NYC's Mt. Sinai, Montefiore nurses on strike

Today's Big News

Jan 9, 2023

Moderna reaped $18.4B in COVID vaccine sales last year, projects at least $5B in 2023


Flagship Pioneering CEO urges shareholders to stay the course on 'choppy' biotech markets: 'See you on the seas'


7,125 Mount Sinai, Montefiore nurses launch open-ended strike for safe staffing, wage increases


Hologic sees steep sales drop as COVID-19 test revenue evaporates


Capitalizing on share price crash, AstraZeneca inks $1.8B CinCor takeover for blood pressure drug


Bristol Myers Squibb, Pfizer turned away from SCOTUS in high-profile cases


How FTC's noncompete agreements rule could impact healthcare

 

Featured

JPM23: Moderna reaped $18.4B in COVID vaccine sales last year, projects at least $5B in 2023

How did Moderna perform with sales of its COVID-19 vaccine in 2022? On Monday, the mRNA juggernaut reported that Spikevax generated approximately $18.4 billion in revenue. The number was short of the company’s original estimate of $22 billion at the start of the year but did exceed its 2021 sales of $17.7 billion. The company is sticking to its previous projection of $5 billion for 2023, while revealing it will spend $4.5 billion on R&D this year.
 

Top Stories

Flagship Pioneering CEO urges shareholders to stay the course on 'choppy' biotech markets: 'See you on the seas'

The markets battered biotechs in 2022, even those that had the backing of Moderna's venture capital firm Flagship Pioneering. But good science takes time, CEO Noubar Afeyan wrote in a letter to shareholders.

7,125 Mount Sinai, Montefiore nurses launch open-ended strike for safe staffing, wage increases

A total 16,000 nurses working in eight New York City hospitals had voted to authorize a walk-off, though more than half have come to terms with their hospitals. Mount Sinai Medical Center and Montefiore Medical Center said they are rescheduling appointments and elective procedures but will keep their hospitals open.

JPM23: Hologic sees steep sales drop as COVID-19 test revenue evaporates

With sums described as estimates ahead of the company’s full disclosure slated for Feb. 1, Hologic reported that the final three months of 2022 brought in a total of $1.07 billion in sales.

Capitalizing on share price crash, AstraZeneca inks $1.8B CinCor takeover for blood pressure drug

AstraZeneca has kicked off the J.P.Morgan Healthcare Conference with a deal, capitalizing on the recent collapse of CinCor Pharma’s share price to snap up the blood pressure biotech in a $1.8 billion deal.

Bristol Myers Squibb, Pfizer turned away from SCOTUS in high-profile cases

Bristol Myers Squibb has come up short in its last-ditch effort to get the U.S. Supreme Court to review its decision from two months ago. Pfizer also suffered a defeat at the High Court.

How FTC's noncompete agreements rule could impact healthcare

The Federal Trade Commission yesterday proposed a rule that would essentially do away with noncompete agreements. Most U.S. industries would be affected, including healthcare.

JPM23: Schrödinger expands neuroscience work with BMS, Otsuka partnerships

The AI-powered drug designer Schrödinger is growing its to-do list, with two Big Pharma collaborations focused in neuroscience.

Eisai taps its native tongue for beauty and health as it names freshly approved Alzheimer's drug Leqembi

Eisai nabbed an accelerated FDA approval last week for its new Alzheimer’s drug, and we now have a new entry into the drug name world in Leqembi.

JPM23: Lilly has a full plate, as CMO jokes, 'we need to leave J.P. Morgan and get back to work'

Eli Lilly’s plate is full this year, CMO says from the sidelines of the J.P. Morgan Healthcare conference, with five potential launches cooking and 10 top priorities.

Carbon Health announces another round of layoffs, plans to shutter RPM, chronic care programs

About six months after cutting 8% of its global workforce, hybrid primary care company Carbon Health announced on Friday another round of layoffs and corporate restructuring efforts.

Newly solo GE HealthCare begins bulking up C-suite, naming Amazon, FDA alum first tech chief

In its first days as a standalone company, GE HealthCare has already hit the ground running.

JPM23: Bluebird touts gene therapy launch progress, extends cash runway to 2024

Before bluebird bio nabbed a pair of gene therapy FDA approvals for last summer, the company’s future looked uncertain. Entering 2023, the gene therapy specialist at least has a commercial business to build.

Editas rewrites its own code after tough 2022, sending staff packing and editing down programs

Editas is taking the red pen to its pipeline after a tough 2022 that saw the gene editing biotech cut a lead asset due to disappointing data—and the changes are going to mean more than a little rewrite.

JPM23, Day 1: Humana rebounds from MA enrollment flop a year ago; Centene CEO talks value-based care in individual market

All the latest healthcare and health tech news from the J.P. Morgan Healthcare Conference in San Francisco.

Women's health drugmaker Organon places bet on hysterectomy hardware developer Claria Medical

Claria Medical aims to deliver a medical device that turns the removal of the uterus into a minimally invasive, laparoscopic procedure.
 
Fierce podcasts

Don't miss an episode

'The Top Line': 2022's rotten tomatoes, plus this week's headlines

This week on “The Top Line,” we discuss the biotech industry’s rotten tomatoes. Plus, we cover the drug approvals of last year, a congressional report on Biogen's "inappropriate" communications with the FDA and other top headlines from this week.
 

Resources

Whitepaper

Medical Affairs Metamorphosis V: The (R)evolution in Medical Communications

This paper explores how Medical Affairs is adapting medical communications to meet the demands of a new environment (part 5 in a series).
On-Demand Webinar

Writing the Future of Antibody Discovery Solutions

See how high-throughput DNA synthesis combined with antibody engineering expertise provides end-to-end antibody discovery solutions.

Executive Summary

Scale-Up Strategies for Late-Stage Cell Therapies

Readers will learn manufacturing by Design Builds on Quality by Design, De-risking the Tech Transfer Process, and more.

Whitepaper

Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

How can Lipid-Based Drug Delivery System help bring poorly soluble drugs to market?
Whitepaper

Linear Compression vs. Parallel Processing: Speeding Biologics Through Development and Into Clinical Trials

Download this paper to learn considerations on how to move a biologic through clinical trials faster, advantages of Parallel Processing, and more.

Whitepaper

Intranasal Drug Product Development: Formulation to Manufacturing

What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?
Whitepaper

Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.
Case Study

A Strategy to Standardize Process Characterization & Late Phase Development

Learn more on an approach for process characterization for the production of a monoclonal antibody, which will improve the efficiency and effectiveness of the process by targeting the right design and number of experiments.

Whitepaper

Clinical Supply Solutions for the Asia-Pacific Region

Learn how Catalent’s extensive network across APAC can meet a wide range of clinical supply needs for sponsors conducting trials within the region.
Whitepaper

Supply Services to Support Clinical Trials in Japan & Beyond

Explore Catalent’s newest clinical supply facility in Japan, including the comprehensive services & solutions it offers to help support trials both in-country & around the world.
 

Industry Events

 

Upcoming Fierce Events

10
Jan
San Francisco, CA
17-19
Jan
Virtual Event
27-28
Feb
Arlington, VA
14-15
Mar
San Francisco, CA
20-22
Mar
West Palm Beach, FL

View all events