FDA denies Lilly’s Alzheimer's drug fast-track path

Today's Big News

Jan 20, 2023

Microsoft to lay off 10,000 employees to cut costs as it doubles down on artificial intelligence


Health group lambasts Novo Nordisk for 60 Minutes ‘paid’ news program on weight loss med Wegovy


Eli Lilly shut out of Alzheimer's fast lane with FDA rejection for donanemab


A loophole in the FDA 510(k) clearance program grows family trees of Class I recalls, study finds


UnitedHealthcare launches behavioral health coaching program for commercial plans


Burn after reading: FDA blasts Intas for 'cascade of failure' after investigators find heaps of shredded documents


Cyteir lays off 70% of workforce after further narrowing cancer drug goals

 

Featured

Microsoft to lay off 10,000 employees to cut costs as it doubles down on artificial intelligence

Microsoft announced a jarring pivot this week by firing 10,000 employees and moving resources toward artificial intelligence. Paige, the only company FDA-approved for a clinical AI application in digital pathology, is one of such enterprises touting recent partnerships with the tech giant.
 

Top Stories

Health group lambasts Novo Nordisk for 'paid' news program on weight loss med Wegovy

The nonprofit public health advocacy group the Physicians Committee has issued a formal complaint over allegations that Novo Nordisk paid for a promotional segment on "60 Minutes" and dressed it up as a news segment without clearly stating the drug’s risks.

Eli Lilly shut out of Alzheimer's fast lane with FDA rejection for donanemab

Eli Lilly’s bid for an accelerated approval of Alzheimer’s disease drug donanemab has been shut down by the FDA.

A loophole in the FDA 510(k) clearance program grows family trees of Class I recalls, study finds

A JAMA investigation found that devices were much more likely to be slapped with a Class I recall if their FDA authorizations were based on devices that had previously been recalled as well.

UnitedHealthcare launches behavioral health coaching program for commercial plans

UnitedHealthcare is rolling out a new virtual behavioral health coaching program backed by Optum.

Burn after reading: FDA blasts Intas for 'cascade of failure' after investigators find heaps of shredded documents

Lies, shredded documents and a trashcan dowsed in acid: Intas Pharmaceuticals’ new write-up from the U.S. FDA is a textbook example of what not to do when investigators come knocking.

Cyteir lays off 70% of workforce after further narrowing cancer drug goals

Back in the summer, Cyteir Therapeutics announced that it was pressing pause on plans to get one of its cancer meds into the clinic. But it’s only now that we’re seeing the fallout of the decision to focus on its lead ovarian cancer asset—in the form of laying off 70% of its workforce.

Avalere: Some beneficiaries could still face drug affordability issues after Part D redesign

A new analysis from Avalere found that some Medicare Part D beneficiaries could still face affordability challenges even after taking into account a redesigned drug benefit taking effect.

Bausch + Lomb buys cataract lens maker AcuFocus

The acquisition of AcuFocus includes its lens replacement implant designed to offer an extended depth of field.

Ipsen's Onivyde proves its worth in aggressive pancreatic cancer

Ipsen's Onivyde proved its worth in previously untreated pancreatic ductal adenocarcinoma, a notoriously tough-to-treat cancer type. The treatment improved progression-free survival by a median of 7.4 months compared with standard of care.

Astellas, after years of gene therapy woes, gets rare boost with FDA lifting of Pompe clinical hold

The FDA has handed a boost to Astellas Pharma’s stuttering push into gene therapy by lifting the clinical hold on a phase 1/2 study in late-onset Pompe disease. Astellas was forced to pump the brakes on the AT845 program last year after a participant developed peripheral sensory neuropathy.

Sanofi launches new scholarship program to boost diversity in healthcare

Citing the “trust gap” as one of the greatest challenges in global health today, Sanofi announced its new NextGen Scholarship program a global initiative aimed at getting more people from underrepresented communities, specifically Black and ethnic minority groups, women, people with disabilities and LGBTQ+ communities, into the healthcare profession.

A CAR-T cell gel kills residual cancer cells leftover from surgery

Surgically removing a tumor can cure a patient, but if there are any cancerous cells left around the edges, it’s likely to return. Applying a gel containing CAR-T cells to the surgical wound could clear out residual cancer and prevent recurrence, a new mouse study found.

Novocure shakes up C-suite after successful trial of tumor-treating electric fields in lung cancer

Fresh off the release of clinical data showing its Tumor Treating Fields technology helped improve survival rates for lung cancer patients compared to standard therapies alone, Novocure is bracing for that trial win to kick off a period of rapid growth.
 
Fierce podcasts

Don't miss an episode

'The Top Line': Panelists at Fierce's JPM Week event talk drug pricing policy, and Bayer's oncology head discusses cancer strategy

This week on "The Top Line," we take you inside Fierce's JPM Week event. Listen in on snippets from a lively panel discussion on how companies will navigate the drug pricing policies the Biden administration rolled out just last year. And hear from Christine Roth, head of Bayer's oncology strategic business unit, about the company's plans to become a strong competitor in cancer.
 

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