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FDA Decision Signals New Competition For Some Of The Costliest Drugs

2015-03-10 22:49:57| Biotech - Topix.net

McCamish is in charge of biopharmaceutical drug development at the Sandoz division of Switzerland's Novartis. He and his colleagues made the case to a panel of 14 cancer specialists and a group of Food and Drug Administration regulators that a company drug codenamed EP2006 should be approved for sale in the U.S. The drug, brand name Zarxio, is similar to but not quite identical to Amgen's Neupogen, a medicine approved by the FDA back in 1991 to fight infections in cancer patients.

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Report: Specialty drugs drive prescription spending jump

2015-03-10 16:40:36| Biotech - Topix.net

Prescription drugs spending jumped 13 percent last year, the biggest annual increase since 2003, according to the nation's largest pharmacy benefits manager. Express Scripts Holding Co.

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7 Bay Area drugs that face competition from cheaper biotech 'generics'

2015-03-09 23:57:21| Biotech - Topix.net

Avastin Indication: Colorectal, lung and other cancers. Global 2014 sales: $6.6 billion.

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Biotech Celgene Thrives On Life-Giving Drugs

2015-02-28 17:03:26| Biotech - Topix.net

The premise: find applicable uses for derivatives of thalidomide, a drug banned by the FDA in 1961 after causing tens of thousands of birth defects. But the rock-solid biotech stuck to its research-and-development guns.

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Gilead dodges billions in taxes as money rolls in from hepatitis C drugs

2015-02-26 23:21:38| Biotech - Topix.net

Gilead Sciences, whose $1,000-a-pill hepatitis C treatment is one of the world's most expensive drugs, is avoiding billions of dollars in U.S. taxes by booking profits overseas. The Foster City company reported foreign income before taxes of $8.2 billion for 2014, earning more in non-U.S. profits than it recorded in non-U.S. sales.

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