Major European Markets

Total Page:16

File Type:pdf, Size:1020Kb

Major European Markets Gen 27-02-15 Pg.1_Gen 18/11/05 Pg. 1 25/02/2015 18:33 Page 1 27 February2015 COMPANY NEWS 2 RivalstoRemicade reach Cipla gains ground in 2 North Africa via JVs Actavis intends to adopt Allergan name 3 Te va plans to set up abiologicals facility 4 major European markets Wockhardt resolves faults at US factory 5 Sawai sees turnoverrise 6 faster than profit ivals to the Remicade (infliximab) monoclonal antibody marketed by Janssen and Aurobindo venturetotarget PCV vaccines 7 RMerck arenow available throughout Europe after Celltrion and Hospira seized on Growth in US helps Zydus to advance 8 expiries of paediatric extensions to supplementary protection certificates (SPCs) during Lannett turns gaze to Western Europe 9 February to enter the market (see pages 24 and 28). Russia and Ukraine hit Richter’sresults 10 On 25 February,Celltrion announced launches of its Remsima biosimilar through partners such as Kern Pharma and Mundipharma (see page 26) in Austria, Belgium, Denmark, France, Protopic rival peps Perrigo’sturnover 11 Germanyand Greece, as well as in Italy,Luxembourg, the Netherlands, Spain, Sweden and the To wa cuts its costs to improvemargins 12 UK. The treatment for autoimmune diseases wasnow available in 31 countries, the firm noted. Siegfried sorts out FDAHameln letter 13 Hospira has launched its Inflectra (infliximab) biosimilar monoclonal antibody in Glenmark growsits sales as profits slide 14 several European markets, includingAustria, Denmark, France, Germany, Greece, Italy, Luxembourg, the Netherlands, Spain and Sweden. “Inflectra is nowavailable in 24 European MARKET NEWS 15 countries,”noted the injectables specialist, which already markets infliximab in Central and Eastern Europe, as well as in some smaller Western European markets. FDAreopens debate on label change rule15 In September 2013, the European Commission authorised Remsima and Inflectra for treating France must address declining sales trend 16 inflammatory conditions including rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Canada will require 17 adult and paediatric Crohn’sdisease, adult and paediatric ulcerative colitis and plaque psoriasis. shortage notification Global Remicade turnoverahead by 2.9% to US$6.87 billion last year reported by Janssen’s Input is invited over US interchangeability 19 parent group, Johnson &Johnson, included US$1.64 billion in non-US International markets. OGD sets target forANDAaction dates 20 On 17 March, the US Food and Drug Administration’s(FDA’s) Arthritis Advisory Committee will hold apublic meeting to discuss abiologics license application (BLA) that PRODUCT NEWS 21 has been submitted by Celltrion for its CT-P13 proposed rivaltoRemicade. US patent 6,284,471 protecting Remicade until September 2018 has just been rejected Lupin enlists Celon forAmerican Advair 21 upon re-examination by the US Patent and Trademark Office (USPTO). The ‘471 patent – which covers assays using anti-tumournecrosis factor (TNF) antibodies – was one of three Mylan must wait for 22 esomeprazole in US patents for which Celltrion sought adeclaratory judgement of non-infringement last year. However, the twoparties settled the litigation on confidential terms. G Hospira and Pfenex develop ranibizumab 23 Lupin wins appeal on US Trizivir patent 24 Pregabalin dispute will persist in the UK25 Spain’sKern Pharma 26 introduces infliximab Pfizer pays US$17bn for Hospira Momenta is open to abatacept options 27 fizer has agreed to pay around US$17 billion, including assumed debt, to acquire Norwayenjoys steep infliximab price cut 29 Pinjectables specialist Hospira. The US$90-per-share deal has been approvedunanimously by both firms’ boards and is scheduled to close during the second half of this year,subject to FEATURES 32 antitrust clearance and approvalbyHospira’sshareholders. The agreement – which represents a39% premium on Hospira’sclosing price on 4February,and around four-times Hospira’s Pfizer eyes twotop spots 32 annual sales – includes aUS$500 million break-up fee. with Hospira acquisition “Hospira’sbusiness aligns well with our newcommercial structure and is an excellent strategic fitfor our Global Established Pharmaceutical (GEP) business, which will benefit REGULARS from asignificantly enhanced product portfolio in growing