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Sandoz Unveils Zero-Profit COVID-19 Portfolio

Dexamethasone On List For Low-Income Countries

 
• By Kevin Grogan

Lutz Hegemann, chief operating officer for global health at Novartis, says the project will continue until a vaccine or curative treatments have reached the world's poorest places, not just until they are first approved in a high income country.

Vaccine
Novartis pledges to make no profit from COVID-19 portfolio • Source: Shutterstock

Sandoz has launched a first-of-its-kind portfolio of 15 generic and over-the-counter medicines, including dexamethasone, for COVID-19 symptoms to be sold at zero profit to the world's poorest countries.

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• By Dean Rudge

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Kabi Pens Agreement To Launch Generic Exparel In 2030 – With A Volume Limit

 
• By Dean Rudge

With sales of $550m last year and a high barrier to entry, Exparel marks an intriguing target for abbreviated new drug application sponsors. Having shot down a US patent last year and won US FDA approval for its ANDA, Jiangsu Hengrui’s US eVenus Pharmaceutical Laboratories subsidiary and partner Fresenius Kabi have just reached a settlement agreement.

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• By Dave Wallace

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