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One year to the day after President Donald Trump's Liberation Day, he is expected to detail tariffs on the pharma industry. And according to a document seen by Endpoints News, only a small percentage of companies might be hit by the full 100% levy, as there are many provisions to the plan. Read more from Anna Brown below. |
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Reynald Castaneda |
Deputy Editor, Endpoints News
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President Donald Trump with Novo Nordisk CEO Maziar Mike Doustdar (center left) and Eli Lilly CEO David Ricks (center right) at the Oval Office (Andrew Caballero-Reynolds/AFP via Getty Images) |
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by Anna Brown
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President Donald Trump is reportedly set to implement 100% pharmaceutical tariffs as soon as Thursday, but according to a draft seen by Endpoints News, it appears they would only affect a small portion of drugmakers. The draft document lays out how Trump is planning to implement the tariffs on the pharma industry and how
drugmakers with “most favored nation” deals with the White House will be exempt until 2029. While the White House did not immediately respond to questions from Endpoints, Bloomberg News reported some details of the plan Wednesday, including that they could be announced as soon as today. The draft document could still be subject to change before the administration officially announces
it. | |
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Researchers Kiran Musunuru (L) and Rebecca Ahrens-Nicklas (Photo credit: Ryan Collerd) |
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by Ryan Cross
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Last year's successful treatment of an infant known as Baby KJ encouraged scientists to try again. But now, five weeks after the FDA outlined its plans to make such individualized genetic medicines more accessible, researchers are realizing how difficult it will be to meet those new requirements. “The door is open. It's just not very
widely open,” Kiran Musunuru, the gene editing scientist at the University of Pennsylvania who co-led the creation of Baby KJ’s therapy, told Endpoints News in an interview. The Baby KJ story has been touted by US health officials as a shining example of the type of drug development they want to make easier and faster. But many times over the last year, the agency has
publicly promised to deregulate or create new pathways, only for companies to run into roadblocks. | |
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by Anna Brown
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Nearly all of Incheon-headquartered Samsung Biologics' union members have supported plans to strike over wage negotiations, after an internal employee data leak in November. The Samsung Biologics Labor Union said Monday that 95.52% of its members voted in favor of the strikes. The union group represents about 75% of Samsung Bio’s roughly 5,000-person workforce. The labor action would begin in May unless workers reach an agreement with the CDMO before then, according to the union. The workers' concerns follow an internal data breach in November that caused personal employee data, including salaries and performance assessments, to be accessible to any Samsung Bio worker,
according to a report from Business Korea. | |
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by Anna Brown
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Novo Nordisk is laying off roughly 400 staffers at the Bloomington, IN, factory it recently acquired, after manufacturing issues led the FDA to reject drugs from three separate companies that had contracted with the facility. The job cuts will take place in May, and are mostly manufacturing positions, a Novo spokesperson told
Endpoints News. Once completed, the facility will employ around 1,400 workers, the spokesperson said. The Danish drugmaker told Endpoints it is reducing its headcount over "business realities" in a competitive market. “It's work that requires a focused, right-sized team. We're aligning our staffing accordingly,” the spokesperson said. Novo acquired the Indiana factory in a deal with its parent entity, Novo Holdings, following the latter’s $16.5 billion purchase of the contract manufacturer Catalent. The transaction was first announced in February 2024. | |
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by Lei Lei Wu
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The FDA has postponed its deadline on whether to approve Orca Bio’s T cell therapy by three months to July 6. The agency was expected to reach a verdict by April 6, but pushed back the decision date after the private company submitted additional data around the manufacturing of its cell therapy. Known as Orca-T, it is designed to cut the risk of
chronic graft-versus-host disease, a potential serious complication of stem cell transplants used for blood cancer patients. “As part of that normal review process, we had submitted quite a bit of data with regards to the CMC package late in the review cycle, in the March timeframe, in response to some of the FDA questions,” Orca Bio cofounder and CEO Nate Fernhoff told Endpoints News. | |
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by Anna Brown
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The FDA finally greenlit Novo Nordisk’s once-weekly insulin for type 2 diabetes, making it the first US-approved longer-acting alternative to daily basal treatment for this indication. The Thursday approval of the 700 units/ml basal injection gives adults with type 2 diabetes a more convenient option, reducing the number of injections needed from seven to one. It will be sold as Awiqli and will be available to US patients in the coming months. |
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