HHS selects 15 more drugs for price negotiations

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Today’s Big News

Jan 17, 2025

Novo Nordisk touts 'superior' weight loss results in study of high-dose Wegovy 


‘Own JP Morgan, don't let JP Morgan own you’: Biopharma—and Jill Biden—show up for JPM25 


Novo's semaglutide among 2nd batch of drugs selected for IRA price negotiations 


FDA’s device chief calls for more authority to address supply chain shortages impacting pediatric, neonatal patients


JPM25: After taking the wheel at Acadia, CEO Catherine Owen Adams looks to steer firm toward $1B in sales 


Fierce's forecasts for the next year in biopharma 


WuXi AppTec sells US medical device testing business to NAMSA

 

Featured

Novo Nordisk touts 'superior' weight loss results in study of high-dose Wegovy

In the phase 3b STEP UP study, an experimental 7.2-mg semaglutide dose helped patients lose more weight on average at 72 weeks compared to placebo or semaglutide 2.4 mg, which is currently the highest dose of Novo Nordisk's drug marketed under the Wegovy brand for obesity.
 

Top Stories

‘Own JP Morgan, don't let JP Morgan own you’: Biopharma—and Jill Biden—show up for JPM25

This year’s JP Morgan struck a different tone than previous years—a very pleasant one, despite higher security anxieties following the fatal shooting of UnitedHealthcare’s CEO in December.

Novo's semaglutide among 2nd batch of drugs selected for IRA price negotiations

The U.S. government has selected the second batch of drugs up for Medicare price negotiations under the Inflation Reduction Act. The list of 15 medicines includes blockbuster drugs from Novo Nordisk, Pfizer, Bristol Myers Squibb, AstraZeneca, GSK and other companies. Novo’s booming semaglutide franchise for diabetes and obesity is the standout inclusion in this year's list.

FDA’s device chief calls for more authority to address supply chain shortages impacting pediatric, neonatal patients

Shortages of appropriate devices may force clinicians to adapt with equipment for adults, adding increased risk, said CDRH Director Michelle Tarver.

JPM25: After taking the wheel at Acadia, CEO Catherine Owen Adams looks to steer firm toward $1B in sales

Bristol Myers Squibb vet Catherine Owen Adams joined Acadia Pharmaceuticals in September on the heels of the company's new rare disease launch and its scrapped label expansion push for troubled Nuplazid.

Fierce's forecasts for the next year in biopharma

This week on “The Top Line,” we explore the trends that defined the industry in 2024 and predict how 2025 might shake out for biopharmas big and small.

WuXi AppTec sells US medical device testing business to NAMSA

The deal includes facilities in Atlanta, Georgia and St. Paul, Minnesota; the financial details were not disclosed.

Analysts tip Eisai, Biogen and Lilly to drive eightfold explosion in Alzheimer's market value

GlobalData analysts are predicting an Alzheimer’s disease market boom, tipping its value across major regions to increase eightfold in a decade as therapies address unmet medical need.

Notch begins 'significant' layoffs, blames tough environment for preclinical cell therapy biotechs

Notch Therapeutics is making “significant” layoffs to conserve its cash while the cell therapy biotech seeks out new partners or investors.

Chutes & Ladders—Apellis COO stepping down to take first CEO job

After six years at Apellis, Chief Operating Officer Adam Townsend is saying goodbye to take on his first CEO job. The veteran exec will depart on Feb. 21 to lead a private biotech company.

Arvinas’ inaugural commercial chief steps down, to be replaced in the interim by market access VP

About two and a half years after originating the role of chief commercial officer at Arvinas, John Northcott is leaving his post at the biotech.
 
Fierce podcasts

Don’t miss an episode

Fierce's forecasts for the next year in biopharma

This week on “The Top Line,” we explore the trends that defined the industry in 2024 and predict how 2025 might shake out for biopharmas big and small.
 

Resources

Whitepaper

Communicating the Value of Biopharma Assets to Potential Investors

How can an emerging company attract the right partner for a therapeutic asset (& optimize its value in a transaction)? This paper offers some insights.
 

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