GSK-Pfizer deal illustrates risks and rewards of moving up the biopharma value chain
The potential rewards for drugmakers' investments in pharmaceuticals and vaccines are enormous, but so are the risks, an industry consultant said.
GSK plans consumer health spinoff to strengthen focus on pharmaceuticals, vaccines
The British drugmaker plans to separate the consumer health joint venture with Pfizer announced Wednesday three years after the transaction closes.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Startup Xealth enables physicians to digitally recommend OTC products
The Seattle-based company's new feature will initially go live at two health systems: Providence St. Joseph Health and UPMC.
When healthcare devices go over the counter
An important trend contributing to the consumerization of healthcare is the transformation of select prescription categories to over-the-counter.
Consumer tech companies developing OTC hearing aids
Several recent developments are of note as consumer electronics companies, hearing aid manufacturers, audiologists, physicians, consumer advocates and regulators prepare for a surge of new hearing devices and changes in the hearing healthcare system.
FDA requests input regarding re-engineering of the 40-year-old OTC monograph process
By Riëtte van Laack – The Over-the-Counter (“OTC”) drug regulatory framework was established by FDA more than 40 years ago in the OTC Drug Review. The procedure was intended to lead to a monograph which described the active ingredients and conditions that are generally recognized as safe and effective (“GRASE”) for each of more than […]
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A Personalized Approach to Medication Nonadherence
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Pharmacist wants to crowdfund $25K for OTC gel that stops a nosebleed in one minute
No more sitting with the school nurse, five Kleenex, head tilted back during recess. A startup with University of Wisconsin ties has launched a $25,000 Indiegogo campaign to bring over-the-counter nosebleed relief to patients with a topical gel that claims to stop the nosebleed in one minute. Greg Dockter, a pharmacist, founded ByzMed LLC because […]
How a cotton candy machine gave this NSF-funded, Indiana-based wound-healing startup its first big idea
When two students working at Purdue University’s Center for Paralysis Research were making small talk around the company water cooler–strike that, cotton candy machine, they didn’t have an inkling that it might lead to business competitions, grants, NSF Small Business Innovation Research funding, a patent and a startup. But that’s exactly how Medtric Biotech began […]
GSK sells 17 OTC brands to Prestige for $660M; alli still on shopping block
GlaxoSmithKline (NYSE:GSK) will sell 17 of its over-the-counter products to Prestige Brands Holdings (NYSE:PBH) in a $660 million cash deal that sheds North American rights to GSK brands such as heartburn drug Tagamet, pain reliever Ecotrin and digestive aid Beano. The deal is expected to close in the first half of 2012. When complete, it […]
GSK to shed weight loss drug alli and 18 other OTCs; sale expected by year’s end
GlaxoSmithKline (NYSE:GSK) weight loss drug alli and 18 other over-the-counter products will be sold as the pharmaceutical giant pares down its consumer healthcare business. London-based GSK, which has its U.S. headquarters in Research Triangle Park, North Carolina, said Thursday that it will begin talking with potential buyers of those products in the next few weeks […]
Maximize Revenue and Patient Care with Strategic Weight Loss Management
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.