markets,”commented Pfizer’s chairman and chief executive officer,Ian Read. Pipeline Watch – Remicade 28 “The expanded portfolio of sterile injectablepharmaceuticals, composed of Hospira’s Events – Our regular listing 30 broad generic sterileinjectables product line, including acute-care and oncology injectables, Price Watch UK – UK pricing trends 31 with anumber of differentiated presentations, as well as its biosimilars portfolio, combined with GEP’sbranded sterile injectables, including anti-infectives, anti-inflammatories and People – Bayer’sBrandicourt 34 leads SanofiasCEO cytotoxics, will create aleading global sterile injectables business,”Pfizer maintained. G Fordetails of the deal, turntopage 32. Gen 27-02-15 Pgs.2-14_Layout 1 25/02/2015 18:33 Page 2 COMPANY NEWS STRATEGICALLIANCES/THIRD-QUARTER RESULTS Ciplagains ground in North Africa via JVs ipla has broadened its presence in North Africa by agreeing to Third-quarter sales* Change Proportion Cestablish joint ventures with the company’sexisting partners in (Rs millions) (%) of total (%) Algeria and Morocco. Through its UK subsidiary,Cipla EU, the Indian firm will hold a Formulations 12,750 -6.2 46 40% stakeinaventure it is creating with its Algerian partner,Biopharm, APIs 1,510 -4.4 5 and a60% stakeinasimilar scheme it is establishing with Cooper Exports 14,260 -6.1 52 Pharma and The Pharmaceutical Institute, Cipla’sallies in Morocco. India 11,990+14.2 43 Both ventures –which are subject to certainregulatory approvals – will be used as avehicle to market Cipla’srespiratory franchise in Other 1,410 –5 the respective countries, and will include the companies supplying Cipla 27,650 +6.5 100 funds to build local manufacturing facilities. The Indian firm is expected to contribute US$6 million of atotal US$15 million in *rounded to nearest Rs10 million Algeria, while it will pour up to US$15 million into its scheme in Figure1:Breakdown of Cipla’s net sales in its financial third quarter ended 31 Morocco, where Cipla will also promote its neurology drugs. December 2014 (Source –Cipla) Meanwhile, Cipla has agreed to acquire for Rs960 million (US$15.4million) a60% stakeinprivately-owned Indian firm Jay to Teva,following the Israeli group’srecent nod for the first US Precision Pharma, an existing supplier of Cipla’srespiratory devices. generic rivaltoAstraZeneca’sNexium blockbuster (Generics bulletin, Jay Precision –which boasts amanufacturing facility in Vasai, 6February 2015, page 17). Maharashtra –had sales of around Rs300 million in its financial year Elsewhere, Cipla’sin-licensing agreement with Teva in South ended 31 March 2014. Slated to close by the end of next month, the Africa though its local Cipla Medpro affiliate for access to “65 new transaction wasaimed at “integrating the value chain and will serve molecules” (Generics bulletin,17October 2014, page 6) has received as aplatform for the development of next-generation respiratory clearance from the country’sCompetition Commission. The Indian devices”, Cipla said. firm has also just been awarded aUS$189 million share in aGlobal Fund antiretroviral tender (see page 27). Indian sales increased by 14% Meanwhile, the founder of the Serum Institute of India, Cyrus In Cipla’sfinancial third quarter ended 31 December 2014, Poonwalla, has revealed that the companyand Cipla had held initial domestic sales rising by 14.2% to Rs12.0 billion helped overcome merger talks following their agreement covering paediatric vaccines single-digit turnoverslips from exports of active pharmaceutical in Europe that wasstruck late last year (Generics bulletin,5 ingredients (APIs) and finished-dose formulations as the Indian December 2014, page 6). “We[Serum Institute] could nevergoup companyimprovedits sales by 6.5% to Rs27.7 billion (see Figure 1). for sale,”hesaid, “but we could merge with acompany, for example However, the Indian firm’sexport sales could soon be bolstered Cipla…there is asmall chance that could happen.” after Cipla announced that it had “gone live”inNorth America,and “Wefirst have to see if the initial partnership bears fruit,” had subsequently introduced its first ‘own-label’ productsinthe region Poonwalla added. “If it movesinthe right direction, maybe we will including doxycycline, meloxicam, topiramate and valaciclovir. takeittothe next stage.” Moreover, Cipla has revealed that it will be