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Pharmaceutical Market

All articles tagged with #pharmaceutical market

"US Agencies Investigate Middlemen's Role in Critical Generic Drug Shortages"

Originally Published 1 year ago — by Federal Trade Commission News

The FTC and HHS have issued a Request for Information seeking public comment on how group purchasing organizations (GPOs) and drug wholesalers may be contributing to generic drug shortages. They are investigating market concentration, contracting practices, and the impact on pricing and availability of pharmaceutical drugs. The inquiry aims to uncover the root causes and potential solutions to drug shortages, with a focus on promoting competition in pharmaceutical markets to ensure access to high-quality, affordable care. The public has 60 days to submit comments on several topics related to generic drug markets and potential causes of shortages.

business healthcare-government-regulation drug-shortages ftc generic-drugs healthcare-government-regulation hhs pharmaceutical-market

GSK Inks $3 Billion Shingles Vaccine Deal with China's Zhifei

Originally Published 2 years ago — by Reuters

China's largest vaccines company, Zhifei, has signed a deal with British drugmaker GSK worth $3.05 billion for the exclusive rights to distribute GSK's shingles vaccine, Shingrix, in China. The agreement aims to expand the availability of the vaccine from 9,500 to over 30,000 locations across China. GSK's Shingrix is its top-selling medicine and the deal with Zhifei is part of GSK's strategy to achieve over $4.88 billion in sales by 2026. The agreement also grants GSK the right of first refusal for any co-development of an RSV vaccine for older adults in China.

business business business china gsk pharmaceutical-market shingles-vaccine zhifei