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Pharma Roundup: Novartis Flu Contract, Roche Leads Cancer, and More

By John Maas | Jan 16, 2009

U.S. government awards $486 million flu contract to Novartis — The deal funds a Novartis plant to be built in Holly Springs, North Carolina; the plant will employee 300 people and will be capable of producing 150 million doses of flu vaccine within six months in the event of a national pandemic. [Source: PharmaTimes]

Roche to dominate cancer sales by 2012, especially with GenentechURCH Publishing has released a market report which pegs Roche as the future market leader in cancer drugs, followed by Genentech. If Genentech is second to Roche, and the Roche buyout of Genentech goes through, Roche will become a true cancer powerhouse. The global oncology drugs market in 2012 is estimated at $103.9 billion. [Source: FiercePharma]

Cracks in the glittering facade of generics — Generics have been hailed as the heirs to drug fortunes, and some companies (ie, Teva) have met with enormous success in the field. But there are signs that the industry has problems, among them: manufacturing problems that discredit generics on the whole, increased patent protection, and consolidation. [Source: In Vivo]

Zyprexa update — The second circuit court has agreed to review the class certification on the pricey lawsuit levied against Lilly’s Zyprexa. [Source: Drug and Device Law]

BNET User Analysis

Web Buzz:
  • HHS, Novartis ink $486M vaccine deal

    Fierce Pharma - 296 days 17 hours 40 minutes ago

    Novartis has nabbed $486 million from the U.S. government for its flu-vaccine plant for Holly Springs, North Carolina, where it will churn out vaccine for seasonal flu and gear up for production of a pandemic vaccine. The company had already won a $220 million HHS grant for the project in 2006 and broke ground on it last May. The $486 million,...

  • Novartis to Build Vaccine Plant in North Carolina for U.S. Government

    BNET Government - 295 days 22 hours 33 minutes ago

    The U.S Department of Health and Human Services awarded a contract worth almost $500 million to Novartis to construct a vaccine plant. The cost of construction will be shared by the company and the U.S. government. Reuters reports that it will be built in Holly Springs, North Carolina. The goal is to have a facility that will be able to produce...

  • Flu-remedy news spreads along with virus

    Fierce Pharma - 60 days 18 hours 39 minutes ago

    A slew of new H1N1 flu treatment news hit over the long weekend, so we're offering a roundup to help you get back up to speed.  Stay tuned; with flu season already heating up in the northern hemisphere, H1N1 pharma-related news is coming fast and furious.  - check out the Financial Times article- read the Reuters story on Sanofi- get more on...

  • Novartis Gets $690 Million H1N1 Vaccine Order

    Seeking Alpha - 75 days 21 hours ago

    Swiss company Novartis (NYSE: NVS) received an order for $346 million for antigen and $343.8 million for adjuvant totalling $690 million in July. Currently, Novartis is building a vaccine facility in Holly Springs and is hiring right now for validating the buildings and getting them up and running. So there

  • Outcry as companies score flu drugs, shots

    FiercePharma - 1 day 17 hours 54 minutes ago

    Are certain companies getting VIP treatment this flu pandemic? You tell us. Accusations of preferential drug-and-vaccine sales arose almost simultaneously on opposite sides of the globe as South Korean prosecutors raided Roche's offices in Seoul and news broke in New York that two megabanks got flu-shot doses despite a vaccine shortage. First,...

 

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