supplying esomeprazole Amarginal increase in Cipla’sexpenses wasoffset by the firm’s active pharmaceutical ingredient (API) and finished-dose formulation 6.5% sales rise, as its pre-tax profit rose by 8.3% to Rs4.28 billion. G 27 February2015 Issue 226 Individual subscriptions Te rms &Conditions: These can be viewedinfull at www.Generics-bulletin.com/subscribe. Editor: Aidan Fry An annual subscription comprises: ■ 20 Generics bulletin newsletters; No partofthis publication maybe copied, reproduced, Deputy Editor: David Wallace ■ AND at least 46 weekly News@Genericsbulletin stored in aretrieval system, distributed or transmitted Assistant Editor: Liudmila Kotko electronic newsflashes containing the week’stop by anymeans, including electronic,mechanical, news stories (currentlydelivered by email). photocopying or recording, without the prior written Business Reporter: Dean Rudge permission of the publisher,orunder
Recommended publications
  • The UAE Healthcare Sector
    The U.S.-U.A.E. Business Council is the premier business organization dedicated to advancing bilateral commercial relations. By leveraging its extensive networks in the U.S. and in the region, the U.S.-U.A.E. Business Council provides unparalleled access to senior decision makers in business and government with the aim of deepening bilateral trade and investment. U.S.-U.A.E. Business Council 505 Ninth Street, NW Suite 6010 Washington D.C. +202.863.7285 [email protected] usuaebusiness.org *Report cover, from L to R: Johns Hopkins University President Ronald J. Daniels; Philanthropist, Johns Hopkins Alumnus, and Former New York City Mayor Michael R. Bloomberg; U.A.E. Ambassador Yousef Al Otaiba; Dean of Johns Hopkins University Medical Faculty and CEO of Johns Hopkins Medicine Paul Rothman (photo credit Nick Khazal, U.A.E. Embassy) 1 INTRODUCTION 2018 was another landmark year for the U.A.E.’s healthcare sector and its partnerships with leading U.S. institutions. In February 2018, the U.A.E. Embassy in Washington, D.C. and Johns Hopkins Medicine announced a new institute for stroke research and clinical care. The Sheikh Khalifa Stroke Institute, established through a $50 million gift from the U.A.E., will feature facilities in Baltimore and Abu Dhabi.1 The Institute will enable Johns Hopkins scientists to collaborate with their Emirati colleagues, training a workforce of biomedical researchers in the U.A.E.2 Furthermore, in April 2018, the U.A.E. Ambassador to the U.S., His Excellency Yousef Al Otaiba, signed memoranda of understanding (MoUs) with leaders from several top American hospitals on behalf of U.A.E.
    [Show full text]
  • 21Country Profiles
    21 COUNTRY PROFILES An Introduction to Local Pharmaceutical Production Opportunities in Africa TABLE OF CONTENTS: Foreword from UNAIDS 01 02 Foreword from CCCMHPIE Acknowledgements 03 Introduction to Country Profiles 04 Country Profile 1: ALGERIA 11 Country Profile 2: ANGOLA 14 Country Profile 3: CÔTE D’IVOIRE 17 Country Profile 4: EGYPT 20 Country Profile 5: ETHIOPIA 23 Country Profile 6: GABON 26 Country Profile 7: GHANA 29 Country Profile 8: KENYA 32 Country Profile 9: MADAGASCAR 35 Country Profile 10: MALAWI 38 Country Profile 11: MALI 41 Country Profile 12: MAURITIOUS 44 Country Profile 13: MOZAMBIQUE 47 Country Profile 14: NIGERIA 50 Country Profile 15: RWANDA 53 Country Profile 16: SENEGAL 56 Country Profile 17: SOUTH AFRICA 59 Country Profile 18: TANZANIA 62 Country Profile 19: UGANDA 65 Country Profile 20: ZAMBIA 68 Country Profile 21: ZIMBABWE 71 Bibliography 74 FOREWORD FROM UNAIDS A healthy population is essential for prosperity. also strongly believe that local production of This is a now accepted principle of development, medicines and other health products in Africa reflected in the UN Sustainable Development is an attractive proposition - it is estimated Goals agreed in 2015, and in particular SDG3 that the African pharmaceutical sector holds for good health and wellbeing. The principle is a US $45 billion market opportunity by 2020. also reflected in the African continent’s vision Local pharmaceutical manufacturing in African for itself – Agenda 2063, also published in 2015 countries presents an opportunity to save lives by the African Union, and in collective actions while creating jobs and improving the local since 2015 by African countries to strengthen economy.
