Dexcom posts 1st billion-dollar quarter

Today’s Big News

Jan 9, 2024

JPM24: Merck expects $20B+ in new cancer sales thanks to Daiichi ADC deal, Moderna vaccine


JPM24: Novartis 'pretty aggressive and active' in neuroscience BD, gene editing not so much, research chief says 


JPM24: Dexcom posts billion-dollar quarter, lays out plans to sell CGMs to insulin-free users 


JPM24: Pfizer CEO promises 'year of execution' after recent struggles, Seagen buyout


JPM24, Day 2: GSK gets in on the M&A action

 

Featured

JPM24: Merck expects $20B+ in new cancer sales thanks to Daiichi ADC deal, Moderna vaccine

While some Merck & Co. investors may still get the heebie-jeebies when thinking about Keytruda’s patent cliff in 2028, but the company’s CEO Rob Davis now thinks “it’s just another year.”
 

Top Stories

JPM24: Novartis 'pretty aggressive and active' in neuroscience BD, gene editing not so much, research chief says

Novartis’ R&D chief Fiona Marshall, Ph.D., says the company has been “pretty aggressive and active” in neuroscience-focused business development, looking for a boost to one of the company’s four key therapeutic pillars.

JPM24: Dexcom posts billion-dollar quarter, lays out plans to sell CGMs to insulin-free users

2023 was a banner year for Dexcom. Not only did it undertake a new major product launch, but it received the largest expansion of insurance coverage in the company’s history. And it’s got the receipts to show for it.

JPM24: Pfizer CEO promises 'year of execution' after recent struggles, Seagen buyout

Pfizer knows it had a bad year in 2023. Speaking to reporters at the 2024 J.P. Morgan Healthcare Conference on Monday, the company’s CEO, Albert Bourla, spoke bluntly about the hits the company took, and he acknowledged the underperformance of certain key launches.

JPM24, Day 2: GSK gets in on the M&A action, Blueprint pulls back in lung cancer

Welcome to Day 2 of the J.P. Morgan Healthcare Conference 2024 in San Francisco. Yesterday Merger Monday lived up to its name with deals for Novartis, J&J and Merck, and today, we’re also starting the day with an early deal. Check out all the updates from JPM below.

JPM24: Nvidia expands drug discovery footprint with new Amgen, Recursion alliances

Computing behemoth Nvidia is expanding its march into drug development, announcing a new partnership with Amgen's deCode and adding Recursion to its AI-based discovery platform.

Blueprint tears up plans, dropping 2 lung cancer programs after seeing early clinical data

Blueprint Medicines is pulling back from one of its three areas of focus, dropping two non-small cell lung cancer (NSCLC) programs in response to early clinical data on the EGFR tyrosine kinase inhibitors.

Astellas' gastric cancer candidate rejected by FDA because of manufacturing issues

Two successful phase 3 trials put Astellas’ monoclonal antibody zolbetuximab on track to become the first approved therapy to treat one of the hottest targets in oncology—tumors that are claudin (CLDN) positive. But the Japanese company will have to clear up manufacturing issues first. The FDA has sent a complete response letter to Astellas, rejecting zolbetuximab because of unresolved deficiencies identified in a pre-license inspection of a third-party manufacturing facility.

JPM24: Flagship unveils tech-focused initiative backed by Thermo Fisher, Samsung collabs

Hot on the heels of the official launch of its artificial intelligence-focused initiative, Flagship Pioneering is debuting yet another advanced technology-centric project.

JPM24: Amgen CEO hopes to take a bite of competitive obesity market with unique approach

With Novo Nordisk and Eli Lilly dominating the obesity field, Amgen's CEO Robert Bradway knows a new offering will have to offer a unique benefit. Amgen's phase 2 candidate MariTide, plus a myriad of preclinical assets, could stand out from the crowd with a differentiated approach, the CEO figures.

CRISPR pioneer Doudna allies with Danaher for gene editing center targeting rare disease and beyond

The center, which will be based at the headquarters of Doudna’s own Innovative Genomics Institute (IGI), will be known as the Danaher-IGI Beacon for CRISPR Cures.

JPM24: Veracyte inks $95M deal to buy fellow cancer testing company C2i Genomics

With an eye toward expanding the reach of its cancer diagnostics portfolio, Veracyte has made moves to pick up C2i Genomics, maker of tests to detect the minimal residual disease left behind after cancer treatments.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': The year in biotech

This week on "The Top Line," Fierce Biotech staff writer Gabrielle Masson and senior editor Annalee Armstrong look back at the year in biotech, which was defined by massive layoffs across the industry. They also discuss their favorite stories of the year, including an appearance from a popstar whose reputation precedes her.
 

Resources

Whitepaper

Developing and Manufacturing Drugs with HPAPIs

Discover how to effectively classify highly potent APIs and the steps required to develop containment protocols and manufacturing processes that are both safe and efficient.

eBook

7 “Make or Break” Factors for Emerging Biopharma Companies

This e-book explores 7 factors that are critical to the success of emerging biopharma companies, whether they plan to out-license, partner, or launch & commercialize products.  It’s an essential resource for emerging companies with products in all stages of development.
 

Whitepaper

Digital Health Innovation: From Concept to Commercialization

The road to digital health innovation is exciting but complex and requires thoughtful navigation; this whitepaper serves as your guide through this process.
 

Industry Events

 

Upcoming Fierce Events

9-10
Jan
San Francisco, CA
16-18
Jan
Virtual Event
11-12
Mar
San Francisco, CA
18-20
Mar
Savannah, GA
6-8
May
Jersey City, NJ

View all events