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Pharmaceuticals, health and wellness

Amarin aims for Vascepa boom with doubled sales force nearly in place

Amarin scored an FDA win with blockbuster potential last year when its fish oil-derivative Vascepa received a heart-helping nod on top of statins. Now, with Amarin’s fleshed out sales force nearly in place and prescriptions soaring, the drugmaker is ready to take Vascepa to the next level.  Amarin closed 2019 with a whopping 87% increase […]

AstraZeneca, still in asset-sale mode, hands off most global rights for constipation med Movantik

British drugmaker AstraZeneca has spent much of the past few years in asset-sale mode, offloading of a range of its specialty products in return for extra cash to plow into areas such as oncology. Now, AstraZeneca has agreed to divest the rights to one of its GI meds in a move the acquirer is calling a “transformative event” […]

Perrigo, Catalent get generic of Teva inhaler approved on 4th go-round

It took four tries over four years, but Perrigo has finally gotten over the finish line with its generic of Teva’s tricky-to-make ProAir HFA inhaler for chronic obstructive pulmonary disease and asthma.   Perrigo and its manufacturing partner Catalent touted the news jointly today, saying they are releasing a limited supply now of the generic albuterol […]

Mallinckrodt floats $1.6B opioid deal, bankruptcy for specialty generics unit

Hamstrung by opioid lawsuits and mounting debt, opioid maker Mallinckrodt has spent the past few months taking a hard look at bankruptcy to help cover its debts. Now, with a massive opioid settlement in the works, Mallinckrodt’s specialty generics business will enter court-supervised restructuring to help secure its hefty payments. Mallinckrodt has agreed to a $1.6 […]

Novartis’ hot new eye drug Beovu tied to potential vision loss: experts

Novartis has touted early success for its new eye drug Beovu, but an alert tying the drug to potential vision loss might cause docs to balk when it comes to prescribing the medicine.  The American Society of Retina Specialists (ASRS) issued a note Sunday night to members about 14 cases of retinal vasculitis for Beovu patients, 11 of which were occlusive retinal vasculitis that […]