Nereus Pharmaceuticals, Inc.
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Latest From Nereus Pharmaceuticals, Inc.
As the COVID-19 pandemic wore on, industry clamored for the US FDA to re-inspect troubled drug manufacturing plants remotely if need be to clear them for new approvals. Now FDA investigators are out in force and early returns from Sun, Aurobindo, Lupin and Sterling suggest these re-inspections will be as tough as ever.
Private Company Edition: 5AM revealed two funds totaling $450m and $300m, V-Bio raised a €110m venture capital fund and AXA IM Alts committed $500m for health care private equity deals. Also, TRIANA launched with $110m and the AMR Action Fund backs Adaptive Phage Therapeutics.
In this roundup feature focusing on the developments in digital health, we highlight the key news and announcements from July.
Two-month inspection during pandemic highlighted cross-contamination risks and process validation shortfalls at New Jersey plant.