Pharmaceuticals

India to spend 100 billion rupees to make biopharma production hub

The funding will be directed towards the research and production of biologics and biosimilar medicines

The FDA PreCheck programme, first announced in August, aims to streamline review of domestic pharmaceutical plants and eliminate unnecessary regulatory requirements.

US FDA launches programme to boost domestic drug manufacturing

It’s in line with President Donald Trump’s executive order in May to shift manufacturing of drugs to the US

In 2024, China’s National Medical Products Administration approved 83 new drugs, a 12% year-on-year increase, significantly outpacing the US Food and Drug Administration’s 50 novel medicines.

How China rewrote the rules of drug innovation

In an era where AI-driven drug discovery accelerates candidate generation faster than traditional systems can evaluate them, regulatory velocity becomes a binding constraint

To promote growth, Hisamitsu is stepping up overseas expansion as it faces intensifying competition at home.

CEO of Salonpas maker seeks to take the 450 billion yen drug firm private

The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages

The drugmaker expects adjusted profit of between US$2.80 and US$3 per share for the coming year, below analysts’ average estimate of US$3.05 per share.

Pfizer forecasts 2026 profit below expectations on lower Covid product sales

Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales

Novartis will pay US$55 million upfront to combine its expertise in immuno-dermatology with the British firm’s drug discovery AI platform.

Novartis strikes deal with UK biotech for up to US$1.7 billion

Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences

Macro trends such as the ageing population and rising incomes will boost pharmaceutical spending.

Malaysia’s retail pharmacy boom draws billion-ringgit bets as IPO pipeline builds

The catalyst – news that BIG Caring Group is weighing a blockbuster listing in Bursa Malaysia next year

ChemLex has also signed an MOU with the Experimental Drug Development Centre. At the signing ceremony were Sean Lin (seated, left), founder and CEO of the startup, and Prof Damian O’Connell (seated, right), CEO of EDDC.

Chemistry AI startup ChemLex raises US$45 million, sets up global HQ in Singapore

The funds will be used to hire more hardware and software engineers as well as chemists in the city-state

The US agreed to “exempt UK-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from Section 232 tariffs.”

US, UK announce deal on pharmaceutical tariffs, drug pricing

[WASHINGTON] The Trump administration has reached an agreement with the UK to allow tariff-free imports of pharmaceutical products in exchange for a significant reduction in rebates drugmakers pay to ...

A WeRide autonomous taxi in Guangzhou. China is rapidly pressing ahead in two frontier technologies: autonomous vehicles and new drugs.
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