|
Post by notamnkdmillionaire on Aug 28, 2013 12:27:26 GMT -5
While afrezza is not FDA approved, could Mannkind give samples out to prospective big pharma company execs to try out? One would have to believe some of them are diabetic and could give afrezza a test run.
|
|
|
Post by nadathing on Aug 28, 2013 12:40:34 GMT -5
Can't imagine they could dispense any drug without FDA approval and a prescription.
|
|
|
Post by mannmade on Sept 3, 2013 15:25:45 GMT -5
An interesting thread from YMB
Previous topic Next topic New Topic kevinmik • 9 minutes ago 1users liked this postsusers disliked this posts0Reply What Lead Pfizer To Cancel Its Insulin Collaboration Agreement With Biocon Last Year ? Part I Biocon Plunges After Ending Pfizer Pact: Mumbai Mover By Adi Narayan - Mar 13, 2012 7:27 AM ET
Biocon Ltd. (BIOS), India’s biggest biotechnology company, slumped the most in almost three months after an insulin distribution agreement with Pfizer Inc. (PFE) ended. Biocon fell 6.3 percent to 250.75 rupees, the most since Dec. 19, at the close in Mumbai. The stock was the biggest loser in the 19-member BSE India Healthcare Index. (BSETHC) All rights to the products returned to Biocon yesterday and insulin under the Univia and Glarvia brands will now be sold by the Indian company, the two drugmakers said in a joint statement today. Biocon received $100 million in upfront payments in October 2010 after Pfizer agreed to sell four of the Bangalore- based company’s medications globally while another $100 million was kept in escrow pending certain milestones. The change “negatively impacts” prospects for Biocon’s insulin products, particularly in developed markets such as the U.S. and Europe, Bino Pathiparampil, an analyst at IIFL Ltd. wrote in a note to clients. As part of the settlement, Biocon will keep all the upfront and milestone payments it has received and that should help “neutralize the impact,” he wrote. As many as 10 percent of the estimated 366 million people affected by diabetes worldwide have the Type 1 form that’s marked by the inability to produce insulin, a hormone that turns blood sugar into energy, according to the International Diabetes Federation in Brussels. Less Sort: Newest | Oldest | Most Replied Collapse all replies kevinmik • 7 minutes ago 0users liked this postsusers disliked this posts0Reply Part II An interesting thread from YMB...
New Alliances “Biocon will continue to work with its existing partners in several markets and will pursue a commercial strategy on its own and through new alliances in other markets,” Chairman Kiran Mazumdar Shaw said in a statement. The two drugmakers have agreed it is in their “best interest to move forward independently,” the companies said. The agreement with Biocon was aimed at helping Pfizer, the world’s biggest drugmaker, tap the more than $14 billion global market for insulin, which is dominated by Novo Nordisk A/S (NOVOB), Sanofi and Eli Lilly & Co. (LLY) A change of business priorities at Pfizer led to the end of the pact, Shaw said in an interview on the Bloomberg UTV television channel today. Biocon received a “substantial portion” of the $100 million kept in escrow, she said. Pfizer, based in New York, will continue developing a portfolio of medicines both internally and through collaborations, Diem Nguyen, Pfizer’s general manager for biosimilars, said in the statement. “We will continue to be active in our own research and business development efforts for diabetes, which represents a huge unmet medical need,” he said.
|
|