    [Show full text]
  • Mediworld 12Th November-December 2018.Cdr
    Vol. 02, Issue 06, No. 12, Nov-Dec 2018 Health Overview The Kingdom of Saudi Arabia FEATURES NEWS & UPDATES HEALTH DESTINATION A 'Game Changer' Julphar announces Maintaining the Nordic India's National Health entry into oncology welfare model with universal Protection Scheme market healthcare www.mediworldme.com Middle East Air Cargo & Logistics Conference Connecting Middle East to the World and World to the Middle East January 29-30, 2019 | Dubai South HQ | Dubai, UAE Middle East Air Cargo & Logistics 2019 will bring together airlines, airports, forwarders, shippers, brokers, logistics & supply chain companies, and aviation service providers to gain market intelligence and excellent networking. Air cargo and logistics executives from the Middle East and globally will join for this unique conference, and discuss the future trends in air freight logistics. The UAE government has heavily invested on infrastructure and technology to facilitate seamless cargo transportation and supply chains. Learn about your business opportunities in this exciting region! Program Highlights The big picture on Air Cargo & the global Expo 2020 -assessment of supply chain procurement of opportunities Will Middle East keep its position as Building world competitive leading cargo gateway? airports/cargo hubs Innovation in Logistics & Supply Chain E-commerce -redefining industry relationship Artificial Intelligence in logistics - what to expect? Humanitarian logistics Shipper’s view The future of the air cargo industry Host Sponsor Endorsed by Organized by NATIONAL
    [Show full text]
  • Health-Sector-In-Dubai.Pdf
    اﻟﻘﻧﺻﻠﯾﺔ اﻟﻣﺻرﯾﺔ ﻟﺟﻣﮭورﯾﺔ ﻣﺻر اﻟﻌرﺑﯾﺔ ﻣﻛﺗب اﻟﺗﻣﺛﯾل اﻟﺗﺟﺎري دﺑﻰ واﻻﻣﺎرات اﻟﺷﻣﺎﻟﯾﺔ اﻟﺷرﻛﺎت اﻻﻣﺎرﺗﯾﺔ اﻟﻌﺎﻣﻠﺔ ﻓﻲ ﻣﺟﺎل اﻟﺻﺣﺔ * أھم اﻟﻣﺳﺗﺷﻔﯾﺎت * ﻣﺳﺗوردي اﻷﺟﮭزة واﻟﻣﺳﺗﻠزﻣﺎت اﻟطﺑﯾﺔ * ﻣﺳﺗوردي اﻷدوﯾﺔ واﻟﻣﺳﺗﺣﺿرات اﻟدواﺋﯾﺔ إﻋداد إدوارد ﯾوﻧﺎن أﻛﺗوﺑر 2017 Main Hospitals in UAE NO. Hospital Name Website Email Phone Number 1 Saudi German Hospital Dubai www.sghdubai.ae [email protected] 0097143890000 2 Al Zahra Hospital Dubai www.azhd.ae [email protected] 0097143786666 3 American Hospital Dubai www.ahdubai.com [email protected] 0097143367777 4 Al Garhoud Hospital Dubai www.gph.ae [email protected] 0097144545000 American British Surgical & Medical 5 www.absamc.com [email protected] 0097142975544 Centre [email protected] 6 Armada Hospital www.armadahospital.com 0097143990022 [email protected] [email protected] 7 Canadian Specialist Hospital www.csh.ae 0097147072222 [email protected] 0097143454000 8 Belhoul European Hospital www.belhouleuropean.com [email protected] 0097143457500 0097144400500 9 Aster Hospital asterhospital.com [email protected] 0097144546001 11 City Hospital Dubai www.mediclinic.ae [email protected] 0097144359999 12 Dubai Hospital web.dohms.gov.ae/dh/ [email protected] 0097142195000 13 Dubai London Specialty Hospital dubailondonclinic.com [email protected] 0097143782999 14 Iranian Hospital Dubai www.ihd.ae [email protected] 0097143440250 15 Lifeline Hospital www.lifeline.ae/lifeline-hospital [email protected] 80046774825 16 Zulekha Hospital zulekhahospitals.com [email protected] 0097142678866 0097142811000 17 Al Jalila Children’s Specialty Hospital www.aljalilahospital.com [email protected] 8008002524 18 Hatta Hospital www.dha.gov.ae [email protected] 0097148147000 0097142191000 19 Rashid Hospital www.dha.gov.ae [email protected] 0097142192000 0097143371111 20 Cedars International Hospital www.cedars-jaih.com [email protected] 0097148814000 Main Importers of Pharmaceutical Products in UAE Products NO.
