The Biden administration revealed the first 10 drugs that will face the Medicare negotiation process under the Inflation Reduction Act.
UBS believes there is little chance the lawsuits brought on by pharma companies will delay Medicare pricing negotiations.
Astellas Pharma Inc (OTC: ALPMF) (OTC: ALPMY) decided to license and advance a gene therapy from Kate Therapeutics for a debilitating muscle disorder known as X-linked myotubular myopathy (XLMTM). Preclinical gene therapy candidate KT430 will seek to address XLMTM, a rare and life-threatening neuromuscular disease leading to severe muscle weakness, affecting predominantly males, with an incidence rate of approximately 1 in 40,000-50,000 newborn boys globally. The move comes after four deaths and