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Tag: pharma

NelsonHall Expands Global Analyst Team as Demand for Insurance, Healthcare & Pharma Market Insight Grows

October 8, 2020
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| insurance

BOSTON, LONDON and PARIS, Oct. 8, 2020 /PRNewswire/ — NelsonHall, the leading global analyst firm dedicated to helping organizations understand the ‘art of the possible’ in digital operations transformation, is delighted to appoint two new analysts in response to growing demand for business process services insight in the insurance, healthcare & life sciences, and pharmaceuticals sectors. These industries are becoming increasingly important in the current climate, and are undergoing major operational change, which is driving the need for deeper and more focused guidance on how organizations can transform their operations to thrive now and into the future.

Alisa Samoylova, based in London, has a background in scientific research and biotechnology, and also in procurement. After her initial assignment looking at procurement transformation, Alisa will focus on the pharma sector, starting with a major study of vendor capability from an operational perspective.

Ashley Singleton, based in

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Porter brings back whiteboard to grill former pharma CEO on cancer drug price hike

October 2, 2020
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Rep. Katie Porter (D-Calif.) went viral this week after grilling former Celgene CEO Mark Alles over his compensation and the price of cancer drug Revlimid during a committee hearing.

Using her now-signature whiteboard board, Porter pointed out that the price of the drug, which is approved to treat the blood cancer multiple myeloma, has spiked from $412 per pill in 2005 to $763 per pill today. 

“I’m curious, did the drug get substantially more effective in that time? Did cancer patients need fewer pills?” Porter asked, after writing the price increases on a white board. 

The former CEO told the lawmaker that the manufacturing for the pill “would be the same” between 2005 and today.

“Did the drug start to work faster? Were there fewer side effects? How did you change the formula or production of Revlimid to justify this price increase?” Porter asked.

She also grilled Alles on his

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Rep. Katie Porter ripped into pharma executive Mark Alles for repeated price hikes on a cancer drug Revlimid

October 1, 2020
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a close up of a person talking on a cell phone: U.S. Representative Katie Porter (D-CA) speaks at a campaign town hall meeting with Democratic 2020 U.S. presidential candidate and U.S. Senator Elizabeth Warren (D-MA) in Mason City, Iowa, U.S., January 11, 2020. Brian Snyder/Reuters


© Brian Snyder/Reuters
U.S. Representative Katie Porter (D-CA) speaks at a campaign town hall meeting with Democratic 2020 U.S. presidential candidate and U.S. Senator Elizabeth Warren (D-MA) in Mason City, Iowa, U.S., January 11, 2020. Brian Snyder/Reuters

  • Rep. Katie Porter tore into Celgene CEO Mark Alles over price hikes on a cancer drug, during a congressional hearing on Wednesday.
  • Porter, alongside freshman congresswomen Rep. Rashida Tlaib and Rep. Ayanna Pressley, grilled the CEOs of Teva, Celgene, and Bristol-Myers Squibb as part of a House Oversight Committee investigation into the pricing of Teva’s Multiple Sclerosis drug Copaxone and Bristol-Myers Squibb’s multiple myeloma drug Revlimid. 
  • During the congressional hearing, Porter, a former consumer protection attorney, tore into Alles, writing key figures in her questions — such as how much the CEO makes, how much a single pill of Revlimid cost over the years, and how much his bonus was as a result
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Sensex, Nifty flat as gains in pharma, Reliance offset losses in banks

September 30, 2020
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BENGALURU (Reuters) – Indian shares were mostly muted on Wednesday as a weakness in banking shares was offset by gains in pharmaceuticals and heavyweight Reliance Industries after an investment deal by General Atlantic in the conglomerate’s retail arm.

FILE PHOTO: The Bombay Stock Exchange (BSE) building is seen in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas/File photo

By 0448 GMT, The broader NSE Nifty 50 index was down 0.02% at 11,225 and the S&P BSE Sensex was mostly unchanged at 37,941.30.

The Nifty bank index fell 1% and the public sector bank index slid 1.2%.

“The banking sector will be under pressure till some clarity emerges from the Supreme Court (on the loan moratorium case),” said Saurabh Jain, assistant vice president at SMC Global Securities Ltd.

“Wherever there is optimism and managements are confident (in sectors like IT and pharma), investors are not worried about putting more money and the

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