Merck spells out access, environmental goals in latest ESG report – Endpoints News

0
118

Ac­cess is a key theme in Mer­ck’s lat­est en­vi­ron­men­tal, so­cial and gov­er­nance (ESG) progress re­port, as the phar­ma gi­ant touts a deal to pro­vide more than 91 mil­lion dos­es of its hu­man pa­pil­lo­mavirus vac­cine to low­er-in­come coun­tries through 2025.
The news comes as child­hood HPV vac­ci­na­tion rates have tak­en a nose­dive amid the pan­dem­ic. Mer­ck re­cent­ly un­veiled a new HPV cam­paign ad­dress­ing the de­cline in the US. The lat­est deal, how­ev­er, ap­plies to Gavi-sup­port­ed coun­tries, which to­taled 57 in 2020 ac­cord­ing to the or­ga­ni­za­tion’s web­site.
“Mer­ck has had a long-stand­ing ac­cess to health ap­proach and one of those ex­am­ples is through en­sur­ing that our HPV vac­cines get to the right peo­ple,” Kyra Lan­za, Mer­ck’s as­so­ciate VP of ESG strat­e­gy and en­gage­ment, told End­points News. 
The phar­ma ex­pand­ed its Elk­ton, VA man­u­fac­tur­ing fa­cil­i­ty to boost HPV vac­cine pro­duc­tion. It al­so inked a deal with the Med­i­cines Patent Pool to al­low the gener­ic pro­duc­tion of its Covid-19 an­tivi­ral mol­nupi­ravir in low- and mid­dle-in­come coun­tries.
Back in May, the US had on­ly used about 13% of the mol­nupi­ravir cours­es in its in­ven­to­ry, ac­cord­ing to HHS. That’s due in part to an FDA re­vi­sion in Feb­ru­ary, which stip­u­lat­ed that the an­tivi­ral should be used as a last line of de­fense if oth­er op­tions are avail­able. How­ev­er, Mer­ck main­tains that the drug plays a key role in pan­dem­ic re­sponse, and re­leased new da­ta in June.
“We re­al­ly start­ed ear­ly on in look­ing at the sup­ply and ac­cess strat­e­gy to make sure that there was eq­ui­table glob­al ac­cess. So we had a num­ber of steps that we took, cer­tain­ly we in­vest­ed at risk to make sure we could pro­duce mil­lions of that ther­a­py,” Lan­za said.
Mer­ck has al­so ear­marked more than $93 mil­lion in prod­ucts and funds for Ukrain­ian refugees and those still in the coun­try.
Look­ing ahead, the com­pa­ny hopes its med­i­cines reach 100 mil­lion more peo­ple by 2025. The com­pa­ny says it’s on track to meet its goal of reach­ing 30 mil­lion peo­ple in low- and mid­dle-in­come coun­tries by 2025, with 15 mil­lion peo­ple reached so far.
As for its en­vi­ron­men­tal am­bi­tions, Mer­ck says it’s on track to reach car­bon neu­tral­i­ty by 2025, and has al­so com­mit­ted to sourc­ing all of its pur­chased elec­tric­i­ty from re­new­ables by the same year.
By last year, about 75% of Mer­ck’s staffers had gone through a pay eq­ui­ty study, and as a re­sult, the com­pa­ny achieved rough­ly 99% pay eq­ui­ty for fe­male and male em­ploy­ees and white and non-white em­ploy­ees in the same po­si­tions.
“Mer­ck has al­ways had a long-stand­ing com­mit­ment to di­ver­si­ty and in­clu­sion and cer­tain­ly, along­side that goes fair and eq­ui­table pay,” Lan­za said. “It re­al­ly just fur­thers our goal of be­ing an em­ploy­er of choice for all work­ers, in­clud­ing those of di­verse back­grounds.”
In November of 1937, editors from JAMA magazine penned a scathing letter about the United States’ inability to protect patients from toxins that masquerade as therapeutics, saying the drug development process was in dire need of laws with “common scientific decency.” In the preceding months, the nation had been riveted by the sudden deaths of nearly 100 people after taking elixir sulfanilamide. According to a congressional report, the elixir had been given to patients despite having only been “tested for its flavor but not its effect on human life.” Up until this point, drug manufacturers were not required to test therapeutics before sending them to market.
Welcome back to Endpoints Weekly, your review of the week’s top biopharma headlines. Want this in your inbox every Saturday morning? Current Endpoints readers can visit their reader profile to add Endpoints Weekly. New to Endpoints? Sign up here.
This is going to be a long weekend for us at Endpoints, thanks to Labor Day in the US, and it’s much needed. September is shaping up to be a busy month, with biopharma seemingly coming back from the summer and events kicking into gear. If you have any news to share, we always appreciate some lead time. For the daily readers — see you on Tuesday.
Unlock this story instantly and join 149,500+ biopharma pros reading Endpoints daily — and it’s free.
Some shuffling is taking place at the top ranks of Pfizer.
Longtime exec Andy Schmeltz announced on LinkedIn that he’s moving onto his next tour of duty to helm the newly established Pfizer Commercial Strategy & Innovation (CSI) group, which will be in charge of portfolio strategy and investment decisions. Taking his place leading the oncology unit will be Suneet Varma — a fellow Pfizer vet with almost 22 years at the pharma giant — who’s been appointed as global oncology & US president.