    [Show full text]
  • Alvarez & Marsal Middle East
    Contents About this Report 3 Executive Summary 4 About Us 5 Our Organizational Profile 5 Our Mission, Vision and Values 8 Responding to COVID-19 10 Our Approach to Sustainability 11 What Sustainability Means to Us 11 Contribution to National and Regional Development 11 Our 2020 Performance 12 Sustainability Governance 12 Stakeholder Engagement and Materiality 13 Our Environmental Performance 16 Managing Our Resources 17 Our Social Performance 23 Our Commitment to our People 24 Our Commitment to our Community and Customers 31 Our Governance Performance 40 Risk Management 41 Our Corporate Governance 41 Compliance with Regulations 45 GRI Index 47 www.julphar.net 2 About this Report This report represents a new chapter for Julphar. We commit to enhancing stakeholder awareness of our priority Environmental, Social, and Governance (ESG) topics and disclosing how our performance on non-financial metrics contributes to long-term value creation and a sustainable, responsible and customer-centric business model. This report has been prepared following the Global Reporting Initiative (GRI) Standards "Core" option, with further references to the Abu Dhabi Stock Exchanges 31 Key Performance Indicators. Additionally, the report outlines our commitment towards the 17 Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda for Sustainable Development, with relevant SDGs identified in each of our priority areas. We are now committed to reporting on sustainability measures annually, alongside our Governance Report, which provides a thorough overview of our financial, governance, and risk performance. Accordingly, we have structured the report into three main themes, Environmental, Social, and Governance, to cover our most material ESG issues.
    [Show full text]
  • The Pharma 1000 Top Global Pharmaceutical Company Report
    The Pharma 1000 Top Global Pharmaceutical Company Report September 2020 © 2020. All rights reserved. Securities offered in the United States are offered through Torreya Capital LLC, Member FINRA/SIPC. In Europe such services are offered through Torreya Partners (Europe) LLP, which is authorized and regulated by the UK Financial Conduct Authority. 1 Table of Contents The Evolving Global Pharmaceutical Sector 5 The Biotechnology Sector 16 The Branded Pharma Sector 24 The Generic Drug Sector 34 Financial Players in Pharma: Private Equity and Royalty Firms 38 Top Players by Country and Segment 44 The Pharma 1000 List 55 About Torreya and Acknowledgements 96 2 Torreya’s Pharma 1000 Report . Torreya is a globally active investment bank focused on the pharmaceutical sector. We began to track assets, people and companies in the industry with our own database in 2012. In “The Pharma 1000” report, we leverage our database to identify the top 1000 companies by value today. This presentation provides a summary of the key findings of the report. We hope to give you a greater sense of the global scale of the pharmaceutical industry and its extraordinary growth. We also wish to recognize the companies that appear on the Pharma 1000 list for the accomplishment of becoming a top company in one of the world’s most important and challenging Download the Full Report industries. 3 Torreya Pharma 1000 Study Approach . We identified approximately 30,000 pharmaceutical companies in 2012. Our team studied these companies and pulled out the active operating companies in ethical pharmaceuticals which had a tangible basis for valuation.
