Weight loss drug windfall attracts pharma companies
Source: Reuters SAN FRANCISCO, Jan 11 (Reuters) – Pharmaceutical executives from Amgen (AMGN.O) to Pfizer (PFE.N) are plotting to break into the lucrative obesity market by developing or cutting deals to acquire better drugs that will compete with Novo Nordisk’s (NOVOb.CO) Wegovy and Zepbound from Eli Lilly (LLY.N). At stake is a market that is now estimated to reach $100 billion at […]
Generative AI in the pharmaceutical industry: Moving from hype to reality
Source: mckinsey.com The technology could offer pharma companies a once-in-a-century opportunity – but only if they learn to scale it and address the industry’s unique challenges. Accelerated drug discovery. More efficient clinical trials. Quicker regulatory approvals. Ultra targeted marketing and medical materials generated in-house. Generative AI is transforming nearly all aspects of the pharmaceutical industry, revamping […]
Mumbai Police raids drug producing lab, arrests 2 with mephedrone worth crores
Source: India Today The Mumbai Police on Thursday arrested two people for allegedly operating a lab for illegally manufacturing a synthetic drug named mephedrone. The police also seized mephedrone having a market value of Rs 1.065 crore and other chemicals and machines worth Rs five lakh. The two men arrested were identified as Abrar Shaikh […]