Unlock this story instantly and join 149,500+ biopharma pros reading Endpoints daily — and it’s free.
An administrative judge ruled Illumina’s $8 billion acquisition of cancer-testing company Grail didn’t violate antitrust law, Illumina said on Thursday.
A Federal Trade Commission lawsuit threatened to unwind Illumina’s acquisition of Grail, a blood testing company that screens for cancers at an early stage.
“As we’ve stated from the outset, this transaction is procompetitive, will advance innovation, lower healthcare costs and save lives,” Illumina general counsel Charles Dadswell said in a statement.
Unlock this story instantly and join 149,500+ biopharma pros reading Endpoints daily — and it’s free.
The FDA’s briefing docs are in ahead of its unusual second adcomm for Amylyx Pharmaceuticals’ experimental ALS drug next week — and the agency’s opinion is largely negative.
While acknowledging that ALS treatments are “desperately needed” and providing an extensive history of their previous flexibility for the disease, FDA reviewers wrote that Amylyx’s submission of new analyses is “not independent data and is simply a new method for analyzing the same survival data presented in the original NDA submission.” The new data packages involve patients who switched over from treatment to placebo after the Phase II trial wrapped up, suggesting better survival results than the study originally indicated.
Unlock this story instantly and join 149,500+ biopharma pros reading Endpoints daily — and it’s free.
The FDA on Friday expanded its approval of Vertex’s blockbuster cystic fibrosis pill Orkambi to include children between 12 and 24 months.
Orkambi first won approval in 2015 for ages 2 years and older with two copies of the F508del mutation, but Vertex went for the earlier age indication, as CMO Carmen Bozic said in a statement: “Treating children with cystic fibrosis as early in life as possible is critically important, because early treatment has the potential to slow the progression of this devastating disease.”
Unlock this story instantly and join 149,500+ biopharma pros reading Endpoints daily — and it’s free.
While the ad industry is navigating a jittery economy — and the looming threat of marketing budget cuts — the pharma sector seems to be humming along. One proof point this week is Real Chemistry, the second-largest healthcare agency in North America, with a healthy first-half report and double-digit growth.
The digital communications and marketing company reported on Wednesday’s first half revenues of more than $270 million, a 21% increase compared to the first half of 2021. While the 2022 jump won’t surpass the pandemic affected 2020 to 2021 increase of 35%, Real Chemistry CEO Shankar Narayanan said it’s projecting full-year growth of 20%. Real Chemistry notched $439 million in 2021 sales, putting the projected 2022 full year at more than $525 million.
Unlock this story instantly and join 149,500+ biopharma pros reading Endpoints daily — and it’s free.
In early August, Teva hit a bump in producing the popular ADHD drug Adderall, as the company faced a backorder of the drug in 20 mg and 30 mg tablets, however, the situation has spread to a few other makers of the drug.
According to a report from the American Society of Health-System Pharmacists (AHSP), the shortage has continued for Teva and other manufacturers, as Amneal Pharmaceuticals, Purdue subsidiary Rhodes Pharmaceuticals and Sandoz all face shortages.
United Therapeutics claimed victory earlier this week in a patent battle against Liquidia Technologies, which won tentative FDA approval for its treprostinil inhalation powder, Yutrepia, to treat pulmonary arterial hypertension (PAH) and would compete directly with United’s soon-to-be blockbuster Tyvaso DPI.
The Delaware-based district court found that Liquidia failed to prove by “clear and convincing evidence” that certain claims on one of the patents are invalid. But both companies claimed victory over other parts of the decision, and when Yutrepia will launch is still up in the air.
Unlock this story instantly and join 149,500+ biopharma pros reading Endpoints daily — and it’s free.
Bioscience & Technology Business Center
The University of Kansas
Lawrence, Kansas
© Endpoints Company 2022
If you’re already an Endpoints subscriber, enter your email below for a magic link that lets you log in quickly without using a password. Please note the magic link is one-time use only and expires after 24 hours.
We’ll e-mail you a link to set a new password. Please note this link is one-time use only and is valid for only 24 hours.
ENDPOINTS NEWS Daily at 11:30 AM ET
EARLY EDITION Daily at 7:15 AM ET
ENDPOINTS PHARMA Daily at 2 PM ET
ENDPOINTS MARKETING RX Tue at 2 PM ET
ENDPOINTS FDA+ Wed at 2 PM ET
ENDPOINTS MANUFACTURING Thu at 2 PM ET
ENDPOINTS WEEKLY Sat at 6 AM ET

source