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FiercePharmaManufacturing 02/26/2020 10:17
Bayer chairman Werner Wenning will step down in April, two years ahead of schedule, and he'll be replaced by accountant Norbert Winkeljohann. Bayer's tradition is to appoint experienced company veterans as chairmen, but perhaps Winkeljohann's outsider status will help Bayer navigate a litany of troubles, from ongoing Roundup lawsuits to competition and coverage challenges surrounding its new cancer drugs.
FiercePharmaManufacturing 02/25/2020 16:50
With Mallinckrodt facing a proposed $1.6 billion opioid settlement and bankruptcy of its specialty generics unit, the Irish drugmaker is digging deep for promising signs in what's left of the business. One source of hope? None other than controversial H.P. Acthar Gel, which Mallinckrodt said it's working to prop up amid the opioid fallout.
FiercePharmaManufacturing 02/24/2020 14:25
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 issued a note Sunday night to members about 14 cases of retinal vasculitis for Beovu patients, 11 of which were occlusive retinal vasculitis that can lead to vision loss.
FiercePharmaManufacturing 02/24/2020 09:19
As the Democratic primaries roll on, one Republican senator is making a big push for his legislation. Sen. Chuck Grassley has predicted his Senate Finance Committee bill, introduced with Sen. Ron Wyden, will pass by May. He aims to attract more Republican support, negotiate with House speaker Nancy Pelosi and win the president's endorsement for the bill.

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