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Biosimilars coming into their own in China, despite concerns

The timing is ripe for a robust biosimilar market in China, given the rapid increase of novel biologics approved to treat cancer and inflammatory diseases in the country over the past decade and the looming patent cliffs for several established biologics. As of December, the NMPA had approved more than 20 biosimilars that were developed in China. Most of those referenced just two biologics – Roche AG’s cancer drug Avastin (bevacizumab) and Abbvie Inc.’s immunology drug Humira (adalimumab). In 2022, the oncology and immunology biosimilar market in China garnered sales of about $2 billion, according to Clarivate estimates. To reach their full potential in China though, biosimilars must win over prescribers and patients. ....

Abbvie Inc , Roche Ag , Abbvie Inc , Pfizer Inc , Henlius Biotech Inc , Asia Pacific ,

Philips hit with consent decree over CPAP foam materials

The U.S. FDA and Department of Justice have announced a consent decree entered into district court that enjoins Philips Respironics LLC North America from manufacturing and distributing respiratory devices from three company facilities in the state of Pennsylvania. ....

United States , Philips Respironics , Department Of Justice , Bioworld Medtech , Pe Pur , Philips Respironics Inc , Royal Philips Nv ,

California legislator proposes 'right-to-disconnect' law

A proposed law in California would provide workers with a “right-to-disconnect” from work emails, texts and calls after work hours. ....

United States , Matt Haney , D San Francisco , California Assembly , California Chamber , Daily Newsview All ,

It's Spirair by a nose as Septalign gains FDA clearance

Spirair Inc. won the race for the first U.S. FDA 510(k) clearance for a minimally invasive therapy for nasal septal deviation (NSD), the company said. The Septalign system features a bioabsorbable implant that enables minor cartilaginous septal deviation that can be placed in an office with local anesthesia.“Traditional septoplasty and septorhinoplasty can require significant time away from work, with nearly 42% of patients requiring two weeks or more for recovery. With Septalign, recovery is much faster and requires little to no time away from work for recovery,” Spirair CEO Ben Bishop told BioWorld. ....

Ben Bishop , Spirair Inc , Bioworld Medtech , Spirair Inc , Deviated Septum ,

DC construction firm to pay $350,000 in IC misclassification case

A construction firm will pay $350,000 to resolve allegations that it misclassified workers, the Washington DC Attorney General announced. ....

District Of Columbia , United States , Brian Schwalb , Tricon Construction Inc , Construction Corp , Zepeda Drywall Inc , Go Drywall Inc , Daily Newsview All , General Brian Schwalb ,