences industry, and ArisGlobal, a drug development software company, have officially reached a partnership that […]
Bora Pharmaceuticals finalizes acquisition of GSK facility
Bora Pharmaceuticals Co., Ltd has officially acquired GlaxoSmithKline’s Mississauga, Ontario (Canada) facility in a minimum five-year supply agreement. The deal is part of a long-term […]
CarepathRx nabs managerial control of UPMC infusion unit
CarepathRx, a pharmacy management company, has partnered with the University of Pittsburgh Medical Center (UPMC)’s Chartwell subsidiary in a deal that executives say will expand […]
DHL further propels investment in San Juan facility
DHL Global Forwarding is growing its 72,000 sq.-ft. certified life science station in San Juan, Puerto Rico by investing over $650,000 in further cold storage […]
Amazon Pharmacy is here; will it change the retail drug business?
It is probable that Amazon’s Nov. 16 announcement of the long-awaited Amazon Pharmacy has had a bigger impact on Wall Street than in drug distribution, […]
Pharma Logistics and ConsortiEX join forces to foster supply chains
Pharma Logistics, a service provider operating out of its new Illinois-based reverse-distribution center, and ConsortiEX, a health care pharmacy IT company in Wisconsin, launched a […]
Conduent, Experian Health partner on Rx and patient assistance
Conduent Incorporated, a patient support company, has reached a commercial agreement with Experian Health, a data aggregator that provides revenue cycle management products involving patient engagement, […]
Payer harmony for Lilly’s Covid mAb?
Eli Lilly’s investigational monoclonal antibody (mAb) bamlanivimab, which recently was issued emergency use authorization (EUA) by the FDA for Covid-19, is unlikely to face payer […]
Analysts: Global API market to reach $306B by 2027
According to a recent report by Polaris Market Research, the worldwide active pharmaceutical ingredient (API) market valuation is projected to reach $306.1 billion by 2027. […]
Amazon moves full-bore into pharmacy space
In its biggest move yet in the tech giant’s steadily building but aggressive entrance into healthcare and the lucrative pharmacy market, Amazon today officially launched […]
Catalent-cell therapy manufacturer deal now complete
Following an agreement Pharmaceutical Commerce originally reported being reached in late October, Catalent Pharma Solutions, Inc. has officially completed its acquisition of Bone Therapeutics’ manufacturing subsidiary, Skeletal […]
Antares Vision Strengthens Traceability Position
Italian multinational Antares Vision, which offers customized inspection and track-and-trace systems, has been selected by the French judicial authority as the winner of the tender […]
UK’s Envision lands launch expert Two Labs
Envision Pharma Group, a UK-based scientific communications company, has acquired Two Labs, a strategic consulting and commercialization provider with a footprint in the US pharma domestic […]
J. Knipper completes acquisition of Eagle Pharmacy
J. Knipper and Company, Inc., a supplier of pharma healthcare marketing services, and its affiliates (including its three-year-old specialty pharmacy, KnippeRx), have finalized the acquisition […]
Descartes expands last-mile delivery presence
Descartes Systems Group, a supply chain software firm that offers its technology to the pharmaceutical space, has purchased ShipTrack, a Canada-based provider of e-commerce final-mile […]
Eversana inks pair of commercial data deals
Eversana, a provider of global commercial services to the life sciences industry, has solidified partnerships with a pair of comprehensive data and infrastructure companies, Symphony Health […]
Puerto Rico is poised for a greater supply chain role
OPINION The novel coronavirus has challenged the notion that our US supply chains were prepared, exposing limited logistics models, shuttering manufacturing lines, and causing personal […]
Survey: Technology and drug pricing clarity key to industry recovery
Proposed moves aimed at gaining ‘most-favored nation’ drug pricing so that Medicare pays the same drug prices as other developed countries would face significant barriers […]
Stevanato to expedite delivery of visual inspection systems to Catalent sites
Stevanato Group has expanded its collaboration with Catalent to include delivery of advanced visual inspection systems to help with potential Covid-19 pandemic programs, biologics and […]
Catalent to acquire cell therapy manufacturing facility in Belgium
Catalent has signed an agreement with Bone Therapeutics to acquire its cell therapy manufacturing subsidiary, Skeletal Cell Therapy Support SA, including all of its assets […]
Trebor Rx to begin production of TPE respirator masks in Canada
Trebor Rx, a new venture in Canada, is launching PRO+ Dual Respirator masks, a patent-pending mask made of thermoplastic elastomer (TPE) that can provide more […]
New alliance formed to serve biopharmaceutical and life sciences
Rapid Reshore & Development (RR&D), an alliance of three specialized firms working together to provide professional services for the life sciences and biopharmaceutical industries, has […]
New business options aim to ease clinical budget headaches
Strategikon Pharma is expanding its Clinical Maestro business operations platform for biopharmaceutical participants with two new offerings, a full-service model and an operator model. The […]