    [Show full text]
  • By UNAIDS and the China Chamber Of
    21 COUNTRY PROFILES An Introduction to Local Pharmaceutical Production Opportunities in Africa TABLE OF CONTENTS: Foreword from UNAIDS 01 02 Foreword from CCCMHPIE Acknowledgements 03 Introduction to Country Profiles 04 Country Profile 1: ALGERIA 11 Country Profile 2: ANGOLA 14 Country Profile 3: CÔTE D’IVOIRE 17 Country Profile 4: EGYPT 20 Country Profile 5: ETHIOPIA 23 Country Profile 6: GABON 26 Country Profile 7: GHANA 29 Country Profile 8: KENYA 32 Country Profile 9: MADAGASCAR 35 Country Profile 10: MALAWI 38 Country Profile 11: MALI 41 Country Profile 12: MAURITIOUS 44 Country Profile 13: MOZAMBIQUE 47 Country Profile 14: NIGERIA 50 Country Profile 15: RWANDA 53 Country Profile 16: SENEGAL 56 Country Profile 17: SOUTH AFRICA 59 Country Profile 18: TANZANIA 62 Country Profile 19: UGANDA 65 Country Profile 20: ZAMBIA 68 Country Profile 21: ZIMBABWE 71 Bibliography 74 FOREWORD FROM UNAIDS A healthy population is essential for prosperity. also strongly believe that local production of This is a now accepted principle of development, medicines and other health products in Africa reflected in the UN Sustainable Development is an attractive proposition - it is estimated Goals agreed in 2015, and in particular SDG3 that the African pharmaceutical sector holds for good health and wellbeing. The principle is a US $45 billion market opportunity by 2020. also reflected in the African continent’s vision Local pharmaceutical manufacturing in African for itself – Agenda 2063, also published in 2015 countries presents an opportunity to save lives by the African Union, and in collective actions while creating jobs and improving the local since 2015 by African countries to strengthen economy.
    [Show full text]
  • Other Service Providers Within UAE for Daman's Health Insurance Plans
    Other Service Providers within UAE for Daman ’s Health Insurance Plans (InsertDaman TitleProvider Here) Net work – Other Service Providers within UAE for Daman’s Health Insurance Plans This document lists out Health Service Providers like Polyclinics, Diagnostic Centers, Primary Health Care Centers, etc., available in Daman’s Network, offering inpatient and/or outpatient services as covered in your policy, for Daman’s Health Insurance Plan (including Essential Benefits Plan, Classic, Care, Secure, Core, Select, Enhanced, Premier and CoGenio Plan) members. Daman also covers its members for other inpatient and outpatient services in its network of Health Service Providers (including Hospitals, Pharmacies and Dental service providers) For more details on such health service providers, please refer to the Provider Network Directory of your plan on our website www.damanhealth.ae or call us on the toll free number mentioned on your Daman Card. Edition: October 01, 2015 Exclusive 1 covers CoGenio, Premier, Premier DNE, Enhanced Platinum Plus, Select Platinum Plus, Enhanced Platinum, Select Platinum, Care Platinum DNE, Enhanced Gold Plus, Select Gold Plus, Enhanced Gold, Select Gold, Care Gold DNE Plans Comprehensive 2 covers Enhanced Silver Plus, Select Silver Plus, Enhanced Silver, Select Silver Plans Comprehensive 3 covers Enhanced Bronze, Select Bronze Plans Standard 2 covers Care Silver DNE Plan Standard 3 covers Care Bronze DNE Plan Essential 5 covers Core Silver, Secure Silver, Core Silver R, Secure Silver R, Core Bronze, Secure
    [Show full text]