Stay updated with breaking news from Active Ingredient. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Eli Lilly has hired Switzerland-based contract drugmaker CordenPharma to produce the active ingredient in its diabetes drug Mounjaro, a source familiar with the matter told Reuters on Thursday. The move to hire CordenPharma comes as the U.S. drugmaker prepares to launch the type 2 diabetes medicine for weight loss in the United States amid exploding demand for obesity drugs.
Provider of pharmaceutical and nutraceutical ingredients, Roquette, is excited to unveil its extensive range of excipients for moisture protection at CPHI Barcelona next week.
Lonza said on Tuesday it has capacity to fill syringes to serve makers of highly popular new weight-loss drugs in a class known as GLP-1, though it does not produce the active ingredient in those drugs. The Swiss drug contract manufacturer, which is holding a capital markets day on Tuesday, said it is producing an excipient, the industry term for an ingredient that helps the body to absorb the main active substance, for one GLP-1 drug. "We are not in the drug substance (business) but we have fill and finish capacities now and in the future for this growth business," he added.
Wondering how much Ozempic costs with or without insurance? Experts share pricing and how to save money on Ozempic prescriptions.
BRUSSELS (Reuters) -European Union governments failed on Friday to give a decisive opinion on a proposal to extend by 10 years EU approval for the use of glyphosate, the active ingredient in Bayer AG's Roundup weedkiller. A "qualified majority" of 15 countries representing at least 65% of the bloc's population had been required either to support or to block the proposal. The European Commission said in a statement there was no qualified majority either way in a vote by a committee of the EU's 27 members.