BioSpecifics to be acquired by Endo Pharmaceuticals
Endo International plc will acquire BioSpecifics Technologies Corp. in an all cash transaction totaling an estimated $658 million in equity value. The transaction was unanimously […]
HFAP joins ACHC in move that streamlines accreditation and certification services
The Accreditation Commission for Health Care (ACHC) and Healthcare Facilities Accreditation Program (HFAP) are joining to form a single company providing accreditation and certification services to providers. […]
AGC Biologics shifts leadership structure at US and Copenhagen sites
AGC Biologics, a biopharmaceutical contract development and manufacturing organization (CDMO), has announced leadership changes at its US and Copenhagen, Denmark operations. The changes became effective October 15. […]
UK importers/exporters warned to take immediate action as Brexit nears
Many businesses trading abroad ‘are in the dark’ about what they should be doing to prepare financially for the Brexit January 1, 2021 deadline, according […]
Supporting pharma’s shift in focus from patient ‘outputs’ to ‘outcomes’
Over the last few decades, many scientific and technological advancements have helped the healthcare landscape to flourish and change—and no more so than in the […]
BioLife division gets $2.7m cold chain and storage contract for Covid-19 vaccines
BioLife Solutions, Inc.’s recently acquired SciSafe division has been awarded a two-year contract estimated at $2.7 million from an unnamed ‘large pharmaceutical company’ for cold […]
IntegriChain launches advanced analytics to improve forecasting and accrual processes
IntegriChain, a Philadelphia-based data and managed services company, has introduced GTN Analytics, a service for life sciences manufacturers to improve visibility to the market access […]
Momentive Technologies and Stevanato Group collaborate on vials packaging
Momentive Technologies and Stevanato Group agreed to supply Momentive’s Pur Q fused quartz vials in Stevanato’s EZ-fill packaging format. The Pur Q vials are ultra-high-purity […]
Authentix acquires Bibliotheca anticounterfeiting unit
Authentix, Inc., an authentication and information service based in Addison, TX, has acquired the Traceless Authentication Group from Bibliotheca, Inc. a library systems company serving […]
Balaxi Ventures renamed to better reflect its core focus on pharma
India’s Ministry of Corporate Affairs has granted formal approval to Balaxi Ventures Ltd to change the company’s name to Balaxi Pharmaceuticals Ltd. The move received […]
IQVIA: Biosimilars on track to reduce drug costs by $100b over next five years
Biosimilar medicine availability and use are growing and on track to reduce drug costs by $100 billion over the next five years, according to a […]
Abzena invests $60 million to expand cGMP manufacturing capacity
Abzena, a contract provider of integrated services for biologics and bioconjugates, has invested $60 million into a new facility for late phase and commercial current good […]
Omnicell rebrands unit with mission to raise quality at lower cost for providers and payers
Omnicell, Inc. is rebranding its Population Health Solutions division into EnlivenHealth, a unit dedicated to enabling retail pharmacies and health plans to improve patient outcomes […]
MilliporeSigma making headway on new membrane production plant
Progress continues on MilliporeSigma’s new $165-million membrane production plant in Darmstadt, Germany, part of an overall $1.2 billion global headquarters investment that Merck KGaA announced […]
Continuity Pharma scores $1.5 million development grant
The Defense Advanced Research Project Agency (DARPA) has selected Indiana-based Continuity Pharma, a Purdue University-affiliated company, to receive a $1.5 million grant to develop continuous […]
Cryoport completes MVE and CryoPDP acquisitions
Cryoport, Inc. has completed the acquisitions of MVE Biological Solutions, a global supplier of manufactured vacuum insulated products and cryogenic freezer systems, and CryoPDP, a […]
Drug importation from Canada steps closer to realization
It’s taken nine months, but the Trump administration has delivered on one of its politically popular proposals: drug importation from Canada. HHS issued a Final […]
Cryoport gobbles up MVE Biological Solutions, extending its deep-frozen scope
On the heels of what would normally be considered a major acquisition by a relatively small company—Cryoport’s purchase of Paris-based CryoPDP—the company is now leaping […]
2020 Inc. 5000 lists 10 specialty pharmacies
A privately held pharmacy benefit manager, RxAdvance, has the No. 1 spot among 10 specialty pharmacies listed in this year’s Inc. 5000 (see table). With […]
The investment gold rush continues for regenerative medicines
The latest sector report from the Alliance for Regenerative Medicine (ARM), covering the first half of 2020, has a surprising finding: Despite the arrival of […]
Book review: The Price of Global Health, 3rd edition
Drug pricing has always been a controversial topic, but as controversies go, it is one of the hottest ones in healthcare today. Readers of The […]
Kalderos’ 340b management tools will broaden with new funding
Kalderos, a Chicago analytics company, attracted new attention a year ago as it garnered a round of funding and won business from 7 of the […]
