6 drugmakers in the headlines

Here are six drugmakers that made headlines in the past week.

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1. AtraZeneca to co-develop Parkinson’s drug with Takeda in $400M deal
AstraZeneca will partner with Takeda Pharmaceuticals to co-develop an experimental drug to treat Parkinson’s disease.

2. Why this drug study could redefine heart disease treatment
Reducing inflammation — independent of lowering cholesterol — can reduce the risk of heart attacks, according to research sponsored by Novartis and presented Aug. 27 at the European Society of Cardiology in Barcelona.

3. FDA grants MDMA breakthrough status for treatment of PTSD: 4 things to know
The Food and Drug Administration in August granted breakthrough designation to a Santa Cruz, Calif.-based nonprofit’s MDMA therapy for post-traumatic stress disorder.

4. Novartis, CMS collaborate on outcomes-based pricing for $475k leukemia drug
Novartis will partner with CMS to offer an outcomes-based pricing model for its new leukemia drug Kymriah.

5. Trump adviser backs offshore testing of herpes vaccine that evaded US safety protocols
A group of wealthy businessmen, including Trump adviser Peter Thiel, are backing Rational Vaccines’ offshore testing of an experimental herpes vaccine that bypassed U.S. safety protocols for human clinical trials.

6. Novartis CEO to step down, hand over duties to drug development chief: 5 notes
Novartis, a Swiss pharmaceutical company, named its Global Head of Drug Development and CMO Vasant Narasimhan, MD, successor to current CEO Joe Jimenez, who will step down Jan. 31.

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