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Biogen acquires Reata and cuts 1,000 jobs

Drug Discovery World

The news follows an announcement by the company last week that it would cut around 1,000 jobs, or 11% of its workforce, to allow investment into its product pipeline. In its second quarter results, the company said its new ‘Fit for Growth’ programme would generate approximately $1 billion in gross operating expense savings.

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Unleashing the Potential of Brand Journalism in the Healthcare Industry

XTalks

It involves crafting narratives and delivering news-like stories that are relevant, educational and entertaining, while also aligning with the brand’s values and objectives. Additionally, Xtalks offers multimedia content development, targeted audience engagement and methods for enhanced brand exposure.

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UK is first European country to see COVID-19 deaths pass 100,000

pharmaphorum

Opposition leader Sir Keir Starmer said the news represented a “national tragedy and a terrible reminder of all that we have lost as a country.”. He also said 6.8 million people in the UK have now received one of the available COVID-19 vaccines.

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A history of AstraZeneca

pharmaphorum

We take a look at the company’s story, from its creation as a merger of two equals, to its recent major restructuring and its drives in cutting-edge oncology and COVID-19. AstraZeneca’s first acquisition following its creation was of KuDOS Pharmaceuticals, a UK biotech company, for £120 million in 2005. Pascal Soriot.

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Hitting Pause on Criticism of the FDA, Just for Today

Pharmacy Checkers

So, without further ado, a moment of praise amongst the criticism: Despite its inability to please everyone, the FDA protects, lengthens, and improves the quality of hundreds of millions of lives through its work regulating the development, creation and distribution of medical products. The inspectors did their job.

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STAT+: Pharmalittle: Moderna must face patent claims over its Covid-19 vaccine; Pfizer and BioNTech testing combo Covid and flu shot

STAT News

government , Bloomberg News writes. Genevant Plans for a $400 million investment by Eli Lilly in a new manufacturing plant in Limerick, Ireland, have been put on hold following an objection by a local landowner over concerns of flooding of his lands by contaminated water , The Irish Examiner reports.

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Long COVID but short on treatment options

pharmaphorum

With COVID-19 vaccines and therapeutics developed in rapid time, Ben Hargreaves investigates why this has not been the case with the creation of a treatment for Long COVID. The bad news for those living with the condition is that the pipeline of possible treatments is virtually empty. A serious and poorly understood problem.