Morning Briefing
Summaries of health policy coverage from major news organizations
Novartis Wins OK To Sell Copycat Cancer Drug
Novartis AG can sell in the U.S. the first imitation of a bioengineered drug approved by the Food and Drug Administration, a judge ruled in a setback for Amgen Inc. A federal judge in San Francisco allowed Novartis鈥檚 Sandoz unit to sell its version of Amgen鈥檚 $1.2 billion-a-year Neupogen cancer drug. The so-called biosimilar may save the U.S. health-care system as much as $5.7 billion in the next 10 years, according to an estimate by Express Scripts Holding Co., the largest pharmacy benefit manager in the U.S. (Pettersson, 3/19)
A federal judge rejected Amgen Inc.'s effort to temporarily block a competitor from releasing a copycat version of one of its top-selling biologic drugs. The Thousand Oaks biotech company had accused Novartis subsidiary Sandoz of violating the law in its effort to sell a version of Amgen鈥檚 infection-fighting drug Neupogen in the United States. (Pfeifer, 3/19)
Meanwhile, a聽small,聽early-phase trial of Biogen鈥檚 experimental drug for Alzheimer鈥檚聽shows promise聽-
Biogen Idec Inc.鈥檚 experimental drug for Alzheimer鈥檚 slowed progression of the disease in a study, offering a glimmer of hope after a string of failures by competitors who have tackled the ailment. The shares rose in early U.S. trading before markets opened. (Kitamura, 3/20)
And companies that聽make surgical devices to pluck blood clots from the brain are set for a jump in orders -
There鈥檚 a revolution under way in stroke care, and it鈥檚 not just patients who stand to benefit. Medtronic Plc and others who make tiny surgical devices to pluck blood clots from the brain are set for a jump in orders. Victims of stroke, the world鈥檚 second-biggest killer, are more likely to recover if doctors swiftly intervene to restore blood flow to the brain instead of relying on clot-busting drugs alone, new research shows. (Gale, 3/19)