Tag Archives: Drug

Amazon’s drug push has one start-up cutting staff, selling pharmacies to help businesses compete

Analysts say Amazon is poised to disrupt the $ 934.8 billion dollar global pharmaceutical industry. PillPack Nimble Pharmacy was among a crop of emerging companies, backed by venture capitalists, aiming to deliver prescription drugs from their own pharmacies to consumers’ homes or offices. Then Amazon bought online pharmacy PillPack in 2018, and Nimble needed to… Read More »

Billionaire Los Angeles Times Owner Patrick Soon-Shiong Accused Of ‘Catch-And-Kill’ Scheme—With A Cancer Drug

Patrick Soon-Shiong at the Ambrosetti International Economic in September 2018 in Como, Italy.Pier Marco Tacca/Getty Images Sorrento Therapeutics has accused billionaire Patrick Soon-Shiong of acquiring a cancer drug that would have competed with the blockbuster drug he invented and preventing it from ever reaching the market, according to a civil complaint filed in Los Angeles… Read More »

Sage wins OK for depression drug Zulresso. Up next? Major marketing challenges

Sage Therapeutics has the first-ever approval for a prescription drug for postpartum depression, thanks to the FDA’s Tuesday nod for Zulresso. But it also has a number of big challenges ahead. Regulators greenlighted the product—a one-time injection—after a three-month delay, which they took to give themselves some extra time to work on a risk evaluation… Read More »