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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 - 313 days 13 hours 9 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 - 312 days 18 hours 1 minute 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...

  • N.C. town welcomes Novartis plant

    FiercePharma - 1 day 12 hours 29 minutes ago

    Tomorrow's grand opening of a Novartis flu vaccine plant in North Carolina illustrates just how important pharma facilities can be to local economies--and just how far governments will go to attract them. Bearing in mind that plants and research labs alike are shutting down across the U.S. because of mega-mergers, it's instructive to remind...

  • Flu-remedy news spreads along with virus

    Fierce Pharma - 77 days 14 hours 7 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 - 92 days 16 hours 28 minutes 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

 

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