Employee benefits are programs or activities that extend beyond your team members' pay. This typically includes health insurance and paid time off at a minimum, as well as retirement matching, dental and vision insurance and life insurance. Perhaps you even offer extra perks like catered lunches and casual Fridays. While all of this is great, in order to attract top talent and to encourage loyalty and hard work from your current staff, it’s crucial to refresh your offerings. Not only will you help increase employee morale, but you’ll become a more competitive employer. It’s a win-win!
Positive Phase 3 date for Sanofi’s Dupixant
Positive Phase 3 data of Sanofi’s Dupixant has the company submitting data to the FDA for a fourth approval for the medication. According to Sanofi’s CFO, Jean-Baptiste Chasseloup de Chatillon the company’s plan to build Big Pharma’s “strongest franchise in immunology” hinges on their lead product Dupixent.
Agios received FDA approval
Common Pitfalls to Avoid as an Entrepreneur
Starting a business is a journey. Sure, there will be some ups and downs along the way. And even a few mistakes here and there as you test ways that work for you and discover ways that don't. However, there are certain common pitfalls that many entrepreneurs have fallen into the trap of doing, sometimes without even knowing it. See below how to identify them and how you can avoid them.
Eli Lilly to build 2 new manufacturing plants
In preparation for a potential Alzheimer’s launch, Eli Lilly is investing more than $440 million into a facility in Limerick, Ireland. The plant will employ more than 300 people once built. Additionally, they will spend $1 billion on an injectables facility in Concord, NC. This plant will hold some 600 workers. The site is about 400 acres, which will allow for future growth. Construction will start this year 2022 and take several years to complete.
How Business Leaders Can Turn Their Weaknesses into Strengths
According to recent studies, only around eight percent of high-potential individuals succeed. The rest derail. This metaphor is that of a train coming off the tracks, and it involves an unexpected stall on a person's career path. It can happen when a leader plateaus in their current role due to significant weaknesses. If not corrected, these flaws can become fatal setbacks, eventually dragging a leader down completely.
The Pros and Cons of Earning Your Degree Online
Education is a valuable thing. Most jobs that you’ll look at applying to recommend having at least a bachelor’s these days, with plenty of others preferring a master’s. Thankfully, there are online universities that allow people to take a more flexible approach to their schooling. Are you considering attending an online university? We’re going to cover everything you need to know to help you make your decision in this article.
Eli Lilly anticipating big things in 2022
In its mission to deliver 20 new drugs to the market in a decade, Eli Lilly is looking forward to two new launches in 2022. One is donanemab, a new treatment for Alzheimer’s disease. They have submitted the drug for an accelerated approval and expects to complete its rolling submission by the end of Q1 in 2022 with the hopes of a launch by the end of the year.
Biopharma’s Biggest M&A of 2021: CSL Behring to buy Vifor for $11.7B
In an effort to diversify its business, CSL Behring has entered an agreement to acquire Vifor Pharma. The deal will cost $11.7 billion which would be the largest M&A of 2021. The acquisition would give CSL kidney disease and iron deficiency franchises. CSL pipeline primarily has vaccine and blood plasma products.
Novo Nordisk diabetes medications lead marketing money spent in November
Examining the Pharmaceutical Supply Chain
The COVID-19 pandemic has challenged supply chains everywhere. The delivery of billions of vaccine doses and therapies globally has put an increasingly large spotlight on the global pharmaceutical supply chain. Now more than ever, there is a heightened focus on the development and ensuing distribution of pharmaceutical products—including the solutions, expertise and collaboration needed to deliver temperature-sensitive vaccines from a manufacturer’s facility to all corners of the world, on-time and in the right condition.
Modular Construction in Healthcare
Bluebird bio has a New Headquarter Location
With many of its employees working from home and the completion of its spinoff 2seventy bio, Massachusetts-based bluebird bio decided it was time for a headquarters move. The company will move three miles north from its Kendall Square location to Assembly Row along the Mystic River in Somerville, MA. The new space has 61,000 square feet and will be home to 425 employees.
AstraZeneca enters a $270 million deal with Covis
Fierce Pharma ranks the top 10 drug launch disasters in the past five years
A recent L.E.K. Consulting report found that about 40% of meds approved between 2004 and 2016 underperformed Wall Street’s prelaunch sales forecasts by over 20% in their first three years on market.
To follow is a list of 10 drug launches from the past five years that suffered some of the most significant failures. The companies range from big pharma to biotech startups in various therapeutic areas.
Pandemic increases departure of baby boomers from workforce
The 2021 Fierce Pharma Marketing Awards
Results from Merck’s investigational pill to treat COVID-19
Amgen’s Otezla patent extended until 2028
Two years ago, Amgen purchased the marketing rights to Celgene’s psoriasis pill Otezla for $13.4 billion. At that time, the company most likely did not think it would have to compete against Sandoz and Zydus Pharmaceutical in the generics market any time soon. And now, thanks to a win in court, Amgen appears poised to enjoy several more years of exclusivity in the key U.S. market.