AGP Executive Report
Last update: 12 hours agoDrug Development: Recce Pharmaceuticals signed an exclusive Australia–New Zealand commercialization deal for its Phase 3 diabetic-foot-infection gel, pending regulatory approval. The FDA also approved GSK’s Hibsago for chronic hepatitis B; trials found a functional cure in 19% of treated patients. Drug Costs & Oversight: A new report says median net launch prices climbed 35% to $257,000 in 2025, while researchers found some FDA patient representatives had ties to pharma-funded groups. Care & Technology: A Staten Island high school is preparing a $500,000 studio where students can meet therapists via hologram. Researchers warn harmful chatbot health advice is difficult to track and report. Industry Moves: INTEGRIS Health plans to join Kaiser-backed Risant Health, Abbott will spin off its nutrition business, and OpenAI acquired biotech startup Orchestra Bio to build AI drug-development tools. Pharmacy Access: Walgreens is set to take over prescriptions and customer accounts as century-old Crystal Pharmacy closes, amid warnings that independent pharmacies are struggling to compete.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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